State of Tennessee Department of Treasury Has $10.48 Million Stock Position in Ventas, Inc. (NYSE:VTR)

State of Tennessee Department of Treasury trimmed its position in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 3.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 177,989 shares of the real estate investment trust's stock after selling 7,241 shares during the period. State of Tennessee Department of Treasury's holdings in Ventas were worth $10,482,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of VTR. ST Germain D J Co. Inc. bought a new position in Ventas during the fourth quarter worth about $27,000. Harbor Capital Advisors Inc. lifted its position in shares of Ventas by 66.2% during the fourth quarter. Harbor Capital Advisors Inc. now owns 527 shares of the real estate investment trust's stock worth $31,000 after purchasing an additional 210 shares in the last quarter. Promus Capital LLC bought a new stake in shares of Ventas during the fourth quarter valued at approximately $38,000. New Wave Wealth Advisors LLC bought a new position in Ventas in the 4th quarter valued at $41,000. Finally, SRS Capital Advisors Inc. increased its position in Ventas by 1,039.4% in the fourth quarter. SRS Capital Advisors Inc. now owns 809 shares of the real estate investment trust's stock worth $48,000 after purchasing an additional 738 shares during the period. Institutional investors own 94.18% of the company's stock.

Insider Buying and Selling

In other Ventas news, CAO Gregory R. Liebbe sold 3,866 shares of the firm's stock in a transaction that occurred on Thursday, February 13th. The shares were sold at an average price of $63.00, for a total transaction of $243,558.00. Following the completion of the sale, the chief accounting officer now directly owns 11,371 shares in the company, valued at $716,373. This trade represents a 25.37 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Debra A. Cafaro sold 44,551 shares of the company's stock in a transaction on Thursday, April 3rd. The shares were sold at an average price of $71.06, for a total value of $3,165,794.06. Following the completion of the transaction, the chief executive officer now directly owns 1,145,695 shares in the company, valued at approximately $81,413,086.70. This represents a 3.74 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 304,778 shares of company stock valued at $20,934,891. 1.00% of the stock is owned by insiders.

Ventas Stock Up 1.0 %

VTR traded up $0.69 on Tuesday, hitting $69.19. 686,211 shares of the company were exchanged, compared to its average volume of 3,028,662. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.85 and a current ratio of 0.85. The stock's fifty day moving average is $67.57 and its 200-day moving average is $63.84. The company has a market cap of $30.28 billion, a PE ratio of 364.03, a PEG ratio of 2.59 and a beta of 1.02. Ventas, Inc. has a 12 month low of $43.64 and a 12 month high of $71.36.

Ventas (NYSE:VTR - Get Free Report) last issued its earnings results on Wednesday, February 12th. The real estate investment trust reported $0.81 earnings per share for the quarter, topping analysts' consensus estimates of ($0.02) by $0.83. Ventas had a net margin of 1.65% and a return on equity of 0.82%. Equities research analysts predict that Ventas, Inc. will post 3.4 EPS for the current fiscal year.

Ventas Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Monday, March 31st were paid a dividend of $0.48 per share. This is an increase from Ventas's previous quarterly dividend of $0.45. This represents a $1.92 annualized dividend and a dividend yield of 2.78%. The ex-dividend date of this dividend was Monday, March 31st. Ventas's payout ratio is currently 1,010.53%.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Robert W. Baird upgraded shares of Ventas from a "neutral" rating to an "outperform" rating and cut their price objective for the company from $66.00 to $65.00 in a report on Friday, January 17th. Wedbush increased their price target on Ventas from $69.00 to $78.00 and gave the company an "outperform" rating in a research note on Friday, February 14th. Scotiabank lifted their price objective on Ventas from $69.00 to $72.00 and gave the stock a "sector perform" rating in a research note on Friday, February 28th. Wells Fargo & Company increased their target price on Ventas from $72.00 to $77.00 and gave the company an "overweight" rating in a research note on Monday, March 10th. Finally, StockNews.com upgraded Ventas from a "sell" rating to a "hold" rating in a research report on Friday, January 17th. Four research analysts have rated the stock with a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $72.90.

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.