Perpetual Ltd Purchases 6,520 Shares of Ventas, Inc. (NYSE:VTR)

Perpetual Ltd boosted its holdings in shares of Ventas, Inc. (NYSE:VTR) by 76.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,010 shares of the real estate investment trust’s stock after buying an additional 6,520 shares during the quarter. Perpetual Ltd’s holdings in Ventas were worth $884,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Friedenthal Financial grew its holdings in Ventas by 1,183.7% in the third quarter. Friedenthal Financial now owns 12,773 shares of the real estate investment trust’s stock valued at $819,000 after purchasing an additional 11,778 shares during the period. Tandem Capital Management Corp ADV grew its stake in shares of Ventas by 62.1% in the third quarter. Tandem Capital Management Corp ADV now owns 27,730 shares of the real estate investment trust’s stock valued at $1,778,000 after buying an additional 10,620 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund lifted its holdings in Ventas by 7.9% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 332,300 shares of the real estate investment trust’s stock worth $21,310,000 after buying an additional 24,300 shares in the last quarter. abrdn plc increased its stake in shares of Ventas by 28.7% during the third quarter. abrdn plc now owns 961,359 shares of the real estate investment trust’s stock worth $61,878,000 after buying an additional 214,384 shares during the period. Finally, Northwest & Ethical Investments L.P. boosted its position in shares of Ventas by 480.7% during the 3rd quarter. Northwest & Ethical Investments L.P. now owns 26,214 shares of the real estate investment trust’s stock worth $1,681,000 after acquiring an additional 21,700 shares in the last quarter. 94.18% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, CEO Debra A. Cafaro sold 6,004 shares of Ventas stock in a transaction on Friday, October 25th. The stock was sold at an average price of $66.11, for a total transaction of $396,924.44. Following the transaction, the chief executive officer now directly owns 986,717 shares in the company, valued at approximately $65,231,860.87. The trade was a 0.60 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 1.00% of the stock is currently owned by company insiders.

Ventas Trading Down 3.2 %

Shares of VTR stock opened at $58.35 on Thursday. Ventas, Inc. has a 52-week low of $41.45 and a 52-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 business’s fifty day moving average is $60.55 and its 200 day moving average is $60.64. The company has a market capitalization of $24.48 billion, a PE ratio of -343.22, a price-to-earnings-growth ratio of 2.55 and a beta of 1.37.

Ventas Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, January 16th. Stockholders of record on Tuesday, December 31st were given a $0.45 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.80 dividend on an annualized basis and a dividend yield of 3.08%. Ventas’s dividend payout ratio is currently -1,058.76%.

Wall Street Analysts Forecast Growth

VTR has been the topic of a number of research reports. Wedbush reissued an “outperform” rating and set a $75.00 price target on shares of Ventas in a report on Thursday, December 19th. StockNews.com raised Ventas from a “sell” rating to a “hold” rating in a report on Friday, January 17th. Baird R W upgraded Ventas from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 17th. Mizuho lowered their price objective on shares of Ventas from $71.00 to $68.00 and set an “outperform” rating on the stock in a research note on Thursday, December 5th. Finally, Robert W. Baird raised Ventas from a “neutral” rating to an “outperform” rating and reduced their price objective for the stock from $66.00 to $65.00 in a research note on Friday, January 17th. Two analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Ventas has an average rating of “Buy” and an average target price of $67.13.

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.