Ventas, Inc. (NYSE:VTR) Shares Sold by Swedbank AB

Swedbank AB trimmed its holdings in shares of Ventas, Inc. (NYSE:VTR) by 0.2% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 454,600 shares of the real estate investment trust’s stock after selling 727 shares during the period. Swedbank AB’s holdings in Ventas were worth $29,153,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Massachusetts Financial Services Co. MA boosted its holdings in Ventas by 105.2% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,420,322 shares of the real estate investment trust’s stock worth $347,605,000 after buying an additional 2,778,408 shares during the last quarter. ANTIPODES PARTNERS Ltd acquired a new position in Ventas in the 2nd quarter valued at $73,517,000. Zurich Insurance Group Ltd FI lifted its holdings in Ventas by 217.4% in the 2nd quarter. Zurich Insurance Group Ltd FI now owns 856,525 shares of the real estate investment trust’s stock valued at $43,905,000 after purchasing an additional 586,676 shares in the last quarter. Mackenzie Financial Corp boosted its stake in Ventas by 1,247.7% during the 2nd quarter. Mackenzie Financial Corp now owns 496,531 shares of the real estate investment trust’s stock worth $25,452,000 after purchasing an additional 459,689 shares during the last quarter. Finally, KBC Group NV grew its holdings in shares of Ventas by 341.4% during the third quarter. KBC Group NV now owns 570,112 shares of the real estate investment trust’s stock worth $36,561,000 after buying an additional 440,966 shares in the last quarter. Hedge funds and other institutional investors own 94.18% of the company’s stock.

Analyst Ratings Changes

VTR has been the topic of several research reports. Wedbush raised their price target on shares of Ventas from $64.00 to $71.00 and gave the stock an “outperform” rating in a research note on Tuesday, September 10th. Wolfe Research upgraded Ventas to a “strong-buy” rating in a report on Friday, August 9th. Scotiabank upped their price target on Ventas from $59.00 to $65.00 and gave the company a “sector perform” rating in a research report on Friday, October 11th. Evercore ISI lifted their price objective on Ventas from $64.00 to $70.00 and gave the stock an “outperform” rating in a research report on Monday, September 16th. Finally, Wells Fargo & Company raised Ventas from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $61.00 to $71.00 in a research note on Tuesday, October 1st. Two analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $63.63.

Insider Buying and Selling

In related news, CEO Peter J. Bulgarelli sold 6,000 shares of the business’s stock in a transaction 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 in the company, valued at approximately $5,900,767.05. The trade was a 6.20 % 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 121,248 shares of the firm’s stock in a transaction dated 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 owns 986,717 shares of the company’s stock, valued at $65,291,063.89. This trade represents a 10.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 140,079 shares of company stock valued at $9,241,311. Company insiders own 1.00% of the company’s stock.

Ventas Stock Performance

NYSE VTR opened at $63.22 on Tuesday. The stock has a fifty day simple moving average of $64.08 and a 200-day simple moving average of $57.68. Ventas, Inc. has a twelve month low of $41.45 and a twelve month high of $67.61. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.39. The stock has a market cap of $26.52 billion, a PE ratio of -371.88, a P/E/G ratio of 2.94 and a beta of 1.36.

Ventas Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 17th. Stockholders of record on Tuesday, October 1st were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.85%. The ex-dividend date of this dividend was Tuesday, October 1st. Ventas’s dividend payout ratio (DPR) is -1,058.82%.

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.