Allianz Asset Management GmbH Has $47.51 Million Stock Holdings in Ventas, Inc. $VTR

Allianz Asset Management GmbH lowered its holdings in Ventas, Inc. (NYSE:VTR) by 6.9% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 678,773 shares of the real estate investment trust’s stock after selling 50,575 shares during the quarter. Allianz Asset Management GmbH owned 0.15% of Ventas worth $47,507,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of VTR. Cloud Capital Management LLC bought a new stake in Ventas in the 3rd quarter valued at $25,000. True Wealth Design LLC lifted its stake in shares of Ventas by 1,557.7% in the third quarter. True Wealth Design LLC now owns 431 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 405 shares during the period. Wilmington Savings Fund Society FSB grew its position in Ventas by 65.5% during the third quarter. Wilmington Savings Fund Society FSB now owns 455 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 180 shares in the last quarter. ORG Partners LLC grew its position in Ventas by 76.1% during the third quarter. ORG Partners LLC now owns 456 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 197 shares in the last quarter. Finally, Ameritas Advisory Services LLC bought a new position in Ventas during the second quarter valued at about $33,000. 94.18% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have commented on VTR shares. Wells Fargo & Company raised their price objective on Ventas from $80.00 to $88.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 25th. Weiss Ratings raised shares of Ventas from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, December 29th. Citigroup raised their price objective on shares of Ventas from $80.00 to $88.00 and gave the stock a “buy” rating in a report on Tuesday, November 11th. Cantor Fitzgerald reiterated an “overweight” rating and set a $93.00 target price on shares of Ventas in a research report on Monday, January 5th. Finally, Scotiabank increased their price target on shares of Ventas from $74.00 to $80.00 and gave the stock a “sector perform” rating in a research report on Thursday, November 13th. Fourteen analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $81.63.

Ventas Stock Performance

NYSE VTR opened at $77.67 on Thursday. Ventas, Inc. has a 1-year low of $58.72 and a 1-year high of $81.89. The company has a 50 day moving average of $78.09 and a 200-day moving average of $73.04. The company has a current ratio of 0.32, a quick ratio of 0.32 and a debt-to-equity ratio of 1.01. The firm has a market cap of $36.48 billion, a price-to-earnings ratio of 149.37, a PEG ratio of 1.94 and a beta of 0.77.

Ventas Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were paid a $0.48 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $1.92 dividend on an annualized basis and a yield of 2.5%. Ventas’s payout ratio is currently 369.23%.

Insider Activity

In other Ventas news, CFO Robert F. Probst sold 29,930 shares of the firm’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $77.25, for a total value of $2,312,092.50. Following the completion of the sale, the chief financial officer owned 138,434 shares in the company, valued at approximately $10,694,026.50. This trade represents a 17.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Debra A. Cafaro sold 10,322 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $77.66, for a total transaction of $801,606.52. Following the transaction, the chief executive officer owned 1,114,034 shares in the company, valued at $86,515,880.44. The trade was a 0.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 130,499 shares of company stock worth $10,155,831. 0.80% of the stock is owned by corporate insiders.

Ventas Company Profile

Ventas, Inc (NYSE: VTR) is a real estate investment trust (REIT) that specializes in healthcare-related real estate. The company acquires, owns and manages a diversified portfolio of properties serving the healthcare continuum, including senior housing communities, skilled nursing facilities, medical office buildings, life science and research centers, and other properties leased to healthcare providers and operators. Ventas generates revenue through long-term leases, property management and selective development activities focused on meeting the real estate needs of the healthcare sector.

Ventas’ business model combines property ownership with active asset management and capital markets activity.