State of Alaska Department of Revenue Has $16.13 Million Holdings in Ventas, Inc. (NYSE:VTR)

State of Alaska Department of Revenue reduced its position in Ventas, Inc. (NYSE:VTR - Free Report) by 4.0% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 251,547 shares of the real estate investment trust's stock after selling 10,589 shares during the period. State of Alaska Department of Revenue owned 0.06% of Ventas worth $16,130,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in VTR. First Community Trust NA acquired a new stake in shares of Ventas in the 2nd quarter valued at $25,000. ORG Partners LLC acquired a new stake in shares of Ventas in the 2nd quarter valued at $27,000. EdgeRock Capital LLC acquired a new stake in shares of Ventas in the 2nd quarter valued at $41,000. Global X Japan Co. Ltd. acquired a new stake in shares of Ventas in the 3rd quarter valued at $48,000. Finally, Friedenthal Financial acquired a new stake in shares of Ventas in the 2nd quarter valued at $51,000. 94.18% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO Debra A. Cafaro sold 40,079 shares of the business's stock in a transaction dated Tuesday, August 6th. The stock was 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 $56,529,016.93. 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 available at the SEC website. In related news, CEO Debra A. Cafaro sold 40,079 shares of the company's stock in a transaction dated Tuesday, August 6th. The stock was 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 owns 986,717 shares in the company, valued at approximately $56,529,016.93. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Peter J. Bulgarelli sold 6,000 shares of the company's stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $64.99, for a total value of $389,940.00. Following the sale, the chief executive officer now owns 90,795 shares in the company, valued at $5,900,767.05. 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 three months. Corporate insiders own 1.00% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on VTR. Wolfe Research raised Ventas to a "strong-buy" rating in a research note on Friday, August 9th. StockNews.com cut Ventas from a "hold" rating to a "sell" rating in a research note on Monday, October 21st. Wedbush lifted their price objective on Ventas from $64.00 to $71.00 and gave the stock an "outperform" rating in a research note on Tuesday, September 10th. Royal Bank of Canada lifted their price objective on Ventas from $52.00 to $63.00 and gave the stock an "outperform" rating in a research note on Friday, August 9th. Finally, Evercore ISI lifted their price objective on Ventas from $64.00 to $70.00 and gave the stock an "outperform" rating in a research note on Monday, September 16th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, seven have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, Ventas has an average rating of "Moderate Buy" and a consensus target price of $63.63.

Ventas Trading Down 1.5 %

VTR stock traded down $0.99 during midday trading on Friday, hitting $64.97. 1,648,485 shares of the company's stock were exchanged, compared to its average volume of 2,379,596. The stock's fifty day moving average price is $63.06 and its 200-day moving average price is $54.70. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.58 and a current ratio of 0.58. The company has a market cap of $26.30 billion, a PE ratio of -341.95, a price-to-earnings-growth ratio of 2.87 and a beta of 1.36. Ventas, Inc. has a one year low of $40.98 and a one year high of $66.22.

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

Ventas Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 17th. Stockholders of record on Tuesday, October 1st were issued a $0.45 dividend. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.77%. Ventas's dividend payout ratio (DPR) is -947.37%.

About Ventas

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.