Inspire Investing LLC Sells 11,315 Shares of Ventas, Inc. (NYSE:VTR)

Inspire Investing LLC decreased its holdings in Ventas, Inc. (NYSE:VTR) by 21.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 42,482 shares of the real estate investment trust’s stock after selling 11,315 shares during the quarter. Inspire Investing LLC’s holdings in Ventas were worth $2,178,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Bessemer Group Inc. grew its stake in shares of Ventas by 4.6% in the first quarter. Bessemer Group Inc. now owns 5,292 shares of the real estate investment trust’s stock worth $230,000 after purchasing an additional 234 shares during the last quarter. QRG Capital Management Inc. lifted its holdings in Ventas by 1.1% in the first 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 during the period. Dakota Wealth Management lifted its holdings in Ventas by 1.0% in the second 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 during the period. Czech National Bank lifted its holdings 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 valued at $3,083,000 after buying an additional 325 shares during the period. Finally, Allspring Global Investments Holdings LLC lifted its holdings in Ventas by 1.8% in the second quarter. Allspring Global Investments Holdings LLC now owns 19,863 shares of the real estate investment trust’s stock valued at $1,018,000 after buying an additional 347 shares during the period. Institutional investors own 94.18% of the company’s stock.

Insider Activity at Ventas

In related news, CEO Debra A. Cafaro sold 40,079 shares of the company’s stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of $57.29, for a total transaction of $2,296,125.91. Following the sale, the chief executive officer now directly owns 986,717 shares in the company, valued at approximately $56,529,016.93. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other Ventas 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 value of $389,940.00. Following the sale, the chief executive officer now directly owns 90,795 shares in the company, valued at approximately $5,900,767.05. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Debra A. Cafaro sold 40,079 shares of the stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $57.29, for a total transaction of $2,296,125.91. Following the completion of the sale, the chief executive officer now owns 986,717 shares in the company, valued at $56,529,016.93. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 77,065 shares of company stock worth $4,526,464. 1.00% of the stock is owned by corporate insiders.

Ventas Stock Down 0.3 %

Ventas stock opened at $64.21 on Thursday. Ventas, Inc. has a twelve month low of $39.33 and a twelve month high of $65.64. The firm has a 50 day moving average price of $58.53 and a 200-day moving average price of $50.75. The company has a market capitalization of $26.53 billion, a P/E ratio of -337.93, a P/E/G ratio of 2.87 and a beta of 1.36. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 1.36.

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 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 company had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.19 billion. During the same period in the prior year, the company earned $0.75 earnings per share. The firm’s revenue 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.

Ventas Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 17th. Investors of record on Tuesday, October 1st will be paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.80%. The ex-dividend date is Tuesday, October 1st. Ventas’s payout ratio is currently -947.32%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on VTR shares. Wolfe Research upgraded shares of Ventas to a “strong-buy” rating in a report on Friday, August 9th. Scotiabank boosted their target price on shares of Ventas from $55.00 to $59.00 and gave the company a “sector perform” rating in a report on Wednesday, August 7th. Wedbush upped their price objective on shares of Ventas from $64.00 to $71.00 and gave the company an “outperform” rating in a report on Tuesday, September 10th. Evercore ISI upped their price objective on shares of Ventas from $64.00 to $70.00 and gave the company an “outperform” rating in a report on Monday. Finally, StockNews.com upgraded shares of Ventas from a “sell” rating to a “hold” rating in a report on Wednesday, July 10th. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $57.45.

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.