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

Truist Financial Corp trimmed its stake in Ventas, Inc. (NYSE:VTR) by 2.3% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 25,160 shares of the real estate investment trust’s stock after selling 602 shares during the quarter. Truist Financial Corp’s holdings in Ventas were worth $1,482,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Healthcare of Ontario Pension Plan Trust Fund increased its position in shares of Ventas by 7.9% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 332,300 shares of the real estate investment trust’s stock valued at $21,310,000 after purchasing an additional 24,300 shares during the period. Northwest & Ethical Investments L.P. increased its stake in shares of Ventas by 480.7% in the third quarter. Northwest & Ethical Investments L.P. now owns 26,214 shares of the real estate investment trust’s stock worth $1,681,000 after acquiring an additional 21,700 shares during the last quarter. Presima Securities ULC lifted its holdings in shares of Ventas by 38.0% during the 4th quarter. Presima Securities ULC now owns 439,942 shares of the real estate investment trust’s stock valued at $25,908,000 after buying an additional 121,193 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of Ventas by 5.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 4,904,078 shares of the real estate investment trust’s stock valued at $314,499,000 after purchasing an additional 231,352 shares during the last quarter. Finally, The Manufacturers Life Insurance Company raised its stake in shares of Ventas by 3.5% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 302,947 shares of the real estate investment trust’s stock valued at $19,428,000 after acquiring an additional 10,134 shares in the last quarter. 94.18% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Ventas

In other Ventas news, CEO Debra A. Cafaro sold 214,679 shares of the business’s stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $68.22, for a total value of $14,645,401.38. Following the sale, the chief executive officer now directly owns 1,138,143 shares of the company’s stock, valued at approximately $77,644,115.46. The trade was a 15.87 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Gregory R. Liebbe sold 3,866 shares of the stock in a transaction on Thursday, February 13th. The shares were sold at an average price of $63.00, for a total value of $243,558.00. Following the sale, the chief accounting officer now owns 11,371 shares in the company, valued at approximately $716,373. This represents a 25.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.00% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on VTR. Robert W. Baird raised Ventas from a “neutral” rating to an “outperform” rating and lowered their target price for the company from $66.00 to $65.00 in a report on Friday, January 17th. StockNews.com raised shares of Ventas from a “sell” rating to a “hold” rating in a research report on Friday, January 17th. Mizuho reduced their target price on shares of Ventas from $71.00 to $68.00 and set an “outperform” rating on the stock in a research note on Thursday, December 5th. Wedbush raised their price target on Ventas from $69.00 to $78.00 and gave the company an “outperform” rating in a report on Friday, February 14th. Finally, Baird R W raised shares of Ventas from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 17th. Two research analysts have rated the stock with a hold rating, six have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $70.71.

Ventas Price Performance

VTR opened at $68.81 on Friday. The company has a market capitalization of $30.08 billion, a price-to-earnings ratio of 362.16, a PEG ratio of 2.59 and a beta of 1.37. The firm has a 50-day moving average price of $60.93 and a 200-day moving average price of $62.17. Ventas, Inc. has a twelve month low of $41.45 and a twelve month high of $68.99. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.25.

Ventas (NYSE:VTR) last posted its earnings results on Wednesday, February 12th. The real estate investment trust reported $0.81 EPS for the quarter, topping the consensus estimate of ($0.02) by $0.83. Ventas had a return on equity of 0.82% and a net margin of 1.65%. Equities analysts expect that Ventas, Inc. will post 3.4 EPS for the current year.

Ventas Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Monday, March 31st will be given a $0.48 dividend. This is a boost from Ventas’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.79%. Ventas’s payout ratio is presently 1,010.53%.

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.