Mutual of America Capital Management LLC Acquires 4,603 Shares of Ventas, Inc. (NYSE:VTR)

Mutual of America Capital Management LLC boosted its holdings in shares of Ventas, Inc. (NYSE:VTR) by 5.3% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 90,875 shares of the real estate investment trust’s stock after acquiring an additional 4,603 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Ventas were worth $5,828,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. First Community Trust NA purchased a new position in shares of Ventas in the 2nd quarter valued at $25,000. ORG Partners LLC purchased a new position in Ventas in the second quarter valued at about $27,000. EdgeRock Capital LLC bought a new position in Ventas in the second quarter worth about $41,000. Global X Japan Co. Ltd. purchased a new stake in shares of Ventas during the third quarter valued at about $48,000. Finally, Friedenthal Financial bought a new stake in shares of Ventas in the 2nd quarter valued at about $51,000. Institutional investors own 94.18% of the company’s stock.

Ventas Price Performance

Shares of NYSE VTR opened at $64.25 on Wednesday. Ventas, Inc. has a 52 week low of $41.45 and a 52 week high of $67.61. The business’s 50 day moving average price is $64.18 and its 200 day moving average price is $57.21. 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 cap of $26.95 billion, a P/E ratio of -377.92, a P/E/G ratio of 2.94 and a beta of 1.36.

Ventas Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 17th. Investors of record on Tuesday, October 1st were issued a dividend of $0.45 per share. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $1.80 annualized dividend and a dividend yield of 2.80%. Ventas’s dividend payout ratio (DPR) is presently -1,058.76%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on VTR shares. Wedbush boosted their price objective on shares of Ventas from $64.00 to $71.00 and gave the stock an “outperform” rating in a research note on Tuesday, September 10th. Evercore ISI increased their price objective on Ventas from $64.00 to $70.00 and gave the company an “outperform” rating in a report on Monday, September 16th. Wells Fargo & Company raised Ventas from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $61.00 to $71.00 in a research report on Tuesday, October 1st. StockNews.com raised Ventas from a “sell” rating to a “hold” rating in a research report on Friday, November 1st. Finally, Wolfe Research raised Ventas to a “strong-buy” rating in a report on Friday, August 9th. Two research 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 company’s stock. Based on data from MarketBeat, Ventas currently has a consensus rating of “Moderate Buy” and an average price target of $63.63.

Insider Activity at Ventas

In related news, CEO Peter J. Bulgarelli sold 6,000 shares of Ventas stock in a transaction that occurred 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 completion of the transaction, the chief executive officer now directly owns 90,795 shares in the company, valued at approximately $5,900,767.05. This trade represents a 6.20 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Debra A. Cafaro sold 121,248 shares of the business’s stock in a transaction that occurred on Tuesday, October 29th. The shares were sold at an average price of $66.17, for a total value of $8,022,980.16. Following the completion of the transaction, the chief executive officer now directly owns 986,717 shares of the company’s stock, valued at $65,291,063.89. The trade was a 10.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 140,454 shares of company stock worth $9,263,815 over the last three months. Company insiders own 1.00% of the company’s stock.

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.