Ventas, Inc. (NYSE:VTR) Shares Sold by Hazelview Securities Inc.

Hazelview Securities Inc. reduced its stake in Ventas, Inc. (NYSE:VTR) by 99.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,900 shares of the real estate investment trust’s stock after selling 198,603 shares during the period. Hazelview Securities Inc.’s holdings in Ventas were worth $81,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Principal Financial Group Inc. grew its position in shares of Ventas by 0.6% during the fourth quarter. Principal Financial Group Inc. now owns 19,812,595 shares of the real estate investment trust’s stock worth $987,460,000 after acquiring an additional 120,614 shares during the last quarter. Centersquare Investment Management LLC grew its position in shares of Ventas by 5.5% during the fourth quarter. Centersquare Investment Management LLC now owns 7,003,850 shares of the real estate investment trust’s stock worth $349,072,000 after acquiring an additional 363,153 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of Ventas by 0.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 5,864,001 shares of the real estate investment trust’s stock worth $292,273,000 after acquiring an additional 19,643 shares during the last quarter. Legal & General Group Plc grew its position in shares of Ventas by 3.2% during the third quarter. Legal & General Group Plc now owns 5,575,523 shares of the real estate investment trust’s stock worth $234,897,000 after acquiring an additional 173,415 shares during the last quarter. Finally, Northern Trust Corp grew its position in shares of Ventas by 1.7% during the third quarter. Northern Trust Corp now owns 5,321,475 shares of the real estate investment trust’s stock worth $224,194,000 after acquiring an additional 88,489 shares during the last quarter. 94.18% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the stock. Wells Fargo & Company raised their target price on shares of Ventas from $46.00 to $49.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 30th. Scotiabank increased their price target on Ventas from $47.00 to $51.00 and gave the stock a “sector perform” rating in a report on Thursday, May 16th. Finally, Evercore ISI raised Ventas from an “in-line” rating to an “outperform” rating and set a $50.00 price target for the company in a report on Monday, March 18th. One research analyst has rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $51.46.

Insider Transactions at Ventas

In other news, Director Walter C. Rakowich sold 2,145 shares of Ventas stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $48.40, for a total transaction of $103,818.00. Following the completion of the transaction, the director now owns 26,031 shares of the company’s stock, valued at approximately $1,259,900.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other news, CAO Gregory R. Liebbe sold 14,625 shares of Ventas stock in a transaction on Friday, May 10th. The stock was sold at an average price of $47.70, for a total transaction of $697,612.50. Following the completion of the transaction, the chief accounting officer now owns 12,524 shares of the company’s stock, valued at approximately $597,394.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Walter C. Rakowich sold 2,145 shares of Ventas stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $48.40, for a total value of $103,818.00. Following the transaction, the director now directly owns 26,031 shares of the company’s stock, valued at approximately $1,259,900.40. The disclosure for this sale can be found here. Insiders sold 35,270 shares of company stock valued at $1,672,966 in the last 90 days. 1.00% of the stock is currently owned by insiders.

Ventas Price Performance

Ventas stock traded down $0.04 during midday trading on Wednesday, reaching $49.85. The company’s stock had a trading volume of 949,328 shares, compared to its average volume of 2,316,448. Ventas, Inc. has a fifty-two week low of $39.33 and a fifty-two week high of $50.99. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.63 and a quick ratio of 0.63. The stock’s 50 day simple moving average is $47.63 and its 200 day simple moving average is $46.43.

Ventas Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 18th. Shareholders of record on Monday, July 1st will be issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 3.61%. The ex-dividend date of this dividend is Monday, July 1st. Ventas’s dividend payout ratio (DPR) is currently -947.32%.

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.