Charles Schwab Investment Management Inc. Has $314.50 Million Stock Position in Ventas, Inc. (NYSE:VTR)

Charles Schwab Investment Management Inc. raised its stake in shares of Ventas, Inc. (NYSE:VTR) by 5.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,904,078 shares of the real estate investment trust’s stock after buying an additional 231,352 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Ventas were worth $314,499,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Zurich Insurance Group Ltd FI acquired a new stake in shares of Ventas during the first quarter worth about $11,749,000. BDF Gestion bought a new position in Ventas in the second quarter valued at approximately $3,716,000. Friedenthal Financial boosted its holdings in shares of Ventas by 1,183.7% in the third quarter. Friedenthal Financial now owns 12,773 shares of the real estate investment trust’s stock valued at $819,000 after buying an additional 11,778 shares during the period. Tandem Capital Management Corp ADV boosted its holdings in shares of Ventas by 62.1% in the third quarter. Tandem Capital Management Corp ADV now owns 27,730 shares of the real estate investment trust’s stock valued at $1,778,000 after buying an additional 10,620 shares during the period. Finally, Perpetual Ltd bought a new stake in shares of Ventas during the third quarter worth $544,000. 94.18% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Ventas news, CEO Debra A. Cafaro sold 121,248 shares of the company’s stock in a transaction on Tuesday, October 29th. The shares were sold at an average price of $66.17, for a total value of $8,022,980.16. Following the transaction, the chief executive officer now directly owns 986,717 shares in the company, valued at $65,291,063.89. The trade was a 10.94 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Peter J. Bulgarelli sold 6,000 shares of Ventas stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $64.99, for a total transaction of $389,940.00. Following the sale, the chief executive officer now directly owns 90,795 shares of the company’s stock, valued at $5,900,767.05. The trade was a 6.20 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 140,454 shares of company stock valued at $9,263,815. 1.00% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

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

Ventas Stock Performance

Ventas stock opened at $63.55 on Friday. The stock has a 50-day simple moving average of $64.11 and a 200 day simple moving average of $57.42. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.39. Ventas, Inc. has a 52 week low of $41.45 and a 52 week high of $67.61.

Ventas Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 17th. Stockholders 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 dividend yield of 2.83%. Ventas’s dividend payout ratio is currently -1,058.76%.

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.