Caprock Group LLC Acquires Shares of 3,489 Ventas, Inc. (NYSE:VTR)

Caprock Group LLC bought a new stake in shares of Ventas, Inc. (NYSE:VTR) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 3,489 shares of the real estate investment trust’s stock, valued at approximately $224,000.

Several other institutional investors and hedge funds have also modified their holdings of VTR. Dimensional Fund Advisors LP grew its stake in 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 purchasing an additional 96,482 shares in the last quarter. Price T Rowe Associates Inc. MD raised its position in Ventas by 8.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 5,489,159 shares of the real estate investment trust’s stock valued at $239,000,000 after acquiring an additional 413,564 shares in the last quarter. Massachusetts Financial Services Co. MA acquired a new stake in Ventas in the second quarter valued at approximately $135,425,000. Canada Pension Plan Investment Board lifted its stake in Ventas by 0.4% in the second quarter. Canada Pension Plan Investment Board now owns 1,756,752 shares of the real estate investment trust’s stock valued at $90,051,000 after acquiring an additional 7,585 shares during the last quarter. Finally, ANTIPODES PARTNERS Ltd bought a new stake in Ventas in the second quarter worth approximately $73,517,000. 94.18% of the stock is currently owned by hedge funds and other institutional investors.

Ventas Stock Performance

Shares of VTR stock opened at $63.55 on Monday. The stock has a market cap of $26.66 billion, a PE ratio of -373.80, a price-to-earnings-growth ratio of 2.94 and a beta of 1.36. The stock has a 50-day moving average of $64.11 and a 200-day moving average of $57.56. 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, Inc. has a one year low of $41.45 and a one year high of $67.61.

Ventas Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 17th. Investors of record on Tuesday, October 1st were paid a dividend of $0.45 per share. The ex-dividend date was Tuesday, October 1st. This represents a $1.80 dividend on an annualized basis and a yield of 2.83%. Ventas’s payout ratio is -1,058.76%.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Wedbush increased their target price on shares of Ventas from $64.00 to $71.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 10th. Evercore ISI raised their price objective on Ventas from $64.00 to $70.00 and gave the company an “outperform” rating in a research note on Monday, September 16th. Wolfe Research upgraded Ventas to a “strong-buy” rating in a report on Friday, August 9th. StockNews.com upgraded shares of Ventas from a “sell” rating to a “hold” rating in a research note on Friday, November 1st. Finally, Wells Fargo & Company upgraded shares of Ventas from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $61.00 to $71.00 in a research note 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 company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $63.63.

Insiders Place Their Bets

In other Ventas news, CEO Peter J. Bulgarelli sold 6,000 shares of the firm’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 value 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. This trade represents a 6.20 % 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. 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 transaction of $431,466.40. Following the transaction, the chief executive officer now owns 986,717 shares in the company, valued at approximately $62,360,514.40. The trade was a 0.69 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 140,079 shares of company stock worth $9,241,311. Company insiders own 1.00% of the company’s stock.

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.