NBC Securities Inc. Purchases New Holdings in Ventas, Inc. (NYSE:VTR)

NBC Securities Inc. purchased a new stake in Ventas, Inc. (NYSE:VTR) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 952 shares of the real estate investment trust’s stock, valued at approximately $65,000.

Other institutional investors have also made changes to their positions in the company. Mizuho Securities USA LLC lifted its stake in Ventas by 48.4% during the fourth quarter. Mizuho Securities USA LLC now owns 39,760 shares of the real estate investment trust’s stock worth $2,341,000 after purchasing an additional 12,969 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in Ventas by 726.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 5,267 shares of the real estate investment trust’s stock worth $310,000 after purchasing an additional 4,630 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Ventas by 2.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,028,015 shares of the real estate investment trust’s stock worth $296,100,000 after purchasing an additional 123,937 shares during the last quarter. Renaissance Technologies LLC lifted its stake in Ventas by 56.0% during the fourth quarter. Renaissance Technologies LLC now owns 2,499,228 shares of the real estate investment trust’s stock worth $147,180,000 after purchasing an additional 896,717 shares during the last quarter. Finally, Ensign Peak Advisors Inc lifted its stake in Ventas by 31.8% during the fourth quarter. Ensign Peak Advisors Inc now owns 230,924 shares of the real estate investment trust’s stock worth $13,599,000 after purchasing an additional 55,705 shares during the last quarter. 94.18% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on VTR shares. Wells Fargo & Company upped their target price on Ventas from $72.00 to $77.00 and gave the stock an “overweight” rating in a research note on Monday, March 10th. Morgan Stanley upped their target price on Ventas from $65.00 to $70.00 and gave the stock an “equal weight” rating in a research note on Tuesday, March 11th. Mizuho upped their target price on Ventas from $68.00 to $75.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 18th. Argus set a $75.00 target price on Ventas in a research note on Friday, March 7th. Finally, Royal Bank of Canada upped their price target on shares of Ventas from $74.00 to $75.00 and gave the stock an “outperform” rating in a report on Wednesday, May 7th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, Ventas has a consensus rating of “Moderate Buy” and a consensus target price of $73.00.

Ventas Stock Performance

Shares of Ventas stock opened at $63.36 on Thursday. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.25. The business has a 50-day moving average price of $65.54 and a two-hundred day moving average price of $63.90. Ventas, Inc. has a 1-year low of $49.33 and a 1-year high of $71.36. The company has a market cap of $28.59 billion, a P/E ratio of 333.47, a PEG ratio of 2.59 and a beta of 0.89.

Ventas (NYSE:VTR) last issued its quarterly earnings results on Wednesday, April 30th. The real estate investment trust reported $0.84 earnings per share for the quarter, topping analysts’ consensus estimates of $0.82 by $0.02. Ventas had a return on equity of 0.82% and a net margin of 1.65%. The firm had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.32 billion. During the same period last year, the business posted $0.78 EPS. The business’s revenue was up 13.2% compared to the same quarter last year. As a group, analysts anticipate that Ventas, Inc. will post 3.4 EPS for the current year.

Ventas Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 17th. Shareholders of record on Monday, June 30th will be issued a dividend of $0.48 per share. The ex-dividend date of this dividend is Monday, June 30th. This represents a $1.92 dividend on an annualized basis and a yield of 3.03%. Ventas’s payout ratio is currently 581.82%.

Insiders Place Their Bets

In other news, EVP Carey S. Roberts sold 23,500 shares of the stock in a transaction dated Friday, May 30th. The shares were sold at an average price of $64.23, for a total transaction of $1,509,405.00. Following the transaction, the executive vice president now owns 116,650 shares of the company’s stock, valued at $7,492,429.50. This represents a 16.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Walter C. Rakowich sold 1,459 shares of the stock in a transaction dated Wednesday, May 14th. The stock was sold at an average price of $63.76, for a total transaction of $93,025.84. Following the transaction, the director now directly owns 27,454 shares in the company, valued at $1,750,467.04. This trade represents a 5.05% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 165,586 shares of company stock worth $10,997,929. Company insiders own 1.00% of the company’s stock.

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.