Teachers Retirement System of The State of Kentucky Sells 1,419 Shares of Ventas, Inc. (NYSE:VTR)

Teachers Retirement System of The State of Kentucky reduced its position in shares of Ventas, Inc. (NYSE:VTR) by 3.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 34,584 shares of the real estate investment trust’s stock after selling 1,419 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in Ventas were worth $1,724,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in VTR. Bruce G. Allen Investments LLC bought a new position in shares of Ventas during the 4th quarter valued at approximately $25,000. Manchester Capital Management LLC grew its stake in shares of Ventas by 77.9% during the 4th quarter. Manchester Capital Management LLC now owns 514 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 225 shares during the period. Jones Financial Companies Lllp grew its stake in shares of Ventas by 151.1% during the 3rd quarter. Jones Financial Companies Lllp now owns 796 shares of the real estate investment trust’s stock valued at $34,000 after acquiring an additional 479 shares during the period. Gradient Investments LLC grew its stake in shares of Ventas by 82.7% during the 4th quarter. Gradient Investments LLC now owns 718 shares of the real estate investment trust’s stock valued at $36,000 after acquiring an additional 325 shares during the period. Finally, EdgeRock Capital LLC bought a new position in shares of Ventas during the 4th quarter valued at approximately $37,000. 94.18% of the stock is currently owned by institutional investors.

Insider Transactions at Ventas

In other news, Director Walter C. Rakowich sold 2,145 shares of the company’s stock in a transaction that occurred on Wednesday, May 15th. The stock was sold at an average price of $48.40, for a total transaction 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, Director Walter C. Rakowich sold 2,145 shares of the company’s stock in a transaction that occurred on Wednesday, May 15th. The stock was sold at an average price of $48.40, for a total transaction 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Gregory R. Liebbe sold 14,625 shares of the company’s stock in a transaction that occurred on Friday, May 10th. The stock was sold at an average price of $47.70, for a total value of $697,612.50. Following the sale, the chief accounting officer now directly owns 12,524 shares in the company, valued at $597,394.80. 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 ninety days. Corporate insiders own 1.00% of the company’s stock.

Wall Street Analysts Forecast Growth

VTR has been the subject of a number of recent research reports. Evercore ISI upgraded Ventas from an “in-line” rating to an “outperform” rating and set a $50.00 price objective for the company in a research note on Monday, March 18th. Wells Fargo & Company boosted their price objective on Ventas from $46.00 to $49.00 and gave the company an “equal weight” rating in a research note on Thursday, May 30th. Finally, Scotiabank boosted their price objective on Ventas from $47.00 to $51.00 and gave the company a “sector perform” rating in a research note on Thursday, May 16th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat.com, Ventas currently has an average rating of “Moderate Buy” and a consensus price target of $51.46.

Ventas Stock Up 0.7 %

Shares of VTR opened at $50.42 on Friday. The stock has a market capitalization of $20.41 billion, a price-to-earnings ratio of -265.35, a price-to-earnings-growth ratio of 2.59 and a beta of 1.33. Ventas, Inc. has a 1 year low of $39.33 and a 1 year high of $50.99. The business’s 50 day simple moving average is $47.30 and its 200-day simple moving average is $46.38. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.63 and a quick ratio of 0.63.

Ventas Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 18th. Stockholders of record on Monday, July 1st will be issued a dividend of $0.45 per share. The ex-dividend date is Monday, July 1st. This represents a $1.80 annualized dividend and a dividend yield of 3.57%. Ventas’s dividend payout ratio (DPR) is -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.