Teachers Retirement System of The State of Kentucky Has $1.64 Million Stock Position in Ventas, Inc. (NYSE:VTR)

Teachers Retirement System of The State of Kentucky trimmed its holdings in Ventas, Inc. (NYSE:VTR) by 2.7% in the 2nd quarter, Holdings Channel reports. The fund owned 31,935 shares of the real estate investment trust’s stock after selling 893 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in Ventas were worth $1,637,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also made changes to their positions in the stock. First Community Trust NA acquired a new stake in Ventas during the second quarter valued at approximately $25,000. ORG Partners LLC acquired a new stake in Ventas in the 2nd quarter valued at $27,000. First Financial Corp IN bought a new stake in Ventas in the first quarter valued at $30,000. EdgeRock Capital LLC acquired a new position in Ventas during the second quarter worth $41,000. Finally, Friedenthal Financial bought a new stake in shares of Ventas in the 2nd quarter worth about $51,000. Institutional investors and hedge funds own 94.18% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on VTR. Wedbush boosted their target price on Ventas from $64.00 to $71.00 and gave the stock an “outperform” rating in a report on Tuesday, September 10th. Royal Bank of Canada lifted their price target on Ventas from $52.00 to $63.00 and gave the company an “outperform” rating in a report on Friday, August 9th. StockNews.com upgraded shares of Ventas from a “sell” rating to a “hold” rating in a research report on Wednesday, July 10th. Wells Fargo & Company upgraded shares of Ventas from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $61.00 to $71.00 in a research report on Tuesday. Finally, Evercore ISI increased their price objective on Ventas from $64.00 to $70.00 and gave the company an “outperform” rating in a research report on Monday, September 16th. Two equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Ventas presently has an average rating of “Moderate Buy” and a consensus price target of $61.11.

Ventas Trading Down 0.1 %

NYSE VTR opened at $62.53 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. The stock has a market capitalization of $25.83 billion, a price-to-earnings ratio of -329.09, a PEG ratio of 2.80 and a beta of 1.36. Ventas, Inc. has a one year low of $39.33 and a one year high of $65.64. The business’s fifty day moving average is $60.98 and its 200-day moving average is $52.37.

Ventas (NYSE:VTR) last issued its quarterly earnings data on Thursday, August 1st. The real estate investment trust reported $0.05 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.74). Ventas had a negative return on equity of 1.63% and a negative net margin of 3.33%. The business had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.19 billion. During the same period in the previous year, the firm posted $0.75 EPS. The firm’s revenue for the quarter was up 8.6% compared to the same quarter last year. Equities research analysts predict that Ventas, Inc. will post 3.18 EPS for the current year.

Ventas Announces Dividend

The firm also recently disclosed 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. The ex-dividend date is Tuesday, October 1st. This represents a $1.80 annualized dividend and a yield of 2.88%. Ventas’s payout ratio is -947.32%.

Insiders Place Their Bets

In other news, CEO Peter J. Bulgarelli sold 6,000 shares of the firm’s stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $64.99, for a total value of $389,940.00. Following the transaction, the chief executive officer now owns 90,795 shares of the company’s stock, valued at $5,900,767.05. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, CEO Peter J. Bulgarelli sold 6,000 shares of Ventas stock in a transaction dated 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 transaction, the chief executive officer now directly owns 90,795 shares of the company’s stock, valued at approximately $5,900,767.05. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Debra A. Cafaro sold 6,827 shares of the stock in a transaction on Thursday, September 5th. The stock was sold at an average price of $63.20, for a total value of $431,466.40. Following the completion of the sale, the chief executive officer now owns 986,717 shares in the company, valued at approximately $62,360,514.40. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 77,065 shares of company stock valued at $4,526,464. Company insiders own 1.00% of the company’s stock.

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.