Los Angeles Capital Management LLC Has $65.41 Million Stake in Ventas, Inc. (NYSE:VTR)

Los Angeles Capital Management LLC raised its stake in Ventas, Inc. (NYSE:VTR - Free Report) by 15,293.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 951,330 shares of the real estate investment trust's stock after purchasing an additional 945,150 shares during the period. Los Angeles Capital Management LLC owned 0.22% of Ventas worth $65,413,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. DAVENPORT & Co LLC purchased a new position in shares of Ventas during the first quarter worth approximately $276,000. NBC Securities Inc. acquired a new stake in shares of Ventas during the first quarter worth $65,000. Wealth Enhancement Advisory Services LLC lifted its holdings in Ventas by 40.9% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 34,773 shares of the real estate investment trust's stock valued at $2,391,000 after acquiring an additional 10,091 shares during the period. Chicago Capital LLC acquired a new stake in Ventas in the first quarter valued at $579,000. Finally, Gateway Investment Advisers LLC acquired a new stake in Ventas in the first quarter valued at $879,000. 94.18% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Ventas

In other news, CEO Debra A. Cafaro sold 4,375 shares of the stock in a transaction dated Friday, July 18th. The stock was sold at an average price of $65.82, for a total transaction of $287,962.50. Following the transaction, the chief executive officer owned 1,145,695 shares of the company's stock, valued at approximately $75,409,644.90. This represents a 0.38% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Walter C. Rakowich sold 1,459 shares of the firm's stock in a transaction that occurred on Wednesday, May 14th. The shares were sold at an average price of $63.76, for a total value of $93,025.84. Following the completion of the sale, the director directly owned 27,454 shares in the company, valued at $1,750,467.04. This trade represents a 5.05% decrease in their position. The disclosure for this sale can be found here. Insiders sold 314,095 shares of company stock valued at $20,460,099 over the last 90 days. Company insiders own 1.00% of the company's stock.

Analyst Upgrades and Downgrades

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

Ventas Stock Performance

NYSE VTR traded up $0.43 during trading hours on Friday, hitting $65.80. The company had a trading volume of 2,416,660 shares, compared to its average volume of 2,933,643. Ventas, Inc. has a fifty-two week low of $52.79 and a fifty-two week high of $71.36. The company has a quick ratio of 0.32, a current ratio of 0.32 and a debt-to-equity ratio of 1.10. The business has a fifty day simple moving average of $63.82 and a 200-day simple moving average of $64.45. The firm has a market cap of $29.70 billion, a P/E ratio of 199.39, a price-to-earnings-growth ratio of 2.37 and a beta of 0.87.

Ventas (NYSE:VTR - Get Free Report) last released its quarterly 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 return on equity of 1.36% and a net margin of 2.80%. The company had revenue of $1.36 billion during the quarter, compared to analysts' expectations of $1.32 billion. During the same quarter in the prior year, the business posted $0.78 earnings per share. The company's revenue for the quarter was up 13.2% compared to the same quarter last year. Equities analysts predict that Ventas, Inc. will post 3.4 EPS for the current year.

Ventas Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, July 17th. Stockholders 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 dividend yield of 2.92%. The ex-dividend date was Monday, June 30th. Ventas's dividend payout ratio (DPR) is presently 581.82%.

Ventas 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.