Point72 DIFC Ltd Makes New Investment in Ventas, Inc. (NYSE:VTR)

Point72 DIFC Ltd acquired a new stake in Ventas, Inc. (NYSE:VTR - Free Report) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 36,022 shares of the real estate investment trust's stock, valued at approximately $2,310,000.

A number of other hedge funds have also modified their holdings of VTR. Signaturefd LLC boosted its stake 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 worth $521,000 after buying an additional 165 shares during the last quarter. Profund Advisors LLC boosted its stake in shares of Ventas by 3.3% in the second quarter. Profund Advisors LLC now owns 6,270 shares of the real estate investment trust's stock worth $321,000 after buying an additional 199 shares during the last quarter. Bleakley Financial Group LLC boosted its stake in shares of Ventas by 3.7% in the third quarter. Bleakley Financial Group LLC now owns 5,639 shares of the real estate investment trust's stock worth $362,000 after buying an additional 203 shares during the last quarter. V Square Quantitative Management LLC boosted its stake in shares of 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 during the last quarter. Finally, Roman Butler Fullerton & Co. boosted its stake in shares of Ventas by 4.5% in the third quarter. Roman Butler Fullerton & Co. now owns 5,434 shares of the real estate investment trust's stock worth $349,000 after buying an additional 232 shares during the last quarter. 94.18% of the stock is owned by institutional investors and hedge funds.

Ventas Price Performance

Shares of Ventas stock traded up $0.02 during mid-day trading on Thursday, reaching $62.15. 2,094,937 shares of the stock traded hands, compared to its average volume of 2,410,913. The business has a 50-day moving average of $64.02 and a 200 day moving average of $58.38. Ventas, Inc. has a fifty-two week low of $41.45 and a fifty-two week high of $67.61. The stock has a market capitalization of $26.07 billion, a PE ratio of -365.57, a PEG ratio of 2.90 and a beta of 1.36. 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 Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 17th. Shareholders of record on Tuesday, October 1st were issued a dividend of $0.45 per share. The ex-dividend date was Tuesday, October 1st. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.90%. Ventas's payout ratio is currently -1,058.76%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on VTR shares. Wolfe Research upgraded Ventas to a "strong-buy" rating in a research report on Friday, August 9th. Evercore ISI increased their price target on Ventas from $64.00 to $70.00 and gave the stock an "outperform" rating in a research report on Monday, September 16th. Wedbush reiterated an "outperform" rating and set a $75.00 price target on shares of Ventas in a research report on Tuesday. Scotiabank increased their price target on Ventas from $59.00 to $65.00 and gave the stock a "sector perform" rating in a research report on Friday, October 11th. Finally, Mizuho lowered their price target on Ventas from $71.00 to $68.00 and set an "outperform" rating on the stock in a research report on Thursday. 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. Based on data from MarketBeat.com, Ventas currently has an average rating of "Moderate Buy" and a consensus price target of $65.63.

Insider Buying and Selling at Ventas

In related news, CEO Peter J. Bulgarelli sold 6,000 shares of the 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 completion of the sale, the chief executive officer now owns 90,795 shares of the company's stock, valued at approximately $5,900,767.05. This trade represents a 6.20 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Debra A. Cafaro sold 121,248 shares of the stock in a transaction that occurred on Tuesday, October 29th. The shares were sold at an average price of $66.17, for a total value of $8,022,980.16. Following the completion of 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 represents a 10.94 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 133,252 shares of company stock valued at $8,809,845 over the last quarter. 1.00% of the stock is currently owned by insiders.

About Ventas

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.