Westwood Holdings Group Inc. Sells 3,500 Shares of Ventas, Inc. (NYSE:VTR)

Westwood Holdings Group Inc. decreased its holdings in Ventas, Inc. (NYSE:VTR) by 24.4% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,836 shares of the real estate investment trust’s stock after selling 3,500 shares during the period. Westwood Holdings Group Inc.’s holdings in Ventas were worth $741,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Hudock Capital Group LLC boosted its stake in shares of Ventas by 10.7% in the second quarter. Hudock Capital Group LLC now owns 1,558 shares of the real estate investment trust’s stock worth $106,000 after acquiring an additional 151 shares during the period. FLC Capital Advisors boosted its stake in shares of Ventas by 3.2% in the second quarter. FLC Capital Advisors now owns 5,041 shares of the real estate investment trust’s stock worth $353,000 after acquiring an additional 155 shares during the period. Raymond James Trust N.A. boosted its stake in shares of Ventas by 0.6% in the second quarter. Raymond James Trust N.A. now owns 26,334 shares of the real estate investment trust’s stock worth $1,799,000 after acquiring an additional 165 shares during the period. 6 Meridian boosted its stake in shares of Ventas by 2.2% in the second quarter. 6 Meridian now owns 8,023 shares of the real estate investment trust’s stock worth $548,000 after acquiring an additional 169 shares during the period. Finally, H D Vest Advisory Services boosted its stake in shares of Ventas by 5.3% in the second quarter. H D Vest Advisory Services now owns 3,422 shares of the real estate investment trust’s stock worth $234,000 after acquiring an additional 172 shares during the period. 87.75% of the stock is owned by hedge funds and other institutional investors.

In other Ventas news, EVP John D. Cobb sold 10,000 shares of the company’s stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of $72.54, for a total transaction of $725,400.00. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.40% of the company’s stock.

Ventas stock traded down $0.10 during midday trading on Tuesday, reaching $72.63. 107,751 shares of the stock traded hands, compared to its average volume of 1,956,782. The stock’s fifty day moving average is $72.33 and its 200-day moving average is $66.69. Ventas, Inc. has a 12 month low of $51.80 and a 12 month high of $75.40. The stock has a market cap of $26.90 billion, a P/E ratio of 17.85, a PEG ratio of 6.13 and a beta of 0.23. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.94.

Ventas (NYSE:VTR) last announced its quarterly earnings results on Friday, July 26th. The real estate investment trust reported $0.58 EPS for the quarter, missing analysts’ consensus estimates of $0.96 by ($0.38). Ventas had a net margin of 13.34% and a return on equity of 4.78%. The firm had revenue of $950.70 million for the quarter, compared to the consensus estimate of $931.16 million. During the same period in the previous year, the company posted $0.46 earnings per share. Ventas’s quarterly revenue was up .9% on a year-over-year basis. On average, equities analysts predict that Ventas, Inc. will post 3.84 EPS for the current fiscal year.

The business also recently disclosed a — dividend, which will be paid on Friday, October 11th. Shareholders of record on Tuesday, October 1st will be given a dividend of $0.7925 per share. The ex-dividend date is Monday, September 30th. This represents a yield of 4.4%. Ventas’s dividend payout ratio (DPR) is presently 77.89%.

A number of equities analysts have recently weighed in on the company. Royal Bank of Canada upped their price objective on Ventas to $71.00 and gave the stock an “in-line” rating in a research note on Thursday, June 20th. Bank of America reissued a “neutral” rating and set a $72.50 price target (up from $67.00) on shares of Ventas in a research note on Friday, June 21st. Berenberg Bank initiated coverage on Ventas in a research note on Thursday, September 12th. They set a “hold” rating and a $72.00 price target for the company. Citigroup raised Ventas from a “neutral” rating to a “buy” rating and increased their price target for the company from $67.00 to $76.00 in a research note on Wednesday, June 19th. Finally, ValuEngine lowered Ventas from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and two have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $68.50.

About Ventas

Ventas, Inc, an S&P 500 company, is a leading real estate investment trust. Its diverse portfolio of approximately 1,200 assets in the United States, Canada and the United Kingdom consists of seniors housing communities, medical office buildings, university-based research and innovation centers, inpatient rehabilitation and long-term acute care facilities, and health systems.

Read More: Terms to Better Understand Call Options

Institutional Ownership by Quarter for Ventas (NYSE:VTR)

Receive News & Ratings for Ventas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ventas and related companies with MarketBeat.com's FREE daily email newsletter.