Orion Portfolio Solutions LLC Lowers Position in Ventas, Inc. (NYSE:VTR)

Orion Portfolio Solutions LLC reduced its position in shares of Ventas, Inc. (NYSE:VTR) by 3.6% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,890 shares of the real estate investment trust’s stock after selling 409 shares during the period. Orion Portfolio Solutions LLC’s holdings in Ventas were worth $698,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. EdgeRock Capital LLC acquired a new position in Ventas during the 2nd quarter worth approximately $41,000. Global X Japan Co. Ltd. purchased a new position in Ventas in the third quarter worth $48,000. Morse Asset Management Inc acquired a new stake in Ventas in the third quarter valued at $64,000. Hanseatic Management Services Inc. purchased a new stake in shares of Ventas during the 3rd quarter worth $74,000. Finally, Tobam acquired a new position in shares of Ventas during the 3rd quarter worth $79,000. Institutional investors and hedge funds own 94.18% of the company’s stock.

Insiders Place Their Bets

In related news, 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 transaction of $8,022,980.16. Following the transaction, the chief executive officer now directly owns 986,717 shares in the company, valued at approximately $65,291,063.89. This represents a 10.94 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 1.00% of the stock is owned by corporate insiders.

Ventas Price Performance

NYSE:VTR opened at $59.48 on Tuesday. The firm has a market cap of $24.95 billion, a price-to-earnings ratio of -349.88, a price-to-earnings-growth ratio of 2.78 and a beta of 1.36. Ventas, Inc. has a 12-month low of $41.45 and a 12-month high of $67.61. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.39. The company’s 50-day moving average is $63.64 and its two-hundred day moving average is $59.15.

Ventas Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 16th. Investors of record on Tuesday, December 31st will be given a dividend of $0.45 per share. The ex-dividend date is Tuesday, December 31st. This represents a $1.80 dividend on an annualized basis and a yield of 3.03%. Ventas’s dividend payout ratio (DPR) is currently -1,058.82%.

Analyst Ratings Changes

Several analysts recently commented on the stock. StockNews.com cut shares of Ventas from a “hold” rating to a “sell” rating in a research note on Friday. Wedbush restated an “outperform” rating and issued a $75.00 price target on shares of Ventas in a research report on Tuesday, December 3rd. Mizuho decreased their price objective on shares of Ventas from $71.00 to $68.00 and set an “outperform” rating on the stock in a research report on Thursday, December 5th. Scotiabank increased their price objective on shares of Ventas from $59.00 to $65.00 and gave the company a “sector perform” rating in a research note on Friday, October 11th. Finally, Wells Fargo & Company upgraded shares of 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 research report on Tuesday, October 1st. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $65.63.

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.