Ventas, Inc. (NYSE:VTR) Shares Sold by Pallas Capital Advisors LLC

Pallas Capital Advisors LLC decreased its stake in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 16.0% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 109,453 shares of the real estate investment trust's stock after selling 20,905 shares during the period. Pallas Capital Advisors LLC's holdings in Ventas were worth $7,526,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of VTR. Franchise Capital Ltd bought a new position in shares of Ventas during the first quarter worth about $32,000. Promus Capital LLC bought a new position in Ventas in the fourth quarter worth about $38,000. SRS Capital Advisors Inc. lifted its holdings in Ventas by 1,039.4% in the fourth quarter. SRS Capital Advisors Inc. now owns 809 shares of the real estate investment trust's stock worth $48,000 after acquiring an additional 738 shares during the last quarter. Transce3nd LLC bought a new position in Ventas in the fourth quarter worth about $48,000. Finally, State of Wyoming lifted its holdings in Ventas by 32.5% in the fourth quarter. State of Wyoming now owns 975 shares of the real estate investment trust's stock worth $57,000 after acquiring an additional 239 shares during the last quarter. Institutional investors own 94.18% of the company's stock.

Ventas Price Performance

NYSE:VTR traded down $0.09 during midday trading on Wednesday, hitting $63.36. 2,323,051 shares of the stock were exchanged, compared to its average volume of 2,790,165. Ventas, Inc. has a one year low of $49.33 and a one year high of $71.36. The company has a market capitalization of $28.59 billion, a price-to-earnings ratio of 333.47, a P/E/G ratio of 2.59 and a beta of 0.89. The business has a 50-day moving average price of $65.54 and a two-hundred day moving average price of $63.90. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.25.

Ventas (NYSE:VTR - Get Free Report) last announced its earnings results on Wednesday, April 30th. The real estate investment trust reported $0.84 EPS for the quarter, topping the consensus estimate of $0.82 by $0.02. Ventas had a return on equity of 0.82% and a net margin of 1.65%. The firm had revenue of $1.36 billion for the quarter, compared to analysts' expectations of $1.32 billion. During the same quarter in the previous year, the company earned $0.78 earnings per share. The firm's quarterly revenue was up 13.2% compared to the same quarter last year. Sell-side analysts predict that Ventas, Inc. will post 3.4 EPS for the current year.

Ventas Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 17th. Investors of record on Monday, June 30th will be issued a dividend of $0.48 per share. The ex-dividend date is Monday, June 30th. This represents a $1.92 annualized dividend and a yield of 3.03%. Ventas's payout ratio is 581.82%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on VTR. JPMorgan Chase & Co. raised their target price on shares of Ventas from $71.00 to $73.00 and gave the stock a "neutral" rating in a report on Friday, March 7th. Mizuho raised their target price on shares of Ventas from $68.00 to $75.00 and gave the stock an "outperform" rating in a report on Tuesday, March 18th. Royal Bank of Canada raised their target price on shares of Ventas from $74.00 to $75.00 and gave the stock an "outperform" rating in a report on Wednesday, May 7th. Wedbush raised their target price on shares of Ventas from $69.00 to $78.00 and gave the stock an "outperform" rating in a report on Friday, February 14th. Finally, Scotiabank raised their target price on shares of Ventas from $69.00 to $72.00 and gave the stock a "sector perform" rating in a report on Friday, February 28th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, Ventas has an average rating of "Moderate Buy" and an average target price of $73.00.

Insider Buying and Selling

In other Ventas news, Director Walter C. Rakowich sold 1,459 shares of Ventas 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 transaction, the director now owns 27,454 shares in the company, valued at approximately $1,750,467.04. The trade was a 5.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Debra A. Cafaro sold 44,551 shares of Ventas stock in a transaction that occurred on Thursday, April 3rd. The stock was sold at an average price of $71.06, for a total transaction of $3,165,794.06. Following the completion of the transaction, the chief executive officer now owns 1,145,695 shares in the company, valued at approximately $81,413,086.70. This trade represents a 3.74% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 165,586 shares of company stock valued at $10,997,929 over the last quarter. Corporate insiders own 1.00% of the company's stock.

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.