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Northwestern Mutual Wealth Management Co. Has $1.67 Million Stock Holdings in Ventas, Inc. (NYSE:VTR)

Ventas logo with Finance background

Northwestern Mutual Wealth Management Co. lifted its position in Ventas, Inc. (NYSE:VTR - Free Report) by 135.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,654 shares of the real estate investment trust's stock after buying an additional 18,780 shares during the quarter. Northwestern Mutual Wealth Management Co.'s holdings in Ventas were worth $1,674,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. The Manufacturers Life Insurance Company boosted its position in Ventas by 6.7% during the fourth quarter. The Manufacturers Life Insurance Company now owns 334,730 shares of the real estate investment trust's stock worth $16,683,000 after purchasing an additional 21,112 shares during the period. Rafferty Asset Management LLC raised its holdings in Ventas by 20.0% in the 4th quarter. Rafferty Asset Management LLC now owns 53,964 shares of the real estate investment trust's stock valued at $2,690,000 after acquiring an additional 9,010 shares during the period. Tower Research Capital LLC TRC lifted its position in Ventas by 169.3% during the fourth quarter. Tower Research Capital LLC TRC now owns 61,515 shares of the real estate investment trust's stock worth $3,066,000 after acquiring an additional 38,675 shares during the last quarter. Public Employees Retirement Association of Colorado boosted its holdings in shares of Ventas by 15.4% during the fourth quarter. Public Employees Retirement Association of Colorado now owns 44,881 shares of the real estate investment trust's stock worth $2,237,000 after acquiring an additional 5,988 shares during the period. Finally, Vinva Investment Management Ltd acquired a new position in shares of Ventas in the fourth quarter valued at approximately $583,000. 94.18% of the stock is currently owned by institutional investors and hedge funds.

Ventas Price Performance

Shares of Ventas stock traded down $0.04 during trading on Friday, reaching $62.53. 2,446,606 shares of the company's stock were exchanged, compared to its average volume of 2,414,908. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.58 and a current ratio of 0.58. Ventas, Inc. has a 1-year low of $39.33 and a 1-year high of $65.64. The company has a market cap of $25.83 billion, a P/E ratio of -329.09, a PEG ratio of 2.80 and a beta of 1.36. The firm's 50-day moving average price is $60.98 and its 200 day moving average price is $52.49.

Ventas (NYSE:VTR - Get Free Report) last posted its quarterly earnings results on Thursday, August 1st. The real estate investment trust reported $0.05 earnings per share for the quarter, missing analysts' consensus estimates 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 net margin of 3.33% and a negative return on equity of 1.63%. The company's revenue for the quarter was up 8.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.75 earnings per share. As a group, research analysts anticipate that Ventas, Inc. will post 3.18 earnings per share for the current year.

Ventas Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 17th. Shareholders of record on Tuesday, October 1st will be issued a $0.45 dividend. The ex-dividend date of this dividend is Tuesday, October 1st. This represents a $1.80 dividend on an annualized basis and a yield of 2.88%. Ventas's payout ratio is presently -947.32%.

Insider Buying and Selling at Ventas

In other Ventas news, CEO Peter J. Bulgarelli sold 6,000 shares of the business's stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of $64.99, for a total transaction of $389,940.00. Following the sale, the chief executive officer now directly 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In related 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 transaction of $389,940.00. Following the completion of the transaction, the chief executive officer now directly 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Peter J. Bulgarelli sold 3,784 shares of the company's stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $55.24, for a total value of $209,028.16. Following the completion of the sale, the chief executive officer now owns 104,295 shares in the company, valued at $5,761,255.80. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 77,065 shares of company stock worth $4,526,464. 1.00% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Royal Bank of Canada boosted 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. Wells Fargo & Company raised shares of Ventas from an "equal weight" rating to an "overweight" rating and raised their price target for the stock from $61.00 to $71.00 in a research report on Tuesday, October 1st. Evercore ISI boosted their price objective on shares of Ventas from $64.00 to $70.00 and gave the company an "outperform" rating in a report on Monday, September 16th. Scotiabank raised their target price on shares of Ventas from $55.00 to $59.00 and gave the stock a "sector perform" rating in a report on Wednesday, August 7th. Finally, StockNews.com upgraded Ventas from a "sell" rating to a "hold" rating in a research note on Wednesday, July 10th. Two research analysts have rated the stock with a hold rating, eight have issued 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 target price of $61.11.

Check Out Our Latest Stock Report on VTR

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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Institutional Ownership by Quarter for Ventas (NYSE:VTR)

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