Perpetual Ltd Buys Shares of 8,490 Ventas, Inc. (NYSE:VTR)

Perpetual Ltd acquired a new stake in shares of Ventas, Inc. (NYSE:VTR - Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 8,490 shares of the real estate investment trust's stock, valued at approximately $544,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. First Community Trust NA acquired a new position in shares of Ventas in the second quarter valued at approximately $25,000. ORG Partners LLC bought a new position in Ventas during the 2nd quarter worth about $27,000. First Financial Corp IN bought a new position in Ventas during the 1st quarter worth about $30,000. EdgeRock Capital LLC acquired a new position in shares of Ventas during the second quarter worth about $41,000. Finally, Friedenthal Financial bought a new position in shares of Ventas during the second quarter worth about $51,000. 94.18% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Ventas news, CEO Peter J. Bulgarelli sold 3,784 shares of the firm's stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $55.24, for a total transaction of $209,028.16. Following the completion of the sale, the chief executive officer now directly owns 104,295 shares in the company, valued at $5,761,255.80. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other news, CEO Debra A. Cafaro sold 40,079 shares of the business's stock in a transaction dated 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 completion of the sale, the chief executive officer now owns 986,717 shares of the company's stock, valued at approximately $56,529,016.93. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Peter J. Bulgarelli sold 3,784 shares of the firm's stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $55.24, for a total transaction of $209,028.16. Following the transaction, the chief executive officer now directly owns 104,295 shares in the company, valued at approximately $5,761,255.80. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 77,065 shares of company stock valued at $4,526,464. Company insiders own 1.00% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the company. Scotiabank boosted their target price on Ventas from $59.00 to $65.00 and gave the company a "sector perform" rating in a research note on Friday. Wolfe Research raised shares of Ventas to a "strong-buy" rating in a research report on Friday, August 9th. Evercore ISI raised their target price on shares of Ventas from $64.00 to $70.00 and gave the company an "outperform" rating in a research report on Monday, September 16th. Wedbush lifted their price target on shares of Ventas from $64.00 to $71.00 and gave the company an "outperform" rating in a research note on Tuesday, September 10th. Finally, Royal Bank of Canada increased their price objective on shares of Ventas from $52.00 to $63.00 and gave the stock an "outperform" rating in a research note on Friday, August 9th. Two research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, Ventas has a consensus rating of "Moderate Buy" and a consensus target price of $63.63.

Ventas Price Performance

Shares of Ventas stock traded up $1.38 during trading on Friday, hitting $62.95. 1,476,964 shares of the stock were exchanged, compared to its average volume of 3,029,778. 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 company has a fifty day moving average price of $61.72 and a 200-day moving average price of $53.03. Ventas, Inc. has a 1-year low of $40.98 and a 1-year high of $65.64.

Ventas (NYSE:VTR - Get Free Report) last issued its earnings results on Thursday, August 1st. The real estate investment trust reported $0.05 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.74). Ventas had a negative return on equity of 1.63% and a negative net margin of 3.33%. The business had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.19 billion. During the same quarter in the prior year, the firm posted $0.75 earnings per share. The business's revenue was up 8.6% compared to the same quarter last year. Analysts expect 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 paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.86%. The ex-dividend date is Tuesday, October 1st. Ventas's dividend payout ratio is presently -449.99%.

Ventas 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.