Ventas, Inc. (NYSE:VTR) Shares Sold by Harvest Fund Management Co. Ltd

Harvest Fund Management Co. Ltd reduced its position in Ventas, Inc. (NYSE:VTR) by 68.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,496 shares of the real estate investment trust’s stock after selling 9,852 shares during the quarter. Harvest Fund Management Co. Ltd’s holdings in Ventas were worth $265,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of VTR. ST Germain D J Co. Inc. acquired a new position in Ventas in the 4th quarter valued at about $27,000. Harbor Capital Advisors Inc. grew its position in shares of Ventas by 66.2% during the fourth quarter. Harbor Capital Advisors Inc. now owns 527 shares of the real estate investment trust’s stock worth $31,000 after buying an additional 210 shares in the last quarter. Promus Capital LLC acquired a new position in shares of Ventas during the fourth quarter worth about $38,000. New Wave Wealth Advisors LLC acquired a new position in shares of Ventas during the fourth quarter worth about $41,000. Finally, SRS Capital Advisors Inc. grew its position in shares of Ventas by 1,039.4% during the fourth quarter. SRS Capital Advisors Inc. now owns 809 shares of the real estate investment trust’s stock worth $48,000 after buying an additional 738 shares in the last quarter. 94.18% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO Debra A. Cafaro sold 388 shares of the business’s 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 transaction, the chief executive officer now owns 1,128,143 shares of the company’s stock, valued at approximately $80,098,153. The trade was a 0.03 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Gregory R. Liebbe sold 3,866 shares of the business’s stock in a transaction that occurred on Thursday, February 13th. The shares were sold at an average price of $63.00, for a total value of $243,558.00. Following the completion of the transaction, the chief accounting officer now directly owns 11,371 shares in the company, valued at approximately $716,373. The trade was a 25.37 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 260,227 shares of company stock valued at $17,769,097. Company insiders own 1.00% of the company’s stock.

Analyst Ratings Changes

VTR has been the subject of a number of analyst reports. Morgan Stanley boosted their price objective on Ventas from $65.00 to $70.00 and gave the stock an “equal weight” rating in a research report on Tuesday, March 11th. Wedbush boosted their price objective on Ventas from $69.00 to $78.00 and gave the stock an “outperform” rating in a research report on Friday, February 14th. JPMorgan Chase & Co. boosted their price objective on Ventas from $71.00 to $73.00 and gave the stock a “neutral” rating in a research report on Friday, March 7th. Wells Fargo & Company boosted their target price on Ventas from $72.00 to $77.00 and gave the stock an “overweight” rating in a research note on Monday, March 10th. Finally, Robert W. Baird upgraded Ventas from a “neutral” rating to an “outperform” rating and decreased their target price for the stock from $66.00 to $65.00 in a research note on Friday, January 17th. Four equities research analysts have rated the stock with a hold rating, seven have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $72.90.

Ventas Price Performance

Shares of NYSE VTR opened at $66.91 on Friday. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.25. Ventas, Inc. has a twelve month low of $41.45 and a twelve month high of $71.04. The stock has a 50 day moving average of $64.00 and a two-hundred day moving average of $63.10. The stock has a market cap of $29.25 billion, a P/E ratio of 352.16, a P/E/G ratio of 2.59 and a beta of 1.37.

Ventas (NYSE:VTR) last issued its quarterly earnings data on Wednesday, February 12th. The real estate investment trust reported $0.81 earnings per share for the quarter, beating 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 forecast that Ventas, Inc. will post 3.4 earnings per share for the current year.

Ventas Increases Dividend

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

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.