Banco Santander S.A. Has $1.27 Million Stock Position in Ventas, Inc. (NYSE:VTR)

Banco Santander S.A. cut its holdings in Ventas, Inc. (NYSE:VTR) by 1.1% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,807 shares of the real estate investment trust’s stock after selling 220 shares during the quarter. Banco Santander S.A.’s holdings in Ventas were worth $1,270,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Signaturefd LLC boosted its stake in shares of Ventas by 2.1% in the 3rd quarter. Signaturefd LLC now owns 8,120 shares of the real estate investment trust’s stock valued at $521,000 after purchasing an additional 165 shares in the last quarter. Profund Advisors LLC boosted its position in Ventas by 3.3% in the second quarter. Profund Advisors LLC now owns 6,270 shares of the real estate investment trust’s stock valued at $321,000 after buying an additional 199 shares in the last quarter. Bleakley Financial Group LLC grew its stake in shares of Ventas by 3.7% during the third quarter. Bleakley Financial Group LLC now owns 5,639 shares of the real estate investment trust’s stock worth $362,000 after buying an additional 203 shares during the last quarter. V Square Quantitative Management LLC increased its holdings in shares of Ventas by 3.9% during the third quarter. V Square Quantitative Management LLC now owns 5,832 shares of the real estate investment trust’s stock worth $374,000 after buying an additional 217 shares in the last quarter. Finally, Roman Butler Fullerton & Co. lifted its stake in shares of Ventas by 4.5% in the 3rd quarter. Roman Butler Fullerton & Co. now owns 5,434 shares of the real estate investment trust’s stock valued at $349,000 after acquiring an additional 232 shares during the last quarter. Institutional investors own 94.18% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Scotiabank boosted their price objective on Ventas from $59.00 to $65.00 and gave the stock a “sector perform” rating in a research report on Friday, October 11th. StockNews.com raised Ventas from a “sell” rating to a “hold” rating in a research note on Friday, November 1st. Evercore ISI raised their price objective on shares of Ventas from $64.00 to $70.00 and gave the company an “outperform” rating in a report on Monday, September 16th. Wolfe Research raised shares of Ventas to a “strong-buy” rating in a report on Friday, August 9th. Finally, Royal Bank of Canada raised their price target on shares of Ventas from $52.00 to $63.00 and gave the company an “outperform” rating in a research note on Friday, August 9th. Two investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $63.63.

Insider Buying and Selling at Ventas

In related news, CEO Debra A. Cafaro sold 121,248 shares of the company’s stock in a transaction dated 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 owns 986,717 shares in the company, valued at $65,291,063.89. This represents a 10.94 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Peter J. Bulgarelli sold 6,000 shares of the firm’s stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $64.99, for a total transaction of $389,940.00. Following the completion of the transaction, the chief executive officer now directly owns 90,795 shares in the company, valued at approximately $5,900,767.05. The trade was a 6.20 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 140,454 shares of company stock valued at $9,263,815. Company insiders own 1.00% of the company’s stock.

Ventas Stock Performance

Shares of NYSE VTR opened at $63.55 on Friday. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.39. The firm’s 50-day moving average price is $64.11 and its 200-day moving average price is $57.42. Ventas, Inc. has a 1-year low of $41.45 and a 1-year high of $67.61.

Ventas Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 17th. Shareholders of record on Tuesday, October 1st were issued a $0.45 dividend. The ex-dividend date was Tuesday, October 1st. This represents a $1.80 annualized dividend and a yield of 2.83%. Ventas’s payout ratio is currently -1,058.76%.

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.