D.A. Davidson & CO. Has $2.23 Million Stock Position in Ventas, Inc. (NYSE:VTR)

D.A. Davidson & CO. boosted its holdings in shares of Ventas, Inc. (NYSE:VTR) by 0.8% in the third quarter, HoldingsChannel reports. The fund owned 34,801 shares of the real estate investment trust’s stock after buying an additional 288 shares during the quarter. D.A. Davidson & CO.’s holdings in Ventas were worth $2,232,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of VTR. FMR LLC lifted its position in shares of Ventas by 4.4% in the third quarter. FMR LLC now owns 23,364,810 shares of the real estate investment trust’s stock worth $1,498,385,000 after purchasing an additional 982,795 shares in the last quarter. The Manufacturers Life Insurance Company increased its stake in Ventas by 3.5% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 302,947 shares of the real estate investment trust’s stock valued at $19,428,000 after buying an additional 10,134 shares during the period. Truvestments Capital LLC purchased a new stake in Ventas in the 3rd quarter worth approximately $137,000. Harvest Fund Management Co. Ltd grew its holdings in shares of Ventas by 667.7% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 14,348 shares of the real estate investment trust’s stock valued at $920,000 after acquiring an additional 12,479 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in shares of Ventas during the 3rd quarter valued at about $241,000. 94.18% of the stock is currently owned by institutional investors and hedge funds.

Ventas Trading Down 0.7 %

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 business has a 50 day moving average price of $64.17 and a two-hundred day moving average price of $58.00. The stock has a market cap of $26.88 billion, a price-to-earnings ratio of -376.88, a price-to-earnings-growth ratio of 2.98 and a beta of 1.36.

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 $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 2.81%. Ventas’s payout ratio is currently -1,058.82%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on VTR shares. Wells Fargo & Company raised shares of Ventas from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $61.00 to $71.00 in a research note on Tuesday, October 1st. Royal Bank of Canada raised their price objective on Ventas from $52.00 to $63.00 and gave the company an “outperform” rating in a research note on Friday, August 9th. Wedbush increased their price target on Ventas from $64.00 to $71.00 and gave the company an “outperform” rating in a report on Tuesday, September 10th. Scotiabank boosted their target price on shares of Ventas from $59.00 to $65.00 and gave the stock a “sector perform” rating in a research report on Friday, October 11th. Finally, Evercore ISI increased their target price on Ventas from $64.00 to $70.00 and gave the company an “outperform” rating in a research note on Monday, September 16th. Two research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $63.63.

Insider Buying and Selling

In other Ventas 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 transaction of $8,022,980.16. Following the completion of the transaction, 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Peter J. Bulgarelli sold 6,000 shares of the business’s stock in a transaction dated Tuesday, September 10th. The shares were 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 owns 90,795 shares in the company, valued at approximately $5,900,767.05. This trade represents a 6.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 140,079 shares of company stock valued at $9,241,311 over the last quarter. Corporate insiders own 1.00% of the company’s stock.

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.