1,252 Shares in Ventas, Inc. (NYSE:VTR) Acquired by Brooklyn Investment Group

Brooklyn Investment Group purchased a new position in Ventas, Inc. (NYSE:VTR) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 1,252 shares of the real estate investment trust’s stock, valued at approximately $80,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. First Community Trust NA purchased a new position in Ventas in the 2nd quarter valued at $25,000. ORG Partners LLC acquired a new stake in shares of Ventas during the second quarter valued at about $27,000. EdgeRock Capital LLC acquired a new stake in shares of Ventas in the 2nd quarter valued at about $41,000. Global X Japan Co. Ltd. acquired a new position in shares of Ventas in the 3rd quarter valued at about $48,000. Finally, Friedenthal Financial bought a new stake in shares of Ventas during the second quarter valued at approximately $51,000. Institutional investors and hedge funds own 94.18% of the company’s stock.

Ventas Stock Performance

NYSE:VTR opened at $64.54 on Friday. The stock’s fifty day moving average price is $64.13 and its two-hundred day moving average price is $57.89. Ventas, Inc. has a 1 year low of $41.45 and a 1 year high of $67.61. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.04 and a current ratio of 1.04.

Ventas Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 17th. Investors of record on Tuesday, October 1st were given a $0.45 dividend. The ex-dividend date was Tuesday, October 1st. This represents a $1.80 dividend on an annualized basis and a yield of 2.79%. Ventas’s payout ratio is -1,058.76%.

Insider Buying and Selling at Ventas

In related news, CEO Debra A. Cafaro sold 6,827 shares of the business’s stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of $63.20, for a total transaction of $431,466.40. Following the transaction, the chief executive officer now owns 986,717 shares in the company, valued at $62,360,514.40. The trade was a 0.69 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, 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 value of $389,940.00. Following the completion of the sale, the chief executive officer now directly owns 90,795 shares in the company, valued at approximately $5,900,767.05. The trade was a 6.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 140,079 shares of company stock worth $9,241,311 over the last ninety days. Insiders own 1.00% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. StockNews.com raised Ventas from a “sell” rating to a “hold” rating in a research note on Friday, November 1st. Wolfe Research upgraded shares of Ventas to a “strong-buy” rating in a research note on Friday, August 9th. Scotiabank upped their target price on shares of Ventas from $59.00 to $65.00 and gave the company a “sector perform” rating in a research note on Friday, October 11th. Royal Bank of Canada upped their target price on shares of Ventas from $52.00 to $63.00 and gave the company an “outperform” rating in a research note on Friday, August 9th. Finally, Wells Fargo & Company raised shares of Ventas from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $61.00 to $71.00 in a research note on Tuesday, October 1st. Two equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus 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.