The Manufacturers Life Insurance Company Buys 10,134 Shares of Ventas, Inc. (NYSE:VTR)

The Manufacturers Life Insurance Company boosted its stake in Ventas, Inc. (NYSE:VTR - Free Report) by 3.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 302,947 shares of the real estate investment trust's stock after purchasing an additional 10,134 shares during the quarter. The Manufacturers Life Insurance Company owned approximately 0.07% of Ventas worth $19,428,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Dimensional Fund Advisors LP boosted its position in shares of 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 acquiring an additional 96,482 shares during the period. Massachusetts Financial Services Co. MA boosted its holdings in Ventas by 105.2% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,420,322 shares of the real estate investment trust's stock valued at $347,605,000 after purchasing an additional 2,778,408 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in Ventas by 5.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 4,904,078 shares of the real estate investment trust's stock valued at $314,499,000 after purchasing an additional 231,352 shares during the period. Canada Pension Plan Investment Board grew its position in shares of Ventas by 0.4% during the 2nd quarter. Canada Pension Plan Investment Board now owns 1,756,752 shares of the real estate investment trust's stock valued at $90,051,000 after purchasing an additional 7,585 shares in the last quarter. Finally, ANTIPODES PARTNERS Ltd bought a new position in shares of Ventas in the second quarter worth $73,517,000. Hedge funds and other institutional investors own 94.18% of the company's stock.

Wall Street Analyst Weigh In

VTR has been the subject of several recent analyst reports. Royal Bank of Canada boosted their target price on Ventas from $52.00 to $63.00 and gave the stock an "outperform" rating in a research report on Friday, August 9th. Wedbush boosted their price objective on Ventas from $64.00 to $71.00 and gave the stock an "outperform" rating in a report on Tuesday, September 10th. Wolfe Research upgraded shares of Ventas to a "strong-buy" rating in a research report on Friday, August 9th. Wells Fargo & Company upgraded shares of Ventas from an "equal weight" rating to an "overweight" rating and lifted their target price for the company from $61.00 to $71.00 in a research report on Tuesday, October 1st. Finally, Scotiabank increased their price target on shares of Ventas from $59.00 to $65.00 and gave the stock a "sector perform" rating in a report on Friday, October 11th. Two equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $63.63.

Ventas Trading Down 0.7 %

Shares of NYSE:VTR traded down $0.47 on Friday, reaching $64.07. 1,870,159 shares of the company traded hands, compared to its average volume of 2,536,853. Ventas, Inc. has a 52 week low of $41.45 and a 52 week high of $67.61. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.39. The business's 50-day simple moving average is $64.17 and its 200 day simple moving average is $58.14. The stock has a market capitalization of $26.88 billion, a P/E ratio of -376.86, a price-to-earnings-growth ratio of 2.96 and a beta of 1.36.

Ventas Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 17th. Shareholders of record on Tuesday, October 1st were paid a $0.45 dividend. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $1.80 dividend on an annualized basis and a yield of 2.81%. Ventas's dividend payout ratio (DPR) is currently -1,058.76%.

Insider Buying and Selling at Ventas

In other Ventas news, CEO Debra A. Cafaro sold 6,004 shares of the business's stock in a transaction dated Friday, October 25th. The shares were 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. The trade was a 0.60 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Peter J. Bulgarelli sold 6,000 shares of the stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $64.99, for a total transaction of $389,940.00. Following the sale, the chief executive officer now owns 90,795 shares of the company's stock, valued at approximately $5,900,767.05. This represents a 6.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 140,079 shares of company stock worth $9,241,311. 1.00% of the stock is currently owned by 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.