Coldstream Capital Management Inc. Buys 608 Shares of Ventas, Inc. (NYSE:VTR)

Coldstream Capital Management Inc. grew its stake in shares of Ventas, Inc. (NYSE:VTR) by 10.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,177 shares of the real estate investment trust’s stock after purchasing an additional 608 shares during the period. Coldstream Capital Management Inc.’s holdings in Ventas were worth $396,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of VTR. Geode Capital Management LLC grew its stake in Ventas by 2.4% in the third quarter. Geode Capital Management LLC now owns 10,411,293 shares of the real estate investment trust’s stock worth $665,559,000 after purchasing an additional 245,922 shares during the period. Prestige Wealth Management Group LLC grew its position in shares of Ventas by 1,308.7% in the 3rd quarter. Prestige Wealth Management Group LLC now owns 5,508 shares of the real estate investment trust’s stock worth $353,000 after buying an additional 5,117 shares during the period. Groupama Asset Managment increased its stake in shares of Ventas by 2,210.7% in the 3rd quarter. Groupama Asset Managment now owns 550,000 shares of the real estate investment trust’s stock worth $35,272,000 after acquiring an additional 526,198 shares in the last quarter. Nomura Asset Management Co. Ltd. grew its holdings in Ventas by 3.3% in the third quarter. Nomura Asset Management Co. Ltd. now owns 639,564 shares of the real estate investment trust’s stock worth $41,015,000 after purchasing an additional 20,253 shares during the period. Finally, MML Investors Services LLC increased its stake in shares of Ventas by 15.6% during the third quarter. MML Investors Services LLC now owns 19,976 shares of the real estate investment trust’s stock valued at $1,281,000 after purchasing an additional 2,690 shares in the last quarter. 94.18% of the stock is owned by institutional investors.

Ventas Price Performance

NYSE VTR opened at $59.91 on Friday. The stock has a market capitalization of $25.13 billion, a price-to-earnings ratio of -352.41, a PEG ratio of 2.78 and a beta of 1.36. 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 current ratio of 1.04 and a quick ratio of 1.04. The business’s fifty day moving average price is $63.71 and its 200-day moving average price is $59.00.

Ventas Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 16th. Shareholders of record on Tuesday, December 31st will be given a $0.45 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $1.80 annualized dividend and a yield of 3.00%. Ventas’s payout ratio is -1,058.82%.

Insider Buying and Selling at Ventas

In related news, CEO Debra A. Cafaro sold 121,248 shares of the firm’s stock in a transaction that occurred on Tuesday, October 29th. The shares were sold at an average price of $66.17, for a total value of $8,022,980.16. Following the transaction, 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 10.94 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 1.00% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Mizuho reduced their price objective on Ventas from $71.00 to $68.00 and set an “outperform” rating for the company in a research report on Thursday, December 5th. Scotiabank lifted their price target on Ventas from $59.00 to $65.00 and gave the stock a “sector perform” rating in a research report on Friday, October 11th. StockNews.com downgraded shares of Ventas from a “hold” rating to a “sell” rating in a research report on Friday. Wedbush reaffirmed an “outperform” rating and issued a $75.00 target price on shares of Ventas in a report on Tuesday, December 3rd. Finally, Evercore ISI increased their price target on shares of Ventas from $64.00 to $70.00 and gave the company an “outperform” rating in a report on Monday, September 16th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Ventas has a consensus rating of “Moderate Buy” and a consensus target price of $65.63.

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.