Wolverine Asset Management LLC Acquires New Shares in Ventas, Inc. (NYSE:VTR)

Wolverine Asset Management LLC bought a new position in shares of Ventas, Inc. (NYSE:VTR) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 5,300 shares of the real estate investment trust’s stock, valued at approximately $340,000.

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

Insider Buying and Selling at Ventas

In other news, CEO Debra A. Cafaro sold 6,827 shares of Ventas stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of $63.20, for a total value of $431,466.40. Following the completion of the transaction, the chief executive officer now directly owns 986,717 shares of the company’s stock, valued at approximately $62,360,514.40. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other Ventas news, CEO Debra A. Cafaro sold 6,827 shares of the stock in a transaction that occurred on Thursday, September 5th. The stock was sold at an average price of $63.20, for a total transaction of $431,466.40. Following the transaction, the chief executive officer now directly owns 986,717 shares in the company, valued at approximately $62,360,514.40. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Debra A. Cafaro sold 121,248 shares of the firm’s stock in a transaction that occurred on Tuesday, October 29th. The stock was sold at an average price of $66.17, for a total transaction of $8,022,980.16. Following the sale, the chief executive officer now directly owns 986,717 shares of the company’s stock, valued at approximately $65,291,063.89. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 140,454 shares of company stock valued at $9,263,815. 1.00% of the stock is currently owned by insiders.

Analysts Set New Price Targets

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

Ventas Stock Down 0.0 %

Shares of NYSE VTR opened at $64.46 on Thursday. The company’s 50 day moving average price is $64.13 and its 200-day moving average price is $56.55. 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, Inc. has a 52-week low of $41.45 and a 52-week high of $67.61. The company has a market capitalization of $27.03 billion, a P/E ratio of -379.15, a price-to-earnings-growth ratio of 2.98 and a beta of 1.36.

Ventas Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 17th. Investors of record on Tuesday, October 1st were issued a $0.45 dividend. The ex-dividend date was Tuesday, October 1st. This represents a $1.80 annualized dividend and a yield of 2.79%. Ventas’s payout ratio is -1,058.76%.

About Ventas

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.