Park Avenue Securities LLC Has $464,000 Position in Ventas, Inc. (NYSE:VTR)

Park Avenue Securities LLC lessened its stake in shares of Ventas, Inc. (NYSE:VTR) by 6.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,649 shares of the real estate investment trust’s stock after selling 747 shares during the period. Park Avenue Securities LLC’s holdings in Ventas were worth $464,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Evoke Wealth LLC bought a new stake in shares of Ventas in the fourth quarter valued at approximately $6,947,000. International Assets Investment Management LLC grew its position in Ventas by 4,831.0% in the 4th quarter. International Assets Investment Management LLC now owns 231,856 shares of the real estate investment trust’s stock worth $11,556,000 after purchasing an additional 227,154 shares during the last quarter. Wellington Management Group LLP increased its holdings in shares of Ventas by 405.5% during the 4th quarter. Wellington Management Group LLP now owns 171,194 shares of the real estate investment trust’s stock worth $8,532,000 after purchasing an additional 137,327 shares during the period. Nomura Holdings Inc. acquired a new position in shares of Ventas during the fourth quarter valued at about $3,560,000. Finally, Mutual of America Capital Management LLC lifted its stake in shares of Ventas by 10.4% in 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 buying an additional 8,199 shares during the period. Institutional investors own 94.18% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Ventas Trading Up 0.9 %

Shares of VTR stock opened at $51.26 on Friday. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 1.43. The company has a market capitalization of $20.75 billion, a P/E ratio of -269.79, a P/E/G ratio of 2.64 and a beta of 1.33. Ventas, Inc. has a 12-month low of $39.33 and a 12-month high of $51.26. The firm has a 50-day moving average price of $48.11 and a 200 day moving average price of $46.52.

Ventas Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 18th. Stockholders of record on Monday, July 1st will be paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 3.51%. The ex-dividend date is Monday, July 1st. Ventas’s dividend payout ratio (DPR) is currently -947.37%.

Insider Transactions at Ventas

In related news, CFO Robert F. Probst sold 18,500 shares of the firm’s stock in a transaction on 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 of the company’s stock, valued at approximately $8,310,345.33. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other Ventas news, CFO Robert F. Probst sold 18,500 shares of the stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of $47.11, for a total transaction of $871,535.00. Following the sale, the chief financial officer now owns 176,403 shares of the company’s stock, valued at approximately $8,310,345.33. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CAO Gregory R. Liebbe sold 14,625 shares of the business’s stock in a transaction dated Friday, May 10th. The stock was sold at an average price of $47.70, for a total transaction of $697,612.50. Following the completion of the transaction, the chief accounting officer now directly owns 12,524 shares of the company’s stock, 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 three months. 1.00% of the stock is owned by corporate 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.