Vision Capital Corp decreased its position in Ventas, Inc. (NYSE:VTR - Free Report) by 49.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 255,153 shares of the real estate investment trust's stock after selling 249,993 shares during the period. Ventas accounts for approximately 2.6% of Vision Capital Corp's investment portfolio, making the stock its 13th largest position. Vision Capital Corp owned 0.06% of Ventas worth $16,363,000 at the end of the most recent quarter.
Several other hedge funds have also made changes to their positions in the company. Bessemer Group Inc. raised its holdings in Ventas by 4.6% in the 1st quarter. Bessemer Group Inc. now owns 5,292 shares of the real estate investment trust's stock valued at $230,000 after buying an additional 234 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in shares of Ventas by 8.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,489,159 shares of the real estate investment trust's stock worth $239,000,000 after acquiring an additional 413,564 shares during the last quarter. Zurich Insurance Group Ltd FI purchased a new position in shares of Ventas during the 1st quarter worth approximately $11,749,000. Janus Henderson Group PLC increased its holdings in Ventas by 14.1% in 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 purchasing an additional 11,406 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. raised its position in Ventas by 40.5% in the first quarter. B. Riley Wealth Advisors Inc. now owns 8,810 shares of the real estate investment trust's stock valued at $375,000 after purchasing an additional 2,539 shares during the period. Hedge funds and other institutional investors own 94.18% of the company's stock.
Ventas Stock Down 0.5 %
Shares of VTR traded down $0.33 during midday trading on Monday, reaching $63.22. The stock had a trading volume of 3,474,657 shares, compared to its average volume of 2,409,579. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.04 and a quick ratio of 1.04. The company's fifty day simple moving average is $64.11 and its two-hundred day simple moving average is $57.56. The company has a market cap of $26.52 billion, a price-to-earnings ratio of -374.76, a PEG ratio of 2.94 and a beta of 1.36. Ventas, Inc. has a 1-year low of $41.45 and a 1-year 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 issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 2.85%. The ex-dividend date of this dividend was Tuesday, October 1st. Ventas's dividend payout ratio (DPR) is -1,058.82%.
Wall Street Analysts Forecast Growth
Several research firms have recently commented on VTR. Wedbush raised their price target on Ventas from $64.00 to $71.00 and gave the stock an "outperform" rating in a research report on Tuesday, September 10th. Scotiabank lifted their target price on Ventas from $59.00 to $65.00 and gave the company a "sector perform" rating in a research report on Friday, October 11th. Wolfe Research upgraded shares of Ventas to a "strong-buy" rating in a research note on Friday, August 9th. Evercore ISI raised their price objective on shares of Ventas from $64.00 to $70.00 and gave the company an "outperform" rating in a research note on Monday, September 16th. Finally, StockNews.com raised shares of Ventas from a "sell" rating to a "hold" rating in a research note on Friday, November 1st. Two research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $63.63.
View Our Latest Research Report on VTR
Insider Transactions at Ventas
In related news, CEO Peter J. Bulgarelli sold 6,000 shares of the business's 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 completion of the sale, the chief executive officer now directly owns 90,795 shares of the company's stock, valued at $5,900,767.05. The trade was a 6.20 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Debra A. Cafaro sold 6,004 shares of the firm's stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $66.11, for a total value of $396,924.44. Following the transaction, the chief executive officer now directly owns 986,717 shares in the company, valued at approximately $65,231,860.87. The trade was a 0.60 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 140,079 shares of company stock valued at $9,241,311. 1.00% of the stock is currently owned by corporate insiders.
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.
Featured Articles
Before you consider Ventas, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ventas wasn't on the list.
While Ventas currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.