The Manufacturers Life Insurance Company Acquires 21,112 Shares of Ventas, Inc. (NYSE:VTR)

The Manufacturers Life Insurance Company raised its holdings in Ventas, Inc. (NYSE:VTRFree Report) by 6.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 334,730 shares of the real estate investment trust’s stock after buying an additional 21,112 shares during the period. The Manufacturers Life Insurance Company owned about 0.08% of Ventas worth $16,683,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. FMR LLC raised its stake in Ventas by 7.1% in the third quarter. FMR LLC now owns 22,246,452 shares of the real estate investment trust’s stock valued at $937,243,000 after buying an additional 1,483,908 shares during the period. Principal Financial Group Inc. grew its position in shares of Ventas by 0.6% in the fourth quarter. Principal Financial Group Inc. now owns 19,812,595 shares of the real estate investment trust’s stock valued at $987,460,000 after purchasing an additional 120,614 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of Ventas by 0.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 5,864,001 shares of the real estate investment trust’s stock valued at $292,273,000 after purchasing an additional 19,643 shares during the last quarter. Legal & General Group Plc grew its position in shares of Ventas by 3.2% in the third quarter. Legal & General Group Plc now owns 5,575,523 shares of the real estate investment trust’s stock valued at $234,897,000 after purchasing an additional 173,415 shares during the last quarter. Finally, Northern Trust Corp grew its position in shares of Ventas by 1.7% in the third quarter. Northern Trust Corp now owns 5,321,475 shares of the real estate investment trust’s stock valued at $224,194,000 after purchasing an additional 88,489 shares during the last quarter. Institutional investors own 94.18% of the company’s stock.

Insider Buying and Selling at Ventas

In other Ventas news, CFO Robert F. Probst sold 18,500 shares of the firm’s stock in a transaction on Tuesday, May 7th. The stock was sold at an average price of $47.11, for a total value of $871,535.00. Following the sale, the chief financial officer now owns 176,403 shares of the company’s stock, valued at approximately $8,310,345.33. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, CFO Robert F. Probst sold 18,500 shares of the stock in a transaction on Tuesday, May 7th. The stock was sold at an average price of $47.11, for a total value of $871,535.00. Following the completion of the transaction, the chief financial officer now directly owns 176,403 shares in the company, valued at approximately $8,310,345.33. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Gregory R. Liebbe sold 14,625 shares of the stock in a transaction on Friday, May 10th. The shares were sold at an average price of $47.70, for a total value of $697,612.50. Following the completion of the transaction, the chief accounting officer now owns 12,524 shares of the company’s stock, valued at $597,394.80. The disclosure for this sale can be found here. In the last quarter, insiders have sold 35,270 shares of company stock valued at $1,672,966. 1.00% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts have recently commented on VTR shares. Scotiabank upped their target price on Ventas from $47.00 to $51.00 and gave the company a “sector perform” rating in a research report on Thursday, May 16th. Wells Fargo & Company upped their target price on Ventas from $46.00 to $49.00 and gave the company an “equal weight” rating in a research report on Thursday, May 30th. Evercore ISI raised Ventas from an “in-line” rating to an “outperform” rating and set a $50.00 target price on the stock in a research report on Monday, March 18th. Finally, StockNews.com downgraded Ventas from a “hold” rating to a “sell” rating in a research report on Tuesday, February 13th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $51.46.

View Our Latest Analysis on VTR

Ventas Trading Down 0.3 %

Shares of VTR stock opened at $49.71 on Monday. The stock’s fifty day moving average price is $45.91 and its two-hundred day moving average price is $46.09. The company has a market cap of $20.12 billion, a PE ratio of -261.62, a P/E/G ratio of 2.58 and a beta of 1.33. Ventas, Inc. has a fifty-two week low of $39.33 and a fifty-two week high of $50.99. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.63 and a current ratio of 0.63.

Ventas Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 18th. Shareholders of record on Monday, July 1st will be issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 3.62%. The ex-dividend date of this dividend is Monday, July 1st. Ventas’s dividend payout ratio is presently -947.32%.

Ventas Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Ventas (NYSE:VTR)

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