M&T Bank Corp Purchases 190 Shares of Ventas, Inc. (NYSE:VTR)

M&T Bank Corp grew its position in Ventas, Inc. (NYSE:VTR) by 0.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 83,032 shares of the real estate investment trust’s stock after purchasing an additional 190 shares during the period. M&T Bank Corp’s holdings in Ventas were worth $5,324,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the company. ORG Partners LLC acquired a new stake in Ventas in the 2nd quarter valued at approximately $27,000. EdgeRock Capital LLC bought a new position in shares of Ventas during the 2nd quarter worth approximately $41,000. Global X Japan Co. Ltd. acquired a new stake in shares of Ventas in the third quarter valued at approximately $48,000. Morse Asset Management Inc bought a new stake in shares of Ventas in the third quarter worth $64,000. Finally, Hanseatic Management Services Inc. acquired a new position in Ventas during the third quarter worth $74,000. 94.18% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on VTR shares. StockNews.com upgraded shares of Ventas from a “sell” rating to a “hold” rating in a research note on Friday, November 1st. Evercore ISI lifted their target price on Ventas from $64.00 to $70.00 and gave the company an “outperform” rating in a research report on Monday, September 16th. Scotiabank increased their price target on Ventas from $59.00 to $65.00 and gave the company a “sector perform” rating in a research report on Friday, October 11th. Wedbush restated an “outperform” rating and issued a $75.00 price target on shares of Ventas in a research note on Tuesday, December 3rd. Finally, Mizuho dropped their price objective on Ventas from $71.00 to $68.00 and set an “outperform” rating on the stock in a research note on Thursday, December 5th. Two research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $65.63.

Ventas Stock Down 1.1 %

VTR opened at $60.04 on Friday. The stock’s fifty day simple moving average is $63.81 and its 200 day simple moving average is $58.82. Ventas, Inc. has a 1-year low of $41.45 and a 1-year high of $67.61. The stock has a market cap of $25.19 billion, a PE ratio of -353.16, a price-to-earnings-growth ratio of 2.82 and a beta of 1.36. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.39.

Ventas Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 16th. Stockholders of record on Tuesday, December 31st will be paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 3.00%. The ex-dividend date of this dividend is Tuesday, December 31st. Ventas’s dividend payout ratio is presently -1,058.76%.

Insider Buying and Selling

In other Ventas news, CEO Debra A. Cafaro sold 6,004 shares of the stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $66.11, for a total value of $396,924.44. Following the transaction, the chief executive officer now directly owns 986,717 shares of the company’s stock, valued at $65,231,860.87. This represents a 0.60 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.00% of the stock is currently owned by insiders.

About Ventas

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.