Nisa Investment Advisors LLC Sells 13,967 Shares of Ventas, Inc. (NYSE:VTR)

Nisa Investment Advisors LLC lowered its position in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 7.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 186,866 shares of the real estate investment trust's stock after selling 13,967 shares during the period. Nisa Investment Advisors LLC's holdings in Ventas were worth $12,945,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in VTR. DoubleLine ETF Adviser LP increased its holdings in shares of Ventas by 0.6% in the fourth quarter. DoubleLine ETF Adviser LP now owns 29,695 shares of the real estate investment trust's stock valued at $1,749,000 after purchasing an additional 171 shares during the period. Hennion & Walsh Asset Management Inc. boosted its position in Ventas by 1.6% in the first quarter. Hennion & Walsh Asset Management Inc. now owns 10,674 shares of the real estate investment trust's stock valued at $734,000 after buying an additional 172 shares during the last quarter. HighPoint Advisor Group LLC boosted its position in Ventas by 2.8% in the fourth quarter. HighPoint Advisor Group LLC now owns 6,644 shares of the real estate investment trust's stock valued at $396,000 after buying an additional 181 shares during the last quarter. Kentucky Retirement Systems increased its holdings in Ventas by 0.6% in the 1st quarter. Kentucky Retirement Systems now owns 28,574 shares of the real estate investment trust's stock worth $1,965,000 after buying an additional 183 shares during the period. Finally, Quadrant Capital Group LLC raised its position in Ventas by 6.3% during the 4th quarter. Quadrant Capital Group LLC now owns 3,171 shares of the real estate investment trust's stock worth $187,000 after buying an additional 188 shares during the last quarter. 94.18% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on VTR. Scotiabank upped their price objective 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 target price 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. JPMorgan Chase & Co. raised Ventas from a "neutral" rating to an "overweight" rating and increased their price target for the stock from $70.00 to $72.00 in a research report on Monday, June 23rd. Mizuho lifted their price objective on Ventas from $68.00 to $75.00 and gave the company an "outperform" rating in a research note on Tuesday, March 18th. Finally, Wall Street Zen cut Ventas from a "hold" rating to a "sell" rating in a report on Thursday, May 22nd. One analyst has rated the stock with a sell rating, two have assigned a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, Ventas currently has a consensus rating of "Moderate Buy" and a consensus target price of $72.90.

Insider Activity at Ventas

In other news, EVP Carey S. Roberts sold 23,500 shares of the business's stock in a transaction dated 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 owned 116,650 shares of the company's stock, valued at $7,492,429.50. The trade was a 16.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Robert F. Probst sold 69,592 shares of the company's stock in a transaction dated Wednesday, May 21st. The stock was sold at an average price of $64.59, for a total transaction of $4,494,947.28. Following the transaction, the chief financial officer owned 168,364 shares of the company's stock, valued at approximately $10,874,630.76. This trade represents a 29.25% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 121,035 shares of company stock valued at $7,832,135. 0.80% of the stock is currently owned by company insiders.

Ventas Price Performance

Shares of Ventas stock opened at $63.30 on Friday. The firm has a market cap of $28.57 billion, a PE ratio of 191.82, a P/E/G ratio of 2.26 and a beta of 0.87. Ventas, Inc. has a twelve month low of $52.27 and a twelve month 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 50-day moving average price of $63.91 and a 200 day moving average price of $64.15.

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

Ventas Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 17th. Shareholders of record on Monday, June 30th will be given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 3.03%. The ex-dividend date of this dividend is Monday, June 30th. Ventas's dividend payout ratio 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.

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