Victory Capital Management Inc. Increases Stock Holdings in Ventas, Inc. (NYSE:VTR)

Victory Capital Management Inc. grew its stake in Ventas, Inc. (NYSE:VTR) by 2.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 127,422 shares of the real estate investment trust’s stock after acquiring an additional 3,468 shares during the period. Victory Capital Management Inc.’s holdings in Ventas were worth $8,172,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. First Community Trust NA acquired a new stake in Ventas in the second quarter worth about $25,000. ORG Partners LLC purchased a new stake in shares of Ventas during the 2nd quarter valued at approximately $27,000. EdgeRock Capital LLC purchased a new stake in Ventas in the second quarter valued at approximately $41,000. Global X Japan Co. Ltd. acquired a new stake in Ventas during the 3rd quarter worth approximately $48,000. Finally, Friedenthal Financial purchased a new position in Ventas in the second quarter valued at $51,000. 94.18% of the stock is currently owned by institutional investors.

Ventas Stock Performance

Shares of VTR stock opened at $64.30 on Friday. The firm has a market cap of $26.97 billion, a P/E ratio of -378.21, a PEG ratio of 2.97 and a beta of 1.36. The stock’s 50-day moving average is $64.14 and its two-hundred day moving average is $57.31. Ventas, Inc. has a fifty-two week low of $41.45 and a fifty-two week high of $67.61. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.04 and a quick ratio of 1.04.

Ventas Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 17th. Stockholders of record on Tuesday, October 1st were paid a dividend of $0.45 per share. The ex-dividend date 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%.

Wall Street Analyst Weigh In

VTR has been the subject of several recent analyst reports. Evercore ISI boosted their target price on Ventas from $64.00 to $70.00 and gave the stock 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 report on Friday, November 1st. Royal Bank of Canada boosted their target price on Ventas from $52.00 to $63.00 and gave the stock an “outperform” rating in a report on Friday, August 9th. Wolfe Research upgraded shares of Ventas to a “strong-buy” rating in a research note on Friday, August 9th. Finally, Scotiabank lifted their price target on Ventas from $59.00 to $65.00 and gave the stock a “sector perform” rating in a research note on Friday, October 11th. Two analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $63.63.

Insider Buying and Selling at Ventas

In other Ventas news, CEO Peter J. Bulgarelli sold 6,000 shares of the firm’s stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $64.99, for a total value of $389,940.00. Following the completion of the sale, the chief executive officer now owns 90,795 shares in the company, valued at approximately $5,900,767.05. This trade represents a 6.20 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Debra A. Cafaro sold 121,248 shares of Ventas stock in a transaction 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 sale, the chief executive officer now directly owns 986,717 shares of the company’s stock, valued at $65,291,063.89. This trade represents a 10.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 140,454 shares of company stock valued at $9,263,815 in the last 90 days. 1.00% of the stock is currently owned by insiders.

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.