Allspring Global Investments Holdings LLC Has $1.31 Million Position in Ventas, Inc. (NYSE:VTR)

Allspring Global Investments Holdings LLC boosted its position in shares of Ventas, Inc. (NYSE:VTR) by 2.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 20,421 shares of the real estate investment trust’s stock after buying an additional 558 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Ventas were worth $1,310,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Massachusetts Financial Services Co. MA acquired a new position in shares of Ventas during the second quarter valued at $135,425,000. ANTIPODES PARTNERS Ltd bought a new stake in Ventas during the 2nd quarter worth about $73,517,000. Centersquare Investment Management LLC lifted its position in Ventas by 11.5% during the 1st quarter. Centersquare Investment Management LLC now owns 7,806,396 shares of the real estate investment trust’s stock valued at $345,667,000 after purchasing an additional 802,546 shares during the period. Zurich Insurance Group Ltd FI boosted its stake in shares of Ventas by 217.4% in the 2nd quarter. Zurich Insurance Group Ltd FI now owns 856,525 shares of the real estate investment trust’s stock valued at $43,905,000 after purchasing an additional 586,676 shares during the last quarter. Finally, Mackenzie Financial Corp boosted its stake in shares of Ventas by 1,247.7% in the 2nd quarter. Mackenzie Financial Corp now owns 496,531 shares of the real estate investment trust’s stock valued at $25,452,000 after purchasing an additional 459,689 shares during the last quarter. 94.18% of the stock is currently owned by institutional investors.

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 sale, the chief executive officer now owns 90,795 shares of the company’s stock, valued at $5,900,767.05. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, CEO Debra A. Cafaro sold 6,004 shares of the stock in a transaction on Friday, October 25th. The shares were sold at an average price of $66.11, for a total transaction of $396,924.44. Following the completion of the transaction, the chief executive officer now owns 986,717 shares in the company, valued at approximately $65,231,860.87. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Peter J. Bulgarelli sold 6,000 shares of the firm’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 completion of the transaction, the chief executive officer now directly owns 90,795 shares of the company’s stock, valued at approximately $5,900,767.05. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 79,285 shares of company stock worth $4,714,361 over the last ninety days. Company insiders own 1.00% of the company’s stock.

Ventas Stock Up 0.7 %

Shares of Ventas stock opened at $66.49 on Thursday. The company has a market capitalization of $27.47 billion, a P/E ratio of -166.22, a price-to-earnings-growth ratio of 2.87 and a beta of 1.36. 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 business has a 50-day moving average of $63.48 and a two-hundred day moving average of $55.10. Ventas, Inc. has a 1 year low of $41.45 and a 1 year high of $66.98.

Ventas (NYSE:VTR) last posted 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 business had revenue of $1.20 billion for the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period in the previous year, the company posted $0.75 earnings per share. As a group, equities analysts predict that Ventas, Inc. will post 3.18 EPS for the current year.

Ventas Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 17th. Stockholders of record on Tuesday, October 1st were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 2.71%. The ex-dividend date of this dividend was Tuesday, October 1st. Ventas’s dividend payout ratio is -449.99%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on VTR shares. StockNews.com lowered shares of Ventas from a “hold” rating to a “sell” rating in a report on Monday, October 21st. Wolfe Research upgraded Ventas to a “strong-buy” rating in a research report on Friday, August 9th. Wells Fargo & Company raised Ventas from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $61.00 to $71.00 in a research note on Tuesday, October 1st. Wedbush increased their target price on Ventas from $64.00 to $71.00 and gave the company an “outperform” rating in a research note on Tuesday, September 10th. Finally, Royal Bank of Canada boosted their target price on Ventas from $52.00 to $63.00 and gave the stock an “outperform” rating in a research report on Friday, August 9th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Ventas currently has an average rating of “Moderate Buy” and a consensus target price of $63.63.

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.