ICA Group Wealth Management LLC Takes $97,000 Position in Ventas, Inc. (NYSE:VTR)

ICA Group Wealth Management LLC bought a new stake in shares of Ventas, Inc. (NYSE:VTR) during the 4th quarter, according to its most recent filing with the SEC. The fund bought 1,937 shares of the real estate investment trust’s stock, valued at approximately $97,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Bruce G. Allen Investments LLC bought a new stake in shares of Ventas in the 4th quarter valued at approximately $25,000. Manchester Capital Management LLC raised its stake in Ventas by 77.9% during the fourth quarter. Manchester Capital Management LLC now owns 514 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 225 shares in the last quarter. Jones Financial Companies Lllp raised its stake in Ventas by 151.1% during the third quarter. Jones Financial Companies Lllp now owns 796 shares of the real estate investment trust’s stock worth $34,000 after acquiring an additional 479 shares in the last quarter. Gradient Investments LLC lifted its holdings in shares of Ventas by 82.7% during the fourth quarter. Gradient Investments LLC now owns 718 shares of the real estate investment trust’s stock valued at $36,000 after acquiring an additional 325 shares during the period. Finally, EdgeRock Capital LLC acquired a new stake in shares of Ventas in the 4th quarter valued at $37,000. Institutional investors own 94.18% of the company’s stock.

Insider Activity at Ventas

In other Ventas news, CAO Gregory R. Liebbe sold 14,625 shares of the company’s stock in a transaction on Friday, May 10th. The shares were sold at an average price of $47.70, for a total transaction of $697,612.50. Following the completion of the sale, the chief accounting officer now owns 12,524 shares in the company, valued at approximately $597,394.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, CAO Gregory R. Liebbe sold 14,625 shares of the business’s stock in a transaction dated Friday, May 10th. The stock was sold at an average price of $47.70, for a total transaction of $697,612.50. Following the completion of the transaction, the chief accounting officer now directly owns 12,524 shares in the company, valued at approximately $597,394.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Robert F. Probst sold 18,500 shares of the company’s stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of $47.11, for a total value of $871,535.00. Following the completion of the sale, the chief financial officer now directly owns 176,403 shares of the company’s stock, valued at $8,310,345.33. The disclosure for this sale can be found here. Insiders have sold 35,270 shares of company stock worth $1,672,966 over the last ninety days. Company insiders own 1.00% of the company’s stock.

Analyst Ratings Changes

VTR has been the subject of a number of recent analyst reports. Evercore ISI upgraded shares of Ventas from an “in-line” rating to an “outperform” rating and set a $50.00 target price for the company in a research report on Monday, March 18th. Wells Fargo & Company boosted their target price on Ventas from $46.00 to $49.00 and gave the stock an “equal weight” rating in a report on Thursday, May 30th. Finally, Scotiabank raised their price target on Ventas from $47.00 to $51.00 and gave the company a “sector perform” rating in a report on Thursday, May 16th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $51.46.

Ventas Price Performance

Shares of VTR stock opened at $50.00 on Tuesday. Ventas, Inc. has a 12 month low of $39.33 and a 12 month high of $50.99. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 1.43. The stock has a 50-day moving average price of $46.73 and a 200 day moving average price of $46.28.

Ventas Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 18th. Investors of record on Monday, July 1st will be paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 3.60%. The ex-dividend date is Monday, July 1st. Ventas’s dividend payout ratio (DPR) is -947.32%.

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.