Wealth Alliance LLC Invests $282,000 in Ventas, Inc. (NYSE:VTR)

Wealth Alliance LLC purchased a new position in shares of Ventas, Inc. (NYSE:VTR - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 4,097 shares of the real estate investment trust's stock, valued at approximately $282,000.

A number of other large investors also recently modified their holdings of the business. Cloud Capital Management LLC acquired a new position in shares of Ventas in the first quarter valued at $25,000. Larson Financial Group LLC raised its stake in shares of Ventas by 1,334.6% in the first quarter. Larson Financial Group LLC now owns 373 shares of the real estate investment trust's stock valued at $26,000 after purchasing an additional 347 shares in the last quarter. Franchise Capital Ltd acquired a new position in shares of Ventas in the first quarter valued at $32,000. Rossby Financial LCC acquired a new position in shares of Ventas in the first quarter valued at $34,000. Finally, Private Trust Co. NA raised its stake in shares of Ventas by 175.2% in the first quarter. Private Trust Co. NA now owns 622 shares of the real estate investment trust's stock valued at $43,000 after purchasing an additional 396 shares in the last quarter. 94.18% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

VTR has been the subject of a number of recent research reports. Royal Bank Of Canada upped their target price on Ventas from $74.00 to $75.00 and gave the company an "outperform" rating in a research note on Wednesday, May 7th. Scotiabank upped their target price on Ventas from $71.00 to $72.00 and gave the company a "sector perform" rating in a research note on Monday, June 23rd. JPMorgan Chase & Co. upgraded Ventas from a "neutral" rating to an "overweight" rating and upped their target price for the company from $70.00 to $72.00 in a research note on Monday, June 23rd. Finally, Wall Street Zen lowered Ventas from a "hold" rating to a "sell" rating in a research note on Thursday, May 22nd. 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 company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $72.90.

Insiders Place Their Bets

In other news, Director Walter C. Rakowich sold 1,459 shares of the stock in a transaction on Wednesday, May 14th. The stock was sold at an average price of $63.76, for a total transaction of $93,025.84. Following the sale, the director owned 27,454 shares in the company, valued at approximately $1,750,467.04. This represents a 5.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Carey S. Roberts sold 23,500 shares of the 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 sale, the executive vice president owned 116,650 shares in the company, valued at $7,492,429.50. The trade was a 16.77% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 314,095 shares of company stock worth $20,460,099 over the last ninety days. Company insiders own 1.00% of the company's stock.

Ventas Stock Performance

Ventas stock opened at $66.41 on Tuesday. The stock has a fifty day moving average price of $63.82 and a two-hundred day moving average price of $64.50. The company has a debt-to-equity ratio of 1.10, a current ratio of 0.32 and a quick ratio of 0.32. The firm has a market capitalization of $29.97 billion, a P/E ratio of 201.23, a P/E/G ratio of 2.37 and a beta of 0.87. Ventas, Inc. has a 52-week low of $52.79 and a 52-week high of $71.36.

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. The company had revenue of $1.36 billion for the quarter, compared to analysts' expectations of $1.32 billion. Ventas had a return on equity of 1.36% and a net margin of 2.80%. The business's revenue for the quarter was up 13.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.78 earnings per share. As a group, analysts anticipate that Ventas, Inc. will post 3.4 EPS for the current fiscal year.

Ventas Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 17th. Stockholders of record on Monday, June 30th were issued a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 2.89%. The ex-dividend date was Monday, June 30th. Ventas's payout ratio is presently 581.82%.

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.

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