Hanseatic Management Services Inc. acquired a new stake in Ventas, Inc. (NYSE:VTR – Free Report) during the 3rd quarter, Holdings Channel.com reports. The fund acquired 1,159 shares of the real estate investment trust’s stock, valued at approximately $74,000.
A number of other hedge funds also recently modified their holdings of the stock. First Community Trust NA bought a new stake in Ventas in the 2nd quarter valued at $25,000. ORG Partners LLC bought a new stake in shares of Ventas in the second quarter valued at about $27,000. EdgeRock Capital LLC acquired a new position in shares of Ventas in the second quarter valued at about $41,000. Global X Japan Co. Ltd. bought a new position in Ventas during the third quarter worth about $48,000. Finally, Friedenthal Financial acquired a new stake in Ventas in the 2nd quarter worth about $51,000. Institutional investors and hedge funds own 94.18% of the company’s stock.
Ventas Trading Down 1.9 %
Shares of Ventas stock opened at $63.22 on Thursday. The firm’s 50 day moving average is $63.91 and its 200 day moving average is $55.86. The firm has a market capitalization of $26.51 billion, a PE ratio of -371.86, a price-to-earnings-growth ratio of 2.86 and a beta of 1.36. Ventas, Inc. has a 1 year low of $41.45 and a 1 year high of $67.61. 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 Dividend Announcement
Insider Transactions at Ventas
In related news, CEO Debra A. Cafaro sold 6,827 shares of the firm’s stock in a transaction on Thursday, September 5th. The stock was sold at an average price of $63.20, for a total transaction of $431,466.40. Following the sale, the chief executive officer now owns 986,717 shares of the company’s stock, valued at $62,360,514.40. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, CEO Debra A. Cafaro sold 6,827 shares of Ventas stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of $63.20, for a total transaction of $431,466.40. Following the sale, the chief executive officer now directly owns 986,717 shares of the company’s stock, valued at approximately $62,360,514.40. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Debra A. Cafaro sold 6,004 shares of the business’s stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $66.11, for a total value of $396,924.44. Following the sale, the chief executive officer now owns 986,717 shares in the company, valued at approximately $65,231,860.87. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 140,454 shares of company stock worth $9,263,815. Corporate insiders own 1.00% of the company’s stock.
Analyst Upgrades and Downgrades
Several research analysts have recently commented on the stock. StockNews.com raised shares of Ventas from a “sell” rating to a “hold” rating in a report on Friday, November 1st. Evercore ISI lifted their price objective on Ventas from $64.00 to $70.00 and gave the company an “outperform” rating in a report on Monday, September 16th. Royal Bank of Canada upped their target price on Ventas from $52.00 to $63.00 and gave the company an “outperform” rating in a research report on Friday, August 9th. Wolfe Research upgraded Ventas to a “strong-buy” rating in a research report on Friday, August 9th. Finally, Wedbush upped their price objective on shares of Ventas from $64.00 to $71.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 10th. Two investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Ventas currently has an average rating of “Moderate Buy” and an average price target of $63.63.
View Our Latest Research Report on VTR
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.
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