Gold Investment Management Ltd. Has $1.13 Million Position in Ventas, Inc. (NYSE:VTR)

Gold Investment Management Ltd. cut its position in shares of Ventas, Inc. (NYSE:VTR) by 2.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,119 shares of the real estate investment trust’s stock after selling 423 shares during the quarter. Gold Investment Management Ltd.’s holdings in Ventas were worth $1,126,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VTR. ST Germain D J Co. Inc. acquired a new stake in shares of Ventas during the 4th quarter worth approximately $27,000. Harbor Capital Advisors Inc. lifted its position in Ventas by 66.2% in the fourth quarter. Harbor Capital Advisors Inc. now owns 527 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 210 shares during the period. Promus Capital LLC acquired a new stake in Ventas during the fourth quarter worth $38,000. New Wave Wealth Advisors LLC bought a new stake in Ventas in the 4th quarter valued at $41,000. Finally, SRS Capital Advisors Inc. raised its stake in shares of Ventas by 1,039.4% in the 4th quarter. SRS Capital Advisors Inc. now owns 809 shares of the real estate investment trust’s stock valued at $48,000 after buying an additional 738 shares in the last quarter. 94.18% of the stock is currently owned by institutional investors.

Insider Transactions at Ventas

In other news, CAO Gregory R. Liebbe sold 3,866 shares of the business’s stock in a transaction dated Thursday, February 13th. The stock was sold at an average price of $63.00, for a total value of $243,558.00. Following the sale, the chief accounting officer now directly owns 11,371 shares in the company, valued at $716,373. The trade was a 25.37 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Debra A. Cafaro sold 41,294 shares of the company’s stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $69.08, for a total value of $2,852,589.52. Following the transaction, the chief executive officer now directly owns 1,138,143 shares of the company’s stock, valued at approximately $78,622,918.44. This trade represents a 3.50 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 260,227 shares of company stock valued at $17,769,097 over the last 90 days. 1.00% of the stock is owned by company insiders.

Ventas Price Performance

Shares of VTR stock opened at $66.91 on Monday. The firm has a market capitalization of $29.25 billion, a price-to-earnings ratio of 352.19, a PEG ratio of 2.59 and a beta of 1.37. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.25. The firm’s 50 day moving average is $62.98 and its 200-day moving average is $62.91. Ventas, Inc. has a 1 year low of $41.45 and a 1 year high of $71.04.

Ventas (NYSE:VTR) last announced its quarterly earnings data on Wednesday, February 12th. The real estate investment trust reported $0.81 earnings per share for the quarter, beating the consensus estimate of ($0.02) by $0.83. Ventas had a net margin of 1.65% and a return on equity of 0.82%. Sell-side analysts forecast that Ventas, Inc. will post 3.4 EPS for the current fiscal year.

Ventas Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Monday, March 31st will be given a $0.48 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.87%. This is a boost from Ventas’s previous quarterly dividend of $0.45. Ventas’s dividend payout ratio is currently 1,010.53%.

Analyst Ratings Changes

VTR has been the topic of several recent research reports. Royal Bank of Canada lifted their target price on shares of Ventas from $70.00 to $74.00 and gave the company an “outperform” rating in a research report on Tuesday, February 25th. Baird R W upgraded Ventas from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 17th. JPMorgan Chase & Co. boosted their price target on Ventas from $71.00 to $73.00 and gave the company a “neutral” rating in a research note on Friday, March 7th. Morgan Stanley boosted their target price on shares of Ventas from $65.00 to $70.00 and gave the company an “equal weight” rating in a research note on Tuesday, March 11th. Finally, Wells Fargo & Company increased their target price on shares of Ventas from $72.00 to $77.00 and gave the stock an “overweight” rating in a research report on Monday, March 10th. Four equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $72.20.

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.