Creative Planning Acquires 4,593 Shares of Ventas, Inc. (NYSE:VTR)

Creative Planning increased its holdings in shares of Ventas, Inc. (NYSE:VTR) by 9.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 52,798 shares of the real estate investment trust’s stock after purchasing an additional 4,593 shares during the quarter. Creative Planning’s holdings in Ventas were worth $3,386,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. First Community Trust NA purchased a new position in shares of Ventas during the second quarter valued at about $25,000. ORG Partners LLC bought a new stake in Ventas in the 2nd quarter worth approximately $27,000. EdgeRock Capital LLC purchased a new stake in shares of Ventas during the 2nd quarter worth approximately $41,000. Friedenthal Financial bought a new position in shares of Ventas during the 2nd quarter valued at approximately $51,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Ventas in the second quarter valued at $61,000. Institutional investors own 94.18% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Scotiabank lifted their price target on Ventas from $59.00 to $65.00 and gave the stock a “sector perform” rating in a research report on Friday, October 11th. Royal Bank of Canada boosted their target price on Ventas from $52.00 to $63.00 and gave the company an “outperform” rating in a research report on Friday, August 9th. Evercore ISI increased their price target on Ventas from $64.00 to $70.00 and gave the company an “outperform” rating in a report on Monday, September 16th. Wolfe Research raised shares of Ventas to a “strong-buy” rating in a research note on Friday, August 9th. Finally, StockNews.com downgraded shares of Ventas from a “hold” rating to a “sell” rating in a research note on Monday, October 21st. One research analyst has rated the stock with a sell rating, one has given a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $63.63.

Insider Activity

In other news, CFO Robert F. Probst sold 20,000 shares of the company’s stock in a transaction on Thursday, August 8th. The stock was sold at an average price of $58.87, for a total value of $1,177,400.00. Following the transaction, the chief financial officer now owns 156,403 shares of the company’s stock, valued at $9,207,444.61. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, CEO Peter J. Bulgarelli sold 3,784 shares of the company’s stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $55.24, for a total value of $209,028.16. Following the completion of the sale, the chief executive officer now owns 104,295 shares in the company, valued at $5,761,255.80. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Robert F. Probst sold 20,000 shares of the firm’s stock in a transaction on Thursday, August 8th. The stock was sold at an average price of $58.87, for a total transaction of $1,177,400.00. Following the completion of the sale, the chief financial officer now owns 156,403 shares of the company’s stock, valued at $9,207,444.61. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 77,065 shares of company stock valued at $4,526,464 in the last 90 days. Company insiders own 1.00% of the company’s stock.

Ventas Price Performance

Shares of Ventas stock opened at $64.97 on Friday. The firm has a market cap of $26.84 billion, a PE ratio of -163.05, a P/E/G ratio of 2.87 and a beta of 1.36. The business has a 50-day moving average price of $62.93 and a 200 day moving average price of $54.39. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 1.36. Ventas, Inc. has a twelve month low of $40.98 and a twelve month high of $66.22.

Ventas (NYSE:VTR) last posted 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). The firm had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.19 billion. Ventas had a negative return on equity of 1.63% and a negative net margin of 3.33%. Ventas’s quarterly revenue was up 8.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.75 earnings per share. Sell-side analysts predict that Ventas, Inc. will post 3.18 earnings per share for the current fiscal year.

Ventas Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 17th. Shareholders of record on Tuesday, October 1st were issued a $0.45 dividend. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $1.80 annualized dividend and a yield of 2.77%. Ventas’s payout ratio is -449.99%.

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.