Ventas, Inc. (NYSE:VTR) Shares Sold by 1832 Asset Management L.P.

1832 Asset Management L.P. cut its holdings in Ventas, Inc. (NYSE:VTR) by 2.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 781,381 shares of the real estate investment trust’s stock after selling 19,500 shares during the quarter. 1832 Asset Management L.P. owned 0.19% of Ventas worth $40,054,000 as of its most recent SEC filing.

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

Insider Buying and Selling

In other Ventas news, CEO Peter J. Bulgarelli sold 6,000 shares of Ventas 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 approximately $5,900,767.05. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other Ventas news, CEO Debra A. Cafaro sold 40,079 shares of the 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 owns 986,717 shares of the company’s stock, valued at $56,529,016.93. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Peter J. Bulgarelli sold 6,000 shares of the business’s stock in a transaction 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 sale, the chief executive officer now directly owns 90,795 shares of the company’s stock, valued at $5,900,767.05. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 77,065 shares of company stock worth $4,526,464. 1.00% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on VTR. Wells Fargo & Company raised their price objective on Ventas from $46.00 to $49.00 and gave the company an “equal weight” rating in a research note on Thursday, May 30th. Evercore ISI raised their price target on Ventas from $64.00 to $70.00 and gave the company an “outperform” rating in a research report on Monday, September 16th. Wedbush boosted their price objective on shares of Ventas from $64.00 to $71.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 10th. Royal Bank of Canada raised their target price on shares of Ventas from $52.00 to $63.00 and gave the company an “outperform” rating in a report on Friday, August 9th. Finally, Wolfe Research upgraded shares of Ventas to a “strong-buy” rating in a research report on Friday, August 9th. Three investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $58.67.

Ventas Price Performance

Ventas stock opened at $62.17 on Monday. The stock has a market capitalization of $25.16 billion, a P/E ratio of -327.21, a P/E/G ratio of 2.87 and a beta 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 debt-to-equity ratio of 1.36, a current ratio of 0.58 and a quick ratio of 0.58. The firm’s 50-day moving average is $58.91 and its two-hundred day moving average is $51.06.

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

Ventas Dividend Announcement

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. The ex-dividend date is Tuesday, October 1st. This represents a $1.80 annualized dividend and a yield of 2.90%. Ventas’s dividend payout ratio (DPR) is presently -947.37%.

Ventas 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.