Cantor Fitzgerald Investment Advisors L.P. reduced its position in Ventas, Inc. (NYSE:VTR - Free Report) by 22.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 252,151 shares of the real estate investment trust's stock after selling 73,133 shares during the period. Cantor Fitzgerald Investment Advisors L.P. owned about 0.06% of Ventas worth $16,170,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also recently added to or reduced their stakes in the company. First Community Trust NA acquired a new position in Ventas during the second quarter worth $25,000. ORG Partners LLC acquired a new position in shares of Ventas during the 2nd quarter worth about $27,000. EdgeRock Capital LLC purchased a new position in Ventas in the 2nd quarter valued at about $41,000. Global X Japan Co. Ltd. acquired a new stake in Ventas in the 3rd quarter worth about $48,000. Finally, Friedenthal Financial purchased a new stake in Ventas during the 2nd quarter worth approximately $51,000. 94.18% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling at Ventas
In related news, CEO Peter J. Bulgarelli sold 3,784 shares of the 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 owns 104,295 shares of the company's stock, valued at approximately $5,761,255.80. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Ventas news, CEO Debra A. Cafaro sold 6,004 shares of the business's stock in a transaction on Friday, October 25th. The shares were sold at an average price of $66.11, for a total value of $396,924.44. Following the completion of the transaction, the chief executive officer now owns 986,717 shares in the company, valued at $65,231,860.87. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Peter J. Bulgarelli sold 3,784 shares of the stock in a transaction on 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 approximately $5,761,255.80. The trade was 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 83,069 shares of company stock valued at $4,923,389 over the last quarter. 1.00% of the stock is owned by company insiders.
Ventas Trading Up 2.0 %
Ventas stock traded up $1.31 during mid-day trading on Tuesday, hitting $66.05. The company's stock had a trading volume of 2,591,152 shares, compared to its average volume of 2,379,214. The stock's fifty day moving average is $63.33 and its two-hundred day moving average is $55.02. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 1.36. The firm has a market capitalization of $27.29 billion, a PE ratio of -165.12, a price-to-earnings-growth ratio of 2.87 and a beta of 1.36. Ventas, Inc. has a 1 year low of $40.98 and a 1 year high of $66.34.
Ventas (NYSE:VTR - Get Free Report) last issued its quarterly earnings data on Thursday, August 1st. The real estate investment trust reported $0.05 earnings per share (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 analyst estimates of $1.19 billion. Ventas had a negative return on equity of 1.63% and a negative net margin of 3.33%. The firm's revenue for the quarter was up 8.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.75 earnings per share. On average, analysts anticipate that Ventas, Inc. will post 3.18 EPS for the current year.
Ventas Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, October 17th. Shareholders of record on Tuesday, October 1st were given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 2.73%. The ex-dividend date of this dividend was Tuesday, October 1st. Ventas's payout ratio is -449.99%.
Wall Street Analyst Weigh In
Several equities analysts have recently weighed in on the company. Scotiabank raised 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. Wolfe Research upgraded Ventas to a "strong-buy" rating in a report on Friday, August 9th. Evercore ISI upped their target price on shares of Ventas from $64.00 to $70.00 and gave the stock an "outperform" rating in a report on Monday, September 16th. 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 note on Tuesday, October 1st. Finally, Wedbush boosted their price target on shares of Ventas from $64.00 to $71.00 and gave the stock an "outperform" rating in a research report on Tuesday, September 10th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $63.63.
Get Our Latest Analysis on Ventas
Ventas Company 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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