Groupama Asset Managment Has $35.27 Million Position in Ventas, Inc. (NYSE:VTR)

Groupama Asset Managment boosted its position in shares of Ventas, Inc. (NYSE:VTR) by 2,210.7% in the third quarter, Holdings Channel reports. The firm owned 550,000 shares of the real estate investment trust’s stock after purchasing an additional 526,198 shares during the period. Groupama Asset Managment’s holdings in Ventas were worth $35,272,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of VTR. State Street Corp boosted its holdings in shares of 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 buying an additional 581,870 shares during the period. FMR LLC boosted its holdings in shares of Ventas by 4.4% in the third quarter. FMR LLC now owns 23,364,810 shares of the real estate investment trust’s stock valued at $1,498,385,000 after buying an additional 982,795 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Ventas by 1.7% in the second quarter. Dimensional Fund Advisors LP now owns 5,931,538 shares of the real estate investment trust’s stock valued at $304,047,000 after buying an additional 96,482 shares during the period. Massachusetts Financial Services Co. MA boosted its holdings in shares of Ventas by 105.2% in the third quarter. Massachusetts Financial Services Co. MA now owns 5,420,322 shares of the real estate investment trust’s stock valued at $347,605,000 after buying an additional 2,778,408 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Ventas by 5.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 4,904,078 shares of the real estate investment trust’s stock valued at $314,499,000 after buying an additional 231,352 shares during the period. Institutional investors and hedge funds own 94.18% of the company’s stock.

Wall Street Analyst Weigh In

VTR has been the subject of several research analyst reports. Evercore ISI upped their price target on shares of Ventas from $64.00 to $70.00 and gave the company an “outperform” rating in a report on Monday, September 16th. Mizuho reduced their price target on shares of Ventas from $71.00 to $68.00 and set an “outperform” rating for the company in a report on Thursday. Wedbush reiterated an “outperform” rating and issued a $75.00 price target on shares of Ventas in a report on Tuesday, December 3rd. Scotiabank boosted their price objective on shares of Ventas from $59.00 to $65.00 and gave the stock a “sector perform” rating in a research report on Friday, October 11th. Finally, Wells Fargo & Company raised shares of Ventas from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $61.00 to $71.00 in a research report on Tuesday, October 1st. Two research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Ventas has a consensus rating of “Moderate Buy” and a consensus price target of $65.63.

Insiders Place Their Bets

In other news, CEO Debra A. Cafaro sold 6,004 shares of the stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $66.11, for a total value of $396,924.44. Following the transaction, the chief executive officer now directly owns 986,717 shares of the company’s stock, valued at $65,231,860.87. This represents a 0.60 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Peter J. Bulgarelli sold 6,000 shares of the stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $64.99, for a total transaction of $389,940.00. Following the completion of the transaction, the chief executive officer now directly owns 90,795 shares in the company, valued at $5,900,767.05. The trade was a 6.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 133,252 shares of company stock valued at $8,809,845. 1.00% of the stock is currently owned by corporate insiders.

Ventas Price Performance

NYSE VTR opened at $61.65 on Monday. 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 firm’s fifty day moving average price is $63.98 and its two-hundred day moving average price is $58.61. Ventas, Inc. has a 1 year low of $41.45 and a 1 year high of $67.61.

Ventas Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 17th. Shareholders of record on Tuesday, October 1st were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 2.92%. The ex-dividend date of this dividend was Tuesday, October 1st. Ventas’s dividend payout ratio (DPR) is currently -1,058.76%.

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.