Sheaff Brock Investment Advisors LLC bought a new position in Ventas, Inc. (NYSE:VTR – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 3,760 shares of the real estate investment trust’s stock, valued at approximately $241,000.
A number of other large investors have also added to or reduced their stakes in VTR. CIBC Asset Management Inc boosted its position in Ventas by 10.0% in the third quarter. CIBC Asset Management Inc now owns 59,761 shares of the real estate investment trust’s stock worth $3,832,000 after purchasing an additional 5,421 shares during the last quarter. OneDigital Investment Advisors LLC lifted its stake in shares of Ventas by 6.2% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 5,070 shares of the real estate investment trust’s stock worth $325,000 after purchasing an additional 298 shares during the period. Balboa Wealth Partners boosted its holdings in shares of Ventas by 44.5% in the third quarter. Balboa Wealth Partners now owns 7,617 shares of the real estate investment trust’s stock worth $488,000 after buying an additional 2,347 shares during the last quarter. Impax Asset Management Group plc boosted its holdings in shares of Ventas by 160.5% in the third quarter. Impax Asset Management Group plc now owns 43,814 shares of the real estate investment trust’s stock worth $2,810,000 after buying an additional 26,994 shares during the last quarter. Finally, Tokio Marine Asset Management Co. Ltd. grew its position in Ventas by 12.0% during the third quarter. Tokio Marine Asset Management Co. Ltd. now owns 12,881 shares of the real estate investment trust’s stock valued at $826,000 after buying an additional 1,381 shares during the period. Institutional investors own 94.18% of the company’s stock.
Ventas Price Performance
Shares of Ventas stock opened at $63.60 on Friday. The company has a market capitalization of $26.67 billion, a price-to-earnings ratio of -374.10, a PEG ratio of 2.94 and a beta of 1.36. 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 stock’s 50-day simple moving average is $64.20 and its 200-day simple moving average is $56.87. Ventas, Inc. has a 52 week low of $41.45 and a 52 week high of $67.61.
Ventas Announces Dividend
Analyst Upgrades and Downgrades
Several research firms have weighed in on VTR. Evercore ISI increased their price target 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. StockNews.com raised Ventas from a “sell” rating to a “hold” rating in a report on Friday, November 1st. Scotiabank boosted their price target on Ventas from $59.00 to $65.00 and gave the company a “sector perform” rating in a report on Friday, October 11th. Wedbush upped their price target on Ventas from $64.00 to $71.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 10th. Finally, Wolfe Research raised Ventas to a “strong-buy” rating in a research report on Friday, August 9th. Two research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Ventas presently has an average rating of “Moderate Buy” and a consensus target price of $63.63.
Check Out Our Latest Analysis on VTR
Insiders Place Their Bets
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 value of $8,022,980.16. Following the sale, the chief executive officer now owns 986,717 shares in the company, valued at $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 available through the SEC website. Also, 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 transaction, the chief executive officer now owns 90,795 shares of the company’s stock, valued at approximately $5,900,767.05. The trade was a 6.20 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 140,454 shares of company stock worth $9,263,815 in the last three months. 1.00% of the stock is owned by company 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.
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