Envestnet Asset Management Inc. Purchases 31,616 Shares of Ventas, Inc. (NYSE:VTR)

Envestnet Asset Management Inc. lifted its position in shares of Ventas, Inc. (NYSE:VTR) by 8.4% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 405,985 shares of the real estate investment trust’s stock after acquiring an additional 31,616 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.10% of Ventas worth $20,811,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Federated Hermes Inc. boosted its position in Ventas by 109.5% during the second quarter. Federated Hermes Inc. now owns 7,678 shares of the real estate investment trust’s stock worth $394,000 after purchasing an additional 4,013 shares during the period. Morningstar Investment Management LLC purchased a new position in Ventas in the 2nd quarter valued at approximately $218,000. DekaBank Deutsche Girozentrale raised its holdings in Ventas by 1.7% during the 2nd quarter. DekaBank Deutsche Girozentrale now owns 169,740 shares of the real estate investment trust’s stock valued at $8,596,000 after acquiring an additional 2,842 shares during the period. American Century Companies Inc. lifted its position in shares of Ventas by 31.8% during the second quarter. American Century Companies Inc. now owns 1,257,474 shares of the real estate investment trust’s stock worth $64,458,000 after acquiring an additional 303,730 shares in the last quarter. Finally, Daiwa Securities Group Inc. boosted its holdings in shares of Ventas by 0.3% in the second quarter. Daiwa Securities Group Inc. now owns 174,692 shares of the real estate investment trust’s stock worth $8,955,000 after acquiring an additional 449 shares during the period. Hedge funds and other institutional investors own 94.18% of the company’s stock.

Insider Buying and Selling at Ventas

In other 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 sale, the chief executive officer now directly owns 104,295 shares in the company, valued at approximately $5,761,255.80. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, CEO Peter J. Bulgarelli sold 6,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $64.99, for a total transaction of $389,940.00. Following the transaction, the chief executive officer now directly owns 90,795 shares in the company, valued at approximately $5,900,767.05. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, 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 sale, the chief executive officer now owns 104,295 shares of the company’s stock, valued at approximately $5,761,255.80. The disclosure for this sale can be found here. Insiders have sold 77,065 shares of company stock worth $4,526,464 over the last ninety days. Insiders own 1.00% of the company’s stock.

Ventas Price Performance

Shares of NYSE:VTR opened at $62.17 on Monday. The company’s fifty day moving average price is $58.91 and its 200-day moving average price is $51.06. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.58 and a quick ratio of 0.58. The firm has a market capitalization 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, Inc. has a one year low of $39.33 and a one year high of $65.64.

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

Ventas Announces Dividend

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

Analyst Ratings Changes

A number of research firms recently issued reports on VTR. Wolfe Research upgraded Ventas to a “strong-buy” rating in a research note on Friday, August 9th. Royal Bank of Canada increased their price target on shares of Ventas from $52.00 to $63.00 and gave the stock an “outperform” rating in a report on Friday, August 9th. Evercore ISI boosted their price objective on shares of Ventas from $64.00 to $70.00 and gave the company an “outperform” rating in a research note on Monday, September 16th. StockNews.com raised shares of Ventas from a “sell” rating to a “hold” rating in a report on Wednesday, July 10th. Finally, Wells Fargo & Company raised their price target on shares of Ventas from $46.00 to $49.00 and gave the company an “equal weight” rating in a report on Thursday, May 30th. Three equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Ventas currently has an average rating of “Moderate Buy” and an average target price of $58.67.

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.