State of New Jersey Common Pension Fund D Has $23.02 Million Stock Position in Ventas, Inc. (NYSE:VTR)

State of New Jersey Common Pension Fund D grew its position in Ventas, Inc. (NYSE:VTR) by 0.1% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 358,918 shares of the real estate investment trust’s stock after buying an additional 501 shares during the period. State of New Jersey Common Pension Fund D owned approximately 0.09% of Ventas worth $23,017,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Massachusetts Financial Services Co. MA acquired a new stake in Ventas in the 2nd quarter valued at about $135,425,000. ANTIPODES PARTNERS Ltd bought a new stake in shares of Ventas during the second quarter worth $73,517,000. Centersquare Investment Management LLC boosted its stake in shares of Ventas by 11.5% during the first 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 purchasing an additional 802,546 shares in the last quarter. Zurich Insurance Group Ltd FI grew its holdings in Ventas by 217.4% during 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 acquiring an additional 586,676 shares during the last quarter. Finally, Mackenzie Financial Corp boosted its holdings in Ventas by 1,247.7% in the second quarter. Mackenzie Financial Corp now owns 496,531 shares of the real estate investment trust’s stock valued at $25,452,000 after acquiring an additional 459,689 shares during the last quarter. 94.18% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, CEO Debra A. Cafaro sold 6,827 shares of Ventas stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of $63.20, for a total value of $431,466.40. Following the completion of the sale, the chief executive officer now directly owns 986,717 shares in the company, valued at $62,360,514.40. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. In related news, CEO Debra A. Cafaro sold 6,827 shares of the stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of $63.20, for a total value of $431,466.40. Following the completion of the sale, the chief executive officer now directly owns 986,717 shares of the company’s stock, valued at approximately $62,360,514.40. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Peter J. Bulgarelli sold 6,000 shares of Ventas stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $64.99, for a total transaction of $389,940.00. Following the transaction, the chief executive officer now owns 90,795 shares in the company, valued at approximately $5,900,767.05. 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 valued at $9,263,815 over the last three months. 1.00% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

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

Ventas Stock Performance

VTR traded up $0.70 during trading hours on Friday, hitting $65.15. The stock had a trading volume of 3,040,614 shares, compared to its average volume of 2,332,382. Ventas, Inc. has a 1 year low of $41.45 and a 1 year high of $67.61. The company’s fifty day simple moving average is $64.04 and its 200 day simple moving average is $56.17. The stock has a market cap of $27.32 billion, a PE ratio of -383.21, a price-to-earnings-growth ratio of 2.89 and a beta of 1.36. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.39.

Ventas Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 17th. Stockholders of record on Tuesday, October 1st were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 2.76%. The ex-dividend date was Tuesday, October 1st. Ventas’s dividend payout ratio is -1,058.76%.

About Ventas

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.