National Pension Service raised its position in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 2.9% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 616,526 shares of the real estate investment trust's stock after acquiring an additional 17,199 shares during the period. National Pension Service owned approximately 0.15% of Ventas worth $39,538,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Centersquare Investment Management LLC lifted its stake in shares of Ventas by 11.5% during the 1st quarter. Centersquare Investment Management LLC now owns 7,806,396 shares of the real estate investment trust's stock worth $345,667,000 after acquiring an additional 802,546 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Ventas by 1.7% during the second quarter. Dimensional Fund Advisors LP now owns 5,931,538 shares of the real estate investment trust's stock worth $304,047,000 after purchasing an additional 96,482 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its position in shares of Ventas by 8.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 5,489,159 shares of the real estate investment trust's stock worth $239,000,000 after purchasing an additional 413,564 shares during the last quarter. Massachusetts Financial Services Co. MA purchased a new stake in shares of Ventas during the second quarter valued at $135,425,000. Finally, Canada Pension Plan Investment Board grew its holdings in shares of Ventas by 0.4% in the second quarter. Canada Pension Plan Investment Board now owns 1,756,752 shares of the real estate investment trust's stock worth $90,051,000 after purchasing an additional 7,585 shares during the last quarter. Hedge funds and other institutional investors own 94.18% of the company's stock.
Analyst Upgrades and Downgrades
VTR has been the subject of a number of research analyst reports. StockNews.com upgraded shares of Ventas from a "sell" rating to a "hold" rating in a report on Friday, November 1st. Evercore ISI boosted their price target on Ventas from $64.00 to $70.00 and gave the company an "outperform" rating in a report on Monday, September 16th. Royal Bank of Canada increased their price objective on Ventas from $52.00 to $63.00 and gave the stock an "outperform" rating in a research note on Friday, August 9th. Wolfe Research raised Ventas to a "strong-buy" rating in a research report on Friday, August 9th. Finally, Wells Fargo & Company raised Ventas from an "equal weight" rating to an "overweight" rating and increased their price target for the stock from $61.00 to $71.00 in a research report on Tuesday, October 1st. Two equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $63.63.
Get Our Latest Analysis on VTR
Ventas Stock Up 1.9 %
Shares of VTR traded up $1.23 during trading hours on Thursday, hitting $64.45. The company had a trading volume of 2,758,593 shares, compared to its average volume of 2,399,363. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.39. The company has a market capitalization of $27.03 billion, a PE ratio of -380.27, a price-to-earnings-growth ratio of 2.86 and a beta of 1.36. Ventas, Inc. has a one year low of $41.45 and a one year high of $67.61. The company's fifty day moving average price is $63.91 and its two-hundred day moving average price is $55.86.
Ventas Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Thursday, October 17th. Shareholders of record on Tuesday, October 1st were issued a $0.45 dividend. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $1.80 dividend on an annualized basis and a yield of 2.79%. Ventas's dividend payout ratio is presently -1,058.76%.
Insider Buying and Selling at Ventas
In other news, CEO Peter J. Bulgarelli sold 6,000 shares of Ventas stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of $64.99, for a total value of $389,940.00. Following the transaction, the chief executive officer now owns 90,795 shares of the company's stock, valued at $5,900,767.05. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, CEO Peter J. Bulgarelli sold 6,000 shares of the firm's stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $64.99, for a total value of $389,940.00. Following the completion of the sale, the chief executive officer now owns 90,795 shares of the company's stock, valued at $5,900,767.05. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Debra A. Cafaro sold 6,827 shares of the company's stock in a transaction dated Thursday, September 5th. The shares were sold at an average price of $63.20, for a total value of $431,466.40. Following the transaction, the chief executive officer now directly owns 986,717 shares in the company, valued at $62,360,514.40. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 140,454 shares of company stock valued at $9,263,815. 1.00% of the stock is currently owned by insiders.
Ventas Profile
(
Free Report)
Ventas Inc NYSE: VTR is a leading S&P 500 real estate investment trust focused on delivering strong, sustainable shareholder returns by enabling exceptional environments that benefit a large and growing aging population. The Company's growth is fueled by its senior housing communities, which provide valuable services to residents and enable them to thrive in supported environments.
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