Gilman Hill Asset Management LLC Sells 3,144 Shares of Ventas, Inc. (NYSE:VTR)

Gilman Hill Asset Management LLC reduced its position in Ventas, Inc. (NYSE:VTR) by 3.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 95,834 shares of the real estate investment trust’s stock after selling 3,144 shares during the period. Gilman Hill Asset Management LLC’s holdings in Ventas were worth $5,644,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Friedenthal Financial raised its position in shares of Ventas by 1,183.7% in the third quarter. Friedenthal Financial now owns 12,773 shares of the real estate investment trust’s stock valued at $819,000 after purchasing an additional 11,778 shares during the period. Tandem Capital Management Corp ADV raised its holdings in Ventas by 62.1% during the 3rd quarter. Tandem Capital Management Corp ADV now owns 27,730 shares of the real estate investment trust’s stock valued at $1,778,000 after acquiring an additional 10,620 shares during the period. Perpetual Ltd purchased a new stake in shares of Ventas during the third quarter worth $544,000. Healthcare of Ontario Pension Plan Trust Fund lifted its position in shares of Ventas by 7.9% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 332,300 shares of the real estate investment trust’s stock worth $21,310,000 after acquiring an additional 24,300 shares in the last quarter. Finally, abrdn plc boosted its holdings in shares of Ventas by 28.7% in the third quarter. abrdn plc now owns 961,359 shares of the real estate investment trust’s stock worth $61,878,000 after acquiring an additional 214,384 shares during the period. 94.18% of the stock is owned by hedge funds and other institutional investors.

Ventas Stock Performance

Shares of Ventas stock opened at $58.85 on Monday. The company has a fifty day moving average of $60.75 and a 200-day moving average of $60.47. Ventas, Inc. has a 52-week low of $41.45 and a 52-week 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.

Ventas Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 16th. Stockholders of record on Tuesday, December 31st were paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 3.06%. The ex-dividend date was Tuesday, December 31st. Ventas’s dividend payout ratio (DPR) is presently -1,058.76%.

Insider Transactions at Ventas

In related news, CEO Debra A. Cafaro sold 6,004 shares of the firm’s stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $66.11, for a total value of $396,924.44. Following the sale, the chief executive officer now directly owns 986,717 shares of the company’s stock, valued at $65,231,860.87. This trade represents a 0.60 % 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. Company insiders own 1.00% of the company’s stock.

Analysts Set New Price Targets

VTR has been the topic of a number of recent research reports. Wedbush reissued an “outperform” rating and set a $75.00 price objective on shares of Ventas in a report on Thursday, December 19th. Wells Fargo & Company raised shares of Ventas from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $61.00 to $71.00 in a report on Tuesday, October 1st. Scotiabank upped their target price on shares of Ventas from $59.00 to $65.00 and gave the stock a “sector perform” rating in a report on Friday, October 11th. Robert W. Baird upgraded shares of Ventas from a “neutral” rating to an “outperform” rating and reduced their price target for the company from $66.00 to $65.00 in a research report on Friday. Finally, Baird R W upgraded Ventas from a “hold” rating to a “strong-buy” rating in a research report on Friday. Two analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $67.13.

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.