Verition Fund Management LLC Has $5.42 Million Stake in Ventas, Inc. (NYSE:VTR)

Verition Fund Management LLC lessened its holdings in Ventas, Inc. (NYSE:VTR - Free Report) by 29.0% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 84,473 shares of the real estate investment trust's stock after selling 34,488 shares during the quarter. Verition Fund Management LLC's holdings in Ventas were worth $5,417,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of VTR. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Ventas by 862.7% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,932,017 shares of the real estate investment trust's stock worth $252,160,000 after acquiring an additional 3,523,594 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its stake in Ventas by 105.2% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,420,322 shares of the real estate investment trust's stock worth $347,605,000 after purchasing an additional 2,778,408 shares in the last quarter. ANTIPODES PARTNERS Ltd acquired a new stake in shares of Ventas during the second quarter worth $73,517,000. FMR LLC grew its stake in Ventas by 4.4% during the 3rd quarter. FMR LLC now owns 23,364,810 shares of the real estate investment trust's stock valued at $1,498,385,000 after purchasing an additional 982,795 shares during the last quarter. Finally, Zurich Insurance Group Ltd FI increased its holdings in Ventas by 217.4% in the 2nd quarter. Zurich Insurance Group Ltd FI now owns 856,525 shares of the real estate investment trust's stock worth $43,905,000 after buying an additional 586,676 shares during the period. Hedge funds and other institutional investors own 94.18% of the company's stock.

Ventas Price Performance

Shares of NYSE VTR traded up $0.51 during trading on Tuesday, hitting $62.77. The company had a trading volume of 2,154,700 shares, compared to its average volume of 2,413,068. The business's 50-day moving average is $64.11 and its 200 day moving average is $58.33. The company has a market cap of $26.33 billion, a P/E ratio of -369.21, a PEG ratio of 2.88 and a beta of 1.36. Ventas, Inc. has a 52 week low of $41.45 and a 52 week high of $67.61. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.04 and a current ratio of 1.04.

Ventas Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 17th. Shareholders of record on Tuesday, October 1st were given a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 2.87%. The ex-dividend date was Tuesday, October 1st. Ventas's dividend payout ratio is -1,058.76%.

Analysts Set New Price Targets

VTR has been the topic of a number of research analyst reports. Royal Bank of Canada lifted their price target on shares of Ventas from $52.00 to $63.00 and gave the company an "outperform" rating in a research note on Friday, August 9th. Wells Fargo & Company upgraded shares of Ventas from an "equal weight" rating to an "overweight" rating and raised their target price for the stock from $61.00 to $71.00 in a research note on Tuesday, October 1st. Wedbush lifted their price objective on Ventas from $64.00 to $71.00 and gave the stock an "outperform" rating in a research report on Tuesday, September 10th. Wolfe Research raised Ventas to a "strong-buy" rating in a research report on Friday, August 9th. Finally, Evercore ISI boosted their price objective on shares of Ventas from $64.00 to $70.00 and gave the stock an "outperform" rating in a report on Monday, September 16th. Two equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $63.63.

Insider Activity at Ventas

In other Ventas news, CEO Peter J. Bulgarelli sold 6,000 shares of the stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $64.99, for a total value of $389,940.00. Following the sale, the chief executive officer now directly owns 90,795 shares in the company, valued at approximately $5,900,767.05. This trade represents a 6.20 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Debra A. Cafaro sold 121,248 shares of the business's stock in a transaction that occurred on Tuesday, October 29th. The shares were sold at an average price of $66.17, for a total value of $8,022,980.16. Following the completion of the sale, the chief executive officer now owns 986,717 shares in the company, valued at $65,291,063.89. The trade was a 10.94 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 140,079 shares of company stock valued at $9,241,311. Insiders own 1.00% of the company's stock.

Ventas 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.