Farther Finance Advisors LLC lifted its stake in Ventas, Inc. (NYSE:VTR – Free Report) by 74.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,258 shares of the real estate investment trust’s stock after purchasing an additional 1,388 shares during the period. Farther Finance Advisors LLC’s holdings in Ventas were worth $209,000 at the end of the most recent quarter.
Several other institutional investors also recently added to or reduced their stakes in the stock. First Community Trust NA bought a new position in Ventas in the 2nd quarter worth about $25,000. ORG Partners LLC bought a new stake in shares of Ventas during the second quarter valued at approximately $27,000. EdgeRock Capital LLC purchased a new stake in shares of Ventas in the second quarter valued at approximately $41,000. Global X Japan Co. Ltd. bought a new position in Ventas in the third quarter worth approximately $48,000. Finally, Friedenthal Financial purchased a new position in Ventas during the 2nd quarter worth $51,000. Hedge funds and other institutional investors own 94.18% of the company’s stock.
Ventas Trading Up 1.1 %
NYSE VTR opened at $65.15 on Friday. Ventas, Inc. has a 52 week low of $41.45 and a 52 week high of $67.61. The company has a 50 day moving average price of $64.04 and a 200 day moving average price of $56.08. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.39. The firm has a market cap of $27.32 billion, a PE ratio of -383.24, a price-to-earnings-growth ratio of 2.81 and a beta of 1.36.
Ventas Announces Dividend
Insider Transactions at Ventas
In related news, CEO Debra A. Cafaro sold 121,248 shares of the company’s stock in a transaction dated Tuesday, October 29th. The stock was sold at an average price of $66.17, for a total transaction of $8,022,980.16. Following the transaction, the chief executive officer now directly owns 986,717 shares of the company’s stock, valued at $65,291,063.89. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. In other news, CEO Debra A. Cafaro sold 6,827 shares of the firm’s stock in a transaction dated 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 transaction, the chief executive officer now directly owns 986,717 shares in the company, valued at $62,360,514.40. This trade 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 through the SEC website. Also, CEO Debra A. Cafaro sold 121,248 shares of the company’s stock in a transaction on Tuesday, October 29th. The shares were sold at an average price of $66.17, for a total transaction of $8,022,980.16. Following the completion of the sale, the chief executive officer now directly owns 986,717 shares in the company, valued at $65,291,063.89. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 140,454 shares of company stock valued at $9,263,815 in the last quarter. 1.00% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In
VTR has been the subject of several research reports. StockNews.com upgraded Ventas from a “sell” rating to a “hold” rating in a report on Friday, November 1st. Wells Fargo & Company raised shares of Ventas from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $61.00 to $71.00 in a research note on Tuesday, October 1st. Scotiabank raised their target price on shares of Ventas from $59.00 to $65.00 and gave the company a “sector perform” rating in a research report on Friday, October 11th. Wedbush upped their price target on shares of Ventas from $64.00 to $71.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 10th. Finally, Wolfe Research raised shares of Ventas to a “strong-buy” rating in a report on Friday, August 9th. Two investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Ventas currently has a consensus rating of “Moderate Buy” and a consensus price target of $63.63.
Get Our Latest Analysis on VTR
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.
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