Asset Management One Co. Ltd. boosted its stake in Ventas, Inc. (NYSE:VTR - Free Report) by 1.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 752,172 shares of the real estate investment trust's stock after buying an additional 7,932 shares during the quarter. Asset Management One Co. Ltd. owned approximately 0.18% of Ventas worth $48,237,000 as of its most recent SEC filing.
Several other large investors have also bought and sold shares of VTR. Signaturefd LLC raised its position in shares of Ventas by 2.1% in the third quarter. Signaturefd LLC now owns 8,120 shares of the real estate investment trust's stock valued at $521,000 after purchasing an additional 165 shares during the period. Profund Advisors LLC raised its position in shares of Ventas by 3.3% during the 2nd quarter. Profund Advisors LLC now owns 6,270 shares of the real estate investment trust's stock valued at $321,000 after buying an additional 199 shares in the last quarter. Bleakley Financial Group LLC boosted its holdings in shares of Ventas by 3.7% in the 3rd quarter. Bleakley Financial Group LLC now owns 5,639 shares of the real estate investment trust's stock worth $362,000 after purchasing an additional 203 shares in the last quarter. V Square Quantitative Management LLC boosted its stake in Ventas by 3.9% in the third quarter. V Square Quantitative Management LLC now owns 5,832 shares of the real estate investment trust's stock worth $374,000 after buying an additional 217 shares in the last quarter. Finally, Roman Butler Fullerton & Co. boosted its stake in shares of Ventas by 4.5% in the 3rd quarter. Roman Butler Fullerton & Co. now owns 5,434 shares of the real estate investment trust's stock valued at $349,000 after purchasing an additional 232 shares in the last quarter. 94.18% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
A number of equities analysts have commented on the company. Wells Fargo & Company raised Ventas from an "equal weight" rating to an "overweight" rating and lifted their price target for the stock from $61.00 to $71.00 in a research note on Tuesday, October 1st. Wolfe Research raised Ventas to a "strong-buy" rating in a research note 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 note on Monday, September 16th. Wedbush lifted their price target on Ventas from $64.00 to $71.00 and gave the stock an "outperform" rating in a research report on Tuesday, September 10th. Finally, Royal Bank of Canada increased their target price on Ventas from $52.00 to $63.00 and gave the company an "outperform" rating in a research note on Friday, August 9th. Two analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Ventas has an average rating of "Moderate Buy" and a consensus price target of $63.63.
Get Our Latest Stock Analysis on Ventas
Insiders Place Their Bets
In other news, CEO Debra A. Cafaro sold 40,079 shares of the firm'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 completion of the transaction, the chief executive officer now owns 986,717 shares in the company, valued at $56,529,016.93. This trade represents 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 business's 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 owns 986,717 shares in the company, 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 document filed with the SEC, which is accessible through this hyperlink. Also, CFO Robert F. Probst sold 20,000 shares of the stock in a transaction on Thursday, August 8th. The shares were sold at an average price of $58.87, for a total transaction of $1,177,400.00. Following the transaction, the chief financial officer now owns 156,403 shares of the company's stock, valued at $9,207,444.61. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 200,533 shares of company stock worth $12,737,341 in the last 90 days. 1.00% of the stock is currently owned by corporate insiders.
Ventas Price Performance
Ventas stock traded up $0.16 during mid-day trading on Monday, hitting $64.35. The stock had a trading volume of 2,393,242 shares, compared to its average volume of 2,393,580. The company has a current ratio of 1.04, a quick ratio of 0.58 and a debt-to-equity ratio of 1.39. Ventas, Inc. has a one year low of $41.45 and a one year high of $67.61. The firm's 50 day moving average is $63.79 and its 200 day moving average is $55.66. The firm has a market capitalization of $26.59 billion, a P/E ratio of -378.53, a P/E/G ratio of 2.91 and a beta of 1.36.
Ventas (NYSE:VTR - Get Free Report) last posted its quarterly 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). Ventas had a negative return on equity of 0.69% and a negative net margin of 1.38%. The business had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.19 billion. During the same quarter in the previous year, the company earned $0.75 earnings per share. The company's revenue for the quarter was up 8.6% compared to the same quarter last year. On average, sell-side analysts forecast that Ventas, Inc. will post 3.16 earnings per share for the current fiscal year.
Ventas Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, October 17th. Investors of record on Tuesday, October 1st were paid a dividend of $0.45 per share. The ex-dividend date was Tuesday, October 1st. This represents a $1.80 annualized dividend and a yield of 2.80%. Ventas's payout ratio is -1,058.82%.
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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