Quantbot Technologies LP bought a new position in Ventas, Inc. (NYSE:VTR – Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 102,940 shares of the real estate investment trust’s stock, valued at approximately $6,602,000.
Several other institutional investors have also recently made changes to their positions in the company. D.A. Davidson & CO. grew its stake in Ventas by 0.8% in the third quarter. D.A. Davidson & CO. now owns 34,801 shares of the real estate investment trust’s stock worth $2,232,000 after purchasing an additional 288 shares during the period. FMR LLC lifted its position in Ventas by 4.4% during the third quarter. FMR LLC now owns 23,364,810 shares of the real estate investment trust’s stock valued at $1,498,385,000 after buying an additional 982,795 shares during the period. The Manufacturers Life Insurance Company boosted its holdings in shares of Ventas by 3.5% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 302,947 shares of the real estate investment trust’s stock valued at $19,428,000 after buying an additional 10,134 shares in the last quarter. Truvestments Capital LLC purchased a new stake in shares of Ventas in the 3rd quarter worth about $137,000. Finally, Harvest Fund Management Co. Ltd increased its stake in shares of Ventas by 667.7% in the 3rd quarter. Harvest Fund Management Co. Ltd now owns 14,348 shares of the real estate investment trust’s stock worth $920,000 after acquiring an additional 12,479 shares in the last quarter. Institutional investors own 94.18% of the company’s stock.
Ventas Price Performance
NYSE VTR opened at $63.22 on Tuesday. Ventas, Inc. has a one year low of $41.45 and a one year high of $67.61. The stock has a 50-day moving average of $64.08 and a 200 day moving average of $57.68. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.04 and a current ratio of 1.04. The company has a market capitalization of $26.52 billion, a price-to-earnings ratio of -371.88, a PEG ratio of 2.94 and a beta of 1.36.
Ventas Announces Dividend
Insider Activity at Ventas
In related news, CEO Peter J. Bulgarelli sold 6,000 shares of the company’s stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $64.99, for a total transaction of $389,940.00. Following the completion of the sale, the chief executive officer now owns 90,795 shares in the company, valued at approximately $5,900,767.05. This represents a 6.20 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Debra A. Cafaro sold 6,004 shares of the firm’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 transaction, the chief executive officer now directly owns 986,717 shares in the company, valued at $65,231,860.87. The trade was a 0.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 140,079 shares of company stock worth $9,241,311 over the last quarter. Company insiders own 1.00% of the company’s stock.
Wall Street Analysts Forecast Growth
VTR has been the topic of several research reports. Wells Fargo & Company raised shares of Ventas from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $61.00 to $71.00 in a research note on Tuesday, October 1st. StockNews.com raised Ventas from a “sell” rating to a “hold” rating in a research report on Friday, November 1st. Wedbush boosted their target price on Ventas from $64.00 to $71.00 and gave the stock an “outperform” rating in a report on Tuesday, September 10th. Evercore ISI increased their target price on Ventas from $64.00 to $70.00 and gave the stock an “outperform” rating in a research note on Monday, September 16th. Finally, Wolfe Research raised Ventas to a “strong-buy” rating in a research report on Friday, August 9th. 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 stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $63.63.
View Our Latest Analysis 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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