Ventas, Inc. (NYSE:VTR) Shares Sold by Lake Street Private Wealth LLC

Lake Street Private Wealth LLC trimmed its position in shares of Ventas, Inc. (NYSE:VTR) by 16.4% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,100 shares of the real estate investment trust’s stock after selling 1,790 shares during the period. Lake Street Private Wealth LLC’s holdings in Ventas were worth $584,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. First Community Trust NA acquired a new position in Ventas during the 2nd quarter worth about $25,000. ORG Partners LLC purchased a new stake in Ventas during the second quarter worth about $27,000. First Financial Corp IN purchased a new stake in Ventas during the first quarter worth about $30,000. EdgeRock Capital LLC acquired a new stake in shares of Ventas during the second quarter worth about $41,000. Finally, Global X Japan Co. Ltd. purchased a new position in shares of Ventas in the third quarter valued at approximately $48,000. 94.18% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related 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 transaction of $389,940.00. Following the transaction, the chief executive officer now owns 90,795 shares in the company, valued at $5,900,767.05. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In related news, CEO Peter J. Bulgarelli sold 6,000 shares of the stock in a transaction on 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 sale, the chief executive officer now owns 90,795 shares in the company, valued at $5,900,767.05. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Peter J. Bulgarelli sold 3,784 shares of Ventas stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $55.24, for a total transaction of $209,028.16. Following the completion of the transaction, the chief executive officer now owns 104,295 shares in the company, valued at approximately $5,761,255.80. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 77,065 shares of company stock valued at $4,526,464. Insiders own 1.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on VTR shares. Wedbush increased their target price on shares of Ventas from $64.00 to $71.00 and gave the stock an “outperform” rating in a report on Tuesday, September 10th. Evercore ISI lifted their target price on Ventas from $64.00 to $70.00 and gave the company an “outperform” rating in a report on Monday, September 16th. Wells Fargo & Company upgraded Ventas from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $61.00 to $71.00 in a report on Tuesday, October 1st. StockNews.com lowered Ventas from a “hold” rating to a “sell” rating in a research report on Monday. Finally, Royal Bank of Canada boosted their price objective on Ventas from $52.00 to $63.00 and gave the stock an “outperform” rating in a research report on Friday, August 9th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $63.63.

Ventas Stock Performance

VTR stock opened at $65.86 on Thursday. Ventas, Inc. has a fifty-two week low of $40.98 and a fifty-two week high of $66.08. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.58 and a current ratio of 0.58. The business has a 50 day moving average price of $62.77 and a 200 day moving average price of $54.31.

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

Ventas Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 17th. Stockholders of record on Tuesday, October 1st were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.73%. The ex-dividend date was Tuesday, October 1st. Ventas’s dividend payout ratio (DPR) is currently -449.99%.

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.