Land & Buildings Investment Management LLC Has $19.09 Million Holdings in Ventas, Inc. (NYSE:VTR)

Land & Buildings Investment Management LLC decreased its position in Ventas, Inc. (NYSE:VTR) by 48.4% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 372,456 shares of the real estate investment trust’s stock after selling 349,006 shares during the period. Ventas comprises about 4.5% of Land & Buildings Investment Management LLC’s investment portfolio, making the stock its 13th biggest holding. Land & Buildings Investment Management LLC owned 0.09% of Ventas worth $19,092,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. First Community Trust NA purchased a new position in shares of Ventas during the second quarter valued at $25,000. ORG Partners LLC acquired a new position in shares of Ventas in the 2nd quarter valued at about $27,000. First Financial Corp IN purchased a new stake in shares of Ventas in the first quarter worth approximately $30,000. EdgeRock Capital LLC acquired a new stake in shares of Ventas during the second quarter worth approximately $41,000. Finally, Friedenthal Financial purchased a new position in Ventas during the second quarter valued at approximately $51,000. 94.18% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Ventas

In other Ventas news, CEO Peter J. Bulgarelli sold 3,784 shares of Ventas stock in a transaction that occurred on Thursday, August 1st. The stock was 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 approximately $5,761,255.80. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In other news, CEO Peter J. Bulgarelli sold 3,784 shares of the business’s stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $55.24, for a total transaction of $209,028.16. Following the transaction, the chief executive officer now owns 104,295 shares in the company, valued at approximately $5,761,255.80. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Debra A. Cafaro sold 40,079 shares of the company’s stock in a transaction dated 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 transaction, the chief executive officer now directly owns 986,717 shares of the company’s stock, valued at approximately $56,529,016.93. The disclosure for this sale can be found here. Insiders sold a total of 77,065 shares of company stock worth $4,526,464 in the last 90 days. 1.00% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on VTR shares. Royal Bank of Canada increased their target price on shares of Ventas from $52.00 to $63.00 and gave the stock an “outperform” rating in a research report on Friday, August 9th. Evercore ISI lifted their price objective on Ventas from $64.00 to $70.00 and gave the company an “outperform” rating in a research report on Monday, September 16th. Wolfe Research raised Ventas to a “strong-buy” rating in a research report on Friday, August 9th. Scotiabank raised their price target on Ventas from $55.00 to $59.00 and gave the stock a “sector perform” rating in a research note on Wednesday, August 7th. Finally, Wells Fargo & Company boosted their price target on Ventas from $46.00 to $49.00 and gave the company an “equal weight” rating in a research note on Thursday, May 30th. Three equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $58.67.

Ventas Trading Up 3.3 %

Shares of VTR stock opened at $64.21 on Tuesday. Ventas, Inc. has a 12 month low of $39.33 and a 12 month high of $65.64. The company has a market cap of $25.99 billion, a PE ratio of -337.95, a price-to-earnings-growth 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. The business’s 50 day moving average is $59.14 and its two-hundred day moving average is $51.21.

Ventas (NYSE:VTR) last announced its earnings results on Thursday, August 1st. The real estate investment trust reported $0.05 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.74). The firm had revenue of $1.20 billion during 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%. The business’s revenue was up 8.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.75 EPS. Equities analysts predict that Ventas, Inc. will post 3.18 EPS for the current year.

Ventas Dividend Announcement

The firm also recently announced 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. The ex-dividend date is Tuesday, October 1st. This represents a $1.80 annualized dividend and a yield of 2.80%. Ventas’s payout ratio is -947.37%.

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.