Point72 Asset Management L.P. Purchases 295,873 Shares of Ventas, Inc. (NYSE:VTR)

Point72 Asset Management L.P. lifted its position in Ventas, Inc. (NYSE:VTR - Free Report) by 226.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 426,278 shares of the real estate investment trust's stock after acquiring an additional 295,873 shares during the quarter. Point72 Asset Management L.P. owned approximately 0.10% of Ventas worth $25,104,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in VTR. JPMorgan Chase & Co. grew its stake in shares of Ventas by 2.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 27,557,480 shares of the real estate investment trust's stock worth $1,767,261,000 after acquiring an additional 599,600 shares in the last quarter. Hennion & Walsh Asset Management Inc. grew its stake in shares of Ventas by 77.8% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 10,502 shares of the real estate investment trust's stock worth $618,000 after acquiring an additional 4,594 shares in the last quarter. Ritholtz Wealth Management grew its stake in shares of Ventas by 236.7% in the 4th quarter. Ritholtz Wealth Management now owns 27,342 shares of the real estate investment trust's stock worth $1,610,000 after acquiring an additional 19,222 shares in the last quarter. Foresight Group Ltd Liability Partnership grew its stake in shares of Ventas by 196.2% in the 4th quarter. Foresight Group Ltd Liability Partnership now owns 17,769 shares of the real estate investment trust's stock worth $1,040,000 after acquiring an additional 11,769 shares in the last quarter. Finally, Avanza Fonder AB bought a new stake in shares of Ventas in the 4th quarter worth $2,499,000. Institutional investors own 94.18% of the company's stock.

Insider Transactions at Ventas

In other news, Director Walter C. Rakowich sold 1,459 shares of the stock in a transaction dated Wednesday, May 14th. The shares were sold at an average price of $63.76, for a total value of $93,025.84. Following the sale, the director now directly owns 27,454 shares of the company's stock, 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 filing with the SEC, which can be accessed through the SEC website. Also, CEO Debra A. Cafaro sold 388 shares of the stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $71.00, for a total transaction of $27,548.00. Following the completion of the sale, the chief executive officer now directly owns 1,128,143 shares in the company, valued at approximately $80,098,153. The trade was a 0.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 311,481 shares of company stock valued at $21,385,983. 0.80% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

VTR has been the subject of several recent analyst reports. Baird R W upgraded shares of Ventas from a "hold" rating to a "strong-buy" rating in a research note on Friday, January 17th. Mizuho increased their price target on shares of Ventas from $68.00 to $75.00 and gave the company an "outperform" rating in a research report on Tuesday, March 18th. Scotiabank increased their price target on shares of Ventas from $69.00 to $72.00 and gave the company a "sector perform" rating in a research report on Friday, February 28th. StockNews.com upgraded shares of Ventas from a "sell" rating to a "hold" rating in a research report on Wednesday. Finally, Argus set a $75.00 price target on shares of Ventas in a research report on Friday, March 7th. Four analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, Ventas presently has an average rating of "Moderate Buy" and an average price target of $73.00.

Ventas Price Performance

NYSE VTR opened at $65.78 on Friday. The company has a market cap of $29.69 billion, a PE ratio of 346.24, a price-to-earnings-growth ratio of 2.59 and a beta of 0.95. Ventas, Inc. has a 52 week low of $46.66 and a 52 week high of $71.36. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.25. The firm's 50-day simple moving average is $66.96 and its two-hundred day simple moving average is $63.96.

Ventas (NYSE:VTR - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The real estate investment trust reported $0.84 EPS for the quarter, beating the consensus estimate of $0.82 by $0.02. The business had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.32 billion. Ventas had a net margin of 1.65% and a return on equity of 0.82%. The company's revenue was up 13.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.78 earnings per share. Research analysts predict that Ventas, Inc. will post 3.4 earnings per share for the current year.

Ventas Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 17th. Stockholders 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 2.92%. The ex-dividend date of this dividend is Monday, June 30th. Ventas's payout ratio is 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.

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