Ventas, Inc. (NYSE:VTR) Shares Purchased by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. increased its holdings in shares of Ventas, Inc. (NYSE:VTR) by 13.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 198,778 shares of the real estate investment trust’s stock after purchasing an additional 24,086 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Ventas were worth $12,748,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. First Community Trust NA acquired a new stake in shares of Ventas during the 2nd quarter worth about $25,000. ORG Partners LLC acquired a new stake in shares of Ventas during the 2nd quarter worth about $27,000. EdgeRock Capital LLC acquired a new position in Ventas in the 2nd quarter valued at about $41,000. Global X Japan Co. Ltd. acquired a new position in Ventas in the 3rd quarter valued at about $48,000. Finally, Friedenthal Financial acquired a new position in Ventas in the 2nd quarter valued at about $51,000. 94.18% of the stock is owned by institutional investors and hedge funds.

Ventas Trading Down 1.2 %

Shares of VTR opened at $63.55 on Monday. The stock has a 50-day simple moving average of $64.11 and a 200-day simple moving average of $57.56. Ventas, Inc. has a 1 year low of $41.45 and a 1 year high of $67.61. 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 Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 17th. Investors of record on Tuesday, October 1st were paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 2.83%. The ex-dividend date was Tuesday, October 1st. Ventas’s payout ratio is -1,058.76%.

Insider Buying and Selling

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

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Scotiabank lifted their target price on Ventas from $59.00 to $65.00 and gave the company a “sector perform” rating in a research report on Friday, October 11th. StockNews.com raised Ventas from a “sell” rating to a “hold” rating in a research report on Friday, November 1st. Evercore ISI lifted their target price on Ventas from $64.00 to $70.00 and gave the company an “outperform” rating in a research report on Monday, September 16th. Wells Fargo & Company raised Ventas from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $61.00 to $71.00 in a research report on Tuesday, October 1st. Finally, Wolfe Research raised Ventas to a “strong-buy” rating in a research report on Friday, August 9th. Two equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target 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.