OLD National Bancorp IN Buys 10,163 Shares of Ventas, Inc. (NYSE:VTR)

OLD National Bancorp IN raised its stake in Ventas, Inc. (NYSE:VTR - Free Report) by 5.3% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 200,684 shares of the real estate investment trust's stock after purchasing an additional 10,163 shares during the quarter. OLD National Bancorp IN's holdings in Ventas were worth $12,870,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Wellington Management Group LLP raised its holdings in shares of Ventas by 405.5% in the 4th quarter. Wellington Management Group LLP now owns 171,194 shares of the real estate investment trust's stock valued at $8,532,000 after purchasing an additional 137,327 shares during the period. GSA Capital Partners LLP acquired a new stake in shares of Ventas in the first quarter valued at approximately $1,005,000. Centersquare Investment Management LLC boosted its stake in shares of Ventas by 11.5% during 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 acquiring an additional 802,546 shares during the period. Intech Investment Management LLC acquired a new position in shares of Ventas during the 1st quarter worth approximately $819,000. Finally, Zurich Insurance Group Ltd FI bought a new stake in Ventas in the 1st quarter valued at $11,749,000. Institutional investors and hedge funds own 94.18% of the company's stock.

Ventas Stock Performance

Shares of VTR traded up $1.20 during mid-day trading on Friday, hitting $65.55. 1,531,413 shares of the company's stock were exchanged, compared to its average volume of 2,730,710. 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, Inc. has a 52 week low of $40.98 and a 52 week high of $65.64. The stock's 50-day simple moving average is $62.40 and its 200-day simple moving average is $53.92. The firm has a market cap of $27.08 billion, a price-to-earnings ratio of -163.87, a price-to-earnings-growth ratio of 2.90 and a beta of 1.36.

Ventas (NYSE:VTR - Get Free Report) last posted its quarterly earnings data 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 company had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.19 billion. Ventas had a negative return on equity of 1.63% and a negative net margin of 3.33%. Ventas's revenue was up 8.6% on a year-over-year basis. During the same quarter last year, the business earned $0.75 EPS. On average, equities research analysts expect that Ventas, Inc. will post 3.18 EPS for the current year.

Ventas Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 17th. Shareholders of record on Tuesday, October 1st were paid a dividend of $0.45 per share. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $1.80 dividend on an annualized basis and a yield of 2.75%. Ventas's payout ratio is -449.99%.

Insider Buying and Selling at Ventas

In other news, CEO Peter J. Bulgarelli sold 6,000 shares of the company'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 completion of the sale, the chief executive officer now owns 90,795 shares of the company's stock, valued at approximately $5,900,767.05. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other Ventas news, CEO Peter J. Bulgarelli sold 6,000 shares of the business's stock in a transaction dated 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 owns 90,795 shares of the company's stock, valued at approximately $5,900,767.05. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Peter J. Bulgarelli sold 3,784 shares of the company's stock in a transaction that occurred on 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 owns 104,295 shares of the company's stock, 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. Insiders have sold a total of 77,065 shares of company stock valued at $4,526,464 in the last ninety days. 1.00% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

VTR has been the subject of a number of research analyst reports. StockNews.com raised shares of Ventas from a "sell" rating to a "hold" rating in a research report on Wednesday, July 10th. Evercore ISI upped their price target on shares of Ventas from $64.00 to $70.00 and gave the company an "outperform" rating in a research note on Monday, September 16th. Royal Bank of Canada increased their price target on shares of Ventas from $52.00 to $63.00 and gave the company an "outperform" rating in a report on Friday, August 9th. Wells Fargo & Company upgraded Ventas from an "equal weight" rating to an "overweight" rating and boosted their price objective for the stock from $61.00 to $71.00 in a report on Tuesday, October 1st. Finally, Scotiabank upped their target price on Ventas from $59.00 to $65.00 and gave the company a "sector perform" rating in a research report on Friday, October 11th. Two investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $63.63.

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.