Massmutual Trust Co. FSB ADV Boosts Holdings in Ventas, Inc. (NYSE:VTR)

Massmutual Trust Co. FSB ADV raised its holdings in Ventas, Inc. (NYSE:VTR) by 37.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,936 shares of the real estate investment trust’s stock after purchasing an additional 528 shares during the period. Massmutual Trust Co. FSB ADV’s holdings in Ventas were worth $84,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Evoke Wealth LLC purchased a new position in shares of Ventas in the fourth quarter worth about $6,947,000. International Assets Investment Management LLC grew its stake in Ventas by 4,831.0% during the fourth quarter. International Assets Investment Management LLC now owns 231,856 shares of the real estate investment trust’s stock valued at $11,556,000 after acquiring an additional 227,154 shares in the last quarter. Nomura Holdings Inc. purchased a new position in Ventas during the fourth quarter valued at approximately $3,560,000. Mutual of America Capital Management LLC grew its stake in Ventas by 10.4% during the fourth quarter. Mutual of America Capital Management LLC now owns 86,912 shares of the real estate investment trust’s stock valued at $4,332,000 after acquiring an additional 8,199 shares in the last quarter. Finally, Lincluden Management Ltd. purchased a new position in Ventas during the fourth quarter valued at approximately $2,170,000. Hedge funds and other institutional investors own 94.18% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Evercore ISI upgraded shares of Ventas from an “in-line” rating to an “outperform” rating and set a $50.00 target price for the company in a research report on Monday, March 18th. Scotiabank lifted their target price on shares of Ventas from $47.00 to $51.00 and gave the stock a “sector perform” rating in a research note on Thursday, May 16th. Finally, Wells Fargo & Company lifted their target price on shares of Ventas from $46.00 to $49.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 30th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, Ventas has an average rating of “Moderate Buy” and an average target price of $51.46.

Insider Transactions at Ventas

In other news, Director Walter C. Rakowich sold 2,145 shares of the company’s stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $48.40, for a total value of $103,818.00. Following the sale, the director now directly owns 26,031 shares of the company’s stock, valued at approximately $1,259,900.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, Director Walter C. Rakowich sold 2,145 shares of the company’s stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $48.40, for a total value of $103,818.00. Following the sale, the director now directly owns 26,031 shares of the company’s stock, valued at approximately $1,259,900.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Robert F. Probst sold 18,500 shares of the company’s stock in a transaction dated Tuesday, May 7th. The stock was sold at an average price of $47.11, for a total transaction of $871,535.00. Following the completion of the sale, the chief financial officer now directly owns 176,403 shares in the company, valued at $8,310,345.33. The disclosure for this sale can be found here. Insiders have sold 35,270 shares of company stock valued at $1,672,966 in the last three months. 1.00% of the stock is currently owned by company insiders.

Ventas Stock Up 0.7 %

Shares of Ventas stock opened at $50.42 on Friday. The company’s fifty day simple moving average is $47.30 and its two-hundred day simple moving average is $46.38. The company has a market cap of $20.41 billion, a P/E ratio of -265.35, a PEG ratio of 2.59 and a beta of 1.33. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 1.43. Ventas, Inc. has a 12-month low of $39.33 and a 12-month high of $50.99.

Ventas Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 18th. Stockholders of record on Monday, July 1st will be given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 3.57%. The ex-dividend date of this dividend is Monday, July 1st. Ventas’s dividend payout ratio is presently -947.32%.

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.