Arbor Capital Management Inc. ADV Sells 1,004 Shares of Ventas, Inc. (NYSE:VTR)

Arbor Capital Management Inc. ADV lowered its position in shares of Ventas, Inc. (NYSE:VTR) by 4.6% during the fourth quarter, HoldingsChannel reports. The fund owned 21,023 shares of the real estate investment trust’s stock after selling 1,004 shares during the quarter. Arbor Capital Management Inc. ADV’s holdings in Ventas were worth $1,263,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of VTR. ST Germain D J Co. Inc. bought a new stake in Ventas during the 4th quarter worth $27,000. Harbor Capital Advisors Inc. grew its position in 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 during the last quarter. Promus Capital LLC bought a new stake in Ventas during the 4th quarter worth $38,000. New Wave Wealth Advisors LLC bought a new stake in shares of Ventas in the 4th quarter valued at about $41,000. Finally, SRS Capital Advisors Inc. grew its position in shares of Ventas by 1,039.4% in the 4th quarter. SRS Capital Advisors Inc. now owns 809 shares of the real estate investment trust’s stock valued at $48,000 after buying an additional 738 shares during the last quarter. Institutional investors own 94.18% of the company’s stock.

Wall Street Analyst Weigh In

VTR has been the topic of a number of analyst reports. Mizuho reduced their price target on Ventas from $71.00 to $68.00 and set an “outperform” rating on the stock in a research report on Thursday, December 5th. JPMorgan Chase & Co. upped their price target on Ventas from $71.00 to $73.00 and gave the company a “neutral” rating in a research report on Friday, March 7th. Royal Bank of Canada upped their price target on Ventas from $70.00 to $74.00 and gave the company an “outperform” rating in a research report on Tuesday, February 25th. Robert W. Baird upgraded Ventas from a “neutral” rating to an “outperform” rating and reduced their price target for the company from $66.00 to $65.00 in a research report on Friday, January 17th. Finally, Scotiabank upped their price target on Ventas from $69.00 to $72.00 and gave the company a “sector perform” rating in a research report on Friday, February 28th. Four analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $72.20.

Ventas Stock Up 0.8 %

VTR stock opened at $66.91 on Monday. The stock’s 50 day simple moving average is $62.98 and its 200 day simple moving average is $62.91. Ventas, Inc. has a fifty-two week low of $41.45 and a fifty-two week high of $71.04. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.85 and a current ratio of 0.85. The company has a market cap of $29.25 billion, a P/E ratio of 352.19, a price-to-earnings-growth ratio of 2.59 and a beta of 1.37.

Ventas (NYSE:VTR) last posted its quarterly earnings results on Wednesday, February 12th. The real estate investment trust reported $0.81 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.83. Ventas had a return on equity of 0.82% and a net margin of 1.65%. On average, research analysts expect that Ventas, Inc. will post 3.4 earnings per share for the current fiscal year.

Ventas Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Monday, March 31st will be paid a $0.48 dividend. The ex-dividend date of this dividend is Monday, March 31st. This is an increase from Ventas’s previous quarterly dividend of $0.45. This represents a $1.92 annualized dividend and a dividend yield of 2.87%. Ventas’s dividend payout ratio is 1,010.53%.

Insider Transactions at Ventas

In other news, CAO Gregory R. Liebbe sold 3,866 shares of the stock in a transaction that occurred on Thursday, February 13th. The stock was sold at an average price of $63.00, for a total value of $243,558.00. Following the completion of the sale, the chief accounting officer now directly owns 11,371 shares of the company’s stock, valued at $716,373. This represents a 25.37 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Debra A. Cafaro sold 388 shares of the stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $71.00, for a total value of $27,548.00. Following the completion of the sale, the chief executive officer now directly owns 1,128,143 shares of the company’s stock, valued at approximately $80,098,153. This trade represents a 0.03 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 260,227 shares of company stock valued at $17,769,097 over the last ninety days. 1.00% of the stock is currently owned by insiders.

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.