Ventas, Inc. (NYSE:VTR) Stake Lessened by American International Group Inc.

American International Group Inc. cut its stake in Ventas, Inc. (NYSE:VTR) by 0.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 105,491 shares of the real estate investment trust’s stock after selling 958 shares during the period. American International Group Inc.’s holdings in Ventas were worth $5,258,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Principal Financial Group Inc. increased its holdings in shares of Ventas by 0.6% in the fourth quarter. Principal Financial Group Inc. now owns 19,812,595 shares of the real estate investment trust’s stock valued at $987,460,000 after buying an additional 120,614 shares in the last quarter. Centersquare Investment Management LLC boosted its position in shares of Ventas by 5.5% in the 4th quarter. Centersquare Investment Management LLC now owns 7,003,850 shares of the real estate investment trust’s stock valued at $349,072,000 after purchasing an additional 363,153 shares during the period. Dimensional Fund Advisors LP increased its stake in Ventas by 0.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 5,864,001 shares of the real estate investment trust’s stock worth $292,273,000 after purchasing an additional 19,643 shares in the last quarter. Legal & General Group Plc raised its holdings in Ventas by 3.2% during the 3rd quarter. Legal & General Group Plc now owns 5,575,523 shares of the real estate investment trust’s stock worth $234,897,000 after buying an additional 173,415 shares during the period. Finally, Northern Trust Corp lifted its stake in Ventas by 1.7% during the third quarter. Northern Trust Corp now owns 5,321,475 shares of the real estate investment trust’s stock valued at $224,194,000 after buying an additional 88,489 shares in the last quarter. 94.18% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Ventas

In other Ventas news, Director Walter C. Rakowich sold 2,145 shares of the company’s stock in a transaction that occurred on Wednesday, May 15th. The shares were sold at an average price of $48.40, for a total value of $103,818.00. Following the transaction, the director now owns 26,031 shares in the company, valued at approximately $1,259,900.40. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other news, CAO Gregory R. Liebbe sold 14,625 shares of the stock in a transaction on Friday, May 10th. The shares were sold at an average price of $47.70, for a total transaction of $697,612.50. Following the transaction, the chief accounting officer now owns 12,524 shares in the company, valued at approximately $597,394.80. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Walter C. Rakowich sold 2,145 shares of the 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 approximately $1,259,900.40. The disclosure for this sale can be found here. In the last quarter, insiders have sold 35,270 shares of company stock worth $1,672,966. 1.00% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Evercore ISI raised shares of Ventas from an “in-line” rating to an “outperform” rating and set a $50.00 target price on the stock in a research report on Monday, March 18th. Scotiabank upped their price target on shares of Ventas from $47.00 to $51.00 and gave the company a “sector perform” rating in a research report on Thursday, May 16th. Finally, Wells Fargo & Company upped their price target on shares of Ventas from $46.00 to $49.00 and gave the company an “equal weight” rating in a research report on Thursday, May 30th. One research analyst has rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $51.46.

Ventas Stock Up 0.7 %

Ventas stock opened at $50.42 on Friday. The firm has a market cap of $20.41 billion, a PE ratio of -265.35, a P/E/G ratio of 2.59 and a beta of 1.33. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.63 and a current ratio of 0.63. The firm’s 50 day moving average price is $47.30 and its two-hundred day moving average price is $46.38. Ventas, Inc. has a twelve month low of $39.33 and a twelve month high of $50.99.

Ventas Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 18th. Shareholders of record on Monday, July 1st will be paid a $0.45 dividend. The ex-dividend date is Monday, July 1st. This represents a $1.80 annualized dividend and a yield of 3.57%. Ventas’s dividend payout ratio is presently -947.32%.

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.