Carmel Capital Partners LLC Purchases 641 Shares of Ventas, Inc. (NYSE:VTR)

Carmel Capital Partners LLC boosted its stake in shares of Ventas, Inc. (NYSE:VTR) by 9.0% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,752 shares of the real estate investment trust’s stock after buying an additional 641 shares during the period. Carmel Capital Partners LLC’s holdings in Ventas were worth $497,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Massachusetts Financial Services Co. MA bought a new stake in shares of Ventas in the 2nd quarter worth $135,425,000. ANTIPODES PARTNERS Ltd bought a new stake in shares of Ventas in the 2nd quarter worth $73,517,000. Centersquare Investment Management LLC increased its holdings in shares of Ventas by 11.5% in the 1st quarter. Centersquare Investment Management LLC now owns 7,806,396 shares of the real estate investment trust’s stock worth $345,667,000 after purchasing an additional 802,546 shares in the last quarter. Zurich Insurance Group Ltd FI increased its holdings in shares of Ventas by 217.4% in the 2nd quarter. Zurich Insurance Group Ltd FI now owns 856,525 shares of the real estate investment trust’s stock worth $43,905,000 after purchasing an additional 586,676 shares in the last quarter. Finally, Mackenzie Financial Corp increased its holdings in shares of Ventas by 1,247.7% in the 2nd quarter. Mackenzie Financial Corp now owns 496,531 shares of the real estate investment trust’s stock worth $25,452,000 after purchasing an additional 459,689 shares in the last quarter. Institutional investors own 94.18% of the company’s stock.

Ventas Price Performance

NYSE:VTR opened at $65.16 on Friday. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.39. The business’s 50-day simple moving average is $64.04 and its two-hundred day simple moving average is $56.08. The stock has a market cap of $27.33 billion, a PE ratio of -383.29, a P/E/G ratio of 2.81 and a beta of 1.36. Ventas, Inc. has a 52 week low of $41.45 and a 52 week high of $67.61.

Ventas Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 17th. Shareholders of record on Tuesday, October 1st were issued a dividend of $0.45 per share. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $1.80 dividend on an annualized basis and a yield of 2.76%. Ventas’s dividend payout ratio is presently -1,058.82%.

Insider Buying and Selling at Ventas

In other news, CEO Peter J. Bulgarelli sold 6,000 shares of Ventas stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $64.99, for a total value of $389,940.00. Following the sale, the chief executive officer now directly owns 90,795 shares of the company’s stock, valued at approximately $5,900,767.05. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other news, CEO Peter J. Bulgarelli sold 6,000 shares of Ventas stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $64.99, for a total value of $389,940.00. Following the sale, the chief executive officer now directly owns 90,795 shares of the company’s stock, valued at approximately $5,900,767.05. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Debra A. Cafaro sold 121,248 shares of the business’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 value of $8,022,980.16. Following the sale, the chief executive officer now directly owns 986,717 shares in the company, valued at $65,291,063.89. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 140,454 shares of company stock valued at $9,263,815 over the last ninety days. 1.00% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

VTR has been the subject of a number of research analyst reports. Wedbush lifted their target price on Ventas from $64.00 to $71.00 and gave the stock an “outperform” rating in a report on Tuesday, September 10th. Wells Fargo & Company upgraded Ventas from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $61.00 to $71.00 in a research note on Tuesday, October 1st. Evercore ISI raised their price target on Ventas from $64.00 to $70.00 and gave the stock an “outperform” rating in a research note on Monday, September 16th. Royal Bank of Canada lifted their target price on Ventas from $52.00 to $63.00 and gave the company an “outperform” rating in a research report on Friday, August 9th. Finally, Scotiabank lifted their target price on Ventas from $59.00 to $65.00 and gave the company a “sector perform” rating in a research report on Friday, October 11th. Two investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $63.63.

Ventas Company 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.