Ventas, Inc. (NYSE:VTR) Stock Position Lessened by Kentucky Retirement Systems Insurance Trust Fund

Kentucky Retirement Systems Insurance Trust Fund trimmed its holdings in shares of Ventas, Inc. (NYSE:VTR) by 6.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 12,232 shares of the real estate investment trust’s stock after selling 824 shares during the period. Kentucky Retirement Systems Insurance Trust Fund’s holdings in Ventas were worth $784,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Intech Investment Management LLC bought a new stake in shares of Ventas during the 1st quarter worth about $819,000. Zurich Insurance Group Ltd FI acquired a new position in shares of Ventas during the first quarter valued at approximately $11,749,000. BDF Gestion acquired a new position in shares of Ventas during the second quarter valued at approximately $3,716,000. Friedenthal Financial raised its holdings in Ventas by 1,183.7% during the third quarter. Friedenthal Financial now owns 12,773 shares of the real estate investment trust’s stock worth $819,000 after purchasing an additional 11,778 shares in the last quarter. Finally, Tandem Capital Management Corp ADV lifted its position in Ventas by 62.1% in the third quarter. Tandem Capital Management Corp ADV now owns 27,730 shares of the real estate investment trust’s stock worth $1,778,000 after purchasing an additional 10,620 shares during the period. Institutional investors and hedge funds own 94.18% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on VTR. Royal Bank of Canada boosted their price objective on Ventas from $52.00 to $63.00 and gave the stock an “outperform” rating in a research note on Friday, August 9th. Wolfe Research raised shares of Ventas to a “strong-buy” rating in a report on Friday, August 9th. StockNews.com upgraded shares of Ventas from a “sell” rating to a “hold” rating in a research report on Friday, November 1st. Wells Fargo & Company upgraded shares of Ventas from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $61.00 to $71.00 in a report on Tuesday, October 1st. Finally, Wedbush raised their target price on shares of Ventas from $64.00 to $71.00 and gave the stock an “outperform” rating in a report on Tuesday, September 10th. 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 stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $63.63.

Ventas Trading Up 0.2 %

NYSE VTR opened at $63.60 on Monday. The firm’s 50 day moving average price is $64.20 and its two-hundred day moving average price is $56.96. The stock has a market cap of $26.67 billion, a price-to-earnings ratio of -374.10, a PEG ratio of 2.94 and a beta of 1.36. Ventas, Inc. has a twelve month low of $41.45 and a twelve month high of $67.61. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.04 and a current ratio of 1.04.

Ventas Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 17th. Investors of record on Tuesday, October 1st were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 2.83%. The ex-dividend date of this dividend was Tuesday, October 1st. Ventas’s payout ratio is -1,058.76%.

Insider Buying and Selling

In other Ventas news, CEO Peter J. Bulgarelli sold 6,000 shares of the stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of $64.99, for a total value of $389,940.00. Following the completion of the sale, the chief executive officer now owns 90,795 shares in the company, valued at $5,900,767.05. This represents a 6.20 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Debra A. Cafaro sold 6,827 shares of the business’s stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $63.20, for a total transaction of $431,466.40. Following the transaction, the chief executive officer now owns 986,717 shares in the company, valued at approximately $62,360,514.40. This represents a 0.69 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 140,454 shares of company stock valued at $9,263,815. Corporate 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.