Sanctuary Advisors LLC Buys 7,307 Shares of Ventas, Inc. (NYSE:VTR)

Sanctuary Advisors LLC lifted its stake in shares of Ventas, Inc. (NYSE:VTR) by 29.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,455 shares of the real estate investment trust’s stock after acquiring an additional 7,307 shares during the quarter. Sanctuary Advisors LLC’s holdings in Ventas were worth $2,063,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. EdgeRock Capital LLC bought a new position in Ventas during the 2nd quarter worth approximately $41,000. Global X Japan Co. Ltd. acquired a new position in Ventas in the third quarter valued at $48,000. Morse Asset Management Inc bought a new stake in Ventas during the third quarter valued at $64,000. Hanseatic Management Services Inc. acquired a new stake in Ventas during the 3rd quarter worth about $74,000. Finally, Tobam bought a new position in shares of Ventas in the 3rd quarter worth about $79,000. 94.18% of the stock is owned by institutional investors and hedge funds.

Ventas Trading Down 2.5 %

VTR opened at $58.70 on Thursday. Ventas, Inc. has a fifty-two week low of $41.45 and a fifty-two week high of $67.61. The firm has a market capitalization of $24.63 billion, a PE ratio of -345.27, a P/E/G ratio of 2.78 and a beta of 1.36. 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 company’s 50-day moving average is $63.52 and its 200 day moving average is $59.22.

Ventas Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 16th. Stockholders of record on Tuesday, December 31st will be paid a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 3.07%. The ex-dividend date is Tuesday, December 31st. Ventas’s dividend payout ratio (DPR) is presently -1,058.82%.

Wall Street Analyst Weigh In

VTR has been the subject of several recent analyst reports. Scotiabank raised their target price on Ventas from $59.00 to $65.00 and gave the stock a “sector perform” rating in a research note on Friday, October 11th. Mizuho lowered their price objective on shares of Ventas from $71.00 to $68.00 and set an “outperform” rating for the company in a research note on Thursday, December 5th. Evercore ISI increased their target price on shares of Ventas from $64.00 to $70.00 and gave the stock an “outperform” rating in a research note on Monday, September 16th. Wedbush reaffirmed an “outperform” rating and issued a $75.00 price target on shares of Ventas in a research note on Tuesday, December 3rd. Finally, Wells Fargo & Company upgraded Ventas from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $61.00 to $71.00 in a research note on Tuesday, October 1st. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $65.63.

Insider Activity at Ventas

In other 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 completion of the sale, the chief executive officer now owns 986,717 shares in the company, valued at $65,231,860.87. This represents a 0.60 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.00% of the stock is 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.