EdgeRock Capital LLC Buys Shares of 799 Ventas, Inc. (NYSE:VTR)

EdgeRock Capital LLC bought a new stake in shares of Ventas, Inc. (NYSE:VTR) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 799 shares of the real estate investment trust’s stock, valued at approximately $37,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Deutsche Bank AG lifted its position in Ventas by 315.0% during the third quarter. Deutsche Bank AG now owns 3,218,555 shares of the real estate investment trust’s stock valued at $135,598,000 after purchasing an additional 2,443,076 shares in the last quarter. Resolution Capital Ltd purchased a new position in Ventas during the third quarter valued at $77,297,000. FMR LLC grew its stake in Ventas by 7.1% during the third quarter. FMR LLC now owns 22,246,452 shares of the real estate investment trust’s stock valued at $937,243,000 after acquiring an additional 1,483,908 shares in the last quarter. Rush Island Management LP purchased a new position in shares of Ventas in the 3rd quarter worth $56,815,000. Finally, Vision Capital Corp purchased a new position in shares of Ventas in the 3rd quarter worth $31,598,000. Institutional investors own 94.18% of the company’s stock.

Ventas Stock Up 0.7 %

Shares of NYSE:VTR traded up $0.31 during trading hours on Wednesday, hitting $47.44. The company’s stock had a trading volume of 2,622,964 shares, compared to its average volume of 2,392,118. Ventas, Inc. has a 52 week low of $39.33 and a 52 week high of $50.99. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.63 and a quick ratio of 0.63. The company has a market capitalization of $19.20 billion, a price-to-earnings ratio of -249.68, a P/E/G ratio of 2.52 and a beta of 1.25. The firm’s fifty day moving average price is $43.53 and its 200 day moving average price is $45.25.

Ventas Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 18th. Stockholders of record on Monday, April 1st were issued a $0.45 dividend. The ex-dividend date was Thursday, March 28th. This represents a $1.80 annualized dividend and a dividend yield of 3.79%. Ventas’s dividend payout ratio is currently -947.37%.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on VTR. Bank of America raised shares of Ventas from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $48.00 to $53.00 in a research note on Tuesday, January 16th. Deutsche Bank Aktiengesellschaft began coverage on shares of Ventas in a research note on Tuesday, January 30th. They set a “buy” rating and a $60.00 price target for the company. Evercore ISI raised shares of Ventas from an “in-line” rating to an “outperform” rating and set a $50.00 price target for the company in a research note on Monday, March 18th. StockNews.com cut shares of Ventas from a “hold” rating to a “sell” rating in a research note on Tuesday, February 13th. Finally, Wells Fargo & Company reaffirmed an “equal weight” rating and set a $46.00 price target (down from $52.00) on shares of Ventas in a research note on Monday, February 26th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $51.25.

Insider Activity

In other news, CFO Robert F. Probst sold 18,500 shares of the business’s stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of $47.11, for a total value of $871,535.00. Following the completion of the sale, the chief financial officer now owns 176,403 shares in the company, valued at approximately $8,310,345.33. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 1.00% of the company’s stock.

Ventas 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.