Victory Capital Management Inc. Decreases Stake in Ventas, Inc. (NYSE:VTR)

Victory Capital Management Inc. lessened its position in shares of Ventas, Inc. (NYSE:VTR) by 0.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 123,954 shares of the real estate investment trust’s stock after selling 828 shares during the quarter. Victory Capital Management Inc.’s holdings in Ventas were worth $6,354,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in VTR. Manchester Capital Management LLC increased its position in Ventas by 77.9% in the fourth quarter. Manchester Capital Management LLC now owns 514 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 225 shares during the last quarter. Bessemer Group Inc. increased its holdings in shares of Ventas by 4.6% in the 1st quarter. Bessemer Group Inc. now owns 5,292 shares of the real estate investment trust’s stock worth $230,000 after buying an additional 234 shares during the last quarter. QRG Capital Management Inc. raised its position in shares of Ventas by 1.1% during the 1st quarter. QRG Capital Management Inc. now owns 24,383 shares of the real estate investment trust’s stock valued at $1,062,000 after buying an additional 258 shares in the last quarter. Dakota Wealth Management raised its position in shares of Ventas by 1.0% during the 2nd quarter. Dakota Wealth Management now owns 33,717 shares of the real estate investment trust’s stock valued at $1,728,000 after buying an additional 322 shares in the last quarter. Finally, Czech National Bank grew its position in Ventas by 0.5% in the first quarter. Czech National Bank now owns 70,799 shares of the real estate investment trust’s stock worth $3,083,000 after acquiring an additional 325 shares in the last quarter. Institutional investors own 94.18% of the company’s stock.

Insider Buying and Selling at Ventas

In other news, CEO Peter J. Bulgarelli sold 6,000 shares of the stock in a transaction that occurred 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 transaction, the chief executive officer now directly owns 90,795 shares in the company, valued at $5,900,767.05. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other Ventas news, CEO Debra A. Cafaro sold 6,827 shares of Ventas stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of $63.20, for a total value of $431,466.40. Following the transaction, the chief executive officer now owns 986,717 shares in the company, valued at $62,360,514.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Peter J. Bulgarelli sold 6,000 shares of the stock in a transaction dated 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. In the last quarter, insiders have sold 77,065 shares of company stock valued at $4,526,464. Company insiders own 1.00% of the company’s stock.

Ventas Stock Performance

Shares of NYSE:VTR opened at $65.06 on Monday. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.58 and a current ratio of 0.58. The firm has a market cap of $26.88 billion, a PE ratio of -342.40, a price-to-earnings-growth ratio of 2.88 and a beta of 1.36. The firm’s 50 day simple moving average is $57.79 and its 200-day simple moving average is $50.35. Ventas, Inc. has a one year low of $39.33 and a one year high of $65.64.

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

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Scotiabank raised their price objective on Ventas from $55.00 to $59.00 and gave the company a “sector perform” rating in a research note on Wednesday, August 7th. Evercore ISI lifted their price objective on shares of Ventas from $61.00 to $64.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 28th. StockNews.com upgraded shares of Ventas from a “sell” rating to a “hold” rating in a research report on Wednesday, July 10th. Wolfe Research upgraded shares of Ventas to a “strong-buy” rating in a report on Friday, August 9th. Finally, Wedbush lifted their price target on shares of Ventas from $64.00 to $71.00 and gave the stock an “outperform” rating in a research note on Tuesday, September 10th. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $56.91.

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.