6,840 Shares in Ventas, Inc. (NYSE:VTR) Bought by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC purchased a new position in shares of Ventas, Inc. (NYSE:VTR - Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 6,840 shares of the real estate investment trust's stock, valued at approximately $470,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cloud Capital Management LLC bought a new stake in Ventas during the 1st quarter valued at about $25,000. Larson Financial Group LLC increased its holdings in Ventas by 1,334.6% during the 1st quarter. Larson Financial Group LLC now owns 373 shares of the real estate investment trust's stock worth $26,000 after purchasing an additional 347 shares during the period. Franchise Capital Ltd purchased a new position in Ventas during the 1st quarter worth $32,000. Rossby Financial LCC purchased a new position in Ventas during the 1st quarter worth $34,000. Finally, Private Trust Co. NA increased its holdings in Ventas by 175.2% during the 1st quarter. Private Trust Co. NA now owns 622 shares of the real estate investment trust's stock worth $43,000 after purchasing an additional 396 shares during the period. Institutional investors own 94.18% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on VTR. Scotiabank boosted their price target on shares of Ventas from $71.00 to $72.00 and gave the company a "sector perform" rating in a report on Monday, June 23rd. Royal Bank Of Canada boosted their price target on shares of Ventas from $74.00 to $75.00 and gave the company an "outperform" rating in a report on Wednesday, May 7th. JPMorgan Chase & Co. upgraded shares of Ventas from a "neutral" rating to an "overweight" rating and boosted their price target for the company from $70.00 to $72.00 in a report on Monday, June 23rd. Finally, Wall Street Zen lowered shares of Ventas from a "hold" rating to a "sell" rating in a report on Thursday, May 22nd. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, Ventas presently has an average rating of "Moderate Buy" and an average price target of $72.90.

Ventas Stock Down 0.9%

VTR stock traded down $0.63 on Friday, hitting $66.48. 1,928,877 shares of the company's stock were exchanged, compared to its average volume of 2,687,268. Ventas, Inc. has a 12-month low of $53.09 and a 12-month high of $71.36. The firm has a 50 day moving average price of $64.04 and a two-hundred day moving average price of $64.73. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.32 and a current ratio of 0.32. The stock has a market cap of $30.00 billion, a P/E ratio of 201.45, a price-to-earnings-growth ratio of 2.41 and a beta of 0.87.

Ventas (NYSE:VTR - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The real estate investment trust reported $0.84 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.82 by $0.02. Ventas had a net margin of 2.80% and a return on equity of 1.36%. The business had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.32 billion. During the same quarter in the prior year, the business posted $0.78 EPS. Ventas's revenue for the quarter was up 13.2% compared to the same quarter last year. As a group, equities research analysts expect that Ventas, Inc. will post 3.4 EPS for the current fiscal year.

Ventas Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, July 17th. Shareholders of record on Monday, June 30th were paid a dividend of $0.48 per share. The ex-dividend date was Monday, June 30th. This represents a $1.92 dividend on an annualized basis and a yield of 2.89%. Ventas's payout ratio is 581.82%.

Insider Activity at Ventas

In other news, CFO Robert F. Probst sold 168,318 shares of the stock in a transaction on Monday, July 14th. The shares were sold at an average price of $65.36, for a total value of $11,001,264.48. Following the sale, the chief financial officer owned 168,364 shares in the company, valued at $11,004,271.04. This represents a 49.99% 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, EVP Carey S. Roberts sold 23,500 shares of the stock in a transaction on Friday, May 30th. The stock was sold at an average price of $64.23, for a total transaction of $1,509,405.00. Following the completion of the sale, the executive vice president owned 116,650 shares in the company, valued at $7,492,429.50. The trade was a 16.77% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 343,588 shares of company stock worth $22,415,190. 0.80% of the stock is owned by company insiders.

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.