IHT Wealth Management LLC Boosts Holdings in Ventas, Inc. (NYSE:VTR)

IHT Wealth Management LLC raised its position in Ventas, Inc. (NYSE:VTR) by 34.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,974 shares of the real estate investment trust’s stock after purchasing an additional 1,541 shares during the period. IHT Wealth Management LLC’s holdings in Ventas were worth $383,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Signaturefd LLC boosted its stake in Ventas by 2.1% during the third quarter. Signaturefd LLC now owns 8,120 shares of the real estate investment trust’s stock valued at $521,000 after buying an additional 165 shares during the period. Profund Advisors LLC boosted its position in shares of Ventas by 3.3% during the 2nd quarter. Profund Advisors LLC now owns 6,270 shares of the real estate investment trust’s stock valued at $321,000 after acquiring an additional 199 shares during the last quarter. Bleakley Financial Group LLC boosted its position in shares of Ventas by 3.7% during the 3rd quarter. Bleakley Financial Group LLC now owns 5,639 shares of the real estate investment trust’s stock valued at $362,000 after acquiring an additional 203 shares during the last quarter. V Square Quantitative Management LLC grew its holdings in shares of Ventas by 3.9% during the third quarter. V Square Quantitative Management LLC now owns 5,832 shares of the real estate investment trust’s stock worth $374,000 after purchasing an additional 217 shares in the last quarter. Finally, Roman Butler Fullerton & Co. increased its position in shares of Ventas by 4.5% in the third quarter. Roman Butler Fullerton & Co. now owns 5,434 shares of the real estate investment trust’s stock worth $349,000 after purchasing an additional 232 shares during the last quarter. 94.18% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Ventas news, CEO Peter J. Bulgarelli sold 6,000 shares of the business’s stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $64.99, for a total transaction of $389,940.00. Following the transaction, the chief executive officer now directly owns 90,795 shares of the company’s stock, valued at approximately $5,900,767.05. The trade was a 6.20 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Debra A. Cafaro sold 6,004 shares of the firm’s stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $66.11, for a total transaction of $396,924.44. Following the completion of the sale, the chief executive officer now directly owns 986,717 shares of the company’s stock, valued at approximately $65,231,860.87. This represents a 0.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 133,252 shares of company stock valued at $8,809,845 in the last quarter. Insiders own 1.00% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on VTR shares. Mizuho cut their price target on shares of Ventas from $71.00 to $68.00 and set an “outperform” rating for the company in a research note on Thursday. StockNews.com upgraded shares of Ventas from a “sell” rating to a “hold” rating in a research report on Friday, November 1st. Wells Fargo & Company raised Ventas from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $61.00 to $71.00 in a research note on Tuesday, October 1st. Evercore ISI upped their price objective on Ventas from $64.00 to $70.00 and gave the stock an “outperform” rating in a report on Monday, September 16th. Finally, Scotiabank raised their price objective on Ventas from $59.00 to $65.00 and gave the company a “sector perform” rating in a report on Friday, October 11th. Two research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $65.63.

Ventas Stock Performance

Shares of VTR stock opened at $61.65 on Monday. The company has a market capitalization of $25.86 billion, a P/E ratio of -362.63, a PEG ratio of 2.86 and a beta of 1.36. Ventas, Inc. has a fifty-two week low of $41.45 and a fifty-two week high of $67.61. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.04 and a current ratio of 1.04. The stock has a 50 day moving average price of $63.98 and a two-hundred day moving average price of $58.61.

Ventas Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 17th. Shareholders of record on Tuesday, October 1st were given a dividend of $0.45 per share. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $1.80 annualized dividend and a yield of 2.92%. Ventas’s payout ratio is currently -1,058.76%.

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.