TCW Group Inc. Trims Position in Ventas, Inc. (NYSE:VTR)

TCW Group Inc. decreased its position in Ventas, Inc. (NYSE:VTR - Free Report) by 18.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 83,372 shares of the real estate investment trust's stock after selling 19,234 shares during the period. TCW Group Inc.'s holdings in Ventas were worth $5,347,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. State Street Corp lifted its stake in Ventas by 2.2% during the 3rd quarter. State Street Corp now owns 26,671,227 shares of the real estate investment trust's stock valued at $1,710,426,000 after acquiring an additional 581,870 shares during the period. FMR LLC raised its holdings in shares of Ventas by 4.4% during the third quarter. FMR LLC now owns 23,364,810 shares of the real estate investment trust's stock worth $1,498,385,000 after purchasing an additional 982,795 shares during the last quarter. Geode Capital Management LLC lifted its position in Ventas by 2.4% during the third quarter. Geode Capital Management LLC now owns 10,411,293 shares of the real estate investment trust's stock valued at $665,559,000 after purchasing an additional 245,922 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Ventas by 1.7% in the second quarter. Dimensional Fund Advisors LP now owns 5,931,538 shares of the real estate investment trust's stock valued at $304,047,000 after purchasing an additional 96,482 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA grew its position in Ventas by 105.2% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,420,322 shares of the real estate investment trust's stock worth $347,605,000 after purchasing an additional 2,778,408 shares during the period. Institutional investors and hedge funds own 94.18% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Wells Fargo & Company raised Ventas from an "equal weight" rating to an "overweight" rating and boosted their price objective for the company from $61.00 to $71.00 in a report on Tuesday, October 1st. Mizuho decreased their price target on Ventas from $71.00 to $68.00 and set an "outperform" rating for the company in a report on Thursday, December 5th. Scotiabank raised their price objective on shares of Ventas from $59.00 to $65.00 and gave the stock a "sector perform" rating in a research note on Friday, October 11th. StockNews.com upgraded shares of Ventas from a "sell" rating to a "hold" rating in a research note on Friday, November 1st. Finally, Evercore ISI increased their price target on shares of Ventas from $64.00 to $70.00 and gave the stock an "outperform" rating in a report on Monday, September 16th. Two analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $65.63.

Insider Activity at Ventas

In other Ventas news, CEO Debra A. Cafaro sold 6,004 shares of the firm's stock in a transaction on Friday, October 25th. The stock was sold at an average price of $66.11, for a total value of $396,924.44. Following the transaction, the chief executive officer now owns 986,717 shares in the company, valued at approximately $65,231,860.87. This trade represents a 0.60 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 1.00% of the stock is currently owned by corporate insiders.

Ventas Price Performance

NYSE VTR traded down $0.68 on Thursday, hitting $60.04. The company had a trading volume of 1,699,571 shares, compared to its average volume of 2,406,490. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.04 and a quick ratio of 1.04. The company has a market capitalization of $25.19 billion, a PE ratio of -357.18, a PEG ratio of 2.86 and a beta of 1.36. Ventas, Inc. has a 12-month low of $41.45 and a 12-month high of $67.61. The company's fifty day moving average price is $63.81 and its 200-day moving average price is $58.82.

Ventas Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 16th. Investors of record on Tuesday, December 31st will be given a dividend of $0.45 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $1.80 annualized dividend and a dividend yield of 3.00%. Ventas's dividend payout ratio (DPR) is presently -1,058.82%.

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.