KBC Group NV Has $36.56 Million Holdings in Ventas, Inc. (NYSE:VTR)

KBC Group NV boosted its holdings in shares of Ventas, Inc. (NYSE:VTR) by 341.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 570,112 shares of the real estate investment trust’s stock after purchasing an additional 440,966 shares during the period. KBC Group NV’s holdings in Ventas were worth $36,561,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Centersquare Investment Management LLC increased its stake in shares of Ventas by 11.5% in the first quarter. Centersquare Investment Management LLC now owns 7,806,396 shares of the real estate investment trust’s stock valued at $345,667,000 after buying an additional 802,546 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Ventas by 1.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 5,931,538 shares of the real estate investment trust’s stock worth $304,047,000 after acquiring an additional 96,482 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in Ventas by 8.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,489,159 shares of the real estate investment trust’s stock valued at $239,000,000 after acquiring an additional 413,564 shares in the last quarter. Massachusetts Financial Services Co. MA bought a new position in shares of Ventas in the second quarter worth about $135,425,000. Finally, Canada Pension Plan Investment Board lifted its position in shares of Ventas by 0.4% during the second quarter. Canada Pension Plan Investment Board now owns 1,756,752 shares of the real estate investment trust’s stock worth $90,051,000 after purchasing an additional 7,585 shares in the last quarter. 94.18% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Ventas

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 value of $431,466.40. Following the sale, the chief executive officer now directly owns 986,717 shares in the company, valued at approximately $62,360,514.40. This trade represents a 0.69 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Peter J. Bulgarelli sold 6,000 shares of Ventas 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 transaction, the chief executive officer now directly 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 disclosure for this sale can be found here. Insiders have sold 140,454 shares of company stock worth $9,263,815 in the last ninety days. Company insiders own 1.00% of the company’s stock.

Analyst Ratings Changes

VTR has been the subject of a number of research reports. Evercore ISI raised 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. Scotiabank lifted their target price on Ventas from $59.00 to $65.00 and gave the company a “sector perform” rating in a research note on Friday, October 11th. StockNews.com upgraded Ventas from a “sell” rating to a “hold” rating in a research report on Friday, November 1st. Royal Bank of Canada raised their price target on Ventas from $52.00 to $63.00 and gave the company an “outperform” rating in a report on Friday, August 9th. Finally, Wells Fargo & Company raised 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 report on Tuesday, October 1st. Two analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $63.63.

Ventas Trading Down 1.5 %

NYSE VTR opened at $63.50 on Friday. Ventas, Inc. has a 12 month low of $41.45 and a 12 month high of $67.61. The stock has a 50-day simple moving average of $64.17 and a 200 day simple moving average of $56.60. 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 business also recently declared a quarterly dividend, which was paid on Thursday, October 17th. Stockholders of record on Tuesday, October 1st were paid a $0.45 dividend. The ex-dividend date was Tuesday, October 1st. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.83%. Ventas’s dividend payout ratio (DPR) is presently -1,058.76%.

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.