Ventas, Inc. (NYSE:VTR) Shares Purchased by Huntington National Bank

Huntington National Bank increased its holdings in shares of Ventas, Inc. (NYSE:VTR) by 38.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,563 shares of the real estate investment trust’s stock after buying an additional 435 shares during the quarter. Huntington National Bank’s holdings in Ventas were worth $100,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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 during the second quarter valued at about $25,000. ORG Partners LLC acquired a new position in Ventas during the 2nd quarter valued at approximately $27,000. EdgeRock Capital LLC purchased a new position in shares of Ventas in the second quarter worth $41,000. Global X Japan Co. Ltd. acquired a new stake in shares of Ventas during the third quarter worth $48,000. Finally, Friedenthal Financial purchased a new stake in shares of Ventas during the second quarter valued at $51,000. 94.18% of the stock is owned by institutional investors and hedge funds.

Ventas Stock Performance

VTR opened at $63.60 on Monday. The firm has a fifty day moving average price of $64.20 and a 200 day moving average price of $56.96. Ventas, Inc. has a 1 year low of $41.45 and a 1 year high of $67.61. The stock has a market cap of $26.67 billion, a P/E ratio of -374.10, a P/E/G ratio of 2.94 and a beta of 1.36. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.04 and a quick ratio of 1.04.

Ventas Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 17th. Shareholders of record on Tuesday, October 1st were given a $0.45 dividend. The ex-dividend date was Tuesday, October 1st. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.83%. Ventas’s dividend payout ratio (DPR) is currently -1,058.76%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Scotiabank raised their target price on Ventas from $59.00 to $65.00 and gave the stock a “sector perform” rating in a research note on Friday, October 11th. Wedbush lifted their target price on Ventas from $64.00 to $71.00 and gave the stock an “outperform” rating in a report on Tuesday, September 10th. StockNews.com upgraded Ventas from a “sell” rating to a “hold” rating in a research report on Friday, November 1st. Royal Bank of Canada raised their price target on shares of Ventas from $52.00 to $63.00 and gave the stock an “outperform” rating in a research report on Friday, August 9th. Finally, Wolfe Research raised shares of Ventas to a “strong-buy” rating in a 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 company’s stock. According to data from MarketBeat.com, Ventas currently has a consensus rating of “Moderate Buy” and an average target price of $63.63.

Insider Transactions at Ventas

In other news, CEO Peter J. Bulgarelli sold 6,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 10th. The stock was 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 of the company’s stock, valued at $5,900,767.05. This represents a 6.20 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Debra A. Cafaro sold 121,248 shares of Ventas stock in a transaction on Tuesday, October 29th. The shares were sold at an average price of $66.17, for a total transaction of $8,022,980.16. Following the completion of the sale, the chief executive officer now directly owns 986,717 shares in the company, valued at $65,291,063.89. This represents a 10.94 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 140,454 shares of company stock valued at $9,263,815 in the last ninety days. 1.00% of the stock is currently owned by corporate insiders.

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.