Public Sector Pension Investment Board Grows Holdings in Ventas, Inc. (NYSE:VTR)

Public Sector Pension Investment Board lifted its holdings in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 27.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 71,615 shares of the real estate investment trust's stock after buying an additional 15,290 shares during the period. Public Sector Pension Investment Board's holdings in Ventas were worth $4,593,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the business. Janus Henderson Group PLC lifted its position in shares of Ventas by 14.1% during the 1st quarter. Janus Henderson Group PLC now owns 92,117 shares of the real estate investment trust's stock valued at $4,009,000 after acquiring an additional 11,406 shares during the period. B. Riley Wealth Advisors Inc. raised its stake in shares of Ventas by 40.5% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 8,810 shares of the real estate investment trust's stock worth $375,000 after buying an additional 2,539 shares during the last quarter. Tidal Investments LLC boosted its position in shares of Ventas by 359.9% in the 1st quarter. Tidal Investments LLC now owns 33,355 shares of the real estate investment trust's stock worth $1,452,000 after buying an additional 26,102 shares in the last quarter. Cetera Investment Advisers grew its stake in Ventas by 480.0% in the 1st quarter. Cetera Investment Advisers now owns 35,325 shares of the real estate investment trust's stock valued at $1,538,000 after acquiring an additional 29,235 shares during the last quarter. Finally, Cetera Advisors LLC increased its holdings in Ventas by 47.4% during the 1st quarter. Cetera Advisors LLC now owns 8,347 shares of the real estate investment trust's stock valued at $363,000 after acquiring an additional 2,686 shares in the last quarter. 94.18% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Ventas news, CEO Debra A. Cafaro sold 121,248 shares of the company'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 completion of the transaction, the chief executive officer now owns 986,717 shares in the company, valued at $65,291,063.89. This represents a 10.94 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Peter J. Bulgarelli sold 6,000 shares of Ventas stock in a transaction that occurred on Tuesday, September 10th. The shares were 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 in the company, valued at $5,900,767.05. This represents a 6.20 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 140,079 shares of company stock worth $9,241,311 over the last ninety days. 1.00% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms have recently commented on VTR. Wedbush increased their price target on shares of Ventas from $64.00 to $71.00 and gave the company an "outperform" rating in a research report on Tuesday, September 10th. StockNews.com raised Ventas from a "sell" rating to a "hold" rating in a research report on Friday, November 1st. Wolfe Research upgraded Ventas to a "strong-buy" rating in a research report on Friday, August 9th. Royal Bank of Canada lifted their price objective on Ventas from $52.00 to $63.00 and gave the stock an "outperform" rating in a research report on Friday, August 9th. Finally, Scotiabank upped their target price on shares of Ventas from $59.00 to $65.00 and gave the company a "sector perform" rating in a report on Friday, October 11th. 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's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $63.63.

Ventas Trading Down 2.9 %

Shares of VTR traded down $1.84 during mid-day trading on Monday, reaching $62.23. The company had a trading volume of 2,987,680 shares, compared to its average volume of 2,414,123. The stock has a market cap of $26.11 billion, a price-to-earnings ratio of -366.06, a price-to-earnings-growth ratio of 2.96 and a beta of 1.36. 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 firm has a fifty day simple moving average of $64.17 and a 200-day simple moving average of $58.14. Ventas, Inc. has a fifty-two week low of $41.45 and a fifty-two week high of $67.61.

Ventas Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 17th. Shareholders of record on Tuesday, October 1st were given a dividend of $0.45 per share. 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 2.89%. Ventas's dividend payout ratio (DPR) is -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.