Ventas, Inc. (NYSE:VTR) Shares Acquired by State of Alaska Department of Revenue

State of Alaska Department of Revenue boosted its position in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 2.4% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 255,640 shares of the real estate investment trust's stock after acquiring an additional 5,873 shares during the period. State of Alaska Department of Revenue owned 0.06% of Ventas worth $17,576,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Norges Bank purchased a new position in shares of Ventas in the fourth quarter worth $340,282,000. Northern Trust Corp raised its holdings in shares of Ventas by 60.8% in the fourth quarter. Northern Trust Corp now owns 6,207,553 shares of the real estate investment trust's stock worth $365,563,000 after buying an additional 2,347,705 shares during the last quarter. Rush Island Management LP raised its holdings in shares of Ventas by 130.6% in the fourth quarter. Rush Island Management LP now owns 3,097,830 shares of the real estate investment trust's stock worth $182,431,000 after buying an additional 1,754,494 shares during the last quarter. Marshall Wace LLP raised its holdings in shares of Ventas by 1,489.5% in the fourth quarter. Marshall Wace LLP now owns 1,456,112 shares of the real estate investment trust's stock worth $85,750,000 after buying an additional 1,364,504 shares during the last quarter. Finally, Zimmer Partners LP purchased a new position in shares of Ventas in the fourth quarter worth $67,719,000. Hedge funds and other institutional investors own 94.18% of the company's stock.

Insider Activity at Ventas

In related news, Director Walter C. Rakowich sold 1,459 shares of the firm's stock in a transaction on Wednesday, May 14th. The shares were sold at an average price of $63.76, for a total transaction of $93,025.84. Following the sale, the director now owns 27,454 shares in the company, valued at approximately $1,750,467.04. This trade represents a 5.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Carey S. Roberts sold 23,500 shares of the firm's stock in a transaction on 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 sale, the executive vice president now owns 116,650 shares in the company, valued at approximately $7,492,429.50. This represents a 16.77% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 165,586 shares of company stock worth $10,997,929. 0.80% of the stock is owned by company insiders.

Analyst Ratings Changes

VTR has been the subject of a number of research analyst reports. JPMorgan Chase & Co. raised their price target on shares of Ventas from $71.00 to $73.00 and gave the stock a "neutral" rating in a report on Friday, March 7th. Argus set a $75.00 price target on shares of Ventas in a report on Friday, March 7th. Wells Fargo & Company raised their price target on shares of Ventas from $72.00 to $77.00 and gave the stock an "overweight" rating in a report on Monday, March 10th. Scotiabank raised their price target 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. Finally, Wall Street Zen cut shares of Ventas from a "hold" rating to a "sell" rating in a report on Thursday, May 22nd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, seven have given 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 a consensus price target of $73.00.

Ventas Stock Performance

Shares of NYSE:VTR traded down $0.21 during midday trading on Friday, reaching $62.49. The company's stock had a trading volume of 11,453,377 shares, compared to its average volume of 2,847,009. The firm has a market capitalization of $28.20 billion, a PE ratio of 189.37, a P/E/G ratio of 2.25 and a beta of 0.89. Ventas, Inc. has a twelve month low of $49.48 and a twelve month high of $71.36. The stock has a fifty day moving average of $65.29 and a 200 day moving average of $63.88. The company has a quick ratio of 0.32, a current ratio of 0.32 and a debt-to-equity ratio of 1.10.

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

Ventas Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 17th. Investors of record on Monday, June 30th will be given 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 3.07%. Ventas's dividend payout ratio is presently 581.82%.

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.