Ventas, Inc. (NYSE:VTR) Shares Sold by Adelante Capital Management LLC

Adelante Capital Management LLC trimmed its stake in shares of Ventas, Inc. (NYSE:VTR) by 64.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 217,867 shares of the real estate investment trust’s stock after selling 387,429 shares during the quarter. Ventas makes up 0.6% of Adelante Capital Management LLC’s portfolio, making the stock its 20th biggest position. Adelante Capital Management LLC owned 0.05% of Ventas worth $13,972,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in VTR. Janus Henderson Group PLC increased its holdings in shares of Ventas by 14.1% in the 1st quarter. Janus Henderson Group PLC now owns 92,117 shares of the real estate investment trust’s stock valued at $4,009,000 after acquiring an additional 11,406 shares during the last quarter. B. Riley Wealth Advisors Inc. increased its stake in Ventas by 40.5% during the first quarter. B. Riley Wealth Advisors Inc. now owns 8,810 shares of the real estate investment trust’s stock valued at $375,000 after purchasing an additional 2,539 shares during the last quarter. Tidal Investments LLC raised its holdings in shares of Ventas by 359.9% during the first quarter. Tidal Investments LLC now owns 33,355 shares of the real estate investment trust’s stock worth $1,452,000 after purchasing an additional 26,102 shares during the period. Cetera Investment Advisers lifted its position in shares of Ventas by 480.0% in the 1st quarter. Cetera Investment Advisers now owns 35,325 shares of the real estate investment trust’s stock worth $1,538,000 after buying an additional 29,235 shares during the last quarter. Finally, Cetera Advisors LLC lifted its position in shares of Ventas by 47.4% in the 1st quarter. Cetera Advisors LLC now owns 8,347 shares of the real estate investment trust’s stock worth $363,000 after buying an additional 2,686 shares during the last quarter. 94.18% of the stock is owned by institutional investors and hedge funds.

Ventas Price Performance

Shares of Ventas stock opened at $64.07 on Friday. Ventas, Inc. has a 12-month low of $41.45 and a 12-month high of $67.61. 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 fifty day moving average is $64.17 and its 200-day moving average is $58.07.

Ventas Dividend Announcement

The business also recently disclosed 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 annualized dividend and a yield of 2.81%. Ventas’s payout ratio is presently -1,058.76%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. Royal Bank of Canada upped their target price on Ventas from $52.00 to $63.00 and gave the company an “outperform” rating in a report on Friday, August 9th. Wolfe Research upgraded Ventas to a “strong-buy” rating in a research report on Friday, August 9th. StockNews.com raised shares of Ventas from a “sell” rating to a “hold” rating in a research note on Friday, November 1st. Evercore ISI upped their target price on Ventas from $64.00 to $70.00 and gave the stock an “outperform” rating in a research report on Monday, September 16th. Finally, Wedbush increased their price target on Ventas from $64.00 to $71.00 and gave the company an “outperform” rating in a research note on Tuesday, September 10th. Two research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $63.63.

Insider Buying and Selling at Ventas

In other news, CEO Debra A. Cafaro sold 121,248 shares of the stock in a transaction 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 completion of the sale, the chief executive officer now owns 986,717 shares in the company, valued at $65,291,063.89. This represents a 10.94 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Peter J. Bulgarelli sold 6,000 shares of the firm’s 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 owns 90,795 shares of the company’s stock, 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 ninety days, insiders sold 140,079 shares of company stock valued at $9,241,311. 1.00% of the stock is currently owned by corporate 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.