Lbp Am Sa Sells 251,629 Shares of Ventas, Inc. (NYSE:VTR)

LBP AM SA decreased its stake in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 51.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 235,941 shares of the real estate investment trust's stock after selling 251,629 shares during the period. LBP AM SA owned about 0.05% of Ventas worth $16,223,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Cloud Capital Management LLC purchased a new stake in shares of Ventas in the first quarter valued at about $25,000. Franchise Capital Ltd bought a new position in shares of Ventas in the first quarter valued at approximately $32,000. Rossby Financial LCC purchased a new stake in shares of Ventas during the first quarter valued at approximately $34,000. Private Trust Co. NA lifted its holdings in Ventas by 175.2% during the first quarter. Private Trust Co. NA now owns 622 shares of the real estate investment trust's stock worth $43,000 after acquiring an additional 396 shares during the period. Finally, Olde Wealth Management LLC purchased a new position in Ventas in the first quarter worth $46,000. Institutional investors own 94.18% of the company's stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on VTR. Wall Street Zen downgraded shares of Ventas from a "hold" rating to a "sell" rating in a report on Thursday, May 22nd. Royal Bank Of Canada upped their price target on Ventas from $74.00 to $75.00 and gave the company an "outperform" rating in a research report on Wednesday, May 7th. Mizuho lifted their price objective on Ventas from $68.00 to $75.00 and gave the stock an "outperform" rating in a report on Tuesday, March 18th. 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 research report on Monday, June 23rd. Finally, JPMorgan Chase & Co. upgraded shares of Ventas from a "neutral" rating to an "overweight" rating and lifted their price objective for the company from $70.00 to $72.00 in a research note on Monday, June 23rd. One analyst has rated the stock with a sell rating, two have given a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $72.90.

Ventas Trading Up 2.3%

Ventas stock traded up $1.48 during mid-day trading on Friday, hitting $64.76. The company's stock had a trading volume of 4,361,577 shares, compared to its average volume of 2,906,661. The business has a 50 day moving average price of $63.91 and a 200-day moving average price of $64.15. Ventas, Inc. has a 12 month low of $52.27 and a 12 month high of $71.36. The stock has a market cap of $29.23 billion, a price-to-earnings ratio of 196.24, a price-to-earnings-growth ratio of 2.26 and a beta of 0.87. The company has a debt-to-equity ratio of 1.10, a current ratio of 0.32 and a quick ratio of 0.32.

Ventas (NYSE:VTR - Get Free Report) last issued its earnings results on Wednesday, April 30th. The real estate investment trust reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analysts' expectations of $1.32 billion. During the same quarter last year, the business earned $0.78 earnings per share. The business's revenue was up 13.2% on a year-over-year basis. As a group, analysts forecast that Ventas, Inc. will post 3.4 EPS for the current year.

Ventas Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 17th. Stockholders of record on Monday, June 30th will be issued a dividend of $0.48 per share. The ex-dividend date of this dividend is Monday, June 30th. This represents a $1.92 annualized dividend and a dividend yield of 2.96%. Ventas's payout ratio is presently 581.82%.

Insider Buying and Selling

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 shares were 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 directly owned 116,650 shares of the company's stock, valued at approximately $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 accessible through the SEC website. Also, CEO Debra A. Cafaro sold 9,110 shares of the business's stock in a transaction dated Thursday, May 1st. The shares were sold at an average price of $66.04, for a total value of $601,624.40. Following the sale, the chief executive officer directly owned 1,145,695 shares of the company's stock, valued at $75,661,697.80. This represents a 0.79% decrease in their position. The disclosure for this sale can be found here. Insiders sold 121,035 shares of company stock worth $7,832,135 in the last 90 days. 0.80% of the stock is owned by company 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.