Sanctuary Advisors LLC Boosts Stock Position in Ventas, Inc. (NYSE:VTR)

Sanctuary Advisors LLC lifted its holdings in shares of Ventas, Inc. (NYSE:VTR) by 29.1% during the third quarter, HoldingsChannel reports. The firm owned 32,455 shares of the real estate investment trust’s stock after purchasing an additional 7,307 shares during the quarter. Sanctuary Advisors LLC’s holdings in Ventas were worth $2,063,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in VTR. Global X Japan Co. Ltd. bought a new stake in Ventas in the third quarter worth about $48,000. EdgeRock Capital LLC purchased a new position in Ventas in the second quarter valued at approximately $41,000. Morse Asset Management Inc bought a new position in Ventas during the third quarter valued at $64,000. Hanseatic Management Services Inc. purchased a new stake in Ventas in the third quarter worth $74,000. Finally, Tobam bought a new stake in shares of Ventas in the third quarter valued at $79,000. 94.18% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on VTR shares. Wedbush reissued an “outperform” rating and issued a $75.00 price objective on shares of Ventas in a report on Tuesday, December 3rd. Wells Fargo & Company upgraded shares of Ventas from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $61.00 to $71.00 in a research note on Tuesday, October 1st. StockNews.com lowered shares of Ventas from a “hold” rating to a “sell” rating in a research note on Friday, December 13th. Evercore ISI raised their price target on Ventas from $64.00 to $70.00 and gave the stock an “outperform” rating in a report on Monday, September 16th. Finally, Scotiabank increased their price objective on Ventas from $59.00 to $65.00 and gave the stock a “sector perform” rating in a report on Friday, October 11th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $65.63.

Ventas Price Performance

Ventas stock opened at $58.70 on Thursday. The stock has a market cap of $24.63 billion, a price-to-earnings ratio of -345.27, a PEG ratio of 2.78 and a beta of 1.36. 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 business has a 50-day simple moving average of $63.52 and a 200 day simple moving average of $59.22. Ventas, Inc. has a 52 week low of $41.45 and a 52 week high of $67.61.

Ventas Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 16th. Investors of record on Tuesday, December 31st will be given a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 3.07%. The ex-dividend date is Tuesday, December 31st. Ventas’s dividend payout ratio (DPR) is -1,058.82%.

Insider Activity at Ventas

In other Ventas news, CEO Debra A. Cafaro sold 6,004 shares of the firm’s stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $66.11, for a total transaction of $396,924.44. Following the sale, the chief executive officer now owns 986,717 shares in the company, valued at $65,231,860.87. This trade represents a 0.60 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.00% of the stock is currently owned by insiders.

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.