GAMMA Investing LLC boosted its holdings in Ventas, Inc. (NYSE:VTR – Free Report) by 12.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,299 shares of the real estate investment trust’s stock after purchasing an additional 950 shares during the quarter. GAMMA Investing LLC’s holdings in Ventas were worth $489,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its holdings in shares of Ventas by 2.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 27,557,480 shares of the real estate investment trust’s stock valued at $1,767,261,000 after buying an additional 599,600 shares in the last quarter. State Street Corp boosted its stake in Ventas by 2.2% in the third quarter. State Street Corp now owns 26,671,227 shares of the real estate investment trust’s stock valued at $1,710,426,000 after acquiring an additional 581,870 shares in the last quarter. FMR LLC grew its holdings in shares of Ventas by 4.4% during the third quarter. FMR LLC now owns 23,364,810 shares of the real estate investment trust’s stock worth $1,498,385,000 after purchasing an additional 982,795 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Ventas by 2.4% during the third quarter. Geode Capital Management LLC now owns 10,411,293 shares of the real estate investment trust’s stock worth $665,559,000 after purchasing an additional 245,922 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Ventas by 1.7% during the second quarter. Dimensional Fund Advisors LP now owns 5,931,538 shares of the real estate investment trust’s stock worth $304,047,000 after purchasing an additional 96,482 shares in the last quarter. 94.18% of the stock is owned by institutional investors and hedge funds.
Ventas Price Performance
Shares of NYSE:VTR opened at $58.31 on Monday. Ventas, Inc. has a 52 week low of $41.45 and a 52 week high of $67.61. The company has a 50-day moving average price of $62.14 and a 200 day moving average price of $60.03. The company has a market cap of $24.46 billion, a P/E ratio of -342.98, a PEG ratio of 2.78 and a beta of 1.37. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.39.
Ventas Announces Dividend
Insider Buying and Selling
In other Ventas news, CEO Debra A. Cafaro sold 121,248 shares of the business’s stock in a transaction on Tuesday, October 29th. The shares were 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 in the company, valued at approximately $65,291,063.89. The trade was a 10.94 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 1.00% of the stock is currently owned by corporate insiders.
Analyst Upgrades and Downgrades
A number of research analysts recently issued reports on the company. Wedbush restated an “outperform” rating and set a $75.00 price target on shares of Ventas in a research note on Thursday, December 19th. Wells Fargo & Company raised shares of Ventas from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $61.00 to $71.00 in a report on Tuesday, October 1st. Robert W. Baird increased their price target on shares of Ventas from $65.00 to $66.00 and gave the stock a “neutral” rating in a research note on Friday, December 20th. Evercore ISI raised their price objective on shares of Ventas from $64.00 to $70.00 and gave the stock an “outperform” rating in a research report on Monday, September 16th. Finally, Scotiabank upped their target price on shares of Ventas from $59.00 to $65.00 and gave the company a “sector perform” rating in a report on Friday, October 11th. Three equities research 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 company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $65.67.
View Our Latest Stock Analysis on Ventas
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.
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