Centersquare Investment Management LLC Has $470.53 Million Stock Holdings in Ventas, Inc. (NYSE:VTR)

Key Points

• Centersquare Investment Management LLC increased its stake in Ventas, Inc. by 0.2%, now owning 6,843,065 shares, which represents 4.9% of its investment portfolio.
• Insider transactions include CEO Debra A. Cafaro selling 10,322 shares for approximately $695,703, reducing their ownership to 1,145,695 shares valued around $77.2 million.
• Analysts have mixed ratings on Ventas, with price targets raised by firms like Royal Bank Of Canada to $75.00, while Wall Street Zen downgraded their rating from "hold" to "sell."

Centersquare Investment Management LLC raised its stake in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 0.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,843,065 shares of the real estate investment trust's stock after acquiring an additional 11,039 shares during the period. Ventas comprises approximately 4.9% of Centersquare Investment Management LLC's investment portfolio, making the stock its 4th largest holding. Centersquare Investment Management LLC owned 1.56% of Ventas worth $470,529,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of the stock. Cloud Capital Management LLC purchased a new position in shares of Ventas in the 1st quarter worth about $25,000. Larson Financial Group LLC boosted its holdings in shares of Ventas by 1,334.6% in the 1st quarter. Larson Financial Group LLC now owns 373 shares of the real estate investment trust's stock worth $26,000 after buying an additional 347 shares during the last quarter. Franchise Capital Ltd purchased a new position in shares of Ventas in the 1st quarter worth about $32,000. Rossby Financial LCC purchased a new position in shares of Ventas in the 1st quarter worth about $34,000. Finally, Bank Julius Baer & Co. Ltd Zurich purchased a new position in shares of Ventas in the 1st quarter worth about $41,000. 94.18% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on VTR shares. Wall Street Zen cut Ventas from a "hold" rating to a "sell" rating in a research note on Thursday, May 22nd. JPMorgan Chase & Co. upgraded Ventas from a "neutral" rating to an "overweight" rating and boosted their price objective for the company from $70.00 to $72.00 in a research note on Monday, June 23rd. Scotiabank boosted their price objective on Ventas from $71.00 to $72.00 and gave the company a "sector perform" rating in a research note on Monday, June 23rd. Finally, Royal Bank Of Canada boosted their price objective on Ventas from $74.00 to $75.00 and gave the company an "outperform" rating in a research note on Wednesday, May 7th. 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 given a strong buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $72.90.

Ventas Price Performance

VTR stock traded down $0.16 during mid-day trading on Friday, reaching $68.55. 1,692,661 shares of the company traded hands, compared to its average volume of 2,788,376. The company has a debt-to-equity ratio of 1.13, a current ratio of 0.68 and a quick ratio of 0.68. The company has a market capitalization of $31.15 billion, a P/E ratio of 159.42, a P/E/G ratio of 2.48 and a beta of 0.87. Ventas, Inc. has a 52-week low of $56.68 and a 52-week high of $71.36. The company has a fifty day moving average price of $64.60 and a 200-day moving average price of $65.30.

Ventas (NYSE:VTR - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The real estate investment trust reported $0.87 EPS for the quarter, topping the consensus estimate of $0.85 by $0.02. Ventas had a return on equity of 1.75% and a net margin of 3.61%. The company had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.37 billion. During the same quarter in the previous year, the firm earned $0.80 earnings per share. Ventas's revenue was up 18.3% on a year-over-year basis. As a group, analysts anticipate that Ventas, Inc. will post 3.4 earnings per share for the current year.

Ventas Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 17th. Stockholders of record on Monday, June 30th were issued a dividend of $0.48 per share. The ex-dividend date of this dividend was Monday, June 30th. This represents a $1.92 annualized dividend and a dividend yield of 2.8%. Ventas's payout ratio is presently 446.51%.

Insider Transactions at Ventas

In other Ventas news, EVP Carey S. Roberts sold 23,500 shares of the company's stock in a transaction that occurred on Friday, May 30th. The stock was sold at an average price of $64.23, for a total value of $1,509,405.00. Following the completion of the sale, the executive vice president owned 116,650 shares of the company's stock, valued at $7,492,429.50. This represents a 16.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Robert F. Probst sold 168,318 shares of the company's stock in a transaction that occurred on Monday, July 14th. The stock was sold at an average price of $65.36, for a total value of $11,001,264.48. Following the completion of the sale, the chief financial officer directly owned 168,364 shares of the company's stock, valued at approximately $11,004,271.04. This represents a 49.99% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 378,391 shares of company stock valued at $24,809,760. 0.80% of the stock is owned by corporate 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.