Advisors Management Group Inc. ADV Cuts Stake in Ventas, Inc. (NYSE:VTR)

Advisors Management Group Inc. ADV trimmed its stake in Ventas, Inc. (NYSE:VTR) by 0.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 80,140 shares of the real estate investment trust’s stock after selling 330 shares during the quarter. Ventas comprises 1.2% of Advisors Management Group Inc. ADV’s portfolio, making the stock its 29th largest position. Advisors Management Group Inc. ADV’s holdings in Ventas were worth $5,139,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Massachusetts Financial Services Co. MA purchased a new stake in shares of Ventas during the 2nd quarter valued at $135,425,000. ANTIPODES PARTNERS Ltd purchased a new stake in Ventas during the second quarter valued at about $73,517,000. Centersquare Investment Management LLC increased its stake in Ventas by 11.5% during the first quarter. Centersquare Investment Management LLC now owns 7,806,396 shares of the real estate investment trust’s stock worth $345,667,000 after acquiring an additional 802,546 shares during the last quarter. Zurich Insurance Group Ltd FI raised its holdings in shares of Ventas by 217.4% in the 2nd quarter. Zurich Insurance Group Ltd FI now owns 856,525 shares of the real estate investment trust’s stock worth $43,905,000 after purchasing an additional 586,676 shares during the period. Finally, Mackenzie Financial Corp lifted its stake in shares of Ventas by 1,247.7% in the 2nd quarter. Mackenzie Financial Corp now owns 496,531 shares of the real estate investment trust’s stock valued at $25,452,000 after purchasing an additional 459,689 shares in the last quarter. Institutional investors and hedge funds own 94.18% of the company’s stock.

Insider Activity at Ventas

In other Ventas news, CEO Peter J. Bulgarelli sold 6,000 shares of the stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $64.99, for a total value of $389,940.00. Following the sale, the chief executive officer now directly owns 90,795 shares of the company’s stock, valued at $5,900,767.05. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other Ventas news, CEO Peter J. Bulgarelli sold 6,000 shares of the company’s stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $64.99, for a total value of $389,940.00. Following the completion of the transaction, the chief executive officer now owns 90,795 shares in the company, valued at approximately $5,900,767.05. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Debra A. Cafaro sold 121,248 shares of Ventas stock in a transaction that occurred on Tuesday, October 29th. The shares were sold at an average price of $66.17, for a total value of $8,022,980.16. Following the sale, the chief executive officer now directly owns 986,717 shares in the company, valued at approximately $65,291,063.89. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 140,454 shares of company stock worth $9,263,815 in the last 90 days. 1.00% of the stock is currently owned by company insiders.

Ventas Price Performance

VTR opened at $63.22 on Thursday. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.39. The company’s 50-day moving average price is $63.91 and its 200 day moving average price is $55.86. Ventas, Inc. has a fifty-two week low of $41.45 and a fifty-two week high of $67.61. The firm has a market cap of $26.51 billion, a price-to-earnings ratio of -371.86, a price-to-earnings-growth ratio of 2.86 and a beta of 1.36.

Ventas Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 17th. Investors of record on Tuesday, October 1st were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 2.85%. The ex-dividend date of this dividend was Tuesday, October 1st. Ventas’s dividend payout ratio (DPR) is -1,058.76%.

Analyst Ratings Changes

Several brokerages recently issued reports on VTR. StockNews.com upgraded Ventas from a “sell” rating to a “hold” rating in a report on Friday, November 1st. Royal Bank of Canada boosted their target price on shares of Ventas from $52.00 to $63.00 and gave the stock an “outperform” rating in a research report on Friday, August 9th. Scotiabank lifted their price target on shares of Ventas from $59.00 to $65.00 and gave the stock a “sector perform” rating in a research note on Friday, October 11th. Evercore ISI raised their target price on Ventas from $64.00 to $70.00 and gave the company an “outperform” rating in a research note on Monday, September 16th. Finally, Wolfe Research raised 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 assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $63.63.

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.