Allianz Asset Management GmbH Raises Stock Position in Ventas, Inc. (NYSE:VTR)

Allianz Asset Management GmbH boosted its stake in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 82.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 722,803 shares of the real estate investment trust's stock after buying an additional 327,453 shares during the quarter. Allianz Asset Management GmbH owned 0.17% of Ventas worth $49,700,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its position in Ventas by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 66,501,010 shares of the real estate investment trust's stock worth $3,916,244,000 after buying an additional 912,813 shares during the period. Geode Capital Management LLC grew its position in shares of Ventas by 5.2% in the fourth quarter. Geode Capital Management LLC now owns 10,948,546 shares of the real estate investment trust's stock valued at $643,207,000 after purchasing an additional 537,253 shares during the last quarter. Northern Trust Corp grew its position in shares of Ventas by 60.8% in the fourth quarter. Northern Trust Corp now owns 6,207,553 shares of the real estate investment trust's stock valued at $365,563,000 after purchasing an additional 2,347,705 shares during the last quarter. Price T Rowe Associates Inc. MD grew its position in shares of Ventas by 5.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 6,133,172 shares of the real estate investment trust's stock valued at $361,184,000 after purchasing an additional 335,192 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its position in shares of Ventas by 2.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 6,104,450 shares of the real estate investment trust's stock valued at $359,487,000 after purchasing an additional 138,803 shares during the last quarter. 94.18% of the stock is currently owned by institutional investors and hedge funds.

Ventas Trading Down 0.9%

NYSE VTR traded down $0.63 during mid-day trading on Friday, reaching $66.48. 1,928,877 shares of the stock were exchanged, compared to its average volume of 2,687,268. Ventas, Inc. has a 1-year low of $53.09 and a 1-year high of $71.36. The business's fifty day simple moving average is $64.04 and its 200 day simple moving average is $64.77. The stock has a market capitalization of $30.00 billion, a PE ratio of 201.45, a PEG ratio of 2.39 and a beta of 0.87. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.32 and a current ratio of 0.32.

Ventas (NYSE:VTR - Get Free Report) last announced its earnings results on Wednesday, April 30th. The real estate investment trust reported $0.84 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.32 billion. During the same quarter last year, the business earned $0.78 earnings per share. Ventas's revenue was up 13.2% compared to the same quarter last year. On average, research analysts anticipate that Ventas, Inc. will post 3.4 earnings per share for the current fiscal year.

Ventas Announces Dividend

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. This represents a $1.92 dividend on an annualized basis and a yield of 2.89%. The ex-dividend date of this dividend was Monday, June 30th. Ventas's dividend payout ratio is currently 581.82%.

Wall Street Analysts Forecast Growth

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

Insider Activity at Ventas

In other Ventas news, Director Walter C. Rakowich sold 1,459 shares of the stock in a transaction that occurred on Wednesday, May 14th. The shares were sold at an average price of $63.76, for a total transaction of $93,025.84. Following the transaction, the director owned 27,454 shares of the company's stock, valued at $1,750,467.04. This trade represents a 5.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Carey S. Roberts sold 23,500 shares of the stock in a transaction that occurred 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 transaction, the executive vice president directly owned 116,650 shares in the company, valued at approximately $7,492,429.50. This represents a 16.77% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 343,588 shares of company stock worth $22,415,190. Company insiders own 0.80% of the company's stock.

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.