Global X Japan Co. Ltd. Takes Position in Ventas, Inc. (NYSE:VTR)

Global X Japan Co. Ltd. acquired a new position in shares of Ventas, Inc. (NYSE:VTR) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 754 shares of the real estate investment trust’s stock, valued at approximately $48,000.

Other hedge funds have also added to or reduced their stakes in the company. Wellington Management Group LLP lifted its stake in Ventas by 405.5% in the fourth quarter. Wellington Management Group LLP now owns 171,194 shares of the real estate investment trust’s stock valued at $8,532,000 after buying an additional 137,327 shares in the last quarter. International Assets Investment Management LLC lifted its position in Ventas by 64.4% in the 1st quarter. International Assets Investment Management LLC now owns 7,649 shares of the real estate investment trust’s stock valued at $328,000 after acquiring an additional 2,997 shares in the last quarter. First Financial Corp IN acquired a new position in Ventas in the 1st quarter worth $30,000. Wealth Enhancement Advisory Services LLC increased its holdings in Ventas by 54.3% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 22,680 shares of the real estate investment trust’s stock worth $987,000 after purchasing an additional 7,979 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. raised its stake in shares of Ventas by 21.9% in the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 6,163 shares of the real estate investment trust’s stock valued at $268,000 after purchasing an additional 1,108 shares during the period. Institutional investors and hedge funds own 94.18% of the company’s stock.

Insider Buying and Selling at Ventas

In other news, CFO Robert F. Probst sold 20,000 shares of the firm’s stock in a transaction dated Thursday, August 8th. The shares were sold at an average price of $58.87, for a total transaction of $1,177,400.00. Following the completion of the sale, the chief financial officer now owns 156,403 shares in the company, valued at approximately $9,207,444.61. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In other Ventas news, CFO Robert F. Probst sold 20,000 shares of the stock in a transaction dated Thursday, August 8th. The shares were sold at an average price of $58.87, for a total value of $1,177,400.00. Following the transaction, the chief financial officer now directly owns 156,403 shares of the company’s stock, valued at $9,207,444.61. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Peter J. Bulgarelli sold 3,784 shares of the business’s stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $55.24, for a total value of $209,028.16. Following the sale, the chief executive officer now owns 104,295 shares of the company’s stock, valued at approximately $5,761,255.80. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 77,065 shares of company stock worth $4,526,464 over the last ninety days. Insiders own 1.00% of the company’s stock.

Ventas Stock Performance

Shares of VTR stock opened at $65.86 on Thursday. The company has a fifty day moving average price of $62.77 and a two-hundred day moving average price of $54.31. Ventas, Inc. has a one year low of $40.98 and a one year high of $66.08. The stock has a market cap of $26.66 billion, a P/E ratio of -346.63, a P/E/G ratio of 2.90 and a beta of 1.36. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.58 and a quick ratio of 0.58.

Ventas (NYSE:VTR) last posted its quarterly earnings results on Thursday, August 1st. The real estate investment trust reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.74). The business had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.19 billion. Ventas had a negative return on equity of 1.63% and a negative net margin of 3.33%. The company’s revenue for the quarter was up 8.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.75 EPS. As a group, equities analysts predict that Ventas, Inc. will post 3.18 EPS for the current year.

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 given 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 2.73%. Ventas’s dividend payout ratio (DPR) is -947.37%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on VTR shares. Scotiabank upped their price objective on Ventas from $59.00 to $65.00 and gave the stock a “sector perform” rating in a research report on Friday, October 11th. Evercore ISI upped their price target on Ventas from $64.00 to $70.00 and gave the stock an “outperform” rating in a research report on Monday, September 16th. Wedbush lifted their price objective on shares of Ventas from $64.00 to $71.00 and gave the company an “outperform” rating in a report on Tuesday, September 10th. Wells Fargo & Company upgraded shares of Ventas from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $61.00 to $71.00 in a report on Tuesday, October 1st. Finally, Wolfe Research upgraded shares of Ventas to a “strong-buy” rating in a research note on Friday, August 9th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Ventas has an average rating of “Moderate Buy” and a consensus price target of $63.63.

Ventas Company 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.