Bleakley Financial Group LLC Increases Holdings in Ventas, Inc. (NYSE:VTR)

Bleakley Financial Group LLC lifted its position in shares of Ventas, Inc. (NYSE:VTR) by 3.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,639 shares of the real estate investment trust’s stock after purchasing an additional 203 shares during the period. Bleakley Financial Group LLC’s holdings in Ventas were worth $362,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Profund Advisors LLC increased its position in shares of Ventas by 3.3% during the second quarter. Profund Advisors LLC now owns 6,270 shares of the real estate investment trust’s stock worth $321,000 after purchasing an additional 199 shares in the last quarter. Bessemer Group Inc. increased its position in shares of Ventas by 4.6% during 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 in the last quarter. QRG Capital Management Inc. increased its position in shares of Ventas by 1.1% during the first quarter. QRG Capital Management Inc. now owns 24,383 shares of the real estate investment trust’s stock worth $1,062,000 after purchasing an additional 258 shares in the last quarter. Dakota Wealth Management increased its position in shares of Ventas by 1.0% during the second quarter. Dakota Wealth Management now owns 33,717 shares of the real estate investment trust’s stock worth $1,728,000 after purchasing an additional 322 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC increased its position in shares of Ventas by 1.8% during the second quarter. Allspring Global Investments Holdings LLC now owns 19,863 shares of the real estate investment trust’s stock worth $1,018,000 after purchasing an additional 347 shares in the last quarter. Institutional investors and hedge funds own 94.18% of the company’s stock.

Insider Activity at Ventas

In related news, CEO Peter J. Bulgarelli sold 6,000 shares of the company’s stock in a transaction that occurred on 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 approximately $5,900,767.05. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, CEO Peter J. Bulgarelli sold 6,000 shares of the company’s stock in a transaction that occurred on 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 approximately $5,900,767.05. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Debra A. Cafaro sold 6,827 shares of the company’s stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of $63.20, for a total value of $431,466.40. Following the completion of the sale, the chief executive officer now directly owns 986,717 shares in the company, valued at approximately $62,360,514.40. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 77,065 shares of company stock valued at $4,526,464. 1.00% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts have issued reports on VTR shares. Wolfe Research upgraded Ventas to a “strong-buy” rating in a research report on Friday, August 9th. Wedbush boosted their target price on Ventas from $64.00 to $71.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 10th. Wells Fargo & Company upgraded Ventas from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $61.00 to $71.00 in a research report on Tuesday, October 1st. Scotiabank boosted their target price on Ventas from $59.00 to $65.00 and gave the stock a “sector perform” rating in a research report on Friday, October 11th. Finally, StockNews.com cut Ventas from a “hold” rating to a “sell” rating in a research report on Monday. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $63.63.

Ventas Price Performance

Shares of NYSE:VTR opened at $64.86 on Wednesday. The business’s 50 day simple moving average is $62.62 and its 200-day simple moving average is $54.23. The firm has a market capitalization of $26.80 billion, a price-to-earnings ratio of -162.15, a price-to-earnings-growth ratio of 2.90 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. Ventas, Inc. has a 12 month low of $40.98 and a 12 month high of $65.64.

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). 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 during the quarter, compared to analysts’ expectations of $1.19 billion. During the same period in the previous year, the company posted $0.75 EPS. Ventas’s quarterly revenue was up 8.6% compared to the same quarter last year. As a group, equities analysts forecast that Ventas, Inc. will post 3.18 earnings per share for the current fiscal year.

Ventas Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 17th. Investors of record on Tuesday, October 1st were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 2.78%. The ex-dividend date of this dividend was Tuesday, October 1st. Ventas’s payout ratio is currently -449.99%.

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.