Fmr LLC Grows Holdings in Ventas, Inc. (NYSE:VTR)

Fmr LLC grew its holdings in shares of Ventas, Inc. (NYSE:VTR) by 4.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 23,364,810 shares of the real estate investment trust’s stock after buying an additional 982,795 shares during the quarter. Fmr LLC owned 0.06% of Ventas worth $1,498,385,000 as of its most recent SEC filing.

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

Insider Activity

In related news, CEO Peter J. Bulgarelli sold 6,000 shares of the firm’s stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $64.99, for a total transaction of $389,940.00. Following the completion of the transaction, the chief executive officer now owns 90,795 shares of the company’s stock, valued at $5,900,767.05. This trade represents a 6.20 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Debra A. Cafaro sold 6,827 shares of the firm’s stock in a transaction dated Thursday, September 5th. The shares were sold at an average price of $63.20, for a total value of $431,466.40. Following the transaction, the chief executive officer now directly owns 986,717 shares of the company’s stock, valued at $62,360,514.40. This represents a 0.69 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 140,079 shares of company stock valued at $9,241,311. Company insiders own 1.00% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on VTR shares. Evercore ISI upped their price target on Ventas from $64.00 to $70.00 and gave the company an “outperform” rating in a research report on Monday, September 16th. Royal Bank of Canada upped their price target on Ventas from $52.00 to $63.00 and gave the company an “outperform” rating in a research report on Friday, August 9th. StockNews.com raised Ventas from a “sell” rating to a “hold” rating in a research report on Friday, November 1st. Scotiabank upped their price target on Ventas from $59.00 to $65.00 and gave the company a “sector perform” rating in a research report on Friday, October 11th. Finally, Wells Fargo & Company raised Ventas from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $61.00 to $71.00 in a research report on Tuesday, October 1st. Two analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Ventas has a consensus rating of “Moderate Buy” and an average target price of $63.63.

Ventas Price Performance

Shares of NYSE VTR opened at $64.25 on Wednesday. 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 1-year low of $41.45 and a 1-year high of $67.61. The business’s fifty day moving average price is $64.08 and its two-hundred day moving average price is $57.79.

Ventas Dividend Announcement

The firm 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 dividend on an annualized basis and a dividend yield of 2.80%. The ex-dividend date was Tuesday, October 1st. Ventas’s dividend payout ratio (DPR) is -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.