Ventas, Inc. (NYSE:VTR) Shares Sold by Livforsakringsbolaget Skandia Omsesidigt

Livforsakringsbolaget Skandia Omsesidigt lowered its stake in shares of Ventas, Inc. (NYSE:VTR) by 54.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 680 shares of the real estate investment trust’s stock after selling 800 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Ventas were worth $35,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Manchester Capital Management LLC boosted its position in Ventas by 77.9% during the 4th quarter. Manchester Capital Management LLC now owns 514 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 225 shares during the period. First Financial Corp IN acquired a new position in Ventas during the 1st quarter worth $30,000. Pacific Capital Wealth Advisors Inc. acquired a new position in Ventas during the 4th quarter worth $38,000. EdgeRock Capital LLC acquired a new position in Ventas during the 4th quarter worth $37,000. Finally, Livelsberger Financial Advisory acquired a new position in Ventas during the 4th quarter worth $55,000. Institutional investors and hedge funds own 94.18% of the company’s stock.

Analysts Set New Price Targets

VTR has been the subject of a number of analyst reports. Wells Fargo & Company boosted their price target on Ventas from $46.00 to $49.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 30th. Wedbush boosted their price objective on Ventas from $54.00 to $64.00 and gave the stock an “outperform” rating in a research note on Monday, August 5th. Evercore ISI boosted their price objective on Ventas from $53.00 to $56.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 16th. Scotiabank boosted their price objective on Ventas from $55.00 to $59.00 and gave the stock a “sector perform” rating in a research note on Wednesday, August 7th. Finally, Royal Bank of Canada boosted their price objective on Ventas from $52.00 to $63.00 and gave the stock an “outperform” rating in a research note on Friday. Five investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, Ventas presently has an average rating of “Moderate Buy” and a consensus target price of $54.31.

Insider Activity

In other news, Director Walter C. Rakowich sold 2,145 shares of Ventas stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $48.40, for a total transaction of $103,818.00. Following the transaction, the director now owns 26,031 shares in the company, valued at $1,259,900.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, CEO Debra A. Cafaro sold 40,079 shares of the company’s stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of $57.29, for a total transaction of $2,296,125.91. Following the completion of the sale, the chief executive officer now owns 986,717 shares in the company, valued at approximately $56,529,016.93. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Walter C. Rakowich sold 2,145 shares of the stock in a transaction that occurred on Wednesday, May 15th. The stock was sold at an average price of $48.40, for a total value of $103,818.00. Following the completion of the transaction, the director now directly owns 26,031 shares of the company’s stock, valued at $1,259,900.40. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 66,008 shares of company stock worth $3,786,372. 1.00% of the stock is owned by corporate insiders.

Ventas Price Performance

Shares of Ventas stock traded down $0.90 on Monday, reaching $58.47. 596,235 shares of the company were exchanged, compared to its average volume of 2,309,690. The stock has a fifty day moving average price of $52.40 and a 200-day moving average price of $47.51. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 1.36. Ventas, Inc. has a fifty-two week low of $39.33 and a fifty-two week high of $59.50.

Ventas (NYSE:VTR) last announced its earnings results on Thursday, August 1st. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.74). Ventas had a negative return on equity of 1.63% and a negative net margin of 3.33%. The company had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same period last year, the firm earned $0.75 earnings per share. The firm’s revenue for the quarter was up 8.6% on a year-over-year basis. Sell-side analysts expect that Ventas, Inc. will post 3.16 earnings per share for the current fiscal year.

Ventas Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 18th. Stockholders of record on Monday, July 1st were issued a dividend of $0.45 per share. The ex-dividend date of this dividend was Monday, July 1st. This represents a $1.80 dividend on an annualized basis and a dividend yield of 3.08%. Ventas’s dividend payout ratio is -947.32%.

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.