Ventas, Inc. (NYSE:VTR) Shares Sold by New Age Alpha Advisors LLC

Key Points

• New Age Alpha Advisors LLC reduced its stake in Ventas, Inc. by 44.4% during the first quarter, now owning 48,165 shares valued at approximately $3.31 million.
• Ventas reported $1.42 billion in revenue for the last quarter, exceeding analyst expectations, with earnings per share of $0.87, compared to forecasts of $0.85.
• The company announced a quarterly dividend of $0.48, resulting in an annualized dividend yield of 2.8%, despite a high dividend payout ratio of 446.51%.

New Age Alpha Advisors LLC lowered its position in Ventas, Inc. (NYSE:VTR - Free Report) by 44.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 48,165 shares of the real estate investment trust's stock after selling 38,476 shares during the quarter. New Age Alpha Advisors LLC's holdings in Ventas were worth $3,312,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Northern Trust Corp boosted its holdings in 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 valued at $365,563,000 after purchasing an additional 2,347,705 shares during the last quarter. Rush Island Management LP boosted its stake in shares of Ventas by 130.6% during the 4th quarter. Rush Island Management LP now owns 3,097,830 shares of the real estate investment trust's stock valued at $182,431,000 after buying an additional 1,754,494 shares during the last quarter. Marshall Wace LLP increased its stake 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. Zimmer Partners LP acquired a new stake in Ventas in the fourth quarter valued at $67,719,000. Finally, Janus Henderson Group PLC raised its holdings in Ventas by 1,196.0% in the fourth quarter. Janus Henderson Group PLC now owns 1,166,840 shares of the real estate investment trust's stock valued at $68,737,000 after acquiring an additional 1,076,803 shares in the last quarter. 94.18% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Ventas

In other Ventas news, CFO Robert F. Probst sold 29,691 shares of Ventas stock in a transaction on Monday, August 4th. The stock was sold at an average price of $68.49, for a total transaction of $2,033,536.59. Following the sale, the chief financial officer owned 168,364 shares of the company's stock, valued at $11,531,250.36. The trade was a 14.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Carey S. Roberts sold 23,500 shares of the business's stock in a transaction on Friday, May 30th. The stock was sold at an average price of $64.23, for a total value of $1,509,405.00. Following the transaction, the executive vice president owned 116,650 shares of the company's stock, valued at $7,492,429.50. This trade represents a 16.77% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 378,391 shares of company stock worth $24,809,760. 0.80% of the stock is owned by company insiders.

Ventas Stock Performance

Shares of Ventas stock traded down $0.16 on Friday, reaching $68.55. 1,692,661 shares of the company were exchanged, compared to its average volume of 2,788,376. The firm has a market cap of $31.15 billion, a price-to-earnings ratio of 159.42, a P/E/G ratio of 2.48 and a beta of 0.87. Ventas, Inc. has a 1-year low of $56.68 and a 1-year high of $71.36. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.68 and a current ratio of 0.68. The company's 50-day moving average is $64.60 and its two-hundred day moving average is $65.30.

Ventas (NYSE:VTR - Get Free Report) last issued its earnings results on Wednesday, July 30th. The real estate investment trust reported $0.87 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.02. The firm had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.37 billion. Ventas had a return on equity of 1.75% and a net margin of 3.61%. The firm's revenue for the quarter was up 18.3% on a year-over-year basis. During the same period last year, the company earned $0.80 earnings per share. As a group, research analysts expect that Ventas, Inc. will post 3.4 earnings per share for the current fiscal year.

Ventas Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, July 17th. Shareholders of record on Monday, June 30th were paid a $0.48 dividend. The ex-dividend date was Monday, June 30th. This represents a $1.92 annualized dividend and a dividend yield of 2.8%. Ventas's dividend payout ratio (DPR) is presently 446.51%.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. JPMorgan Chase & Co. raised shares of Ventas from a "neutral" rating to an "overweight" rating and raised their price objective for the stock from $70.00 to $72.00 in a report on Monday, June 23rd. Scotiabank lifted their price target on Ventas from $71.00 to $72.00 and gave the stock a "sector perform" rating in a research note on Monday, June 23rd. Wall Street Zen lowered Ventas from a "hold" rating to a "sell" rating in a report on Thursday, May 22nd. Finally, Royal Bank Of Canada increased their target price on Ventas from $74.00 to $75.00 and gave the stock an "outperform" rating in a report on Wednesday, May 7th. One research analyst has rated the stock with a sell rating, two have given a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $72.90.

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.