Cubist Systematic Strategies LLC Decreases Stock Holdings in Ventas, Inc. (NYSE:VTR)

Cubist Systematic Strategies LLC lowered its position in Ventas, Inc. (NYSE:VTR - Free Report) by 41.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 19,828 shares of the real estate investment trust's stock after selling 13,810 shares during the quarter. Cubist Systematic Strategies LLC's holdings in Ventas were worth $1,016,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. First Community Trust NA purchased a new position in shares of Ventas during the second quarter worth about $25,000. ORG Partners LLC purchased a new stake in shares of Ventas during the second quarter worth approximately $27,000. First Financial Corp IN purchased a new stake in shares of Ventas during the first quarter worth approximately $30,000. EdgeRock Capital LLC acquired a new stake in shares of Ventas during the second quarter worth $41,000. Finally, Friedenthal Financial purchased a new position in Ventas in the 2nd quarter valued at $51,000. 94.18% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Ventas

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 transaction 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 transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other Ventas news, CEO Debra A. Cafaro sold 6,827 shares of the firm's stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of $63.20, for a total value of $431,466.40. Following the sale, the chief executive officer now directly owns 986,717 shares of the company's stock, valued at approximately $62,360,514.40. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, 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 transaction, the chief executive officer now directly owns 90,795 shares of the company's stock, valued at approximately $5,900,767.05. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 77,065 shares of company stock valued at $4,526,464. 1.00% of the stock is owned by corporate insiders.

Analyst Ratings Changes

VTR has been the subject of a number of analyst reports. Wells Fargo & Company upgraded shares of Ventas from an "equal weight" rating to an "overweight" rating and upped their price objective for the stock from $61.00 to $71.00 in a research report on Tuesday. Evercore ISI increased their price target on shares of Ventas from $64.00 to $70.00 and gave the stock an "outperform" rating in a report on Monday, September 16th. Wedbush lifted their price objective on Ventas from $64.00 to $71.00 and gave the company an "outperform" rating in a report on Tuesday, September 10th. Wolfe Research upgraded Ventas to a "strong-buy" rating in a research report on Friday, August 9th. Finally, Royal Bank of Canada raised 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 analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $61.11.

Ventas Price Performance

NYSE VTR traded down $0.67 during mid-day trading on Thursday, hitting $62.57. The stock had a trading volume of 2,951,183 shares, compared to its average volume of 2,414,742. The company has a 50 day simple moving average of $60.80 and a 200 day simple moving average of $52.23. The company has a market cap of $25.85 billion, a price-to-earnings ratio of -329.30, a P/E/G ratio of 2.82 and a beta of 1.36. Ventas, Inc. has a 52-week low of $39.33 and a 52-week high of $65.64. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 1.36.

Ventas (NYSE:VTR - Get Free Report) last released its quarterly earnings results 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 firm had revenue of $1.20 billion for 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 quarterly revenue was up 8.6% compared to the same quarter last year. During the same period last year, the firm earned $0.75 EPS. Equities analysts forecast that Ventas, Inc. will post 3.18 EPS for the current fiscal year.

Ventas Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 17th. Investors of record on Tuesday, October 1st will be given a dividend of $0.45 per share. The ex-dividend date is Tuesday, October 1st. This represents a $1.80 annualized dividend and a dividend yield of 2.88%. Ventas's dividend payout ratio is currently -947.32%.

Ventas Company Profile

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.