Ventas, Inc. (NYSE:VTR) Position Raised by Harvest Fund Management Co. Ltd

Harvest Fund Management Co. Ltd increased its position in shares of Ventas, Inc. (NYSE:VTR) by 667.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,348 shares of the real estate investment trust’s stock after purchasing an additional 12,479 shares during the period. Harvest Fund Management Co. Ltd’s holdings in Ventas were worth $920,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP increased its holdings in shares of Ventas by 1.7% in the second quarter. Dimensional Fund Advisors LP now owns 5,931,538 shares of the real estate investment trust’s stock valued at $304,047,000 after buying an additional 96,482 shares in the last quarter. Massachusetts Financial Services Co. MA increased its holdings in shares of Ventas by 105.2% in the third quarter. Massachusetts Financial Services Co. MA now owns 5,420,322 shares of the real estate investment trust’s stock valued at $347,605,000 after buying an additional 2,778,408 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Ventas by 5.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 4,904,078 shares of the real estate investment trust’s stock valued at $314,499,000 after buying an additional 231,352 shares in the last quarter. Canada Pension Plan Investment Board increased its holdings in shares of Ventas by 0.4% in the second quarter. Canada Pension Plan Investment Board now owns 1,756,752 shares of the real estate investment trust’s stock valued at $90,051,000 after buying an additional 7,585 shares in the last quarter. Finally, ANTIPODES PARTNERS Ltd bought a new position in shares of Ventas in the second quarter valued at $73,517,000. Institutional investors own 94.18% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on VTR. Wolfe Research upgraded shares of Ventas to a “strong-buy” rating in a research report on Friday, August 9th. Wells Fargo & Company upgraded shares of Ventas from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $61.00 to $71.00 in a research report on Tuesday, October 1st. Scotiabank lifted their price objective on shares of Ventas from $59.00 to $65.00 and gave the stock a “sector perform” rating in a research report on Friday, October 11th. Royal Bank of Canada lifted their price objective on shares of Ventas from $52.00 to $63.00 and gave the stock an “outperform” rating in a research report on Friday, August 9th. Finally, StockNews.com upgraded shares of Ventas from a “sell” rating to a “hold” rating in a research report on Friday, November 1st. Two investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Ventas presently has a consensus rating of “Moderate Buy” and a consensus target price of $63.63.

Insider Activity

In related news, CEO Peter J. Bulgarelli sold 6,000 shares of the company’s stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $64.99, for a total value of $389,940.00. Following the completion of the sale, the chief executive officer now directly owns 90,795 shares in the company, valued at approximately $5,900,767.05. This represents a 6.20 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Debra A. Cafaro sold 121,248 shares of the company’s stock in a transaction 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 owns 986,717 shares of the company’s stock, valued at $65,291,063.89. This represents a 10.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 140,079 shares of company stock worth $9,241,311 in the last ninety days. Corporate insiders own 1.00% of the company’s stock.

Ventas Trading Down 0.5 %

Ventas stock opened at $63.22 on Tuesday. The company’s fifty day simple moving average is $64.08 and its 200-day simple moving average is $57.68. 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, Inc. has a 12 month low of $41.45 and a 12 month high of $67.61. The stock has a market cap of $26.52 billion, a P/E ratio of -371.88, a P/E/G ratio of 2.94 and a beta of 1.36.

Ventas Announces Dividend

The business also recently declared 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 annualized dividend and a dividend yield of 2.85%. The ex-dividend date of this dividend was Tuesday, October 1st. Ventas’s dividend payout ratio is currently -1,058.82%.

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.