Ventas, Inc. (NYSE:VTR) Shares Sold by Lake Street Private Wealth LLC

Lake Street Private Wealth LLC lowered its holdings in Ventas, Inc. (NYSE:VTR) by 12.6% in the fourth quarter, Holdings Channel.com reports. The fund owned 7,950 shares of the real estate investment trust’s stock after selling 1,150 shares during the quarter. Lake Street Private Wealth LLC’s holdings in Ventas were worth $468,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in VTR. ST Germain D J Co. Inc. purchased a new stake in Ventas during the fourth quarter worth about $27,000. Harbor Capital Advisors Inc. boosted its stake in shares of Ventas by 66.2% during the 4th quarter. Harbor Capital Advisors Inc. now owns 527 shares of the real estate investment trust’s stock worth $31,000 after acquiring an additional 210 shares in the last quarter. Global X Japan Co. Ltd. acquired a new stake in shares of Ventas in the 3rd quarter worth approximately $48,000. Morse Asset Management Inc purchased a new position in Ventas in the 3rd quarter valued at approximately $64,000. Finally, Hanseatic Management Services Inc. acquired a new position in Ventas during the third quarter worth $74,000. 94.18% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on VTR. Mizuho dropped their price target on Ventas from $71.00 to $68.00 and set an “outperform” rating for the company in a research report on Thursday, December 5th. Scotiabank raised their target price on shares of Ventas from $59.00 to $65.00 and gave the company a “sector perform” rating in a report on Friday, October 11th. Wedbush reaffirmed an “outperform” rating and issued a $75.00 price target on shares of Ventas in a report on Thursday, December 19th. Wells Fargo & Company raised shares of Ventas from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $61.00 to $71.00 in a research note on Tuesday, October 1st. Finally, StockNews.com upgraded Ventas from a “sell” rating to a “hold” rating in a report on Friday. Two analysts have rated the stock with a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $67.13.

Insider Buying and Selling at Ventas

In related news, CEO Debra A. Cafaro sold 121,248 shares of the firm’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 value of $8,022,980.16. Following the sale, the chief executive officer now directly owns 986,717 shares of the company’s stock, valued at approximately $65,291,063.89. This trade represents a 10.94 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.00% of the stock is owned by company insiders.

Ventas Trading Up 0.8 %

Shares of Ventas stock opened at $58.85 on Friday. Ventas, Inc. has a fifty-two week low of $41.45 and a fifty-two week high of $67.61. The business’s fifty day moving average is $60.75 and its two-hundred day moving average is $60.41. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.39. The firm has a market cap of $24.69 billion, a PE ratio of -346.15, a P/E/G ratio of 2.48 and a beta of 1.37.

Ventas Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 16th. Shareholders of record on Tuesday, December 31st were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 3.06%. The ex-dividend date of this dividend was Tuesday, December 31st. Ventas’s 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.