Ventas, Inc. (NYSE:VTR) Shares Sold by Balboa Wealth Partners

Balboa Wealth Partners lessened its holdings in shares of Ventas, Inc. (NYSE:VTR) by 8.8% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 7,295 shares of the real estate investment trust’s stock after selling 700 shares during the quarter. Balboa Wealth Partners’ holdings in Ventas were worth $364,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in VTR. Manchester Capital Management LLC grew its position in shares of Ventas by 77.9% during the fourth quarter. Manchester Capital Management LLC now owns 514 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 225 shares during the last quarter. Lindbrook Capital LLC grew its position in shares of Ventas by 6.6% during the fourth quarter. Lindbrook Capital LLC now owns 3,881 shares of the real estate investment trust’s stock worth $193,000 after acquiring an additional 239 shares during the last quarter. Global Retirement Partners LLC grew its position in shares of Ventas by 14.6% during the fourth quarter. Global Retirement Partners LLC now owns 1,954 shares of the real estate investment trust’s stock worth $96,000 after acquiring an additional 249 shares during the last quarter. Global Wealth Management Investment Advisory Inc. grew its position in shares of Ventas by 2.7% during the fourth quarter. Global Wealth Management Investment Advisory Inc. now owns 9,493 shares of the real estate investment trust’s stock worth $473,000 after acquiring an additional 250 shares during the last quarter. Finally, Capital Square LLC grew its position in Ventas by 2.5% in the 3rd quarter. Capital Square LLC now owns 10,569 shares of the real estate investment trust’s stock valued at $456,000 after buying an additional 253 shares during the last quarter. Institutional investors and hedge funds own 94.18% of the company’s stock.

Ventas Price Performance

VTR stock traded down $0.42 during trading on Thursday, hitting $48.05. The stock had a trading volume of 366,452 shares, compared to its average volume of 2,313,796. The company’s 50 day moving average price is $44.56 and its two-hundred day moving average price is $45.67. Ventas, Inc. has a 1-year low of $39.33 and a 1-year high of $50.99. The stock has a market cap of $19.45 billion, a price-to-earnings ratio of -255.09, a price-to-earnings-growth ratio of 2.51 and a beta of 1.25. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.63 and a current ratio of 0.63.

Ventas Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 18th. Investors of record on Monday, July 1st will be paid a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 3.75%. The ex-dividend date is Monday, July 1st. Ventas’s payout ratio is -947.32%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on VTR. Evercore ISI upgraded shares of Ventas from an “in-line” rating to an “outperform” rating and set a $50.00 price objective on the stock in a research report on Monday, March 18th. Wells Fargo & Company reiterated an “equal weight” rating and issued a $46.00 price objective (down from $52.00) on shares of Ventas in a research report on Monday, February 26th. Deutsche Bank Aktiengesellschaft began coverage on shares of Ventas in a research report on Tuesday, January 30th. They issued a “buy” rating and a $60.00 price objective on the stock. Scotiabank lifted their price objective on shares of Ventas from $47.00 to $51.00 and gave the company a “sector perform” rating in a research report on Thursday, May 16th. Finally, StockNews.com lowered shares of Ventas from a “hold” rating to a “sell” rating in a research report on Tuesday, February 13th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $51.23.

Insider Activity at Ventas

In related news, CFO Robert F. Probst sold 18,500 shares of the business’s stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of $47.11, for a total value of $871,535.00. Following the completion of the transaction, the chief financial officer now owns 176,403 shares of the company’s stock, valued at approximately $8,310,345.33. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other Ventas news, CFO Robert F. Probst sold 18,500 shares of Ventas stock in a transaction dated Tuesday, May 7th. The stock was sold at an average price of $47.11, for a total value of $871,535.00. Following the completion of the sale, the chief financial officer now owns 176,403 shares in the company, valued at approximately $8,310,345.33. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Gregory R. Liebbe sold 14,625 shares of Ventas stock in a transaction dated Friday, May 10th. The shares were sold at an average price of $47.70, for a total value of $697,612.50. Following the completion of the sale, the chief accounting officer now owns 12,524 shares of the company’s stock, valued at approximately $597,394.80. The disclosure for this sale can be found here. In the last quarter, insiders sold 35,270 shares of company stock valued at $1,672,966. 1.00% of the stock is owned by insiders.

Ventas 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.