Ventas, Inc. (NYSE:VTR) Shares Acquired by Public Sector Pension Investment Board

Public Sector Pension Investment Board boosted its position in Ventas, Inc. (NYSE:VTR) by 27.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 71,615 shares of the real estate investment trust’s stock after buying an additional 15,290 shares during the period. Public Sector Pension Investment Board’s holdings in Ventas were worth $4,593,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of VTR. First Community Trust NA acquired a new stake in shares of Ventas in the second quarter worth $25,000. ORG Partners LLC acquired a new position in shares of Ventas in the 2nd quarter valued at about $27,000. EdgeRock Capital LLC purchased a new stake in shares of Ventas in the second quarter worth about $41,000. Global X Japan Co. Ltd. purchased a new position in Ventas during the third quarter valued at approximately $48,000. Finally, Friedenthal Financial acquired a new position in Ventas in the second quarter valued at approximately $51,000. Institutional investors and hedge funds own 94.18% of the company’s stock.

Insiders Place Their Bets

In other Ventas news, CEO Peter J. Bulgarelli sold 6,000 shares of the stock in a transaction dated Tuesday, September 10th. The shares were 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 owns 90,795 shares in the company, valued at approximately $5,900,767.05. This represents a 6.20 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Debra A. Cafaro sold 6,827 shares of the firm’s stock in a transaction that occurred on Thursday, September 5th. The stock was sold at an average price of $63.20, for a total transaction of $431,466.40. Following the completion of the transaction, the chief executive officer now directly owns 986,717 shares in the company, valued at $62,360,514.40. This trade represents a 0.69 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 140,079 shares of company stock valued at $9,241,311 in the last 90 days. 1.00% of the stock is owned by insiders.

Ventas Price Performance

Shares of Ventas stock opened at $64.07 on Monday. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.04 and a quick ratio of 1.04. The business has a 50 day simple moving average of $64.17 and a two-hundred day simple moving average of $58.14. The stock has a market capitalization of $26.88 billion, a P/E ratio of -376.86, a PEG ratio of 2.96 and a beta of 1.36. Ventas, Inc. has a 12 month low of $41.45 and a 12 month high of $67.61.

Ventas Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 17th. Shareholders of record on Tuesday, October 1st were issued a $0.45 dividend. The ex-dividend date was Tuesday, October 1st. This represents a $1.80 dividend on an annualized basis and a yield of 2.81%. Ventas’s payout ratio is currently -1,058.76%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Wedbush lifted their target price on shares of Ventas from $64.00 to $71.00 and gave the company an “outperform” rating in a report on Tuesday, September 10th. Royal Bank of Canada increased their target price on shares of Ventas from $52.00 to $63.00 and gave the stock an “outperform” rating in a research note on Friday, August 9th. StockNews.com upgraded Ventas from a “sell” rating to a “hold” rating in a research note on Friday, November 1st. Wells Fargo & Company upgraded Ventas from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $61.00 to $71.00 in a research report on Tuesday, October 1st. Finally, Wolfe Research upgraded Ventas to a “strong-buy” rating in a research report on Friday, August 9th. Two analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $63.63.

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.