Algert Global LLC Acquires New Position in Ventas, Inc. (NYSE:VTR)

Algert Global LLC bought a new stake in shares of Ventas, Inc. (NYSE:VTR - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 10,898 shares of the real estate investment trust's stock, valued at approximately $642,000.

A number of other institutional investors have also recently modified their holdings of VTR. ST Germain D J Co. Inc. acquired a new position in Ventas in the 4th quarter worth about $27,000. Harbor Capital Advisors Inc. increased its stake in shares of Ventas by 66.2% in the fourth quarter. Harbor Capital Advisors Inc. now owns 527 shares of the real estate investment trust's stock valued at $31,000 after buying an additional 210 shares during the period. Promus Capital LLC acquired a new stake in shares of Ventas in the fourth quarter valued at about $38,000. New Wave Wealth Advisors LLC acquired a new stake in shares of Ventas in the fourth quarter valued at about $41,000. Finally, SRS Capital Advisors Inc. increased its stake in shares of Ventas by 1,039.4% in the fourth quarter. SRS Capital Advisors Inc. now owns 809 shares of the real estate investment trust's stock valued at $48,000 after buying an additional 738 shares during the period. 94.18% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

VTR has been the subject of several recent research reports. Scotiabank increased their price target on Ventas from $69.00 to $72.00 and gave the company a "sector perform" rating in a research note on Friday, February 28th. Wedbush increased their price target on Ventas from $69.00 to $78.00 and gave the company an "outperform" rating in a research note on Friday, February 14th. JPMorgan Chase & Co. increased their price target on Ventas from $71.00 to $73.00 and gave the company a "neutral" rating in a research note on Friday, March 7th. StockNews.com upgraded Ventas from a "sell" rating to a "hold" rating in a research report on Wednesday. Finally, Robert W. Baird upgraded Ventas from a "neutral" rating to an "outperform" rating and cut their target price for the company from $66.00 to $65.00 in a research report on Friday, January 17th. Four equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $73.00.

Ventas Stock Performance

NYSE:VTR traded up $0.29 during trading on Friday, reaching $65.12. The company's stock had a trading volume of 602,199 shares, compared to its average volume of 3,062,214. The firm has a market cap of $29.39 billion, a price-to-earnings ratio of 342.73, a price-to-earnings-growth ratio of 2.59 and a beta of 0.95. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.85 and a current ratio of 0.85. The firm has a 50 day moving average of $66.97 and a 200-day moving average of $63.96. Ventas, Inc. has a 12 month low of $46.66 and a 12 month high of $71.36.

Ventas (NYSE:VTR - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The real estate investment trust reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.82 by $0.02. The company had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.32 billion. Ventas had a return on equity of 0.82% and a net margin of 1.65%. The firm's quarterly revenue was up 13.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.78 EPS. Research analysts expect that Ventas, Inc. will post 3.4 EPS for the current fiscal year.

Ventas Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 17th. Investors of record on Monday, June 30th will be paid a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 2.95%. The ex-dividend date of this dividend is Monday, June 30th. Ventas's dividend payout ratio is currently 581.82%.

Insider Activity at Ventas

In related news, Director Walter C. Rakowich sold 1,459 shares of the firm's stock in a transaction dated Wednesday, May 14th. The stock was sold at an average price of $63.76, for a total transaction of $93,025.84. Following the transaction, the director now directly owns 27,454 shares of the company's stock, valued at approximately $1,750,467.04. This trade represents a 5.05% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Debra A. Cafaro sold 214,679 shares of the firm's stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $68.22, for a total value of $14,645,401.38. Following the transaction, the chief executive officer now directly owns 1,138,143 shares in the company, valued at approximately $77,644,115.46. This represents a 15.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 311,481 shares of company stock valued at $21,385,983 over the last three months. 0.80% of the stock is owned by corporate insiders.

Ventas Company 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.