Pensionfund DSM Netherlands lessened its stake in Ventas, Inc. (NYSE:VTR - Free Report) by 20.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 67,679 shares of the real estate investment trust's stock after selling 17,000 shares during the quarter. Ventas makes up 2.5% of Pensionfund DSM Netherlands' holdings, making the stock its 12th biggest position. Pensionfund DSM Netherlands' holdings in Ventas were worth $3,986,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also added to or reduced their stakes in the company. Global X Japan Co. Ltd. acquired a new position in shares of Ventas during the 3rd quarter worth approximately $48,000. Morse Asset Management Inc acquired a new stake in Ventas during the 3rd quarter worth approximately $64,000. Hanseatic Management Services Inc. bought a new stake in Ventas in the 3rd quarter valued at $74,000. Tobam acquired a new position in Ventas in the 3rd quarter valued at $79,000. Finally, Brooklyn Investment Group bought a new position in Ventas during the 3rd quarter worth $80,000. 94.18% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of research firms recently commented on VTR. StockNews.com raised shares of Ventas from a "sell" rating to a "hold" rating in a research report on Saturday, December 21st. Wedbush reaffirmed an "outperform" rating and set a $75.00 target price on shares of Ventas in a report on Thursday, December 19th. Scotiabank boosted their price target on Ventas from $59.00 to $65.00 and gave the company a "sector perform" rating in a research note on Friday, October 11th. Wells Fargo & Company upgraded Ventas from an "equal weight" rating to an "overweight" rating and raised their price objective for the stock from $61.00 to $71.00 in a research note on Tuesday, October 1st. Finally, Robert W. Baird upped their target price on Ventas from $65.00 to $66.00 and gave the company a "neutral" rating in a research report on Friday, December 20th. Three research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Ventas currently has an average rating of "Moderate Buy" and a consensus price target of $65.67.
Read Our Latest Research Report on VTR
Insider Transactions at Ventas
In other news, CEO Debra A. Cafaro sold 121,248 shares of Ventas stock in a transaction on Tuesday, October 29th. The shares were sold at an average price of $66.17, for a total transaction of $8,022,980.16. Following the transaction, the chief executive officer now owns 986,717 shares in the company, valued at approximately $65,291,063.89. The trade was a 10.94 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.00% of the company's stock.
Ventas Price Performance
Shares of NYSE VTR traded down $1.42 during midday trading on Monday, reaching $56.89. 2,318,506 shares of the company were exchanged, compared to its average volume of 2,731,002. The stock's 50-day moving average price is $62.14 and its 200-day moving average price is $60.03. The stock has a market cap of $23.87 billion, a P/E ratio of -334.63, a PEG ratio of 2.78 and a beta of 1.37. The company has a quick ratio of 1.04, a current ratio of 1.04 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.
Ventas Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, January 16th. Stockholders of record on Tuesday, December 31st will be paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 3.16%. The ex-dividend date is Tuesday, December 31st. Ventas's payout ratio is -1,058.82%.
About Ventas
(
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.
Featured Stories
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 "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
