NorthRock Partners LLC cut its position in shares of Ventas, Inc. (NYSE:VTR – Free Report) by 16.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,522 shares of the real estate investment trust’s stock after selling 880 shares during the quarter. NorthRock Partners LLC’s holdings in Ventas were worth $290,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Signaturefd LLC grew its holdings in shares of Ventas by 2.1% during the 3rd quarter. Signaturefd LLC now owns 8,120 shares of the real estate investment trust’s stock worth $521,000 after purchasing an additional 165 shares during the period. Profund Advisors LLC lifted its position in Ventas by 3.3% during the second quarter. Profund Advisors LLC now owns 6,270 shares of the real estate investment trust’s stock valued at $321,000 after buying an additional 199 shares in the last quarter. Bleakley Financial Group LLC grew its stake in Ventas by 3.7% during the third quarter. Bleakley Financial Group LLC now owns 5,639 shares of the real estate investment trust’s stock worth $362,000 after buying an additional 203 shares during the period. V Square Quantitative Management LLC grew its stake in Ventas by 3.9% during the third quarter. V Square Quantitative Management LLC now owns 5,832 shares of the real estate investment trust’s stock worth $374,000 after buying an additional 217 shares during the period. Finally, Roman Butler Fullerton & Co. increased its position in shares of Ventas by 4.5% in the third quarter. Roman Butler Fullerton & Co. now owns 5,434 shares of the real estate investment trust’s stock worth $349,000 after acquiring an additional 232 shares in the last quarter. 94.18% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling
In other Ventas news, CEO Debra A. Cafaro sold 6,827 shares of the stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $63.20, for a total transaction of $431,466.40. Following the transaction, the chief executive officer now directly owns 986,717 shares in the company, valued at $62,360,514.40. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In related news, CEO Peter J. Bulgarelli sold 6,000 shares of the business’s stock in a transaction dated Tuesday, September 10th. The stock was 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 directly owns 90,795 shares of the company’s stock, valued at $5,900,767.05. 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 through this link. Also, CEO Debra A. Cafaro sold 6,827 shares of the company’s stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of $63.20, for a total value of $431,466.40. Following the sale, the chief executive officer now owns 986,717 shares in the company, valued at $62,360,514.40. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 140,454 shares of company stock worth $9,263,815. Insiders own 1.00% of the company’s stock.
Ventas Trading Down 1.9 %
Ventas Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, October 17th. Stockholders of record on Tuesday, October 1st were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.85%. The ex-dividend date was Tuesday, October 1st. Ventas’s payout ratio is currently -1,058.76%.
Analyst Upgrades and Downgrades
VTR has been the subject of several recent research reports. Scotiabank increased their price target on Ventas from $59.00 to $65.00 and gave the company a “sector perform” rating in a report on Friday, October 11th. StockNews.com upgraded Ventas from a “sell” rating to a “hold” rating in a research note on Friday, November 1st. Royal Bank of Canada raised their target price on Ventas from $52.00 to $63.00 and gave the company an “outperform” rating in a report on Friday, August 9th. Wolfe Research upgraded Ventas to a “strong-buy” rating in a report on Friday, August 9th. Finally, Evercore ISI lifted their price objective on shares of Ventas from $64.00 to $70.00 and gave the company an “outperform” rating in a research note on Monday, September 16th. Two equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $63.63.
Get Our Latest Report on Ventas
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.
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