BSN CAPITAL PARTNERS Ltd Invests $10.85 Million in Ventas, Inc. (NYSE:VTR)

BSN CAPITAL PARTNERS Ltd purchased a new position in Ventas, Inc. (NYSE:VTR) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 169,200 shares of the real estate investment trust’s stock, valued at approximately $10,851,000. Ventas comprises 2.1% of BSN CAPITAL PARTNERS Ltd’s holdings, making the stock its 23rd largest position.

Several other institutional investors and hedge funds also recently bought and sold shares of VTR. Massachusetts Financial Services Co. MA purchased a new position in Ventas during the second quarter valued at $135,425,000. ANTIPODES PARTNERS Ltd bought a new stake in Ventas during the second quarter valued at about $73,517,000. Centersquare Investment Management LLC raised its holdings in Ventas by 11.5% during the first quarter. Centersquare Investment Management LLC now owns 7,806,396 shares of the real estate investment trust’s stock valued at $345,667,000 after acquiring an additional 802,546 shares during the period. Zurich Insurance Group Ltd FI raised its holdings in Ventas by 217.4% during the second quarter. Zurich Insurance Group Ltd FI now owns 856,525 shares of the real estate investment trust’s stock valued at $43,905,000 after acquiring an additional 586,676 shares during the period. Finally, Mackenzie Financial Corp raised its holdings in Ventas by 1,247.7% during the second quarter. Mackenzie Financial Corp now owns 496,531 shares of the real estate investment trust’s stock valued at $25,452,000 after acquiring an additional 459,689 shares during the period. 94.18% of the stock is currently owned by hedge funds and other institutional investors.

Ventas Trading Up 0.5 %

VTR opened at $62.70 on Thursday. The stock has a market cap of $25.90 billion, a price-to-earnings ratio of -329.98, a P/E/G ratio of 2.77 and a beta of 1.36. The stock’s 50 day moving average price is $61.46 and its 200-day moving average price is $52.83. Ventas, Inc. has a one year low of $40.93 and a one year high of $65.64. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.58 and a current ratio of 0.58.

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

Ventas Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 17th. Investors of record on Tuesday, October 1st will be paid a $0.45 dividend. The ex-dividend date of this dividend is Tuesday, October 1st. This represents a $1.80 annualized dividend and a yield of 2.87%. Ventas’s dividend payout ratio (DPR) is currently -947.32%.

Wall Street Analyst Weigh In

A number of research firms have commented on VTR. Scotiabank raised their price target on Ventas from $55.00 to $59.00 and gave the company a “sector perform” rating in a report on Wednesday, August 7th. Wolfe Research raised Ventas to a “strong-buy” rating in a report on Friday, August 9th. Royal Bank of Canada lifted their target price on Ventas from $52.00 to $63.00 and gave the stock an “outperform” rating in a report on Friday, August 9th. StockNews.com raised Ventas from a “sell” rating to a “hold” rating in a report 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 report on Tuesday, September 10th. Two analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Ventas has an average rating of “Moderate Buy” and an average target price of $61.11.

Insider Buying and Selling

In related news, CEO Debra A. Cafaro sold 40,079 shares of the stock in a transaction that occurred 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 transaction, the chief executive officer now owns 986,717 shares of the company’s stock, valued at $56,529,016.93. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related news, CEO Debra A. Cafaro sold 40,079 shares of the stock in a transaction that occurred 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 transaction, the chief executive officer now owns 986,717 shares of the company’s stock, valued at $56,529,016.93. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Peter J. Bulgarelli sold 3,784 shares of the stock in a transaction that occurred on Thursday, August 1st. The stock was 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 directly owns 104,295 shares in the company, valued at approximately $5,761,255.80. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 77,065 shares of company stock valued at $4,526,464 over the last quarter. 1.00% of the stock is owned by corporate insiders.

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.