USA Financial Formulas Takes Position in Ventas, Inc. (NYSE:VTR)

USA Financial Formulas purchased a new stake in shares of Ventas, Inc. (NYSE:VTR - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 20,076 shares of the real estate investment trust's stock, valued at approximately $1,182,000.

Other large investors have also added to or reduced their stakes in the company. Acadian Asset Management LLC purchased a new position in Ventas in the 2nd quarter valued at about $549,000. Federated Hermes Inc. boosted its holdings in Ventas by 109.5% in the second quarter. Federated Hermes Inc. now owns 7,678 shares of the real estate investment trust's stock valued at $394,000 after purchasing an additional 4,013 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in Ventas by 8.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 405,985 shares of the real estate investment trust's stock valued at $20,811,000 after purchasing an additional 31,616 shares in the last quarter. J.W. Cole Advisors Inc. purchased a new stake in Ventas during the 2nd quarter worth approximately $210,000. Finally, Massachusetts Financial Services Co. MA purchased a new stake in Ventas during the 2nd quarter worth approximately $135,425,000. 94.18% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Ventas

In related news, CEO Debra A. Cafaro sold 6,004 shares of the 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 completion of the transaction, the chief executive officer now owns 986,717 shares in the company, valued at $65,231,860.87. This represents a 0.60 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 1.00% of the stock is currently owned by insiders.

Ventas Stock Performance

VTR stock traded up $0.02 during midday trading on Thursday, reaching $58.07. The company had a trading volume of 1,002,103 shares, compared to its average volume of 2,398,556. The firm has a market capitalization of $24.36 billion, a PE ratio of -341.39, a P/E/G ratio of 2.48 and a beta of 1.37. Ventas, Inc. has a fifty-two week low of $41.45 and a fifty-two week high of $67.61. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.39. The stock has a 50 day moving average price of $61.10 and a 200 day moving average price of $60.39.

Ventas Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 16th. Shareholders of record on Tuesday, December 31st will be paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 3.10%. The ex-dividend date of this dividend is Tuesday, December 31st. Ventas's payout ratio is -1,058.76%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. Scotiabank increased their target price on Ventas from $59.00 to $65.00 and gave the company a "sector perform" rating in a research note on Friday, October 11th. Mizuho reduced their price objective on shares of Ventas from $71.00 to $68.00 and set an "outperform" rating on the stock in a research note on Thursday, December 5th. Robert W. Baird boosted their target price on shares of Ventas from $65.00 to $66.00 and gave the stock a "neutral" rating in a research report on Friday, December 20th. StockNews.com cut shares of Ventas from a "hold" rating to a "sell" rating in a research report on Thursday, January 9th. Finally, Wedbush reissued an "outperform" rating and issued a $75.00 price objective on shares of Ventas in a report on Thursday, December 19th. One analyst has rated the stock with a sell rating, two have issued a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $65.67.

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.