Thomasville National Bank Sells 832 Shares of Ventas, Inc. (NYSE:VTR)

Thomasville National Bank reduced its position in shares of Ventas, Inc. (NYSE:VTR) by 0.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 90,778 shares of the real estate investment trust’s stock after selling 832 shares during the period. Thomasville National Bank’s holdings in Ventas were worth $5,346,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the company. Czech National Bank boosted its holdings in shares of Ventas by 8.1% during the 4th quarter. Czech National Bank now owns 90,963 shares of the real estate investment trust’s stock worth $5,357,000 after buying an additional 6,800 shares during the period. Harbor Capital Advisors Inc. boosted its holdings in Ventas by 66.2% in the 4th quarter. Harbor Capital Advisors Inc. now owns 527 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 210 shares during the period. ST Germain D J Co. Inc. bought a new stake in Ventas in the 4th quarter valued at $27,000. Nordea Investment Management AB boosted its holdings in Ventas by 4.8% in the 4th quarter. Nordea Investment Management AB now owns 29,933 shares of the real estate investment trust’s stock valued at $1,756,000 after purchasing an additional 1,369 shares during the period. Finally, GAMMA Investing LLC boosted its holdings in Ventas by 12.9% in the 4th quarter. GAMMA Investing LLC now owns 8,299 shares of the real estate investment trust’s stock valued at $489,000 after purchasing an additional 950 shares during the period. 94.18% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

VTR has been the subject of a number of analyst reports. Scotiabank raised their price objective on shares of Ventas from $59.00 to $65.00 and gave the stock a “sector perform” rating in a report on Friday, October 11th. Wedbush reiterated an “outperform” rating and set a $75.00 target price on shares of Ventas in a research report on Thursday, December 19th. Robert W. Baird increased their target price on shares of Ventas from $65.00 to $66.00 and gave the stock a “neutral” rating in a research report on Friday, December 20th. StockNews.com cut shares of Ventas from a “hold” rating to a “sell” rating in a research report on Thursday. Finally, Mizuho dropped their target price on shares of Ventas from $71.00 to $68.00 and set an “outperform” rating for the company in a research report on Thursday, December 5th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Ventas presently has a consensus rating of “Moderate Buy” and an average target price of $65.67.

Insider Activity

In related news, CEO Debra A. Cafaro sold 121,248 shares of the business’s stock in a transaction on Tuesday, October 29th. The shares were sold at an average price of $66.17, for a total transaction of $8,022,980.16. Following the transaction, the chief executive officer now directly owns 986,717 shares in the company, valued at approximately $65,291,063.89. The trade was a 10.94 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.00% of the stock is owned by corporate insiders.

Ventas Stock Down 0.6 %

Shares of NYSE VTR traded down $0.32 during midday trading on Monday, reaching $57.07. The company’s stock had a trading volume of 453,741 shares, compared to its average volume of 2,376,009. 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, Inc. has a fifty-two week low of $41.45 and a fifty-two week high of $67.61. The stock has a market capitalization of $23.94 billion, a price-to-earnings ratio of -335.69, a PEG ratio of 2.78 and a beta of 1.37. The stock has a 50 day simple moving average of $61.36 and a 200-day simple moving average of $60.29.

Ventas Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 16th. Stockholders of record on Tuesday, December 31st will be issued a $0.45 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $1.80 dividend on an annualized basis and a dividend yield of 3.15%. Ventas’s dividend payout ratio (DPR) is presently -1,058.82%.

Ventas 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.