Ventas, Inc. (NYSE:VTR) is Rush Island Management LP's 2nd Largest Position

Rush Island Management LP raised its position in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 130.6% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,097,830 shares of the real estate investment trust's stock after purchasing an additional 1,754,494 shares during the quarter. Ventas accounts for about 12.1% of Rush Island Management LP's investment portfolio, making the stock its 2nd biggest holding. Rush Island Management LP owned 0.74% of Ventas worth $182,431,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of VTR. JPMorgan Chase & Co. increased its stake in Ventas by 2.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 27,557,480 shares of the real estate investment trust's stock valued at $1,767,261,000 after purchasing an additional 599,600 shares in the last quarter. Harbor Capital Advisors Inc. grew its stake in shares of Ventas by 66.2% in the fourth quarter. Harbor Capital Advisors Inc. now owns 527 shares of the real estate investment trust's stock worth $31,000 after acquiring an additional 210 shares during the period. Czech National Bank grew its stake in shares of Ventas by 8.1% in the fourth quarter. Czech National Bank now owns 90,963 shares of the real estate investment trust's stock worth $5,357,000 after acquiring an additional 6,800 shares during the period. USA Financial Formulas bought a new stake in shares of Ventas in the fourth quarter worth approximately $1,182,000. Finally, Hennion & Walsh Asset Management Inc. grew its stake in shares of Ventas by 77.8% in the fourth 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 during the period. 94.18% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on VTR. Scotiabank lifted their price target on shares of Ventas from $69.00 to $72.00 and gave the stock a "sector perform" rating in a research note on Friday, February 28th. Argus set a $75.00 price target on shares of Ventas in a research note on Friday, March 7th. Morgan Stanley lifted their price target on shares of Ventas from $65.00 to $70.00 and gave the stock an "equal weight" rating in a research note on Tuesday, March 11th. Royal Bank of Canada lifted their price target on shares of Ventas from $74.00 to $75.00 and gave the stock an "outperform" rating in a research note on Wednesday, May 7th. Finally, Mizuho raised their price objective on shares of Ventas from $68.00 to $75.00 and gave the stock an "outperform" rating in a report on Tuesday, March 18th. Four equities research analysts have rated the stock with a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $73.00.

Insiders Place Their Bets

In other Ventas news, CEO Debra A. Cafaro sold 214,679 shares of the company's stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $68.22, for a total value of $14,645,401.38. Following the completion of the transaction, the chief executive officer now directly owns 1,138,143 shares in the company, valued at $77,644,115.46. This represents a 15.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Walter C. Rakowich sold 1,459 shares of the business's 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 completion of the transaction, the director now directly owns 27,454 shares in the company, valued at $1,750,467.04. This trade represents a 5.05% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 311,481 shares of company stock worth $21,385,983 over the last three months. 0.80% of the stock is currently owned by company insiders.

Ventas Price Performance

Shares of VTR traded down $0.18 during mid-day trading on Monday, reaching $65.45. The stock had a trading volume of 2,141,715 shares, compared to its average volume of 2,737,410. The firm has a market cap of $29.54 billion, a price-to-earnings ratio of 344.49, a PEG ratio of 2.59 and a beta of 0.95. Ventas, Inc. has a 12 month low of $46.66 and a 12 month high of $71.36. The business has a fifty day moving average of $66.96 and a 200 day moving average of $63.93. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.85 and a current ratio of 0.85.

Ventas (NYSE:VTR - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The real estate investment trust reported $0.84 earnings per share for the quarter, topping analysts' consensus estimates of $0.82 by $0.02. The business had revenue of $1.36 billion during the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period in the prior year, the business posted $0.78 earnings per share. Equities analysts predict that Ventas, Inc. will post 3.4 EPS for the current year.

Ventas Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 17th. Shareholders of record on Monday, June 30th will be given a $0.48 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.93%. Ventas's payout ratio is currently 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.