Vinva Investment Management Ltd Reduces Stock Holdings in Ventas, Inc. (NYSE:VTR)

Vinva Investment Management Ltd lessened its stake in Ventas, Inc. (NYSE:VTR) by 22.8% in the third quarter, Holdings Channel reports. The fund owned 19,398 shares of the real estate investment trust’s stock after selling 5,715 shares during the quarter. Vinva Investment Management Ltd’s holdings in Ventas were worth $1,238,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Ventas by 862.7% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,932,017 shares of the real estate investment trust’s stock valued at $252,160,000 after purchasing an additional 3,523,594 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in shares of Ventas by 105.2% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,420,322 shares of the real estate investment trust’s stock worth $347,605,000 after purchasing an additional 2,778,408 shares during the last quarter. ANTIPODES PARTNERS Ltd bought a new stake in Ventas in the second quarter valued at $73,517,000. FMR LLC boosted its stake in Ventas by 4.4% during the 3rd quarter. FMR LLC now owns 23,364,810 shares of the real estate investment trust’s stock valued at $1,498,385,000 after purchasing an additional 982,795 shares during the period. Finally, Zurich Insurance Group Ltd FI boosted its position in shares of Ventas by 217.4% during the second quarter. Zurich Insurance Group Ltd FI now owns 856,525 shares of the real estate investment trust’s stock worth $43,905,000 after buying an additional 586,676 shares during the period. Institutional investors and hedge funds own 94.18% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on VTR. StockNews.com raised Ventas from a “sell” rating to a “hold” rating in a report on Friday, November 1st. Royal Bank of Canada raised their target price on shares of Ventas from $52.00 to $63.00 and gave the stock an “outperform” rating in a report on Friday, August 9th. Wells Fargo & Company raised Ventas from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $61.00 to $71.00 in a research report on Tuesday, October 1st. Evercore ISI increased their target price on shares of Ventas from $64.00 to $70.00 and gave the stock an “outperform” rating in a research report on Monday, September 16th. Finally, Wedbush lifted their price target on Ventas from $64.00 to $71.00 and gave the company an “outperform” rating in a report on Tuesday, September 10th. Two investment 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. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $63.63.

Insider Buying and Selling

In related news, CEO Debra A. Cafaro sold 121,248 shares of Ventas stock in a transaction that occurred on Tuesday, October 29th. The stock was sold at an average price of $66.17, for a total transaction of $8,022,980.16. Following the completion of the sale, the chief executive officer now directly 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 position. 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 dated 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 of the company’s stock, valued at $5,900,767.05. This trade represents a 6.20 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 140,079 shares of company stock worth $9,241,311. Company insiders own 1.00% of the company’s stock.

Ventas Stock Down 0.7 %

VTR stock opened at $64.07 on Friday. The stock has a market capitalization of $26.88 billion, a P/E ratio of -376.88, a P/E/G ratio of 2.98 and a beta of 1.36. Ventas, Inc. has a fifty-two week low of $41.45 and a fifty-two week high of $67.61. The business has a 50-day moving average of $64.17 and a 200-day moving average of $58.00. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.04 and a quick ratio of 1.04.

Ventas Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 17th. Stockholders of record on Tuesday, October 1st were given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.81%. The ex-dividend date of this dividend was Tuesday, October 1st. Ventas’s dividend payout ratio (DPR) is presently -1,058.82%.

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.