Victory Capital Management Inc. lifted its stake in shares of Ventas, Inc. (NYSE:VTR – Free Report) by 2.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 127,422 shares of the real estate investment trust’s stock after purchasing an additional 3,468 shares during the period. Victory Capital Management Inc.’s holdings in Ventas were worth $8,172,000 as of its most recent filing with the SEC.
A number of other institutional investors have also made changes to their positions in the company. Signaturefd LLC boosted its holdings in shares of Ventas by 2.1% in the third quarter. Signaturefd LLC now owns 8,120 shares of the real estate investment trust’s stock valued at $521,000 after acquiring an additional 165 shares in the last quarter. Profund Advisors LLC boosted its holdings in shares of Ventas by 3.3% during the second quarter. Profund Advisors LLC now owns 6,270 shares of the real estate investment trust’s stock worth $321,000 after purchasing an additional 199 shares during the period. Bleakley Financial Group LLC increased its stake in shares of Ventas by 3.7% in the third quarter. Bleakley Financial Group LLC now owns 5,639 shares of the real estate investment trust’s stock worth $362,000 after acquiring an additional 203 shares during the last quarter. V Square Quantitative Management LLC lifted its stake in Ventas by 3.9% in the third quarter. V Square Quantitative Management LLC now owns 5,832 shares of the real estate investment trust’s stock valued at $374,000 after acquiring an additional 217 shares during the last quarter. Finally, Roman Butler Fullerton & Co. grew its holdings in Ventas by 4.5% during the third quarter. Roman Butler Fullerton & Co. now owns 5,434 shares of the real estate investment trust’s stock valued at $349,000 after purchasing an additional 232 shares during the last quarter. 94.18% of the stock is currently owned by institutional investors.
Ventas Stock Performance
Shares of VTR opened at $64.30 on Friday. The stock’s 50-day simple moving average is $64.14 and its 200 day simple moving average is $57.31. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.04 and a current ratio of 1.04. Ventas, Inc. has a 52-week low of $41.45 and a 52-week high of $67.61. The stock has a market capitalization of $26.97 billion, a price-to-earnings ratio of -378.21, a price-to-earnings-growth ratio of 2.97 and a beta of 1.36.
Ventas Announces Dividend
Insider Activity at Ventas
In other news, CEO Debra A. Cafaro sold 121,248 shares of the firm’s stock in a transaction that occurred on Tuesday, October 29th. The stock was sold at an average price of $66.17, for a total value of $8,022,980.16. Following the completion of the transaction, the chief executive officer now owns 986,717 shares in the company, valued at $65,291,063.89. This trade represents a 10.94 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Peter J. Bulgarelli sold 6,000 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the chief executive officer now directly owns 90,795 shares in the company, valued at approximately $5,900,767.05. This represents a 6.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 140,454 shares of company stock valued at $9,263,815. Insiders own 1.00% of the company’s stock.
Analyst Upgrades and Downgrades
Several research analysts have recently issued reports on the stock. Wedbush boosted their price objective on shares of Ventas from $64.00 to $71.00 and gave the stock an “outperform” rating in a report on Tuesday, September 10th. Wolfe Research raised Ventas to a “strong-buy” rating in a research report on Friday, August 9th. Wells Fargo & Company raised shares of Ventas from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $61.00 to $71.00 in a report on Tuesday, October 1st. Evercore ISI raised their price objective on Ventas from $64.00 to $70.00 and gave the company an “outperform” rating in a report on Monday, September 16th. Finally, Royal Bank of Canada raised their price objective on Ventas from $52.00 to $63.00 and gave the company an “outperform” rating in a research note on Friday, August 9th. Two equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $63.63.
Read Our Latest Stock Report on Ventas
Ventas 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.
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