Ballentine Partners LLC Acquires 304 Shares of Ventas, Inc. (NYSE:VTR)

Ballentine Partners LLC boosted its holdings in Ventas, Inc. (NYSE:VTR) by 3.3% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 9,541 shares of the real estate investment trust’s stock after purchasing an additional 304 shares during the quarter. Ballentine Partners LLC’s holdings in Ventas were worth $612,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. First Community Trust NA purchased a new stake in shares of Ventas in the 2nd quarter worth approximately $25,000. ORG Partners LLC bought a new position in shares of Ventas during the second quarter valued at $27,000. EdgeRock Capital LLC purchased a new position in shares of Ventas in the 2nd quarter worth about $41,000. Global X Japan Co. Ltd. bought a new position in Ventas in the 3rd quarter worth about $48,000. Finally, Friedenthal Financial purchased a new stake in Ventas during the 2nd quarter valued at about $51,000. Institutional investors own 94.18% of the company’s stock.

Insider Activity at Ventas

In other Ventas news, CEO Peter J. Bulgarelli sold 6,000 shares of the company’s stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $64.99, for a total value of $389,940.00. Following the completion of the sale, the chief executive officer now owns 90,795 shares in the company, valued at $5,900,767.05. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, CEO Peter J. Bulgarelli sold 6,000 shares of the stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of $64.99, for a total value of $389,940.00. Following the completion of the sale, the chief executive officer now directly owns 90,795 shares of the company’s stock, valued at approximately $5,900,767.05. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Debra A. Cafaro sold 40,079 shares of Ventas stock in a transaction that occurred on 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 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 77,065 shares of company stock worth $4,526,464. Corporate insiders own 1.00% of the company’s stock.

Ventas Stock Down 1.5 %

VTR stock opened at $64.97 on Monday. The company has a market cap of $26.30 billion, a price-to-earnings ratio of -341.95, a P/E/G ratio of 2.87 and a beta of 1.36. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.58 and a current ratio of 0.58. The business’s 50-day moving average is $63.06 and its two-hundred day moving average is $54.70. Ventas, Inc. has a fifty-two week low of $40.98 and a fifty-two week high of $66.22.

Ventas (NYSE:VTR) last issued its quarterly earnings data on Thursday, August 1st. The real estate investment trust reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.79 by ($0.74). The business had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.19 billion. Ventas had a negative return on equity of 1.63% and a negative net margin of 3.33%. Ventas’s revenue for the quarter was up 8.6% on a year-over-year basis. During the same quarter last year, the company earned $0.75 EPS. As a group, analysts forecast that Ventas, Inc. will post 3.18 earnings per share for the current year.

Ventas Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 17th. Stockholders of record on Tuesday, October 1st were paid a $0.45 dividend. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $1.80 annualized dividend and a dividend yield of 2.77%. Ventas’s dividend payout ratio (DPR) is -947.37%.

Analyst Ratings Changes

VTR has been the subject of several recent analyst reports. StockNews.com cut shares of Ventas from a “hold” rating to a “sell” rating in a report on Monday, October 21st. Wedbush boosted their price objective on shares of Ventas from $64.00 to $71.00 and gave the stock an “outperform” rating in a report on Tuesday, September 10th. Evercore ISI increased their target price on Ventas from $64.00 to $70.00 and gave the company an “outperform” rating in a research note on Monday, September 16th. Wolfe Research raised Ventas to a “strong-buy” rating in a report on Friday, August 9th. Finally, Scotiabank upped their price target on Ventas from $59.00 to $65.00 and gave the company a “sector perform” rating in a report on Friday, October 11th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $63.63.

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.