Ventas, Inc. (NYSE:VTR) Position Boosted by Quarry LP

Quarry LP boosted its holdings in Ventas, Inc. (NYSE:VTR) by 407.9% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,697 shares of the real estate investment trust’s stock after acquiring an additional 2,166 shares during the period. Quarry LP’s holdings in Ventas were worth $138,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. First Community Trust NA bought a new position in Ventas in the second quarter worth about $25,000. ORG Partners LLC bought a new position in Ventas in the second quarter worth about $27,000. First Financial Corp IN bought a new position in Ventas in the first quarter worth about $30,000. EdgeRock Capital LLC bought a new position in Ventas in the second quarter worth about $41,000. Finally, Friedenthal Financial bought a new position in Ventas in the second quarter worth about $51,000. Institutional investors own 94.18% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. Evercore ISI raised 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. Wolfe Research raised Ventas to a “strong-buy” rating in a report on Friday, August 9th. Royal Bank of Canada lifted their price target on Ventas from $52.00 to $63.00 and gave the company an “outperform” rating in a report on Friday, August 9th. Scotiabank lifted their price target on Ventas from $55.00 to $59.00 and gave the company a “sector perform” rating in a report on Wednesday, August 7th. Finally, Wedbush lifted their price target on Ventas from $64.00 to $71.00 and gave the company an “outperform” rating in a report on Tuesday, September 10th. Three 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. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $58.67.

Insider Buying and Selling

In related news, CFO Robert F. Probst sold 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 8th. The shares were sold at an average price of $58.87, for a total value of $1,177,400.00. Following the completion of the transaction, the chief financial officer now owns 156,403 shares of the company’s stock, valued at approximately $9,207,444.61. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other Ventas news, CEO Peter J. Bulgarelli sold 6,000 shares of Ventas 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 completion of the sale, the chief executive officer now owns 90,795 shares of the company’s stock, valued at approximately $5,900,767.05. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Robert F. Probst sold 20,000 shares of Ventas 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 directly owns 156,403 shares of the company’s stock, valued at approximately $9,207,444.61. The disclosure for this sale can be found here. In the last 90 days, insiders sold 77,065 shares of company stock valued at $4,526,464. Company insiders own 1.00% of the company’s stock.

Ventas Price Performance

NYSE VTR opened at $64.13 on Tuesday. 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 $26.50 billion, a PE ratio of -337.51, a P/E/G ratio of 2.82 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’s 50 day simple moving average is $60.22 and its 200 day simple moving average is $51.93.

Ventas (NYSE:VTR) last posted its quarterly earnings data on Thursday, August 1st. The real estate investment trust reported $0.05 EPS for the quarter, missing analysts’ consensus estimates 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 analyst estimates of $1.19 billion. During the same period in the prior year, the business posted $0.75 EPS. The company’s revenue for the quarter was up 8.6% on a year-over-year basis. As a group, equities research analysts forecast that Ventas, Inc. will post 3.18 EPS for the current fiscal year.

Ventas Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 17th. Investors of record on Tuesday, October 1st will be paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 2.81%. The ex-dividend date is Tuesday, October 1st. Ventas’s dividend payout ratio 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.