Ventas, Inc. (NYSE:VTR) Shares Sold by Atria Investments Inc

Atria Investments Inc cut its stake in shares of Ventas, Inc. (NYSE:VTR) by 10.6% in the third quarter, HoldingsChannel.com reports. The fund owned 14,843 shares of the real estate investment trust’s stock after selling 1,757 shares during the period. Atria Investments Inc’s holdings in Ventas were worth $952,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in VTR. First Community Trust NA acquired a new position in shares of Ventas during the 2nd quarter worth about $25,000. ORG Partners LLC purchased a new position in shares of Ventas in the second quarter valued at approximately $27,000. EdgeRock Capital LLC acquired a new stake in shares of Ventas in the second quarter worth approximately $41,000. Global X Japan Co. Ltd. purchased a new stake in shares of Ventas during the third quarter worth approximately $48,000. Finally, Friedenthal Financial acquired a new position in Ventas in the 2nd quarter valued at $51,000. 94.18% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Ventas news, CEO Peter J. Bulgarelli sold 6,000 shares of the stock in a transaction dated Tuesday, September 10th. The shares were 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 owns 90,795 shares of the company’s stock, valued at $5,900,767.05. This trade represents a 6.20 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Debra A. Cafaro sold 6,004 shares of the business’s stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $66.11, for a total transaction of $396,924.44. Following the completion of the sale, the chief executive officer now directly owns 986,717 shares in the company, valued at $65,231,860.87. This trade represents a 0.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 140,454 shares of company stock valued at $9,263,815. 1.00% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several brokerages have issued reports on VTR. Wolfe Research raised shares of Ventas to a “strong-buy” rating in a research note on Friday, August 9th. StockNews.com upgraded shares of Ventas from a “sell” rating to a “hold” rating in a research report on Friday, November 1st. Royal Bank of Canada increased their price objective on shares of Ventas from $52.00 to $63.00 and gave the company an “outperform” rating in a report on Friday, August 9th. Evercore ISI boosted their target price on Ventas from $64.00 to $70.00 and gave the stock an “outperform” rating in a report on Monday, September 16th. Finally, Scotiabank upped their price target on Ventas from $59.00 to $65.00 and gave the company a “sector perform” rating in a research report on Friday, October 11th. Two investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $63.63.

Ventas Stock Up 0.2 %

VTR stock opened at $63.60 on Monday. Ventas, Inc. has a one year low of $41.45 and a one year high of $67.61. The firm has a market cap of $26.67 billion, a PE ratio of -374.10, a PEG ratio of 2.94 and a beta of 1.36. The firm’s 50 day moving average price is $64.20 and its 200-day moving average price is $56.96. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.04 and a current ratio of 1.04.

Ventas Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 17th. Stockholders of record on Tuesday, October 1st were issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.83%. The ex-dividend date of this dividend was Tuesday, October 1st. Ventas’s dividend payout ratio is presently -1,058.76%.

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.