Ventas, Inc. (NYSE:VTR) is Waterfront Capital Partners LLC’s 6th Largest Position

Waterfront Capital Partners LLC lessened its stake in shares of Ventas, Inc. (NYSE:VTR) by 39.5% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 454,540 shares of the real estate investment trust’s stock after selling 296,370 shares during the period. Ventas accounts for approximately 4.0% of Waterfront Capital Partners LLC’s holdings, making the stock its 6th biggest position. Waterfront Capital Partners LLC owned 0.11% of Ventas worth $29,150,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in VTR. Northwest & Ethical Investments L.P. grew its position in shares of Ventas by 480.7% during the third quarter. Northwest & Ethical Investments L.P. now owns 26,214 shares of the real estate investment trust’s stock valued at $1,681,000 after purchasing an additional 21,700 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Ventas by 862.7% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,932,017 shares of the real estate investment trust’s stock worth $252,160,000 after acquiring an additional 3,523,594 shares in the last quarter. Public Sector Pension Investment Board grew its position in Ventas by 27.1% in the third quarter. Public Sector Pension Investment Board now owns 71,615 shares of the real estate investment trust’s stock worth $4,593,000 after acquiring an additional 15,290 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Ventas by 14.5% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 320,087 shares of the real estate investment trust’s stock worth $20,527,000 after acquiring an additional 40,596 shares in the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund grew its position in Ventas by 7.9% in the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 332,300 shares of the real estate investment trust’s stock worth $21,310,000 after acquiring an additional 24,300 shares in the last quarter. Institutional investors own 94.18% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on VTR. Wells Fargo & Company upgraded Ventas from an “equal weight” rating to an “overweight” rating and lifted their price target for the stock from $61.00 to $71.00 in a research report on Tuesday, October 1st. Wedbush lifted their price target on shares of Ventas from $64.00 to $71.00 and gave the company an “outperform” rating in a research note on Tuesday, September 10th. Scotiabank lifted their price target on shares of Ventas from $59.00 to $65.00 and gave the company a “sector perform” rating in a research note on Friday, October 11th. Royal Bank of Canada lifted their price target on shares of Ventas from $52.00 to $63.00 and gave the company an “outperform” rating in a research note on Friday, August 9th. Finally, StockNews.com raised shares of Ventas from a “sell” rating to a “hold” rating in a research note on Friday, November 1st. Two investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Ventas currently has an average rating of “Moderate Buy” and an average target price of $63.63.

Insider Activity

In other news, CEO Peter J. Bulgarelli sold 6,000 shares of the business’s stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $64.99, for a total transaction of $389,940.00. Following the sale, the chief executive officer now directly owns 90,795 shares of the company’s stock, valued at $5,900,767.05. The trade was a 6.20 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Debra A. Cafaro sold 121,248 shares of the company’s stock in a transaction on Tuesday, October 29th. The shares were sold at an average price of $66.17, for a total transaction of $8,022,980.16. Following the completion of the sale, the chief executive officer now directly owns 986,717 shares in the company, valued at approximately $65,291,063.89. The trade was a 10.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 140,079 shares of company stock valued at $9,241,311 over the last ninety days. 1.00% of the stock is currently owned by insiders.

Ventas Stock Performance

Shares of VTR stock opened at $64.54 on Friday. The company has a market cap of $27.08 billion, a PE ratio of -379.62, a PEG ratio of 2.98 and a beta of 1.36. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.39. Ventas, Inc. has a 12-month low of $41.45 and a 12-month high of $67.61. The business’s fifty day simple moving average is $64.13 and its 200-day simple moving average is $57.89.

Ventas Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 17th. Stockholders of record on Tuesday, October 1st were issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.79%. The ex-dividend date was Tuesday, October 1st. Ventas’s dividend payout ratio (DPR) is presently -1,058.76%.

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.