Ventas, Inc. (NYSE:VTR) Shares Sold by Wellington Management Group LLP

Wellington Management Group LLP lessened its stake in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 96.3% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 33,867 shares of the real estate investment trust's stock after selling 877,852 shares during the quarter. Wellington Management Group LLP's holdings in Ventas were worth $1,427,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of VTR. Deutsche Bank AG raised its position in shares of Ventas by 315.0% in the 3rd quarter. Deutsche Bank AG now owns 3,218,555 shares of the real estate investment trust's stock worth $135,598,000 after acquiring an additional 2,443,076 shares in the last quarter. Public Sector Pension Investment Board raised its position in shares of Ventas by 6.5% in the 3rd quarter. Public Sector Pension Investment Board now owns 81,727 shares of the real estate investment trust's stock worth $3,443,000 after purchasing an additional 4,994 shares during the last quarter. Creative Planning boosted its stake in Ventas by 7.5% in the 3rd quarter. Creative Planning now owns 27,045 shares of the real estate investment trust's stock worth $1,139,000 after purchasing an additional 1,889 shares in the last quarter. Employees Retirement System of Texas grew its position in Ventas by 5.7% during the 3rd quarter. Employees Retirement System of Texas now owns 186,399 shares of the real estate investment trust's stock valued at $7,853,000 after purchasing an additional 10,000 shares during the last quarter. Finally, Ranger Global Real Estate Advisors LLC raised its holdings in Ventas by 76.4% in the third quarter. Ranger Global Real Estate Advisors LLC now owns 466,389 shares of the real estate investment trust's stock worth $19,649,000 after buying an additional 202,000 shares during the last quarter. Hedge funds and other institutional investors own 94.18% of the company's stock.

Ventas Trading Up 0.8 %

Ventas stock traded up $0.36 during midday trading on Friday, reaching $43.54. The stock had a trading volume of 3,012,275 shares, compared to its average volume of 2,726,920. The firm has a market cap of $17.52 billion, a price-to-earnings ratio of -395.82, a price-to-earnings-growth ratio of 2.43 and a beta of 1.26. The company has a fifty day moving average of $44.58 and a 200 day moving average of $44.96. Ventas, Inc. has a 52-week low of $39.33 and a 52-week high of $50.99. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 1.41.

Ventas Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 18th. Stockholders of record on Monday, April 1st will be given a dividend of $0.45 per share. The ex-dividend date is Thursday, March 28th. This represents a $1.80 annualized dividend and a dividend yield of 4.13%. Ventas's dividend payout ratio (DPR) is -1,636.36%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on VTR. Evercore ISI raised Ventas from an "in-line" rating to an "outperform" rating and set a $50.00 price target on the stock in a report on Monday, March 18th. Bank of America upgraded shares of Ventas from a "neutral" rating to a "buy" rating and increased their price objective for the company from $48.00 to $53.00 in a research report on Tuesday, January 16th. Wells Fargo & Company restated an "equal weight" rating and set a $46.00 price target (down from $52.00) on shares of Ventas in a research note on Monday, February 26th. StockNews.com cut Ventas from a "hold" rating to a "sell" rating in a report on Tuesday, February 13th. Finally, Mizuho lifted their target price on shares of Ventas from $53.00 to $56.00 and gave the company a "buy" rating in a research note on Wednesday, January 3rd. One investment analyst has rated the stock with a sell rating, three have given a hold rating and ten have given a buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $51.43.

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.