Ventas, Inc. (NYSE:VTR) Shares Purchased by Mackenzie Financial Corp

Mackenzie Financial Corp boosted its position in shares of Ventas, Inc. (NYSE:VTR) by 1,247.7% in the 2nd quarter, HoldingsChannel reports. The fund owned 496,531 shares of the real estate investment trust’s stock after acquiring an additional 459,689 shares during the period. Mackenzie Financial Corp’s holdings in Ventas were worth $25,452,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Profund Advisors LLC lifted its position in shares of Ventas by 3.3% during the 2nd quarter. Profund Advisors LLC now owns 6,270 shares of the real estate investment trust’s stock worth $321,000 after purchasing an additional 199 shares during the last quarter. Bessemer Group Inc. boosted its position in shares of Ventas by 4.6% during the 1st quarter. Bessemer Group Inc. now owns 5,292 shares of the real estate investment trust’s stock worth $230,000 after acquiring an additional 234 shares in the last quarter. QRG Capital Management Inc. increased its holdings in shares of Ventas by 1.1% in the 1st quarter. QRG Capital Management Inc. now owns 24,383 shares of the real estate investment trust’s stock valued at $1,062,000 after acquiring an additional 258 shares during the last quarter. Dakota Wealth Management increased its holdings in shares of Ventas by 1.0% in the 2nd quarter. Dakota Wealth Management now owns 33,717 shares of the real estate investment trust’s stock valued at $1,728,000 after acquiring an additional 322 shares during the last quarter. Finally, Czech National Bank raised its position in shares of Ventas by 0.5% during the 1st quarter. Czech National Bank now owns 70,799 shares of the real estate investment trust’s stock worth $3,083,000 after acquiring an additional 325 shares in the last quarter. 94.18% of the stock is owned by hedge funds and other institutional investors.

Ventas Trading Up 0.0 %

Shares of Ventas stock opened at $63.84 on Friday. The firm has a market cap of $26.38 billion, a price-to-earnings ratio of -335.98, a price-to-earnings-growth ratio of 2.83 and a beta of 1.36. Ventas, Inc. has a 52-week low of $39.33 and a 52-week high of $65.64. The company’s 50-day simple moving average is $60.01 and its 200-day simple moving average is $51.72. 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 (NYSE:VTR) last released its earnings results on Thursday, August 1st. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.79 by ($0.74). The business had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.19 billion. Ventas had a negative return on equity of 1.63% and a negative net margin of 3.33%. The business’s revenue for the quarter was up 8.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.75 EPS. As a group, equities research analysts anticipate that Ventas, Inc. will post 3.18 earnings per share for the current year.

Ventas Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 17th. Shareholders of record on Tuesday, October 1st will be issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 2.82%. The ex-dividend date is Tuesday, October 1st. Ventas’s dividend payout ratio (DPR) is currently -947.32%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Royal Bank of Canada upped 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. Evercore ISI increased their target price on shares of Ventas from $64.00 to $70.00 and gave the company an “outperform” rating in a research report on Monday, September 16th. Scotiabank boosted their price target on shares of Ventas from $55.00 to $59.00 and gave the company a “sector perform” rating in a research report on Wednesday, August 7th. StockNews.com upgraded shares of Ventas from a “sell” rating to a “hold” rating in a research note on Wednesday, July 10th. Finally, Wedbush lifted their target price on Ventas from $64.00 to $71.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 10th. Three equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $58.67.

Insiders Place Their Bets

In other news, CEO Peter J. Bulgarelli sold 3,784 shares of the stock in a transaction dated 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 transaction, the chief executive officer now owns 104,295 shares in the company, valued at approximately $5,761,255.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CEO Debra A. Cafaro sold 40,079 shares of the firm’s stock in a transaction on 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 owns 986,717 shares in the company, valued at $56,529,016.93. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Peter J. Bulgarelli sold 3,784 shares of the business’s stock in a transaction dated 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 in the company, valued at $5,761,255.80. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 77,065 shares of company stock worth $4,526,464. Corporate 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.