Global Wealth Management Investment Advisory Inc. Grows Stock Holdings in Ventas, Inc. (NYSE:VTR)

Global Wealth Management Investment Advisory Inc. raised its stake in shares of Ventas, Inc. (NYSE:VTR) by 7.2% in the 3rd quarter, Holdings Channel reports. The fund owned 11,301 shares of the real estate investment trust’s stock after acquiring an additional 756 shares during the quarter. Global Wealth Management Investment Advisory Inc.’s holdings in Ventas were worth $725,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. First Community Trust NA acquired a new position in shares of Ventas in the second quarter valued at approximately $25,000. ORG Partners LLC purchased a new position in Ventas during the 2nd quarter worth $27,000. EdgeRock Capital LLC purchased a new position in Ventas during the 2nd quarter worth $41,000. Global X Japan Co. Ltd. acquired a new stake in shares of Ventas in the 3rd quarter worth $48,000. Finally, Friedenthal Financial purchased a new stake in shares of Ventas in the second quarter valued at about $51,000. 94.18% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on VTR shares. 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 report on Monday, September 16th. Wells Fargo & Company raised Ventas from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $61.00 to $71.00 in a research note on Tuesday, October 1st. Wolfe Research upgraded Ventas to a “strong-buy” rating in a research note on Friday, August 9th. StockNews.com upgraded Ventas from a “sell” rating to a “hold” rating in a research report on Friday. Finally, Scotiabank raised their target price on Ventas from $59.00 to $65.00 and gave the company a “sector perform” rating in a report on Friday, October 11th. Two investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Ventas currently has a consensus rating of “Moderate Buy” and a consensus price target of $63.63.

Insider Buying and Selling at Ventas

In other Ventas news, CEO Debra A. Cafaro sold 121,248 shares of the company’s stock in a transaction dated 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 of the company’s stock, valued at $65,291,063.89. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other Ventas news, CEO Debra A. Cafaro sold 121,248 shares of the firm’s stock in a transaction on Tuesday, October 29th. The stock was sold at an average price of $66.17, for a total transaction of $8,022,980.16. Following the completion of the transaction, the chief executive officer now owns 986,717 shares of the company’s stock, valued at approximately $65,291,063.89. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Debra A. Cafaro sold 6,827 shares of the business’s stock in a transaction on Thursday, September 5th. The stock was sold at an average price of $63.20, for a total value of $431,466.40. Following the completion of the transaction, the chief executive officer now directly owns 986,717 shares of the company’s stock, valued at approximately $62,360,514.40. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 160,454 shares of company stock worth $10,441,215. 1.00% of the stock is owned by corporate insiders.

Ventas Price Performance

VTR traded down $0.49 during trading on Tuesday, reaching $63.86. 69,713 shares of the stock were exchanged, compared to its average volume of 2,382,720. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.39. Ventas, Inc. has a 1 year low of $41.45 and a 1 year high of $67.61. The business’s 50 day moving average price is $63.79 and its two-hundred day moving average price is $55.66.

Ventas Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 17th. Investors of record on Tuesday, October 1st were paid a $0.45 dividend. The ex-dividend date was Tuesday, October 1st. This represents a $1.80 dividend on an annualized basis and a yield of 2.82%. Ventas’s payout ratio is -1,058.76%.

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.