1,181 Shares in Ventas, Inc. (NYSE:VTR) Bought by Thurston Springer Miller Herd & Titak Inc.

Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Ventas, Inc. (NYSE:VTR) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 1,181 shares of the real estate investment trust’s stock, valued at approximately $61,000.

Other institutional investors have also made changes to their positions in the company. Manchester Capital Management LLC grew its stake in shares of Ventas by 77.9% during the fourth quarter. Manchester Capital Management LLC now owns 514 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 225 shares during the period. First Financial Corp IN acquired a new position in Ventas in the first quarter valued at about $30,000. Pacific Capital Wealth Advisors Inc. acquired a new position in Ventas in the fourth quarter valued at about $38,000. EdgeRock Capital LLC acquired a new position in Ventas in the fourth quarter valued at about $37,000. Finally, Livelsberger Financial Advisory acquired a new position in Ventas in the fourth quarter valued at about $55,000. 94.18% of the stock is owned by institutional investors and hedge funds.

Ventas Stock Performance

Shares of Ventas stock traded up $0.99 on Wednesday, hitting $58.16. The stock had a trading volume of 798,343 shares, compared to its average volume of 2,279,182. The business’s 50 day moving average is $51.81 and its two-hundred day moving average is $47.28. Ventas, Inc. has a twelve month low of $39.33 and a twelve month high of $58.63. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 1.43. The stock has a market cap of $23.54 billion, a price-to-earnings ratio of -300.89, a price-to-earnings-growth ratio of 2.49 and a beta of 1.33.

Ventas (NYSE:VTR) last announced its earnings results on Thursday, August 1st. The real estate investment trust reported $0.05 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.74). The company had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.19 billion. Ventas had a negative return on equity of 1.63% and a negative net margin of 3.33%. The firm’s quarterly revenue was up 8.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.75 earnings per share. Analysts forecast that Ventas, Inc. will post 3.15 EPS for the current year.

Ventas Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, July 18th. Shareholders of record on Monday, July 1st were given a dividend of $0.45 per share. The ex-dividend date of this dividend was Monday, July 1st. This represents a $1.80 annualized dividend and a dividend yield of 3.09%. Ventas’s dividend payout ratio is currently -947.37%.

Insiders Place Their Bets

In related news, CEO Debra A. Cafaro sold 40,079 shares of the stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $57.29, for a total value of $2,296,125.91. Following the sale, the chief executive officer now owns 986,717 shares in the company, valued at $56,529,016.93. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, CAO Gregory R. Liebbe sold 14,625 shares of the stock in a transaction on Friday, May 10th. The stock was sold at an average price of $47.70, for a total value of $697,612.50. Following the sale, the chief accounting officer now owns 12,524 shares in the company, valued at $597,394.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Debra A. Cafaro sold 40,079 shares of the stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $57.29, for a total value of $2,296,125.91. Following the completion of the sale, the chief executive officer now owns 986,717 shares in the company, valued at approximately $56,529,016.93. The disclosure for this sale can be found here. Insiders have sold a total of 60,633 shares of company stock worth $3,306,585 over the last 90 days. Corporate insiders own 1.00% of the company’s stock.

Analyst Ratings Changes

A number of research firms have issued reports on VTR. Wells Fargo & Company boosted their target price on Ventas from $46.00 to $49.00 and gave the company an “equal weight” rating in a research note on Thursday, May 30th. Evercore ISI upped their price objective on Ventas from $53.00 to $56.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 16th. StockNews.com raised Ventas from a “sell” rating to a “hold” rating in a research report on Wednesday, July 10th. Scotiabank upped their price objective on Ventas from $47.00 to $51.00 and gave the stock a “sector perform” rating in a research report on Thursday, May 16th. Finally, Wedbush upped their price objective on Ventas from $54.00 to $64.00 and gave the stock an “outperform” rating in a research report on Monday. Five analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, Ventas currently has an average rating of “Moderate Buy” and a consensus target price of $52.92.

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.