Ventas, Inc. (NYSE:VTR) Position Trimmed by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale reduced its holdings in Ventas, Inc. (NYSE:VTR) by 0.5% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 168,881 shares of the real estate investment trust’s stock after selling 859 shares during the quarter. DekaBank Deutsche Girozentrale’s holdings in Ventas were worth $10,719,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of VTR. First Community Trust NA acquired a new stake in Ventas during the second quarter worth about $25,000. ORG Partners LLC acquired a new stake in shares of Ventas during the 2nd quarter worth approximately $27,000. Global X Japan Co. Ltd. bought a new stake in shares of Ventas in the 3rd quarter worth approximately $48,000. EdgeRock Capital LLC bought a new stake in shares of Ventas in the 2nd quarter worth approximately $41,000. Finally, Friedenthal Financial acquired a new position in Ventas during the 2nd quarter valued at approximately $51,000. 94.18% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CEO Debra A. Cafaro sold 40,079 shares of the firm’s stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of $57.29, for a total transaction of $2,296,125.91. Following the completion of the transaction, the chief executive officer now owns 986,717 shares in the company, valued at approximately $56,529,016.93. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 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 transaction of $1,177,400.00. Following the completion of the sale, the chief financial officer now directly owns 156,403 shares of the company’s stock, valued at $9,207,444.61. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Debra A. Cafaro sold 40,079 shares of Ventas stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of $57.29, for a total value of $2,296,125.91. Following the completion of the transaction, the chief executive officer now directly owns 986,717 shares in the company, valued at $56,529,016.93. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 79,285 shares of company stock worth $4,714,361. 1.00% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on VTR shares. Wedbush raised their target price on Ventas from $64.00 to $71.00 and gave the company an “outperform” rating in a research note on Tuesday, September 10th. StockNews.com downgraded shares of Ventas from a “hold” rating to a “sell” rating in a research report on Monday, October 21st. Wells Fargo & Company upgraded shares of Ventas from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $61.00 to $71.00 in a research report on Tuesday, October 1st. Wolfe Research raised Ventas to a “strong-buy” rating in a report on Friday, August 9th. Finally, Scotiabank increased their price objective on Ventas from $59.00 to $65.00 and gave the stock a “sector perform” rating in a report on Friday, October 11th. 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 stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $63.63.

Ventas Trading Up 0.7 %

Ventas stock opened at $66.49 on Thursday. Ventas, Inc. has a 12-month low of $41.45 and a 12-month high of $66.98. 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 $27.47 billion, a PE ratio of -166.22, a price-to-earnings-growth ratio of 2.87 and a beta of 1.36. The firm has a 50 day simple moving average of $63.48 and a 200-day simple moving average of $55.10.

Ventas (NYSE:VTR) last issued its quarterly earnings results on Thursday, August 1st. The real estate investment trust reported $0.05 earnings per share (EPS) 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 firm had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.19 billion. During the same period in the previous year, the business posted $0.75 earnings per share. The business’s revenue for the quarter was up 8.6% compared to the same quarter last year. As a group, equities research analysts expect that Ventas, Inc. will post 3.18 EPS for the current fiscal year.

Ventas Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 17th. Investors of record on Tuesday, October 1st were issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 2.71%. The ex-dividend date of this dividend was Tuesday, October 1st. Ventas’s payout ratio is currently -449.99%.

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.