1834 Investment Advisors Co. Sells 1,176 Shares of Ventas, Inc. (NYSE:VTR)

1834 Investment Advisors Co. cut its stake in Ventas, Inc. (NYSE:VTR) by 7.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,385 shares of the real estate investment trust’s stock after selling 1,176 shares during the period. 1834 Investment Advisors Co.’s holdings in Ventas were worth $923,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of VTR. Centersquare Investment Management LLC raised its position in Ventas by 11.5% in the 1st quarter. Centersquare Investment Management LLC now owns 7,806,396 shares of the real estate investment trust’s stock worth $345,667,000 after purchasing an additional 802,546 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Ventas by 1.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 5,931,538 shares of the real estate investment trust’s stock valued at $304,047,000 after buying an additional 96,482 shares during the period. Price T Rowe Associates Inc. MD raised its position in shares of Ventas by 8.1% during the first 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. Massachusetts Financial Services Co. MA acquired a new position in shares of Ventas during the second quarter valued at $135,425,000. Finally, Canada Pension Plan Investment Board lifted its stake in shares of Ventas by 0.4% during the second quarter. Canada Pension Plan Investment Board now owns 1,756,752 shares of the real estate investment trust’s stock valued at $90,051,000 after acquiring an additional 7,585 shares during the period. 94.18% of the stock is currently owned by institutional investors and hedge funds.

Ventas Price Performance

Shares of NYSE VTR opened at $64.47 on Wednesday. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.04 and a quick ratio of 1.04. Ventas, Inc. has a twelve month low of $41.45 and a twelve month high of $67.61. The company’s fifty day moving average is $63.87 and its 200-day moving average is $55.81.

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 issued a dividend of $0.45 per share. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $1.80 annualized dividend and a yield of 2.79%. Ventas’s dividend payout ratio is presently -1,058.76%.

Analyst Upgrades and Downgrades

VTR has been the subject of several recent research reports. Evercore ISI boosted their price objective on Ventas from $64.00 to $70.00 and gave the stock an “outperform” rating in a report on Monday, September 16th. Wolfe Research raised shares of Ventas to a “strong-buy” rating in a research note on Friday, August 9th. StockNews.com raised shares of Ventas from a “sell” rating to a “hold” rating in a research note on Friday, November 1st. Wells Fargo & Company upgraded shares of Ventas from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $61.00 to $71.00 in a research report on Tuesday, October 1st. Finally, Wedbush increased their price target on Ventas from $64.00 to $71.00 and gave the company an “outperform” rating in a research note on Tuesday, September 10th. Two equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Ventas presently has a consensus rating of “Moderate Buy” and an average target price of $63.63.

Insider Buying and Selling at Ventas

In other news, CEO Debra A. Cafaro sold 121,248 shares of the firm’s 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 sale, the chief executive officer now owns 986,717 shares of the company’s stock, valued at $65,291,063.89. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, CEO Debra A. Cafaro sold 6,004 shares of the company’s stock in a transaction on Friday, October 25th. The shares were sold at an average price of $66.11, for a total value of $396,924.44. Following the completion of the transaction, the chief executive officer now directly owns 986,717 shares of the company’s stock, valued at approximately $65,231,860.87. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, 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 value of $8,022,980.16. Following the transaction, the chief executive officer now owns 986,717 shares of the company’s stock, valued at approximately $65,291,063.89. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 160,454 shares of company stock valued at $10,441,215. Company 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.