ABN AMRO Bank N.V. Invests $7.96 Million in Ventas, Inc. $VTR

ABN AMRO Bank N.V. bought a new stake in shares of Ventas, Inc. (NYSE:VTR) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 114,580 shares of the real estate investment trust’s stock, valued at approximately $7,958,000.

Other large investors have also recently made changes to their positions in the company. Cloud Capital Management LLC acquired a new position in shares of Ventas in the third quarter worth about $25,000. True Wealth Design LLC increased its stake in shares of Ventas by 1,557.7% in the 3rd quarter. True Wealth Design LLC now owns 431 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 405 shares in the last quarter. Wilmington Savings Fund Society FSB raised its holdings in Ventas by 65.5% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 455 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 180 shares during the period. ORG Partners LLC raised its holdings in Ventas by 76.1% in the 3rd quarter. ORG Partners LLC now owns 456 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 197 shares during the period. Finally, Ameritas Advisory Services LLC purchased a new position in Ventas during the second quarter worth approximately $33,000. 94.18% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on VTR shares. Weiss Ratings upgraded Ventas from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, December 29th. Wells Fargo & Company boosted their price target on shares of Ventas from $80.00 to $88.00 and gave the stock an “overweight” rating in a report on Tuesday, November 25th. Citigroup upped their price objective on shares of Ventas from $80.00 to $88.00 and gave the stock a “buy” rating in a research report on Tuesday, November 11th. KeyCorp lifted their target price on shares of Ventas from $70.00 to $85.00 and gave the company an “overweight” rating in a research report on Thursday, December 4th. Finally, The Goldman Sachs Group assumed coverage on shares of Ventas in a research note on Friday, January 9th. They set a “buy” rating and a $94.00 target price for the company. Fourteen research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Ventas currently has an average rating of “Moderate Buy” and an average target price of $81.63.

Ventas Stock Down 0.0%

Shares of NYSE VTR opened at $77.67 on Thursday. The stock has a market cap of $36.48 billion, a PE ratio of 149.37, a P/E/G ratio of 1.94 and a beta of 0.77. The company has a current ratio of 0.32, a quick ratio of 0.32 and a debt-to-equity ratio of 1.01. Ventas, Inc. has a 12-month low of $58.72 and a 12-month high of $81.89. The company has a 50-day moving average of $78.09 and a 200 day moving average of $73.04.

Ventas Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were given a dividend of $0.48 per share. The ex-dividend date was Wednesday, December 31st. This represents a $1.92 dividend on an annualized basis and a yield of 2.5%. Ventas’s dividend payout ratio (DPR) is presently 369.23%.

Insiders Place Their Bets

In other news, CFO Robert F. Probst sold 33,591 shares of the business’s stock in a transaction dated Wednesday, November 12th. The shares were sold at an average price of $76.77, for a total transaction of $2,578,781.07. Following the transaction, the chief financial officer owned 168,364 shares of the company’s stock, valued at approximately $12,925,304.28. The trade was a 16.63% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Peter J. Bulgarelli sold 2,771 shares of the company’s stock in a transaction dated Tuesday, November 18th. The shares were sold at an average price of $80.01, for a total transaction of $221,707.71. Following the completion of the sale, the chief executive officer directly owned 108,717 shares of the company’s stock, valued at $8,698,447.17. This represents a 2.49% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 130,499 shares of company stock valued at $10,155,831. Insiders own 0.80% of the company’s stock.

About Ventas

Ventas, Inc (NYSE: VTR) is a real estate investment trust (REIT) that specializes in healthcare-related real estate. The company acquires, owns and manages a diversified portfolio of properties serving the healthcare continuum, including senior housing communities, skilled nursing facilities, medical office buildings, life science and research centers, and other properties leased to healthcare providers and operators. Ventas generates revenue through long-term leases, property management and selective development activities focused on meeting the real estate needs of the healthcare sector.

Ventas’ business model combines property ownership with active asset management and capital markets activity.