6,098 Shares in Ventas, Inc. (NYSE:VTR) Bought by PGGM Investments

PGGM Investments purchased a new position in shares of Ventas, Inc. (NYSE:VTR) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,098 shares of the real estate investment trust’s stock, valued at approximately $266,000.

A number of other large investors have also recently added to or reduced their stakes in VTR. Manchester Capital Management LLC raised its stake in Ventas by 77.9% in the 4th quarter. Manchester Capital Management LLC now owns 514 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 225 shares during the period. First Financial Corp IN acquired a new position in shares of Ventas in the first quarter valued at $30,000. EdgeRock Capital LLC acquired a new position in shares of Ventas in the fourth quarter valued at $37,000. Pacific Capital Wealth Advisors Inc. acquired a new stake in shares of Ventas during the 4th quarter worth about $38,000. Finally, Livelsberger Financial Advisory bought a new stake in shares of Ventas during the 4th quarter worth about $55,000. Institutional investors and hedge funds own 94.18% of the company’s stock.

Insider Activity at Ventas

In other Ventas news, CAO Gregory R. Liebbe sold 14,625 shares of the company’s stock in a transaction on Friday, May 10th. The stock was sold at an average price of $47.70, for a total transaction of $697,612.50. Following the completion of the sale, the chief accounting officer now directly owns 12,524 shares in the company, valued at $597,394.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Ventas news, CAO Gregory R. Liebbe sold 14,625 shares of Ventas stock in a transaction dated Friday, May 10th. The stock was sold at an average price of $47.70, for a total value of $697,612.50. Following the transaction, the chief accounting officer now owns 12,524 shares in the company, valued at $597,394.80. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Peter J. Bulgarelli 668 shares of the company’s stock in a transaction that occurred on Tuesday, July 30th. The disclosure for this trade can be found here. Insiders have sold 35,270 shares of company stock valued at $1,672,966 over the last three months. 1.00% of the stock is owned by insiders.

Ventas Trading Up 2.0 %

Shares of Ventas stock opened at $56.40 on Friday. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 1.43. Ventas, Inc. has a 12-month low of $39.33 and a 12-month high of $57.11. The company has a market capitalization of $22.83 billion, a price-to-earnings ratio of -296.83, a PEG ratio of 2.44 and a beta of 1.33. The firm’s 50-day moving average price is $51.45 and its two-hundred day moving average price is $47.17.

Ventas Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, July 18th. Investors of record on Monday, July 1st were given a dividend of $0.45 per share. The ex-dividend date was Monday, July 1st. This represents a $1.80 annualized dividend and a dividend yield of 3.19%. Ventas’s dividend payout ratio is -947.32%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Scotiabank increased their price target on shares of Ventas from $47.00 to $51.00 and gave the company a “sector perform” rating in a report on Thursday, May 16th. Evercore ISI increased their target price on Ventas from $53.00 to $56.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 16th. Wells Fargo & Company boosted their price target on Ventas from $46.00 to $49.00 and gave the company an “equal weight” rating in a research note on Thursday, May 30th. Finally, StockNews.com upgraded Ventas from a “sell” rating to a “hold” rating in a research report on Wednesday, July 10th. Five research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $51.92.

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.