Ventas, Inc. (NYSE:VTR) Shares Sold by Intech Investment Management LLC

Intech Investment Management LLC lowered its position in Ventas, Inc. (NYSE:VTR) by 17.9% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 20,510 shares of the real estate investment trust’s stock after selling 4,463 shares during the period. Intech Investment Management LLC’s holdings in Ventas were worth $1,315,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VTR. First Community Trust NA purchased a new position in shares of Ventas in the second quarter worth about $25,000. ORG Partners LLC acquired a new stake in Ventas in the 2nd quarter valued at about $27,000. Global X Japan Co. Ltd. purchased a new position in Ventas in the 3rd quarter worth approximately $48,000. EdgeRock Capital LLC acquired a new position in shares of Ventas during the 2nd quarter worth approximately $41,000. Finally, Friedenthal Financial purchased a new stake in shares of Ventas in the second quarter valued at approximately $51,000. Institutional investors and hedge funds own 94.18% of the company’s stock.

Ventas Price Performance

Ventas stock opened at $64.25 on Wednesday. The company’s 50 day simple moving average is $64.08 and its 200-day simple moving average is $57.79. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.04 and a current ratio of 1.04. Ventas, Inc. has a 1 year low of $41.45 and a 1 year high of $67.61. The company has a market capitalization of $26.95 billion, a price-to-earnings ratio of -377.94, a price-to-earnings-growth ratio of 2.94 and a beta of 1.36.

Ventas Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 17th. Shareholders of record on Tuesday, October 1st were paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 2.80%. The ex-dividend date of this dividend was Tuesday, October 1st. Ventas’s dividend payout ratio (DPR) is -1,058.82%.

Insider Transactions at Ventas

In other Ventas news, CEO Peter J. Bulgarelli sold 6,000 shares of the firm’s 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 completion of the transaction, the chief executive officer now owns 90,795 shares of the company’s stock, valued at $5,900,767.05. This trade represents a 6.20 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Debra A. Cafaro sold 121,248 shares of the company’s stock in a transaction on Tuesday, October 29th. The stock was sold at an average price of $66.17, for a total value of $8,022,980.16. Following the sale, the chief executive officer now directly owns 986,717 shares in the company, valued at $65,291,063.89. This represents a 10.94 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 140,079 shares of company stock worth $9,241,311 over the last ninety days. Company insiders own 1.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on VTR. Royal Bank of Canada lifted their price objective on Ventas from $52.00 to $63.00 and gave the stock an “outperform” rating in a research report on Friday, August 9th. Scotiabank lifted their price target on Ventas from $59.00 to $65.00 and gave the stock a “sector perform” rating in a report on Friday, October 11th. Wells Fargo & Company raised shares of Ventas from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $61.00 to $71.00 in a report on Tuesday, October 1st. StockNews.com raised shares of Ventas from a “sell” rating to a “hold” rating in a research note on Friday, November 1st. Finally, Wedbush increased their price target on shares of Ventas from $64.00 to $71.00 and gave the company an “outperform” rating in a research note on Tuesday, September 10th. Two investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $63.63.

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.