Park Avenue Securities LLC Has $1.38 Million Stake in Ventas, Inc. (NYSE:VTR)

Park Avenue Securities LLC grew its holdings in Ventas, Inc. (NYSE:VTR - Free Report) by 87.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 20,061 shares of the real estate investment trust's stock after purchasing an additional 9,369 shares during the quarter. Park Avenue Securities LLC's holdings in Ventas were worth $1,379,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the business. Franchise Capital Ltd purchased a new position in Ventas in the first quarter valued at approximately $32,000. Promus Capital LLC acquired a new stake in Ventas in the fourth quarter valued at $38,000. SRS Capital Advisors Inc. lifted its stake in shares of 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 valued at $48,000 after purchasing an additional 738 shares during the period. Transce3nd LLC acquired a new stake in shares of Ventas during the 4th quarter valued at approximately $48,000. Finally, State of Wyoming boosted its position in shares of Ventas by 32.5% in the 4th quarter. State of Wyoming now owns 975 shares of the real estate investment trust's stock worth $57,000 after buying an additional 239 shares in the last quarter. Institutional investors and hedge funds own 94.18% of the company's stock.

Ventas Stock Up 0.5%

NYSE:VTR traded up $0.30 during trading hours on Thursday, hitting $63.71. 2,061,270 shares of the stock traded hands, compared to its average volume of 2,790,079. The firm has a market cap of $28.75 billion, a price-to-earnings ratio of 335.33, a PEG ratio of 2.59 and a beta of 0.89. Ventas, Inc. has a fifty-two week low of $49.34 and a fifty-two week high of $71.36. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.25. The firm has a 50 day moving average price of $65.54 and a 200 day moving average price of $63.90.

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, beating analysts' consensus estimates of $0.82 by $0.02. The company had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.32 billion. Ventas had a net margin of 1.65% and a return on equity of 0.82%. The company's revenue for the quarter was up 13.2% on a year-over-year basis. During the same quarter last year, the business posted $0.78 EPS. Equities research analysts anticipate that Ventas, Inc. will post 3.4 earnings per share for the current year.

Ventas Dividend Announcement

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 paid 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 3.01%. Ventas's dividend payout ratio (DPR) is presently 581.82%.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Scotiabank increased their price objective on Ventas from $69.00 to $72.00 and gave the company a "sector perform" rating in a research note on Friday, February 28th. Wedbush increased their target price on shares of Ventas from $69.00 to $78.00 and gave the stock an "outperform" rating in a research report on Friday, February 14th. Wells Fargo & Company raised their price objective on Ventas from $72.00 to $77.00 and gave the company an "overweight" rating in a research report on Monday, March 10th. Wall Street Zen cut shares of Ventas from a "hold" rating to a "sell" rating in a research report on Thursday, May 22nd. 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 report on Wednesday, May 7th. One research analyst has rated the stock with a sell rating, three have given a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $73.00.

Insider Buying and Selling at Ventas

In related news, CEO Debra A. Cafaro sold 44,551 shares of the business's stock in a transaction on Thursday, April 3rd. The shares were sold at an average price of $71.06, for a total transaction of $3,165,794.06. Following the transaction, the chief executive officer now owns 1,145,695 shares of the company's stock, valued at approximately $81,413,086.70. The trade was a 3.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Walter C. Rakowich sold 1,459 shares of the firm's stock in a transaction that occurred on Wednesday, May 14th. The stock was 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 of the company's stock, 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 have sold a total of 165,586 shares of company stock worth $10,997,929 over the last 90 days. Insiders own 1.00% of the company's stock.

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.