Ventas, Inc. (NYSE:VTR) Shares Acquired by Rhumbline Advisers

Rhumbline Advisers lifted its stake in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 7.4% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 850,598 shares of the real estate investment trust's stock after acquiring an additional 58,892 shares during the period. Rhumbline Advisers owned 0.19% of Ventas worth $58,487,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. lifted its stake in Ventas by 2.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 27,557,480 shares of the real estate investment trust's stock worth $1,767,261,000 after acquiring an additional 599,600 shares in the last quarter. Caprock Group LLC increased its position in shares of Ventas by 73.5% during the fourth quarter. Caprock Group LLC now owns 6,054 shares of the real estate investment trust's stock worth $359,000 after acquiring an additional 2,565 shares during the period. Independence Bank of Kentucky acquired a new stake in shares of Ventas in the fourth quarter valued at $76,000. Spire Wealth Management boosted its holdings in Ventas by 22.9% in the fourth quarter. Spire Wealth Management now owns 2,546 shares of the real estate investment trust's stock valued at $150,000 after purchasing an additional 474 shares during the period. Finally, KPP Advisory Services LLC acquired a new position in Ventas during the 4th quarter worth $292,000. Institutional investors and hedge funds own 94.18% of the company's stock.

Insider Activity

In other Ventas news, CEO Debra A. Cafaro sold 44,551 shares of the stock in a transaction dated Thursday, April 3rd. The shares were sold at an average price of $71.06, for a total value of $3,165,794.06. Following the completion of the transaction, the chief executive officer now directly owns 1,145,695 shares of the company's stock, valued at approximately $81,413,086.70. This trade represents a 3.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Walter C. Rakowich sold 1,459 shares of the business'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 sale, the director now directly owns 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 165,586 shares of company stock worth $10,997,929 in the last 90 days. 0.80% of the stock is currently owned by corporate insiders.

Ventas Stock Performance

Shares of Ventas stock traded up $0.09 on Thursday, reaching $63.27. 3,442,986 shares of the stock were exchanged, compared to its average volume of 2,763,193. The firm has a market capitalization of $28.55 billion, a PE ratio of 333.02, a PEG ratio of 2.59 and a beta of 0.95. Ventas, Inc. has a 1-year low of $49.06 and a 1-year high of $71.36. The business has a fifty day moving average price of $66.07 and a two-hundred day moving average price of $63.93. 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 issued its earnings results on Wednesday, April 30th. The real estate investment trust reported $0.84 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.82 by $0.02. The business had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.32 billion. Ventas had a return on equity of 0.82% and a net margin of 1.65%. The company's revenue for the quarter was up 13.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.78 EPS. As a group, research analysts anticipate that Ventas, Inc. will post 3.4 earnings per share for the current fiscal 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 is Monday, June 30th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 3.03%. Ventas's dividend payout ratio (DPR) is presently 581.82%.

Analyst Ratings Changes

A number of brokerages have issued reports on VTR. Wall Street Zen downgraded Ventas from a "hold" rating to a "sell" rating in a report on Thursday, May 22nd. Mizuho boosted 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. 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 research report on Friday, February 28th. Morgan Stanley lifted their target price on shares of Ventas from $65.00 to $70.00 and gave the company an "equal weight" rating in a report on Tuesday, March 11th. Finally, JPMorgan Chase & Co. increased their price target on shares of Ventas from $71.00 to $73.00 and gave the stock a "neutral" rating in a research note on Friday, March 7th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, Ventas presently has a consensus rating of "Moderate Buy" and an average price target of $73.00.

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.