Mutual of America Capital Management LLC Has $4.42 Million Holdings in Ventas, Inc. (NYSE:VTR)

Mutual of America Capital Management LLC decreased its holdings in Ventas, Inc. (NYSE:VTR) by 2.1% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 86,272 shares of the real estate investment trust’s stock after selling 1,863 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Ventas were worth $4,422,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. First Community Trust NA bought a new position in shares of Ventas in the second quarter valued at approximately $25,000. ORG Partners LLC bought a new position in Ventas in the 2nd quarter valued at $27,000. First Financial Corp IN purchased a new stake in shares of Ventas during the 1st quarter valued at $30,000. EdgeRock Capital LLC purchased a new position in shares of Ventas in the 2nd quarter worth about $41,000. Finally, Friedenthal Financial bought a new position in Ventas during the second quarter valued at about $51,000. Institutional investors and hedge funds own 94.18% of the company’s stock.

Ventas Trading Down 0.0 %

Shares of Ventas stock opened at $62.17 on Friday. The company’s 50-day moving average price is $58.91 and its 200-day moving average price is $51.01. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 1.36. Ventas, Inc. has a 12-month low of $39.33 and a 12-month high of $65.64. The company has a market cap of $25.16 billion, a price-to-earnings ratio of -327.21, a PEG ratio of 2.87 and a beta of 1.36.

Ventas (NYSE:VTR) last posted 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 firm had revenue of $1.20 billion during the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.75 earnings per share. On average, equities analysts expect that Ventas, Inc. will post 3.18 earnings per share for the current fiscal year.

Ventas Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 17th. Investors of record on Tuesday, October 1st will be given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 2.90%. The ex-dividend date is Tuesday, October 1st. Ventas’s payout ratio is -947.37%.

Analysts Set New Price Targets

Several analysts have commented on VTR shares. Scotiabank lifted their price objective on shares of Ventas from $55.00 to $59.00 and gave the stock a “sector perform” rating in a research report on Wednesday, August 7th. Wedbush increased their price objective on Ventas from $64.00 to $71.00 and gave the company an “outperform” rating in a report on Tuesday, September 10th. StockNews.com upgraded Ventas from a “sell” rating to a “hold” rating in a research note on Wednesday, July 10th. Wells Fargo & Company increased their price target on Ventas from $46.00 to $49.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 30th. Finally, Wolfe Research upgraded Ventas to a “strong-buy” rating in a research note on Friday, August 9th. Three analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $57.90.

Insiders Place Their Bets

In other news, 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 transaction, the chief executive officer now owns 104,295 shares of the company’s stock, valued at $5,761,255.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Ventas news, CEO Peter J. Bulgarelli sold 3,784 shares of the business’s stock in a transaction that occurred on 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 of the company’s stock, valued at approximately $5,761,255.80. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO Robert F. Probst sold 20,000 shares of the firm’s stock in a transaction on Thursday, August 8th. The shares were sold at an average price of $58.87, for a total transaction of $1,177,400.00. Following the sale, the chief financial officer now owns 156,403 shares in the company, valued at approximately $9,207,444.61. The disclosure for this sale can be found here. Insiders have sold 77,065 shares of company stock worth $4,526,464 in the last ninety days. 1.00% of the stock is currently owned by 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.