Securian Asset Management Inc. Has $1.19 Million Stock Position in Ventas, Inc. (NYSE:VTR)

Securian Asset Management Inc. lowered its holdings in Ventas, Inc. (NYSE:VTR) by 2.1% in the second quarter, Holdings Channel.com reports. The firm owned 23,204 shares of the real estate investment trust’s stock after selling 488 shares during the period. Securian Asset Management Inc.’s holdings in Ventas were worth $1,189,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Manchester Capital Management LLC increased its position in shares of Ventas by 77.9% during the 4th quarter. Manchester Capital Management LLC now owns 514 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 225 shares in the last quarter. First Financial Corp IN acquired a new stake in shares of Ventas in the 1st quarter valued at approximately $30,000. EdgeRock Capital LLC bought a new position in shares of Ventas during the fourth quarter worth approximately $37,000. Pacific Capital Wealth Advisors Inc. bought a new stake in Ventas in the 4th quarter valued at $38,000. Finally, Livelsberger Financial Advisory bought a new position in Ventas during the 4th quarter worth $55,000. Institutional investors and hedge funds own 94.18% of the company’s stock.

Wall Street Analyst Weigh In

VTR has been the topic of several recent research reports. StockNews.com raised shares of Ventas from a “sell” rating to a “hold” rating in a report on Wednesday, July 10th. Wells Fargo & Company increased their price objective on shares of Ventas from $46.00 to $49.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 30th. Scotiabank upped their target price on Ventas from $55.00 to $59.00 and gave the stock a “sector perform” rating in a report on Wednesday, August 7th. Evercore ISI increased their target price on Ventas from $53.00 to $56.00 and gave the company an “outperform” rating in a research report on Tuesday, July 16th. Finally, Wedbush raised their price objective on shares of Ventas from $54.00 to $64.00 and gave the company an “outperform” rating in a report on Monday, August 5th. Five analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, Ventas has an average rating of “Moderate Buy” and an average target price of $54.31.

Ventas Price Performance

Shares of Ventas stock traded down $0.51 during trading hours on Monday, reaching $58.86. The stock had a trading volume of 1,430,581 shares, compared to its average volume of 2,315,108. Ventas, Inc. has a twelve month low of $39.33 and a twelve month high of $59.50. The firm has a market capitalization of $24.32 billion, a PE ratio of -308.98, a PEG ratio of 2.63 and a beta of 1.33. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 1.36. The stock’s 50 day moving average is $52.40 and its 200 day moving average is $47.51.

Ventas (NYSE:VTR) last issued its earnings results on Thursday, August 1st. The real estate investment trust reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.74). The business had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.19 billion. Ventas had a negative net margin of 3.33% and a negative return on equity of 1.63%. Ventas’s quarterly revenue was up 8.6% on a year-over-year basis. During the same quarter last year, the company earned $0.75 earnings per share. Equities analysts expect that Ventas, Inc. will post 3.16 earnings per share for the current fiscal year.

Ventas Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 18th. Investors of record on Monday, July 1st were paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 3.06%. The ex-dividend date of this dividend was Monday, July 1st. Ventas’s payout ratio is currently -947.32%.

Insider Buying and Selling

In other news, Director Walter C. Rakowich sold 2,145 shares of the firm’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 transaction of $103,818.00. Following the transaction, the director now directly owns 26,031 shares in the company, valued at $1,259,900.40. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other Ventas news, CEO Debra A. Cafaro sold 40,079 shares of the business’s stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $57.29, for a total value of $2,296,125.91. Following the transaction, the chief executive officer now directly owns 986,717 shares of the company’s stock, valued at approximately $56,529,016.93. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Walter C. Rakowich sold 2,145 shares of Ventas 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 completion of the sale, the director now directly owns 26,031 shares in the company, valued at approximately $1,259,900.40. The disclosure for this sale can be found here. Insiders have sold a total of 66,008 shares of company stock valued at $3,786,372 in the last ninety days. Company insiders own 1.00% of the company’s stock.

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.