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Point72 Asset Management L.P. Has $7.94 Million Stock Holdings in Ventas, Inc. (NYSE:VTR)

Ventas logo with Finance background

Point72 Asset Management L.P. trimmed its stake in Ventas, Inc. (NYSE:VTR - Free Report) by 43.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 154,811 shares of the real estate investment trust's stock after selling 116,589 shares during the quarter. Point72 Asset Management L.P.'s holdings in Ventas were worth $7,936,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in VTR. Massachusetts Financial Services Co. MA purchased a new stake in shares of Ventas in the second quarter worth approximately $135,425,000. ANTIPODES PARTNERS Ltd acquired a new position in Ventas in the second quarter worth approximately $73,517,000. Centersquare Investment Management LLC increased its holdings in Ventas by 11.5% in the first quarter. Centersquare Investment Management LLC now owns 7,806,396 shares of the real estate investment trust's stock worth $345,667,000 after buying an additional 802,546 shares during the last quarter. Zurich Insurance Group Ltd FI increased its holdings in Ventas by 217.4% in the second quarter. Zurich Insurance Group Ltd FI now owns 856,525 shares of the real estate investment trust's stock worth $43,905,000 after buying an additional 586,676 shares during the last quarter. Finally, Mackenzie Financial Corp increased its holdings in Ventas by 1,247.7% in the second quarter. Mackenzie Financial Corp now owns 496,531 shares of the real estate investment trust's stock worth $25,452,000 after buying an additional 459,689 shares during the last quarter. 94.18% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

VTR has been the topic of a number of research reports. Wells Fargo & Company upgraded Ventas from an "equal weight" rating to an "overweight" rating and increased their price objective for the stock from $61.00 to $71.00 in a report on Tuesday. Scotiabank increased their price objective on Ventas from $55.00 to $59.00 and gave the stock a "sector perform" rating in a report on Wednesday, August 7th. Wolfe Research upgraded Ventas to a "strong-buy" rating in a report on Friday, August 9th. StockNews.com upgraded Ventas from a "sell" rating to a "hold" rating in a report on Wednesday, July 10th. Finally, 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 report on Friday, August 9th. Two research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $61.11.

View Our Latest Research Report on VTR

Insider Buying and Selling

In related news, CEO Peter J. Bulgarelli sold 3,784 shares of the firm's stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $55.24, for a total value of $209,028.16. Following the completion of the transaction, the chief executive officer now directly owns 104,295 shares of the company's stock, valued at $5,761,255.80. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other Ventas 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 transaction of $2,296,125.91. Following the completion of the transaction, the chief executive officer now directly owns 986,717 shares of the company's stock, valued at $56,529,016.93. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Peter J. Bulgarelli sold 3,784 shares of Ventas stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $55.24, for a total value of $209,028.16. Following the transaction, the chief executive officer now directly owns 104,295 shares of the company's stock, valued at $5,761,255.80. The disclosure for this sale can be found here. Insiders sold a total of 77,065 shares of company stock valued at $4,526,464 over the last ninety days. 1.00% of the stock is owned by company insiders.

Ventas Stock Performance

Shares of Ventas stock traded down $0.65 during midday trading on Wednesday, hitting $63.24. The company had a trading volume of 1,991,729 shares, compared to its average volume of 2,411,340. The business's 50 day simple moving average is $60.62 and its two-hundred day simple moving average is $52.16. The stock has a market cap of $26.13 billion, a PE ratio of -332.82, a P/E/G ratio of 2.82 and a beta of 1.36. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.58 and a quick ratio of 0.58. Ventas, Inc. has a 1-year low of $39.33 and a 1-year high of $65.64.

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

Ventas Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 17th. Investors of record on Tuesday, October 1st will be given a $0.45 dividend. The ex-dividend date is Tuesday, October 1st. This represents a $1.80 annualized dividend and a yield of 2.85%. Ventas's dividend payout ratio (DPR) is currently -947.32%.

Ventas Company 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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Institutional Ownership by Quarter for Ventas (NYSE:VTR)

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