Global Wealth Management Investment Advisory Inc. Increases Stock Holdings in Ventas, Inc. (NYSE:VTR)

Global Wealth Management Investment Advisory Inc. boosted its position in shares of Ventas, Inc. (NYSE:VTR) by 7.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,301 shares of the real estate investment trust’s stock after purchasing an additional 756 shares during the period. Global Wealth Management Investment Advisory Inc.’s holdings in Ventas were worth $725,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of VTR. Wealth Enhancement Advisory Services LLC lifted its holdings in Ventas by 54.3% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 22,680 shares of the real estate investment trust’s stock valued at $987,000 after acquiring an additional 7,979 shares during the last quarter. Norden Group LLC purchased a new position in shares of Ventas during the 1st quarter worth $257,000. First Trust Direct Indexing L.P. increased its position in shares of Ventas by 10.6% during the 1st quarter. First Trust Direct Indexing L.P. now owns 9,300 shares of the real estate investment trust’s stock worth $405,000 after purchasing an additional 890 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in Ventas by 5.7% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 83,943 shares of the real estate investment trust’s stock valued at $3,632,000 after buying an additional 4,513 shares during the period. Finally, Janney Montgomery Scott LLC lifted its holdings in shares of Ventas by 8.1% in the 1st quarter. Janney Montgomery Scott LLC now owns 15,361 shares of the real estate investment trust’s stock worth $669,000 after acquiring an additional 1,151 shares during the last quarter. 94.18% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, CFO Robert F. Probst sold 20,000 shares of Ventas stock in a transaction on Thursday, August 8th. The shares were sold at an average price of $58.87, for a total transaction of $1,177,400.00. Following the sale, the chief financial officer now directly owns 156,403 shares in the company, valued at $9,207,444.61. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, CFO Robert F. Probst sold 20,000 shares of Ventas stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $58.87, for a total transaction of $1,177,400.00. Following the sale, the chief financial officer now owns 156,403 shares in the company, valued at approximately $9,207,444.61. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Debra A. Cafaro sold 6,827 shares of the business’s stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of $63.20, for a total value of $431,466.40. Following the completion of the sale, the chief executive officer now owns 986,717 shares of the company’s stock, valued at approximately $62,360,514.40. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 160,454 shares of company stock worth $10,441,215. Corporate insiders own 1.00% of the company’s stock.

Ventas Stock Performance

Shares of NYSE VTR traded down $0.49 during midday trading on Tuesday, hitting $63.86. 69,713 shares of the company’s stock were exchanged, compared to its average volume of 2,382,720. The firm’s fifty day simple moving average is $63.79 and its 200-day simple moving average is $55.66. Ventas, Inc. has a twelve month low of $41.45 and a twelve month high of $67.61. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.04 and a quick ratio of 1.04.

Ventas Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 17th. Stockholders of record on Tuesday, October 1st were given a dividend of $0.45 per share. The ex-dividend date was Tuesday, October 1st. This represents a $1.80 annualized dividend and a dividend yield of 2.82%. Ventas’s dividend payout ratio is presently -1,058.76%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Royal Bank of Canada boosted their price objective on Ventas from $52.00 to $63.00 and gave the company an “outperform” rating in a report on Friday, August 9th. Wedbush boosted their price target on shares of Ventas from $64.00 to $71.00 and gave the stock an “outperform” rating in a research note on Tuesday, September 10th. StockNews.com upgraded shares of Ventas from a “sell” rating to a “hold” rating in a report on Friday. Evercore ISI upped their price objective on Ventas from $64.00 to $70.00 and gave the stock an “outperform” rating in a research report on Monday, September 16th. Finally, Wolfe Research upgraded Ventas to a “strong-buy” rating in a report on Friday, August 9th. Two analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $63.63.

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.