Swiss National Bank boosted its position in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 0.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,201,368 shares of the real estate investment trust's stock after acquiring an additional 9,800 shares during the period. Swiss National Bank owned about 0.29% of Ventas worth $77,044,000 as of its most recent SEC filing.
Other large investors have also modified their holdings of the company. Mutual of America Capital Management LLC grew its stake in Ventas by 5.3% in the 3rd quarter. Mutual of America Capital Management LLC now owns 90,875 shares of the real estate investment trust's stock worth $5,828,000 after acquiring an additional 4,603 shares during the period. Natixis Advisors LLC lifted its stake in shares of Ventas by 19.5% during the third quarter. Natixis Advisors LLC now owns 134,803 shares of the real estate investment trust's stock worth $8,645,000 after purchasing an additional 21,950 shares in the last quarter. Empowered Funds LLC lifted its stake in shares of Ventas by 11.9% during the third quarter. Empowered Funds LLC now owns 7,040 shares of the real estate investment trust's stock worth $448,000 after purchasing an additional 748 shares in the last quarter. Sheaff Brock Investment Advisors LLC acquired a new position in shares of Ventas during the third quarter worth about $241,000. Finally, CIBC Asset Management Inc increased its position in shares of Ventas by 10.0% during the third quarter. CIBC Asset Management Inc now owns 59,761 shares of the real estate investment trust's stock worth $3,832,000 after acquiring an additional 5,421 shares during the last quarter. Institutional investors and hedge funds own 94.18% of the company's stock.
Wall Street Analysts Forecast Growth
Several analysts recently weighed in on VTR shares. 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. Wolfe Research upgraded Ventas to a "strong-buy" rating in a research report on Friday, August 9th. Evercore ISI upped their target price on Ventas from $64.00 to $70.00 and gave the stock an "outperform" rating in a research report on Monday, September 16th. Wedbush increased their price objective on Ventas from $64.00 to $71.00 and gave the company an "outperform" rating in a research report on Tuesday, September 10th. Finally, StockNews.com raised shares of Ventas from a "sell" rating to a "hold" rating in a research note on Friday, November 1st. Two investment 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 data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $63.63.
View Our Latest Stock Analysis on Ventas
Ventas Stock Performance
VTR stock traded down $0.16 during mid-day trading on Wednesday, reaching $64.09. 1,505,968 shares of the stock traded hands, compared to its average volume of 2,406,269. 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 business has a 50-day moving average of $64.18 and a two-hundred day moving average of $57.21. Ventas, Inc. has a 52 week low of $41.45 and a 52 week high of $67.61. The firm has a market capitalization of $26.89 billion, a PE ratio of -377.92, a P/E/G ratio of 2.94 and a beta of 1.36.
Ventas Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, October 17th. Investors of record on Tuesday, October 1st were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.81%. The ex-dividend date was Tuesday, October 1st. Ventas's dividend payout ratio is currently -1,058.76%.
Insider Buying and Selling at Ventas
In other Ventas news, CEO Peter J. Bulgarelli sold 6,000 shares of the business's stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $64.99, for a total value of $389,940.00. Following the completion of the sale, the chief executive officer now owns 90,795 shares of the company's stock, valued at $5,900,767.05. The trade was a 6.20 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, 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 transaction of $8,022,980.16. Following the sale, the chief executive officer now directly owns 986,717 shares of the company's stock, valued at approximately $65,291,063.89. This trade represents a 10.94 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 140,454 shares of company stock valued at $9,263,815. 1.00% of the stock is currently owned by insiders.
Ventas Profile
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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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