Handelsbanken Fonder AB Buys 9,739 Shares of Ventas, Inc. (NYSE:VTR)

Handelsbanken Fonder AB lifted its position in Ventas, Inc. (NYSE:VTR - Free Report) by 4.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 255,364 shares of the real estate investment trust's stock after buying an additional 9,739 shares during the period. Handelsbanken Fonder AB owned about 0.06% of Ventas worth $16,376,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Centersquare Investment Management LLC raised its position in 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 worth $345,667,000 after buying an additional 802,546 shares during the last quarter. Dimensional Fund Advisors LP lifted 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 valued at $304,047,000 after purchasing an additional 96,482 shares during the period. Price T Rowe Associates Inc. MD boosted its holdings 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 worth $239,000,000 after purchasing an additional 413,564 shares during the last quarter. Massachusetts Financial Services Co. MA purchased a new stake in Ventas in the second quarter worth approximately $135,425,000. Finally, Canada Pension Plan Investment Board raised its stake in 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 valued at $90,051,000 after buying an additional 7,585 shares during the last quarter. Hedge funds and other institutional investors own 94.18% of the company's stock.

Ventas Price Performance

Shares of NYSE VTR traded up $0.09 during midday trading on Monday, reaching $62.62. The stock had a trading volume of 2,542,654 shares, compared to its average volume of 2,415,570. The company has a market capitalization of $25.87 billion, a price-to-earnings ratio of -329.56, a price-to-earnings-growth ratio of 2.80 and a beta of 1.36. Ventas, Inc. has a 12-month low of $39.34 and a 12-month high of $65.64. The stock has a 50-day moving average of $60.98 and a 200-day moving average of $52.49. 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 (NYSE:VTR - Get Free Report) last posted its quarterly earnings results on Thursday, August 1st. The real estate investment trust reported $0.05 EPS for the quarter, missing analysts' consensus estimates of $0.79 by ($0.74). The business had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.19 billion. Ventas had a negative net margin of 3.33% and a negative return on equity of 1.63%. Ventas's revenue was up 8.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.75 earnings per share. As a group, research analysts anticipate that Ventas, Inc. will post 3.18 EPS for the current fiscal year.

Ventas Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 17th. Shareholders of record on Tuesday, October 1st will be paid a $0.45 dividend. The ex-dividend date of this dividend is Tuesday, October 1st. This represents a $1.80 annualized dividend and a yield of 2.87%. Ventas's payout ratio is -947.32%.

Insider Activity

In other Ventas news, CEO Debra A. Cafaro sold 40,079 shares of Ventas stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $57.29, for a total value of $2,296,125.91. Following the sale, the chief executive officer now directly owns 986,717 shares in the company, valued at approximately $56,529,016.93. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, CEO Debra A. Cafaro sold 6,827 shares of the business's stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $63.20, for a total value of $431,466.40. Following the sale, the chief executive officer now owns 986,717 shares in the company, valued at approximately $62,360,514.40. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Debra A. Cafaro sold 40,079 shares of the company's stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $57.29, for a total transaction of $2,296,125.91. Following the sale, the chief executive officer now directly owns 986,717 shares in the company, valued at approximately $56,529,016.93. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 77,065 shares of company stock worth $4,526,464 over the last quarter. Insiders own 1.00% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on VTR shares. Scotiabank raised their price target on Ventas from $55.00 to $59.00 and gave the stock a "sector perform" rating in a research note on Wednesday, August 7th. Evercore ISI raised their target price on Ventas from $64.00 to $70.00 and gave the stock an "outperform" rating in a research report on Monday, September 16th. StockNews.com raised shares of Ventas from a "sell" rating to a "hold" rating in a research report on Wednesday, July 10th. Royal Bank of Canada raised their price objective on shares of Ventas from $52.00 to $63.00 and gave the stock an "outperform" rating in a report on Friday, August 9th. Finally, Wells Fargo & Company raised shares of Ventas from an "equal weight" rating to an "overweight" rating and upped their target price for the company from $61.00 to $71.00 in a report on Tuesday, October 1st. Two research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $61.11.

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.