Cohen Capital Management Inc. Has $1.72 Million Holdings in Ventas, Inc. (NYSE:VTR)

Cohen Capital Management Inc. lifted its stake in shares of Ventas, Inc. (NYSE:VTR) by 3.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 26,795 shares of the real estate investment trust’s stock after purchasing an additional 870 shares during the period. Cohen Capital Management Inc.’s holdings in Ventas were worth $1,718,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Intact Investment Management Inc. increased its stake in shares of Ventas by 9.0% in the 3rd quarter. Intact Investment Management Inc. now owns 60,400 shares of the real estate investment trust’s stock valued at $3,873,000 after buying an additional 5,000 shares during the period. Old North State Wealth Management LLC increased its position in Ventas by 3.7% in the third quarter. Old North State Wealth Management LLC now owns 105,877 shares of the real estate investment trust’s stock worth $6,795,000 after purchasing an additional 3,777 shares during the period. Roman Butler Fullerton & Co. lifted its position in Ventas by 4.5% during the 3rd quarter. Roman Butler Fullerton & Co. now owns 5,434 shares of the real estate investment trust’s stock valued at $349,000 after purchasing an additional 232 shares during the period. Robeco Institutional Asset Management B.V. boosted its stake in shares of Ventas by 50.7% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 89,472 shares of the real estate investment trust’s stock valued at $5,738,000 after purchasing an additional 30,120 shares during the last quarter. Finally, Van ECK Associates Corp boosted its stake in shares of Ventas by 14.4% in the 3rd quarter. Van ECK Associates Corp now owns 188,962 shares of the real estate investment trust’s stock valued at $12,445,000 after purchasing an additional 23,718 shares during the last quarter. 94.18% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, CEO Debra A. Cafaro sold 121,248 shares of the stock in a transaction dated 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 completion of the transaction, the chief executive officer now directly owns 986,717 shares in the company, valued at approximately $65,291,063.89. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Ventas news, 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 completion of the transaction, the chief executive officer now owns 986,717 shares of the company’s stock, valued at $65,291,063.89. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Debra A. Cafaro sold 6,004 shares of Ventas stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $66.11, for a total transaction of $396,924.44. Following the completion of the sale, the chief executive officer now owns 986,717 shares in the company, valued at $65,231,860.87. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 200,533 shares of company stock worth $12,737,341. Corporate insiders own 1.00% of the company’s stock.

Ventas Price Performance

Shares of VTR opened at $64.19 on Monday. The stock has a 50 day simple moving average of $63.70 and a 200 day simple moving average of $55.51. 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 0.58 and a current ratio of 1.04. The firm has a market capitalization of $26.52 billion, a PE ratio of -377.57, a P/E/G ratio of 2.91 and a beta of 1.36.

Ventas (NYSE:VTR) last released its quarterly earnings results on Thursday, August 1st. The real estate investment trust reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.79 by ($0.74). Ventas had a negative net margin of 1.38% and a negative return on equity of 0.69%. The company had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.19 billion. During the same quarter last year, the company earned $0.75 EPS. The firm’s quarterly revenue was up 8.6% compared to the same quarter last year. Sell-side analysts predict that Ventas, Inc. will post 3.16 EPS for the current fiscal year.

Ventas Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 17th. Investors of record on Tuesday, October 1st were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 2.80%. The ex-dividend date of this dividend was Tuesday, October 1st. Ventas’s payout ratio is presently -1,058.76%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on VTR shares. Scotiabank raised their price objective on shares of Ventas from $59.00 to $65.00 and gave the company a “sector perform” rating in a research note on Friday, October 11th. 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. Royal Bank of Canada upped their price objective on Ventas from $52.00 to $63.00 and gave the company an “outperform” rating in a report on Friday, August 9th. Wells Fargo & Company upgraded 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 report on Tuesday, October 1st. Finally, Evercore ISI increased their price target on shares of Ventas from $64.00 to $70.00 and gave the company an “outperform” rating in a research report on Monday, September 16th. Two investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Ventas has a consensus rating of “Moderate Buy” and an average price target of $63.63.

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.