Ventas, Inc. (NYSE:VTR) Shares Sold by Truist Financial Corp

Truist Financial Corp cut its stake in Ventas, Inc. (NYSE:VTR) by 0.9% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 80,909 shares of the real estate investment trust’s stock after selling 776 shares during the period. Truist Financial Corp’s holdings in Ventas were worth $4,147,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Personal CFO Solutions LLC purchased a new stake in shares of Ventas during the 4th quarter worth about $225,000. Sei Investments Co. lifted its position in Ventas by 19.6% during the fourth quarter. Sei Investments Co. now owns 976,918 shares of the real estate investment trust’s stock valued at $48,690,000 after buying an additional 159,797 shares in the last quarter. Elo Mutual Pension Insurance Co grew its stake in Ventas by 5.2% during the fourth quarter. Elo Mutual Pension Insurance Co now owns 35,130 shares of the real estate investment trust’s stock worth $1,751,000 after buying an additional 1,723 shares during the period. Nomura Holdings Inc. acquired a new stake in shares of Ventas in the fourth quarter worth $3,560,000. Finally, Balyasny Asset Management L.P. raised its stake in shares of Ventas by 94.0% in the 4th quarter. Balyasny Asset Management L.P. now owns 855,548 shares of the real estate investment trust’s stock valued at $42,641,000 after acquiring an additional 414,612 shares during the period. 94.18% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Ventas

In related news, CEO Peter J. Bulgarelli sold 3,784 shares of the company’s stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $55.24, for a total transaction of $209,028.16. Following the sale, the chief executive officer now directly owns 104,295 shares of the company’s stock, valued at approximately $5,761,255.80. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other Ventas news, CEO Debra A. Cafaro sold 40,079 shares of Ventas stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $57.29, for a total value of $2,296,125.91. Following the completion of the transaction, the chief executive officer now directly owns 986,717 shares in the company, valued at $56,529,016.93. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Peter J. Bulgarelli sold 3,784 shares of the company’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 transaction, the chief executive officer now directly owns 104,295 shares of the company’s stock, valued at $5,761,255.80. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 77,065 shares of company stock worth $4,526,464. 1.00% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research analysts have commented on VTR shares. Royal Bank of Canada raised their price objective on Ventas from $52.00 to $63.00 and gave the company an “outperform” rating in a research report on Friday, August 9th. StockNews.com raised Ventas from a “sell” rating to a “hold” rating in a research report on Wednesday, July 10th. Wedbush increased their price objective on shares of Ventas from $64.00 to $71.00 and gave the company an “outperform” rating in a research report on Tuesday, September 10th. Evercore ISI lifted 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. Finally, Wolfe Research upgraded shares of Ventas to a “strong-buy” rating in a research note on Friday, August 9th. Two 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 stock. According to data from MarketBeat, Ventas has an average rating of “Moderate Buy” and an average target price of $61.11.

Ventas Trading Down 0.4 %

VTR opened at $62.37 on Wednesday. Ventas, Inc. has a 12-month low of $39.34 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 stock has a market capitalization of $25.77 billion, a PE ratio of -328.25, a P/E/G ratio of 2.77 and a beta of 1.36. The firm’s fifty day moving average price is $61.15 and its 200 day moving average price is $52.62.

Ventas (NYSE:VTR) last released its earnings results on Thursday, August 1st. The real estate investment trust reported $0.05 earnings per share 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 company had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.19 billion. During the same period in the previous year, the firm posted $0.75 EPS. Ventas’s revenue for the quarter was up 8.6% on a year-over-year basis. As a group, research analysts expect that Ventas, Inc. will post 3.18 EPS 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 issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 2.89%. The ex-dividend date of this dividend is Tuesday, October 1st. Ventas’s dividend payout ratio is presently -947.32%.

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.