1834 Investment Advisors Co. Has $923,000 Stock Position in Ventas, Inc. (NYSE:VTR)

1834 Investment Advisors Co. cut its holdings in Ventas, Inc. (NYSE:VTR) by 7.6% during the third quarter, Holdings Channel.com reports. The firm owned 14,385 shares of the real estate investment trust’s stock after selling 1,176 shares during the quarter. 1834 Investment Advisors Co.’s holdings in Ventas were worth $923,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. First Community Trust NA bought a new position in Ventas in the second quarter valued at $25,000. ORG Partners LLC acquired a new position in shares of Ventas during the 2nd quarter worth about $27,000. Global X Japan Co. Ltd. bought a new position in shares of Ventas in the 3rd quarter valued at about $48,000. EdgeRock Capital LLC acquired a new stake in shares of Ventas in the second quarter valued at about $41,000. Finally, Friedenthal Financial bought a new stake in Ventas during the second quarter worth about $51,000. 94.18% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

VTR has been the subject of a number of analyst reports. StockNews.com upgraded Ventas from a “sell” rating to a “hold” rating in a research note on Friday, November 1st. Royal Bank of Canada boosted their target price on shares of Ventas from $52.00 to $63.00 and gave the stock an “outperform” rating in a report on Friday, August 9th. Scotiabank increased their price target on shares of Ventas from $59.00 to $65.00 and gave the company a “sector perform” rating in a research note on Friday, October 11th. Wolfe Research upgraded shares of Ventas to a “strong-buy” rating in a research note on Friday, August 9th. Finally, Wedbush raised their target price on shares of Ventas from $64.00 to $71.00 and gave the company an “outperform” rating in a research note on Tuesday, September 10th. Two investment 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 stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $63.63.

Insider Activity

In related news, CEO Debra A. Cafaro sold 121,248 shares of Ventas stock in a transaction that occurred on Tuesday, October 29th. The stock was sold at an average price of $66.17, for a total transaction of $8,022,980.16. Following the completion of the sale, the chief executive officer now directly owns 986,717 shares of the company’s stock, valued at approximately $65,291,063.89. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, CEO Debra A. Cafaro sold 121,248 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at approximately $65,291,063.89. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Robert F. Probst sold 20,000 shares of Ventas stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $58.87, for a total transaction of $1,177,400.00. Following the completion of the sale, the chief financial officer now owns 156,403 shares of the company’s stock, valued at $9,207,444.61. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 160,454 shares of company stock valued at $10,441,215. 1.00% of the stock is owned by insiders.

Ventas Stock Performance

Shares of VTR stock opened at $64.47 on Wednesday. Ventas, Inc. has a 52 week low of $41.45 and a 52 week high of $67.61. The company has a 50-day simple moving average of $63.87 and a 200 day simple moving average of $55.81. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.39.

Ventas Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 17th. Stockholders of record on Tuesday, October 1st were issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.79%. The ex-dividend date was Tuesday, October 1st. Ventas’s dividend payout ratio is presently -1,058.76%.

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.