Capital Square LLC Lowers Position in Ventas, Inc. (NYSE:VTR)

Capital Square LLC trimmed its position in shares of Ventas, Inc. (NYSE:VTR) by 35.7% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 7,243 shares of the real estate investment trust’s stock after selling 4,022 shares during the period. Capital Square LLC’s holdings in Ventas were worth $464,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Truvestments Capital LLC bought a new stake in shares of Ventas during the third quarter valued at approximately $137,000. Harvest Fund Management Co. Ltd boosted its holdings in shares of Ventas by 667.7% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 14,348 shares of the real estate investment trust’s stock valued at $920,000 after buying an additional 12,479 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Ventas in the 3rd quarter worth about $241,000. Daiwa Securities Group Inc. increased its stake in shares of Ventas by 13.8% in the 3rd quarter. Daiwa Securities Group Inc. now owns 198,778 shares of the real estate investment trust’s stock worth $12,748,000 after acquiring an additional 24,086 shares in the last quarter. Finally, Pitcairn Co. increased its stake in shares of Ventas by 37.8% in the 3rd quarter. Pitcairn Co. now owns 5,465 shares of the real estate investment trust’s stock worth $350,000 after acquiring an additional 1,499 shares in the last quarter. Hedge funds and other institutional investors own 94.18% of the company’s stock.

Insider Activity

In other news, CEO Peter J. Bulgarelli sold 6,000 shares of the 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 transaction, the chief executive officer now owns 90,795 shares in the company, valued at $5,900,767.05. This represents a 6.20 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Debra A. Cafaro sold 6,004 shares of the business’s stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $66.11, for a total transaction of $396,924.44. Following the sale, the chief executive officer now owns 986,717 shares of the company’s stock, valued at $65,231,860.87. This trade represents a 0.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 140,079 shares of company stock valued at $9,241,311 over the last three months. Insiders own 1.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on VTR. Wolfe Research upgraded shares of Ventas to a “strong-buy” rating in a report on Friday, August 9th. Royal Bank of Canada boosted 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. Scotiabank raised their price objective on Ventas from $59.00 to $65.00 and gave the company a “sector perform” rating in a research report on Friday, October 11th. Wedbush boosted their target price on Ventas from $64.00 to $71.00 and gave the stock an “outperform” rating in a report on Tuesday, September 10th. Finally, StockNews.com upgraded Ventas from a “sell” rating to a “hold” rating in a report on Friday, November 1st. Two analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $63.63.

Ventas Stock Up 0.1 %

Shares of VTR stock traded up $0.05 during mid-day trading on Monday, hitting $63.60. The company’s stock had a trading volume of 89,486 shares, compared to its average volume of 2,394,731. Ventas, Inc. has a 52-week low of $41.45 and a 52-week high of $67.61. The business has a 50-day moving average price of $64.11 and a 200 day moving average price of $57.56. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.04 and a current ratio of 1.04. The stock has a market cap of $26.68 billion, a price-to-earnings ratio of -374.76, a PEG 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. The ex-dividend date was Tuesday, October 1st. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.83%. Ventas’s dividend payout ratio is presently -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.