Ventas, Inc. (NYSE:VTR) Holdings Decreased by Principal Financial Group Inc.

Principal Financial Group Inc. lessened its stake in Ventas, Inc. (NYSE:VTR) by 2.1% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 18,875,005 shares of the real estate investment trust’s stock after selling 396,934 shares during the period. Ventas accounts for 0.7% of Principal Financial Group Inc.’s portfolio, making the stock its 29th biggest holding. Principal Financial Group Inc. owned about 4.57% of Ventas worth $1,210,448,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Massachusetts Financial Services Co. MA bought a new position in Ventas during the second quarter valued at about $135,425,000. ANTIPODES PARTNERS Ltd bought a new position in shares of Ventas during the 2nd quarter valued at about $73,517,000. Centersquare Investment Management LLC grew its stake in shares of Ventas by 11.5% in the 1st quarter. Centersquare Investment Management LLC now owns 7,806,396 shares of the real estate investment trust’s stock worth $345,667,000 after purchasing an additional 802,546 shares during the last quarter. Zurich Insurance Group Ltd FI raised its holdings in shares of Ventas by 217.4% in the 2nd quarter. Zurich Insurance Group Ltd FI now owns 856,525 shares of the real estate investment trust’s stock worth $43,905,000 after purchasing an additional 586,676 shares in the last quarter. Finally, Mackenzie Financial Corp lifted its stake in Ventas by 1,247.7% during the second quarter. Mackenzie Financial Corp now owns 496,531 shares of the real estate investment trust’s stock valued at $25,452,000 after purchasing an additional 459,689 shares during the last quarter. 94.18% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Ventas

In other news, CEO Debra A. Cafaro sold 121,248 shares of the 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 transaction, the chief executive officer now owns 986,717 shares in the company, valued at $65,291,063.89. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other Ventas news, CEO Debra A. Cafaro sold 6,004 shares of the business’s stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $66.11, for a total value of $396,924.44. Following the completion of the sale, the chief executive officer now owns 986,717 shares of the company’s stock, valued at $65,231,860.87. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Debra A. Cafaro sold 121,248 shares of the company’s stock in a transaction dated Tuesday, October 29th. The stock was sold at an average price of $66.17, for a total value of $8,022,980.16. Following the sale, the chief executive officer now owns 986,717 shares of the company’s stock, valued at approximately $65,291,063.89. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 140,454 shares of company stock worth $9,263,815 over the last ninety days. 1.00% of the stock is currently owned by insiders.

Ventas Trading Down 1.9 %

Ventas stock opened at $63.22 on Thursday. The stock has a market cap of $26.51 billion, a P/E ratio of -371.86, a P/E/G ratio of 2.86 and a beta of 1.36. The company has a quick ratio of 1.04, a current 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 company’s fifty day simple moving average is $63.91 and its 200-day simple moving average is $55.86.

Ventas Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 17th. Investors of record on Tuesday, October 1st were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 2.85%. The ex-dividend date of this dividend was Tuesday, October 1st. Ventas’s payout ratio is presently -1,058.76%.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. Wedbush lifted their price target on shares of Ventas from $64.00 to $71.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 10th. Scotiabank boosted their target price on Ventas from $59.00 to $65.00 and gave the stock a “sector perform” rating in a research report on Friday, October 11th. Royal Bank of Canada lifted their price target on Ventas from $52.00 to $63.00 and gave the stock an “outperform” rating in a research note on Friday, August 9th. Wells Fargo & Company raised shares of Ventas from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $61.00 to $71.00 in a research note on Tuesday, October 1st. Finally, Evercore ISI lifted their target price on shares of Ventas from $64.00 to $70.00 and gave the stock an “outperform” rating in a research report on Monday, September 16th. Two investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $63.63.

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.