Free Trial

one8zero8 LLC Acquires Shares of 47,543 Ventas, Inc. (NYSE:VTR)

Ventas logo with Finance background
Remove Ads

one8zero8 LLC purchased a new stake in Ventas, Inc. (NYSE:VTR - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 47,543 shares of the real estate investment trust's stock, valued at approximately $2,800,000.

Several other hedge funds and other institutional investors also recently modified their holdings of VTR. Janney Montgomery Scott LLC increased its stake in shares of Ventas by 2.2% in the 3rd quarter. Janney Montgomery Scott LLC now owns 15,006 shares of the real estate investment trust's stock valued at $962,000 after purchasing an additional 326 shares during the last quarter. Victory Capital Management Inc. grew its position in Ventas by 2.8% during the 3rd quarter. Victory Capital Management Inc. now owns 127,422 shares of the real estate investment trust's stock worth $8,172,000 after acquiring an additional 3,468 shares during the last quarter. Kovack Advisors Inc. bought a new stake in Ventas during the 3rd quarter worth $207,000. Huntington National Bank grew its position in Ventas by 38.6% during the 3rd quarter. Huntington National Bank now owns 1,563 shares of the real estate investment trust's stock worth $100,000 after acquiring an additional 435 shares during the last quarter. Finally, Tokio Marine Asset Management Co. Ltd. grew its position in Ventas by 12.0% during the 3rd quarter. Tokio Marine Asset Management Co. Ltd. now owns 12,881 shares of the real estate investment trust's stock worth $826,000 after acquiring an additional 1,381 shares during the last quarter. Institutional investors own 94.18% of the company's stock.

Insider Buying and Selling

In other news, CAO Gregory R. Liebbe sold 3,866 shares of the stock in a transaction that occurred on Thursday, February 13th. The stock was sold at an average price of $63.00, for a total value of $243,558.00. Following the completion of the sale, the chief accounting officer now directly owns 11,371 shares of the company's stock, valued at $716,373. This represents a 25.37 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Debra A. Cafaro sold 388 shares of the company's stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $71.00, for a total value of $27,548.00. Following the completion of the transaction, the chief executive officer now directly owns 1,128,143 shares of the company's stock, valued at approximately $80,098,153. This represents a 0.03 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 260,227 shares of company stock valued at $17,769,097. 1.00% of the stock is owned by company insiders.

Remove Ads

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Baird R W upgraded Ventas from a "hold" rating to a "strong-buy" rating in a research report on Friday, January 17th. Wedbush boosted their price objective on Ventas from $69.00 to $78.00 and gave the stock an "outperform" rating in a research report on Friday, February 14th. JPMorgan Chase & Co. boosted their price objective on Ventas from $71.00 to $73.00 and gave the stock a "neutral" rating in a research report on Friday, March 7th. Wells Fargo & Company upped their price target on Ventas from $72.00 to $77.00 and gave the company an "overweight" rating in a research report on Monday, March 10th. Finally, Robert W. Baird upgraded Ventas from a "neutral" rating to an "outperform" rating and reduced their price target for the company from $66.00 to $65.00 in a research report on Friday, January 17th. Four equities research analysts have rated the stock with a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, Ventas currently has a consensus rating of "Moderate Buy" and a consensus target price of $72.90.

Get Our Latest Research Report on VTR

Ventas Trading Up 0.1 %

Shares of NYSE:VTR traded up $0.09 during midday trading on Thursday, reaching $67.67. The company's stock had a trading volume of 3,965,291 shares, compared to its average volume of 2,388,539. The firm has a market capitalization of $29.58 billion, a price-to-earnings ratio of 356.15, a PEG ratio of 2.59 and a beta of 1.37. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.85 and a current ratio of 0.85. The firm has a 50 day moving average price of $63.62 and a two-hundred day moving average price of $63.03. Ventas, Inc. has a fifty-two week low of $41.45 and a fifty-two week high of $71.04.

Ventas (NYSE:VTR - Get Free Report) last announced its quarterly earnings data on Wednesday, February 12th. The real estate investment trust reported $0.81 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.02) by $0.83. Ventas had a return on equity of 0.82% and a net margin of 1.65%. As a group, analysts forecast that Ventas, Inc. will post 3.4 earnings per share for the current year.

Ventas Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Monday, March 31st will be paid a dividend of $0.48 per share. This is an increase from Ventas's previous quarterly dividend of $0.45. This represents a $1.92 dividend on an annualized basis and a yield of 2.84%. The ex-dividend date is Monday, March 31st. Ventas's dividend payout ratio is 1,010.53%.

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.

Further Reading

Institutional Ownership by Quarter for Ventas (NYSE:VTR)

Should You Invest $1,000 in Ventas Right Now?

Before you consider Ventas, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ventas wasn't on the list.

While Ventas currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

A Beginner's Guide to Investing in Cannabis Cover

Unlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Recent Videos

Why Palantir’s Future Just Got a Massive Boost
Quantum Stocks Are Heating Up Again — 7 to Watch Now
Stock Market on Sale – Buy Now Before the Next Big Surge

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads