Duff & Phelps Investment Management Co. Has $157.09 Million Stock Position in Ventas, Inc. (NYSE:VTR)

Duff & Phelps Investment Management Co. reduced its holdings in Ventas, Inc. (NYSE:VTR - Free Report) by 2.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,064,525 shares of the real estate investment trust's stock after selling 76,965 shares during the period. Ventas accounts for about 2.0% of Duff & Phelps Investment Management Co.'s portfolio, making the stock its 10th largest holding. Duff & Phelps Investment Management Co. owned about 0.76% of Ventas worth $157,088,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Centersquare Investment Management LLC boosted its holdings in shares of Ventas by 11.5% in the 1st quarter. Centersquare Investment Management LLC now owns 7,806,396 shares of the real estate investment trust's stock valued at $345,667,000 after buying an additional 802,546 shares during the last quarter. Dimensional Fund Advisors LP raised its position in 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 acquiring an additional 96,482 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its stake in Ventas by 8.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 5,489,159 shares of the real estate investment trust's stock valued at $239,000,000 after acquiring an additional 413,564 shares during the last quarter. Massachusetts Financial Services Co. MA bought a new position in shares of Ventas in the 2nd quarter valued at about $135,425,000. Finally, Canada Pension Plan Investment Board increased its stake in shares of Ventas by 0.4% during the 2nd 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. 94.18% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Scotiabank raised their target price on shares of Ventas from $55.00 to $59.00 and gave the company a "sector perform" rating in a research note on Wednesday, August 7th. Evercore ISI lifted their target price on Ventas from $64.00 to $70.00 and gave the stock an "outperform" rating in a research note on Monday, September 16th. Royal Bank of Canada increased their price target on Ventas from $52.00 to $63.00 and gave the company an "outperform" rating in a research note on Friday, August 9th. Wedbush lifted their price objective on shares of Ventas from $64.00 to $71.00 and gave the stock an "outperform" rating in a research report on Tuesday, September 10th. Finally, StockNews.com raised shares of Ventas from a "sell" rating to a "hold" rating in a research report on Wednesday, July 10th. Three research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Ventas presently has a consensus rating of "Moderate Buy" and an average price target of $58.67.

Ventas Stock Performance

Shares of Ventas stock traded up $0.01 during trading on Friday, reaching $63.84. The company's stock had a trading volume of 3,311,875 shares, compared to its average volume of 2,400,958. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 1.36. The business's 50-day moving average price is $60.01 and its 200-day moving average price is $51.78. Ventas, Inc. has a 52 week low of $39.33 and a 52 week high of $65.64. The firm has a market cap of $26.38 billion, a PE ratio of -335.98, a P/E/G ratio of 2.83 and a beta of 1.36.

Ventas (NYSE:VTR - Get Free Report) last posted its quarterly earnings data on Thursday, August 1st. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.79 by ($0.74). Ventas had a negative net margin of 3.33% and a negative return on equity of 1.63%. The business had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.19 billion. During the same period in the prior year, the firm earned $0.75 EPS. The business's revenue for the quarter was up 8.6% on a year-over-year basis. Equities analysts forecast that Ventas, Inc. will post 3.18 earnings per share for the current year.

Ventas Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 17th. Stockholders of record on Tuesday, October 1st will be given a dividend of $0.45 per share. The ex-dividend date of this dividend is Tuesday, October 1st. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.82%. Ventas's payout ratio is -947.32%.

Insider Transactions at Ventas

In related news, CEO Peter J. Bulgarelli sold 6,000 shares of the company's stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $64.99, for a total transaction 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. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, CEO Debra A. Cafaro sold 40,079 shares of Ventas stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $57.29, for a total value of $2,296,125.91. Following the transaction, the chief executive officer now owns 986,717 shares in the company, valued at approximately $56,529,016.93. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Peter J. Bulgarelli sold 6,000 shares of the company'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 sale, the chief executive officer now owns 90,795 shares of the company's stock, valued at $5,900,767.05. The disclosure for this sale can be found here. In the last three months, insiders have sold 77,065 shares of company stock valued at $4,526,464. 1.00% of the stock is owned by corporate insiders.

About Ventas

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.