Natixis Advisors LLC boosted its stake in Ventas, Inc. (NYSE:VTR - Free Report) by 19.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 134,803 shares of the real estate investment trust's stock after buying an additional 21,950 shares during the quarter. Natixis Advisors LLC's holdings in Ventas were worth $8,645,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of the company. O Shaughnessy Asset Management LLC raised its position in shares of Ventas by 9.0% in the first quarter. O Shaughnessy Asset Management LLC now owns 27,362 shares of the real estate investment trust's stock valued at $1,191,000 after buying an additional 2,270 shares during the last quarter. Bessemer Group Inc. raised its holdings in Ventas by 4.6% in the 1st quarter. Bessemer Group Inc. now owns 5,292 shares of the real estate investment trust's stock valued at $230,000 after acquiring an additional 234 shares during the last quarter. Canada Pension Plan Investment Board lifted its stake in Ventas by 2.3% in the 1st quarter. Canada Pension Plan Investment Board now owns 1,749,167 shares of the real estate investment trust's stock worth $76,159,000 after purchasing an additional 40,000 shares in the last quarter. 1832 Asset Management L.P. grew its position in shares of Ventas by 4.7% in the first quarter. 1832 Asset Management L.P. now owns 800,881 shares of the real estate investment trust's stock valued at $34,870,000 after purchasing an additional 36,200 shares in the last quarter. Finally, Magnetar Financial LLC acquired a new stake in shares of Ventas in the first quarter valued at approximately $2,494,000. 94.18% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity
In related news, CEO Peter J. Bulgarelli sold 6,000 shares of the 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 transaction, the chief executive officer now owns 90,795 shares of the company's stock, valued at $5,900,767.05. This represents a 6.20 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Debra A. Cafaro sold 6,004 shares of Ventas stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $66.11, for a total value of $396,924.44. Following the sale, the chief executive officer now directly owns 986,717 shares of the company's stock, valued at $65,231,860.87. This trade represents a 0.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 140,454 shares of company stock worth $9,263,815. 1.00% of the stock is currently owned by company insiders.
Wall Street Analyst Weigh In
A number of brokerages have issued reports on VTR. Wedbush raised their target price on Ventas from $64.00 to $71.00 and gave the stock an "outperform" rating in a research note on Tuesday, September 10th. StockNews.com raised shares of Ventas from a "sell" rating to a "hold" rating in a research note on Friday, November 1st. Wolfe Research upgraded Ventas to a "strong-buy" rating in a report on Friday, August 9th. Evercore ISI lifted their target price on Ventas from $64.00 to $70.00 and gave the company an "outperform" rating in a research report on Monday, September 16th. Finally, Scotiabank increased their price target on Ventas from $59.00 to $65.00 and gave the stock a "sector perform" rating in a report on Friday, October 11th. Two analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Ventas presently has an average rating of "Moderate Buy" and a consensus target price of $63.63.
View Our Latest Analysis on Ventas
Ventas Stock Down 1.2 %
VTR traded down $0.75 during trading hours on Friday, hitting $63.55. 1,743,375 shares of the company's stock were exchanged, compared to its average volume of 2,404,872. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.39. Ventas, Inc. has a 12-month low of $41.45 and a 12-month high of $67.61. The firm has a market cap of $26.66 billion, a P/E ratio of -378.21, a price-to-earnings-growth ratio of 2.97 and a beta of 1.36. The firm has a 50 day moving average of $64.14 and a 200 day moving average of $57.31.
Ventas Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, October 17th. Shareholders of record on Tuesday, October 1st were given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 2.83%. The ex-dividend date was Tuesday, October 1st. Ventas's dividend payout ratio is currently -1,058.76%.
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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