Sei Investments Co. Buys 348,586 Shares of Ventas, Inc. (NYSE:VTR)

Sei Investments Co. grew its stake in shares of Ventas, Inc. (NYSE:VTR) by 62.5% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 905,975 shares of the real estate investment trust’s stock after buying an additional 348,586 shares during the period. Sei Investments Co. owned approximately 0.22% of Ventas worth $46,440,000 as of its most recent filing with the SEC.

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

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. Wells Fargo & Company raised their price target on shares of Ventas from $46.00 to $49.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 30th. Royal Bank of Canada boosted their price target on Ventas from $52.00 to $63.00 and gave the company an “outperform” rating in a research note on Friday, August 9th. Scotiabank increased their price objective on Ventas from $55.00 to $59.00 and gave the stock a “sector perform” rating in a research note on Wednesday, August 7th. Wedbush lifted 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. Finally, Evercore ISI upped their target price on shares of Ventas from $64.00 to $70.00 and gave the stock an “outperform” rating in a report on Monday, September 16th. Three investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Ventas currently has a consensus rating of “Moderate Buy” and a consensus target price of $58.67.

Insider Transactions at Ventas

In related news, CEO Peter J. Bulgarelli sold 6,000 shares of the firm’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 transaction, the chief executive officer now owns 90,795 shares in the company, valued at $5,900,767.05. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, 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 completion of the sale, the chief executive officer now owns 986,717 shares in the company, valued at approximately $56,529,016.93. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, 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 transaction of $389,940.00. Following the completion of the transaction, the chief executive officer now owns 90,795 shares in the company, valued at $5,900,767.05. The disclosure for this sale can be found here. Insiders sold a total of 77,065 shares of company stock worth $4,526,464 over the last 90 days. 1.00% of the stock is owned by insiders.

Ventas Stock Down 0.0 %

Shares of NYSE VTR opened at $62.17 on Monday. Ventas, Inc. has a 12-month low of $39.33 and a 12-month high of $65.64. The firm’s 50-day simple moving average is $58.91 and its 200 day simple moving average is $51.06. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 1.36. The company has a market cap of $25.16 billion, a price-to-earnings ratio of -327.21, a price-to-earnings-growth ratio of 2.87 and a beta of 1.36.

Ventas (NYSE:VTR) last announced its earnings results on Thursday, August 1st. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.74). The company had revenue of $1.20 billion for the quarter, compared to analyst estimates 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 in the previous year, the company posted $0.75 earnings per share. On average, research analysts expect 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. Stockholders 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 dividend yield of 2.90%. Ventas’s dividend payout ratio (DPR) is currently -947.37%.

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.