Hanseatic Management Services Inc. purchased a new position in shares of Ventas, Inc. (NYSE:VTR – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,159 shares of the real estate investment trust’s stock, valued at approximately $74,000.
A number of other institutional investors and hedge funds have also recently bought and sold shares of VTR. GSA Capital Partners LLP purchased a new stake in Ventas during the 1st quarter worth $1,005,000. Centersquare Investment Management LLC increased 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 valued at $345,667,000 after acquiring an additional 802,546 shares during the period. Intech Investment Management LLC bought a new stake in shares of Ventas during the first quarter valued at about $819,000. Zurich Insurance Group Ltd FI acquired a new stake in shares of Ventas in the 1st quarter worth approximately $11,749,000. Finally, SG Americas Securities LLC boosted its stake in Ventas by 386.9% during the 1st quarter. SG Americas Securities LLC now owns 231,643 shares of the real estate investment trust’s stock valued at $10,086,000 after purchasing an additional 184,065 shares in the last quarter. Institutional investors and hedge funds own 94.18% of the company’s stock.
Wall Street Analyst Weigh In
VTR has been the topic of a number of research reports. StockNews.com upgraded shares of Ventas from a “sell” rating to a “hold” rating in a report on Friday, November 1st. Evercore ISI increased their price objective on Ventas from $64.00 to $70.00 and gave the company an “outperform” rating in a research report on Monday, September 16th. Wells Fargo & Company upgraded Ventas from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $61.00 to $71.00 in a report on Tuesday, October 1st. Royal Bank of Canada upped their target price on Ventas from $52.00 to $63.00 and gave the company an “outperform” rating in a report on Friday, August 9th. Finally, Wolfe Research upgraded Ventas to a “strong-buy” rating in a research report on Friday, August 9th. Two investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $63.63.
Ventas Stock Down 1.9 %
NYSE VTR opened at $63.22 on Thursday. The stock’s 50 day simple moving average is $63.91 and its 200 day simple moving average is $55.86. 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 one year low of $41.45 and a one year high of $67.61. The firm has a market cap of $26.51 billion, a PE ratio of -371.86, a price-to-earnings-growth ratio of 2.86 and a beta of 1.36.
Ventas Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, October 17th. Stockholders of record on Tuesday, October 1st were paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 2.85%. The ex-dividend date was Tuesday, October 1st. Ventas’s dividend payout ratio (DPR) is presently -1,058.76%.
Insider Activity at Ventas
In related news, 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 transaction of $8,022,980.16. Following the completion of the sale, the chief executive officer now directly owns 986,717 shares of the company’s stock, valued at $65,291,063.89. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. In other Ventas news, CEO Debra A. Cafaro sold 121,248 shares of the stock in a transaction 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 sale, 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 document filed with the SEC, which is accessible through the SEC website. Also, CEO Debra A. Cafaro sold 6,827 shares of Ventas stock in a transaction dated Thursday, September 5th. The shares were sold at an average price of $63.20, for a total value of $431,466.40. Following the transaction, the chief executive officer now owns 986,717 shares in the company, valued at $62,360,514.40. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 140,454 shares of company stock worth $9,263,815 over the last 90 days. Insiders own 1.00% of the company’s stock.
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.
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