Ventas, Inc. (NYSE:VTR) Shares Sold by Point72 Asset Management L.P.

Point72 Asset Management L.P. lessened its stake in Ventas, Inc. (NYSE:VTR - Free Report) by 15.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 130,405 shares of the real estate investment trust's stock after selling 24,406 shares during the period. Point72 Asset Management L.P.'s holdings in Ventas were worth $8,363,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of VTR. Cetera Investment Advisers raised its stake in shares of Ventas by 480.0% during the 1st quarter. Cetera Investment Advisers now owns 35,325 shares of the real estate investment trust's stock worth $1,538,000 after acquiring an additional 29,235 shares in the last quarter. Cetera Advisors LLC increased its position in shares of Ventas by 47.4% during the first quarter. Cetera Advisors LLC now owns 8,347 shares of the real estate investment trust's stock worth $363,000 after purchasing an additional 2,686 shares in the last quarter. Park Avenue Securities LLC lifted its holdings in shares of Ventas by 4.6% during the 2nd quarter. Park Avenue Securities LLC now owns 11,137 shares of the real estate investment trust's stock valued at $571,000 after purchasing an additional 488 shares during the last quarter. CWM LLC boosted its position in shares of Ventas by 4.9% in the 2nd quarter. CWM LLC now owns 7,821 shares of the real estate investment trust's stock worth $401,000 after purchasing an additional 367 shares in the last quarter. Finally, QRG Capital Management Inc. grew its stake in Ventas by 13.1% during the 2nd quarter. QRG Capital Management Inc. now owns 27,581 shares of the real estate investment trust's stock worth $1,414,000 after buying an additional 3,198 shares during the last quarter. 94.18% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on VTR shares. Wells Fargo & Company upgraded Ventas from an "equal weight" rating to an "overweight" rating and increased their price target for the company from $61.00 to $71.00 in a research note on Tuesday, October 1st. Mizuho cut their price target on shares of Ventas from $71.00 to $68.00 and set an "outperform" rating on the stock in a research note on Thursday. Evercore ISI lifted their price objective on shares of Ventas from $64.00 to $70.00 and gave the stock an "outperform" rating in a research note on Monday, September 16th. StockNews.com raised shares of Ventas from a "sell" rating to a "hold" rating in a report on Friday, November 1st. Finally, Wedbush restated an "outperform" rating and issued a $75.00 target price on shares of Ventas in a research note on Tuesday, December 3rd. Two analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Ventas presently has an average rating of "Moderate Buy" and a consensus target price of $65.63.

Ventas Stock Performance

NYSE:VTR traded down $0.48 during mid-day trading on Friday, hitting $61.65. The company's stock had a trading volume of 2,004,671 shares, compared to its average volume of 2,415,162. The business's fifty day moving average is $63.98 and its two-hundred day moving average is $58.61. The stock has a market cap of $25.86 billion, a price-to-earnings ratio of -362.63, a PEG ratio of 2.86 and a beta of 1.36. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.04 and a quick ratio of 1.04. Ventas, Inc. has a 1 year low of $41.45 and a 1 year high of $67.61.

Ventas Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 17th. Investors of record on Tuesday, October 1st were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 2.92%. The ex-dividend date of this dividend was Tuesday, October 1st. Ventas's dividend payout ratio is currently -1,058.76%.

Insider Transactions at Ventas

In other Ventas news, CEO Debra A. Cafaro sold 121,248 shares of the firm's stock in a transaction that occurred on Tuesday, October 29th. The stock was sold at an average price of $66.17, for a total value of $8,022,980.16. Following the sale, the chief executive officer now directly owns 986,717 shares of the company's stock, valued at approximately $65,291,063.89. This trade represents 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 this hyperlink. Also, CEO Peter J. Bulgarelli sold 6,000 shares of the company's stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $64.99, for a total value of $389,940.00. Following the transaction, the chief executive officer now directly owns 90,795 shares of the company's stock, valued at approximately $5,900,767.05. The trade was a 6.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 133,252 shares of company stock valued at $8,809,845 in the last 90 days. 1.00% of the stock is currently owned by company insiders.

Ventas Company Profile

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.