Vert Asset Management LLC Purchases 3,479 Shares of Ventas, Inc. (NYSE:VTR)

Vert Asset Management LLC lifted its position in shares of Ventas, Inc. (NYSE:VTR) by 2.1% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 165,614 shares of the real estate investment trust’s stock after purchasing an additional 3,479 shares during the quarter. Ventas comprises approximately 3.7% of Vert Asset Management LLC’s holdings, making the stock its 10th largest holding. Vert Asset Management LLC’s holdings in Ventas were worth $10,621,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VTR. First Community Trust NA acquired a new stake in Ventas in the 2nd quarter valued at $25,000. ORG Partners LLC purchased a new stake in shares of Ventas in the second quarter worth about $27,000. First Financial Corp IN acquired a new stake in shares of Ventas in the first quarter valued at about $30,000. EdgeRock Capital LLC purchased a new stake in shares of Ventas during the 2nd quarter valued at about $41,000. Finally, Friedenthal Financial acquired a new position in Ventas during the 2nd quarter worth approximately $51,000. Institutional investors and hedge funds own 94.18% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Peter J. Bulgarelli sold 3,784 shares of Ventas stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $55.24, for a total value of $209,028.16. Following the completion of 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 trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In related news, CEO Debra A. Cafaro sold 40,079 shares of the firm’s stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $57.29, for a total value of $2,296,125.91. Following the sale, the chief executive officer now owns 986,717 shares of the company’s stock, valued at approximately $56,529,016.93. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Peter J. Bulgarelli sold 3,784 shares of the company’s stock in a transaction 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 owns 104,295 shares of the company’s stock, valued at approximately $5,761,255.80. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 77,065 shares of company stock valued at $4,526,464. Company insiders own 1.00% of the company’s stock.

Wall Street Analyst Weigh In

VTR has been the subject of several recent research reports. StockNews.com raised shares of Ventas from a “sell” rating to a “hold” rating in a research report on Wednesday, July 10th. Wells Fargo & Company raised shares of Ventas from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $61.00 to $71.00 in a report on Tuesday, October 1st. Royal Bank of Canada lifted their price target on shares of Ventas from $52.00 to $63.00 and gave the stock an “outperform” rating in a research note on Friday, August 9th. 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 research report on Monday, September 16th. Finally, Wolfe Research raised Ventas to a “strong-buy” rating in a research report on Friday, August 9th. Two research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $63.63.

Ventas Stock Performance

Shares of VTR stock opened at $65.55 on Friday. The stock has a market capitalization of $27.08 billion, a price-to-earnings ratio of -163.87, a PEG ratio of 2.83 and a beta of 1.36. Ventas, Inc. has a one year low of $40.98 and a one year high of $65.64. The company’s 50-day simple moving average is $62.40 and its 200-day simple moving average is $53.77. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.58 and a current ratio of 0.58.

Ventas (NYSE:VTR) last released its earnings results on Thursday, August 1st. The real estate investment trust reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.74). Ventas had a negative return on equity of 1.63% and a negative net margin of 3.33%. The firm 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 business earned $0.75 EPS. The company’s quarterly revenue was up 8.6% on a year-over-year basis. Equities analysts anticipate that Ventas, Inc. will post 3.18 earnings per share for the current fiscal year.

Ventas Announces Dividend

The firm also recently announced 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. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $1.80 annualized dividend and a yield of 2.75%. Ventas’s payout ratio is -449.99%.

About Ventas

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.