Advisors Management Group Inc. ADV Has $4.68 Million Stake in Ventas, Inc. (NYSE:VTR)

Advisors Management Group Inc. ADV trimmed its stake in Ventas, Inc. (NYSE:VTR) by 0.8% during the fourth quarter, HoldingsChannel.com reports. The fund owned 79,520 shares of the real estate investment trust’s stock after selling 620 shares during the quarter. Advisors Management Group Inc. ADV’s holdings in Ventas were worth $4,683,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. ST Germain D J Co. Inc. bought a new position in shares of Ventas in the fourth quarter valued at approximately $27,000. Harbor Capital Advisors Inc. raised its position in Ventas by 66.2% in the 4th quarter. Harbor Capital Advisors Inc. now owns 527 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 210 shares during the last quarter. Global X Japan Co. Ltd. acquired a new position in Ventas in the third quarter worth $48,000. Morse Asset Management Inc bought a new stake in shares of Ventas during the third quarter worth $64,000. Finally, Hanseatic Management Services Inc. acquired a new stake in shares of Ventas in the third quarter valued at $74,000. 94.18% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CEO Debra A. Cafaro sold 6,004 shares of the stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $66.11, for a total value of $396,924.44. Following the sale, the chief executive officer now directly owns 986,717 shares in the company, valued at $65,231,860.87. This trade represents a 0.60 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 1.00% of the company’s stock.

Ventas Stock Performance

VTR stock opened at $58.02 on Thursday. Ventas, Inc. has a twelve month low of $41.45 and a twelve month high of $67.61. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.04 and a quick ratio of 1.04. The business’s fifty day moving average is $61.10 and its 200-day moving average is $60.39.

Ventas Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 16th. Shareholders of record on Tuesday, December 31st will be paid a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 3.10%. The ex-dividend date is Tuesday, December 31st. Ventas’s payout ratio is -1,058.76%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Scotiabank upped their price target on shares of Ventas from $59.00 to $65.00 and gave the stock a “sector perform” rating in a research report on Friday, October 11th. Mizuho reduced their target price on shares of Ventas from $71.00 to $68.00 and set an “outperform” rating on the stock in a research report on Thursday, December 5th. Wedbush reissued an “outperform” rating and issued a $75.00 price target on shares of Ventas in a report on Thursday, December 19th. StockNews.com downgraded Ventas from a “hold” rating to a “sell” rating in a report on Thursday, January 9th. Finally, Wells Fargo & Company upgraded Ventas from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $61.00 to $71.00 in a research report on Tuesday, October 1st. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Ventas currently has a consensus rating of “Moderate Buy” and a consensus target price of $65.67.

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.