Wellington Management Group LLP increased its stake in Ventas, Inc. (NYSE:VTR - Free Report) by 73.4% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 57,477 shares of the real estate investment trust's stock after acquiring an additional 24,333 shares during the period. Wellington Management Group LLP's holdings in Ventas were worth $3,686,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of VTR. Signaturefd LLC grew its holdings in shares of Ventas by 2.1% during the 3rd quarter. Signaturefd LLC now owns 8,120 shares of the real estate investment trust's stock worth $521,000 after purchasing an additional 165 shares during the period. Profund Advisors LLC lifted its position in Ventas by 3.3% during the second quarter. Profund Advisors LLC now owns 6,270 shares of the real estate investment trust's stock valued at $321,000 after buying an additional 199 shares in the last quarter. Bleakley Financial Group LLC lifted its position in Ventas by 3.7% during the third quarter. Bleakley Financial Group LLC now owns 5,639 shares of the real estate investment trust's stock valued at $362,000 after buying an additional 203 shares in the last quarter. V Square Quantitative Management LLC grew its stake in Ventas by 3.9% during 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 period. Finally, Roman Butler Fullerton & Co. increased its position 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 acquiring an additional 232 shares in the last quarter. 94.18% of the stock is currently owned by hedge funds and other institutional investors.
Ventas Stock Down 2.5 %
Shares of Ventas stock traded down $1.52 on Wednesday, hitting $58.70. 2,688,872 shares of the company's stock traded hands, compared to its average volume of 2,422,236. Ventas, Inc. has a 52-week low of $41.45 and a 52-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 market cap of $24.63 billion, a P/E ratio of -345.27, a PEG ratio of 2.78 and a beta of 1.36. The firm's 50-day moving average is $63.52 and its 200 day moving average is $59.22.
Ventas Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 16th. Shareholders of record on Tuesday, December 31st will be paid a dividend of $0.45 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $1.80 dividend on an annualized basis and a yield of 3.07%. Ventas's dividend payout ratio (DPR) is -1,058.82%.
Insider Transactions at Ventas
In related news, CEO Debra A. Cafaro sold 121,248 shares of the firm's stock in a transaction on Tuesday, October 29th. The stock was sold at an average price of $66.17, for a total transaction of $8,022,980.16. Following the transaction, the chief executive officer now directly owns 986,717 shares in the company, valued at $65,291,063.89. This trade represents a 10.94 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 1.00% of the company's stock.
Wall Street Analyst Weigh In
Several equities analysts recently weighed in on VTR shares. Wedbush restated an "outperform" rating and set a $75.00 target price on shares of Ventas in a report on Tuesday, December 3rd. Mizuho reduced their price objective on Ventas from $71.00 to $68.00 and set an "outperform" rating on the stock in a research note on Thursday, December 5th. Wells Fargo & Company upgraded Ventas from an "equal weight" rating to an "overweight" rating and increased their target price for the company from $61.00 to $71.00 in a research note on Tuesday, October 1st. Evercore ISI boosted 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. Finally, Scotiabank upped their price target on Ventas from $59.00 to $65.00 and gave the stock a "sector perform" rating in a report on Friday, October 11th. One analyst has rated the stock with a sell rating, one has given a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Ventas presently has a consensus rating of "Moderate Buy" and a consensus price target of $65.63.
Check Out Our Latest Report on VTR
Ventas Profile
(
Free Report)
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.
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