Tidal Investments LLC Has $634,000 Position in Ventas, Inc. (NYSE:VTR)

Tidal Investments LLC increased its position in shares of Ventas, Inc. (NYSE:VTR) by 18.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,952 shares of the real estate investment trust’s stock after buying an additional 1,550 shares during the quarter. Tidal Investments LLC’s holdings in Ventas were worth $634,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Global X Japan Co. Ltd. bought a new position in shares of Ventas during the 3rd quarter worth about $48,000. Morse Asset Management Inc bought a new position in Ventas during the third quarter worth about $64,000. Hanseatic Management Services Inc. bought a new position in Ventas during the third quarter worth about $74,000. Tobam acquired a new stake in Ventas during the third quarter valued at approximately $79,000. Finally, Brooklyn Investment Group bought a new stake in shares of Ventas in the 3rd quarter valued at approximately $80,000. 94.18% of the stock is currently owned by institutional investors.

Insider Transactions at Ventas

In related news, CEO Debra A. Cafaro sold 121,248 shares of the company’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 value of $8,022,980.16. Following the sale, the chief executive officer now directly owns 986,717 shares in the company, valued at $65,291,063.89. This represents a 10.94 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company insiders own 1.00% of the company’s stock.

Wall Street Analyst Weigh In

VTR has been the topic of a number of analyst reports. Wedbush reiterated an “outperform” rating and issued a $75.00 price target on shares of Ventas in a research report on Thursday. Robert W. Baird upped their target price on shares of Ventas from $65.00 to $66.00 and gave the stock a “neutral” rating in a report on Friday. StockNews.com raised shares of Ventas from a “sell” rating to a “hold” rating in a report on Saturday. Mizuho decreased their price objective on shares of Ventas from $71.00 to $68.00 and set an “outperform” rating on the stock in a research note on Thursday, December 5th. Finally, Scotiabank lifted 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. Three analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $65.67.

Ventas Stock Performance

NYSE:VTR opened at $58.76 on Friday. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.39. The firm has a market capitalization of $24.65 billion, a PE ratio of -345.63, a price-to-earnings-growth ratio of 2.78 and a beta of 1.36. Ventas, Inc. has a twelve month low of $41.45 and a twelve month high of $67.61. The stock’s 50-day simple moving average is $63.36 and its 200 day simple moving average is $59.33.

Ventas Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 16th. Stockholders of record on Tuesday, December 31st will be paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 3.06%. The ex-dividend date is Tuesday, December 31st. Ventas’s payout ratio is -1,058.82%.

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.