Canada Pension Plan Investment Board Purchases 7,585 Shares of Ventas, Inc. (NYSE:VTR)

Canada Pension Plan Investment Board lifted its position in shares of Ventas, Inc. (NYSE:VTR) by 0.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,756,752 shares of the real estate investment trust’s stock after purchasing an additional 7,585 shares during the period. Canada Pension Plan Investment Board’s holdings in Ventas were worth $90,051,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the company. Centersquare Investment Management LLC lifted its holdings in shares of Ventas by 11.5% during the first quarter. Centersquare Investment Management LLC now owns 7,806,396 shares of the real estate investment trust’s stock worth $345,667,000 after buying an additional 802,546 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Ventas by 1.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 5,931,538 shares of the real estate investment trust’s stock valued at $304,047,000 after purchasing an additional 96,482 shares during the period. Price T Rowe Associates Inc. MD grew its position in shares of Ventas by 8.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,489,159 shares of the real estate investment trust’s stock worth $239,000,000 after purchasing an additional 413,564 shares in the last quarter. Massachusetts Financial Services Co. MA acquired a new stake in shares of Ventas in the second quarter valued at approximately $135,425,000. Finally, Cbre Investment Management Listed Real Assets LLC boosted its stake in shares of Ventas by 65.6% in the fourth quarter. Cbre Investment Management Listed Real Assets LLC now owns 1,486,572 shares of the real estate investment trust’s stock valued at $74,091,000 after buying an additional 588,818 shares during the period. 94.18% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

VTR has been the subject of several analyst reports. Wolfe Research raised Ventas to a “strong-buy” rating in a report on Friday, August 9th. StockNews.com raised shares of Ventas from a “sell” rating to a “hold” rating in a report on Wednesday, July 10th. Royal Bank of Canada increased their price target on shares of Ventas from $52.00 to $63.00 and gave the stock an “outperform” rating in a research report on Friday, August 9th. Wedbush upped their target price on Ventas from $64.00 to $71.00 and gave the stock an “outperform” rating in a research note on Tuesday, September 10th. Finally, Wells Fargo & Company lifted their price target on Ventas from $46.00 to $49.00 and gave the company an “equal weight” rating in a research note on Thursday, May 30th. Three investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $57.90.

Insiders Place Their Bets

In other news, CEO Peter J. Bulgarelli sold 6,000 shares of the stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $64.99, for a total transaction of $389,940.00. Following the completion of the sale, the chief executive officer now directly owns 90,795 shares in the company, valued at $5,900,767.05. The transaction was disclosed in a filing with the SEC, which is available at this link. In related news, CEO Peter J. Bulgarelli sold 3,784 shares of the firm’s stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $55.24, for a total transaction of $209,028.16. Following the completion of the sale, the chief executive officer now owns 104,295 shares of the company’s stock, valued at $5,761,255.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Peter J. Bulgarelli sold 6,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of $64.99, for a total value of $389,940.00. Following the completion of the transaction, the chief executive officer now directly owns 90,795 shares in the company, valued at $5,900,767.05. The disclosure for this sale can be found here. In the last 90 days, insiders sold 77,065 shares of company stock worth $4,526,464. 1.00% of the stock is currently owned by insiders.

Ventas Trading Down 0.0 %

VTR opened at $62.17 on Friday. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.58 and a quick ratio of 0.58. Ventas, Inc. has a fifty-two week low of $39.33 and a fifty-two week high of $65.64. The company’s 50 day moving average price is $58.91 and its two-hundred day moving average price is $50.96. The firm has a market capitalization of $25.16 billion, a price-to-earnings ratio of -327.21, a PEG ratio of 2.87 and a beta of 1.36.

Ventas (NYSE:VTR) last posted its quarterly earnings data on Thursday, August 1st. The real estate investment trust reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.74). Ventas had a negative net margin of 3.33% and a negative return on equity of 1.63%. The company had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.19 billion. During the same quarter in the previous year, the company earned $0.75 earnings per share. The business’s revenue for the quarter was up 8.6% on a year-over-year basis. As a group, research analysts predict that Ventas, Inc. will post 3.18 earnings per share for the current year.

Ventas Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 17th. Investors of record on Tuesday, October 1st will be issued a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 2.90%. The ex-dividend date of this dividend is Tuesday, October 1st. Ventas’s payout ratio is presently -947.37%.

Ventas Company Profile

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.