Wellington Management Group LLP Sells 19,295 Shares of Ventas, Inc. (NYSE:VTR)

Wellington Management Group LLP decreased its holdings in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 33.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,182 shares of the real estate investment trust's stock after selling 19,295 shares during the quarter. Wellington Management Group LLP's holdings in Ventas were worth $2,249,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Mizuho Securities USA LLC lifted its position in Ventas by 48.4% in the 4th quarter. Mizuho Securities USA LLC now owns 39,760 shares of the real estate investment trust's stock worth $2,341,000 after buying an additional 12,969 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake in Ventas by 726.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 5,267 shares of the real estate investment trust's stock worth $310,000 after purchasing an additional 4,630 shares during the period. Charles Schwab Investment Management Inc. grew its stake in Ventas by 2.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,028,015 shares of the real estate investment trust's stock worth $296,100,000 after purchasing an additional 123,937 shares during the period. JPMorgan Chase & Co. grew its stake in Ventas by 2.2% in the third quarter. JPMorgan Chase & Co. now owns 27,557,480 shares of the real estate investment trust's stock worth $1,767,261,000 after purchasing an additional 599,600 shares during the period. Finally, Renaissance Technologies LLC grew its stake in Ventas by 56.0% in the fourth quarter. Renaissance Technologies LLC now owns 2,499,228 shares of the real estate investment trust's stock worth $147,180,000 after purchasing an additional 896,717 shares during the period. Institutional investors own 94.18% of the company's stock.

Ventas Price Performance

Shares of NYSE VTR traded up $0.35 during midday trading on Friday, reaching $63.65. 3,533,048 shares of the stock traded hands, compared to its average volume of 2,777,822. The company's 50 day moving average is $65.84 and its 200 day moving average is $63.92. Ventas, Inc. has a one year low of $49.26 and a one year high of $71.36. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.85 and a quick ratio of 0.85. The stock has a market capitalization of $28.72 billion, a PE ratio of 335.00, a P/E/G ratio of 2.59 and a beta of 0.89.

Ventas (NYSE:VTR - Get Free Report) last posted its earnings results on Wednesday, April 30th. The real estate investment trust reported $0.84 earnings per share for the quarter, beating analysts' consensus estimates of $0.82 by $0.02. Ventas had a net margin of 1.65% and a return on equity of 0.82%. The firm had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.32 billion. During the same period last year, the firm posted $0.78 earnings per share. Ventas's revenue for the quarter was up 13.2% compared to the same quarter last year. On average, equities research analysts anticipate that Ventas, Inc. will post 3.4 earnings per share for the current year.

Ventas Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 17th. Investors of record on Monday, June 30th will be issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 3.02%. The ex-dividend date of this dividend is Monday, June 30th. Ventas's dividend payout ratio (DPR) is presently 581.82%.

Wall Street Analyst Weigh In

VTR has been the topic of a number of recent research reports. Wall Street Zen cut Ventas from a "hold" rating to a "sell" rating in a research note on Thursday, May 22nd. Wells Fargo & Company increased their target price on Ventas from $72.00 to $77.00 and gave the company an "overweight" rating in a report on Monday, March 10th. JPMorgan Chase & Co. increased their target price on Ventas from $71.00 to $73.00 and gave the company a "neutral" rating in a report on Friday, March 7th. Morgan Stanley raised their price objective on Ventas from $65.00 to $70.00 and gave the stock an "equal weight" rating in a research note on Tuesday, March 11th. Finally, Scotiabank raised their price objective on Ventas from $69.00 to $72.00 and gave the stock a "sector perform" rating in a research note on Friday, February 28th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $73.00.

Insider Activity at Ventas

In other Ventas news, CEO Debra A. Cafaro sold 44,551 shares of Ventas 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 completion of the transaction, the chief executive officer now directly owns 1,145,695 shares of the company's stock, valued at $81,413,086.70. The trade was a 3.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Robert F. Probst sold 69,592 shares of Ventas stock in a transaction on Wednesday, May 21st. The stock was sold at an average price of $64.59, for a total transaction of $4,494,947.28. Following the transaction, the chief financial officer now directly owns 168,364 shares of the company's stock, valued at $10,874,630.76. The trade was a 29.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 165,586 shares of company stock valued at $10,997,929. 0.80% of the stock is owned by corporate insiders.

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.