Gilman Hill Asset Management LLC Sells 3,144 Shares of Ventas, Inc. (NYSE:VTR)

Gilman Hill Asset Management LLC trimmed its holdings in shares of Ventas, Inc. (NYSE:VTR) by 3.2% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 95,834 shares of the real estate investment trust’s stock after selling 3,144 shares during the period. Gilman Hill Asset Management LLC’s holdings in Ventas were worth $5,644,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. ST Germain D J Co. Inc. purchased a new position in Ventas in the 4th quarter worth approximately $27,000. Harbor Capital Advisors Inc. raised its stake in shares of 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 last quarter. Global X Japan Co. Ltd. bought a new position in shares of Ventas during the third quarter valued at $48,000. Morse Asset Management Inc bought a new position in shares of Ventas during the third quarter valued at $64,000. Finally, Hanseatic Management Services Inc. bought a new stake in Ventas in the 3rd quarter worth about $74,000. 94.18% of the stock is owned by institutional investors.

Ventas Price Performance

VTR opened at $58.85 on Monday. The company has a 50 day simple moving average of $60.75 and a two-hundred day simple moving average of $60.47. 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, Inc. has a 1-year low of $41.45 and a 1-year high of $67.61.

Ventas Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 16th. Shareholders of record on Tuesday, December 31st were paid a $0.45 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.80 dividend on an annualized basis and a yield of 3.06%. Ventas’s payout ratio is presently -1,058.76%.

Insider Buying and Selling at Ventas

In other Ventas news, CEO Debra A. Cafaro sold 121,248 shares of the company’s stock in a transaction that occurred on Tuesday, October 29th. The stock was sold at an average price of $66.17, for a total value of $8,022,980.16. Following the completion of the transaction, the chief executive officer now directly owns 986,717 shares in the company, valued at $65,291,063.89. This represents a 10.94 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 1.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on VTR shares. Wells Fargo & Company raised shares of Ventas from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $61.00 to $71.00 in a report on Tuesday, October 1st. StockNews.com upgraded shares of Ventas from a “sell” rating to a “hold” rating in a research note on Friday. Robert W. Baird upgraded Ventas from a “neutral” rating to an “outperform” rating and dropped their price target for the stock from $66.00 to $65.00 in a research note on Friday. Scotiabank upped their price objective on Ventas from $59.00 to $65.00 and gave the company a “sector perform” rating in a research report on Friday, October 11th. Finally, Baird R W raised Ventas from a “hold” rating to a “strong-buy” rating in a research report on Friday. Two equities research analysts have rated the stock with a hold rating, seven have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, Ventas currently has a consensus rating of “Buy” and an average target price of $67.13.

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.