Mendota Financial Group LLC Sells 1,130 Shares of Ventas, Inc. (NYSE:VTR)

Mendota Financial Group LLC reduced its stake in shares of Ventas, Inc. (NYSE:VTR) by 52.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,013 shares of the real estate investment trust’s stock after selling 1,130 shares during the quarter. Mendota Financial Group LLC’s holdings in Ventas were worth $60,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. ST Germain D J Co. Inc. bought a new position in Ventas during the 4th quarter worth approximately $27,000. Harbor Capital Advisors Inc. boosted its stake in shares of Ventas by 66.2% during the fourth quarter. Harbor Capital Advisors Inc. now owns 527 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 210 shares during the period. Global X Japan Co. Ltd. bought a new position in shares of Ventas in the third quarter worth approximately $48,000. Morse Asset Management Inc bought a new position in shares of Ventas in the third quarter worth approximately $64,000. Finally, Hanseatic Management Services Inc. purchased a new position in shares of Ventas in the third quarter worth $74,000. Hedge funds and other institutional investors own 94.18% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on VTR shares. Mizuho dropped their price target on shares of Ventas from $71.00 to $68.00 and set an “outperform” rating for the company in a research report on Thursday, December 5th. Evercore ISI increased their target price on shares of Ventas from $64.00 to $70.00 and gave the stock an “outperform” rating in a report on Monday, September 16th. 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. Robert W. Baird increased their price objective on Ventas from $65.00 to $66.00 and gave the stock a “neutral” rating in a report on Friday, December 20th. Finally, Wedbush reiterated an “outperform” rating and set a $75.00 price target on shares of Ventas in a research report on Thursday, December 19th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Ventas has an average rating of “Moderate Buy” and a consensus price target of $65.67.

Insider Transactions at Ventas

In other news, CEO Debra A. Cafaro sold 6,004 shares of the business’s stock in a transaction on Friday, October 25th. The stock was sold at an average price of $66.11, for a total value of $396,924.44. Following the completion of the transaction, the chief executive officer now owns 986,717 shares in the company, valued at $65,231,860.87. The trade was a 0.60 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 1.00% of the company’s stock.

Ventas Trading Up 1.0 %

Ventas stock opened at $57.97 on Tuesday. Ventas, Inc. has a 12 month low of $41.45 and a 12 month high of $67.61. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.39. The business’s fifty day simple moving average is $61.23 and its two-hundred day simple moving average is $60.34. The company has a market capitalization of $24.32 billion, a price-to-earnings ratio of -340.98, a price-to-earnings-growth ratio of 2.78 and a beta of 1.37.

Ventas Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 16th. Shareholders of record on Tuesday, December 31st will be issued a $0.45 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $1.80 annualized dividend and a yield of 3.11%. Ventas’s dividend payout ratio (DPR) is presently -1,058.82%.

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.