Texas Permanent School Fund Has $3.34 Million Stock Position in Ventas, Inc. (NYSE:VTR)

Texas Permanent School Fund lowered its stake in Ventas, Inc. (NYSE:VTR) by 1.8% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 62,561 shares of the real estate investment trust’s stock after selling 1,170 shares during the quarter. Texas Permanent School Fund’s holdings in Ventas were worth $3,337,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in VTR. Jones Financial Companies Lllp grew its holdings in Ventas by 3,848.6% during the first quarter. Jones Financial Companies Lllp now owns 1,382 shares of the real estate investment trust’s stock worth $74,000 after purchasing an additional 1,347 shares during the period. MUFG Americas Holdings Corp grew its holdings in Ventas by 474.7% during the first quarter. MUFG Americas Holdings Corp now owns 500 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 413 shares during the period. Intrua Financial LLC bought a new position in Ventas during the first quarter worth about $335,000. Trustcore Financial Services LLC grew its holdings in Ventas by 21.6% during the first quarter. Trustcore Financial Services LLC now owns 5,104 shares of the real estate investment trust’s stock worth $272,000 after purchasing an additional 905 shares during the period. Finally, Virginia Retirement Systems ET AL grew its holdings in Ventas by 10.4% during the first quarter. Virginia Retirement Systems ET AL now owns 357,086 shares of the real estate investment trust’s stock worth $19,047,000 after purchasing an additional 33,600 shares during the period. 90.54% of the stock is currently owned by institutional investors and hedge funds.

Shares of VTR opened at $54.64 on Monday. Ventas, Inc. has a one year low of $26.87 and a one year high of $58.10. The company has a market cap of $20.50 billion, a P/E ratio of 49.67, a P/E/G ratio of 4.34 and a beta of 1.06. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.53 and a quick ratio of 1.53. The firm has a 50 day simple moving average of $54.76 and a two-hundred day simple moving average of $50.66.

Ventas (NYSE:VTR) last announced its quarterly earnings results on Friday, May 7th. The real estate investment trust reported ($0.15) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.70 by ($0.85). The company had revenue of $910.29 million for the quarter, compared to analyst estimates of $896.37 million. Ventas had a return on equity of 3.88% and a net margin of 10.49%. The firm’s quarterly revenue was down 10.1% on a year-over-year basis. During the same quarter last year, the company posted $0.97 earnings per share. On average, analysts expect that Ventas, Inc. will post 3.17 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 14th. Stockholders of record on Thursday, April 1st were issued a dividend of $0.45 per share. The ex-dividend date was Wednesday, March 31st. This represents a $1.80 annualized dividend and a dividend yield of 3.29%. Ventas’s dividend payout ratio (DPR) is presently 46.75%.

In related news, CEO Debra A. Cafaro sold 18,076 shares of the business’s stock in a transaction on Thursday, April 1st. The shares were sold at an average price of $53.33, for a total value of $963,993.08. Following the sale, the chief executive officer now owns 759,352 shares of the company’s stock, valued at $40,496,242.16. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO Robert F. Probst sold 5,200 shares of the business’s stock in a transaction on Monday, February 22nd. The stock was sold at an average price of $54.00, for a total transaction of $280,800.00. Following the completion of the sale, the chief financial officer now directly owns 142,591 shares in the company, valued at approximately $7,699,914. The disclosure for this sale can be found here. Insiders have sold 59,086 shares of company stock valued at $3,229,264 over the last quarter. Company insiders own 1.16% of the company’s stock.

A number of equities analysts recently commented on the company. Wells Fargo & Company lifted their price target on Ventas from $40.00 to $50.00 in a report on Thursday, March 11th. Mizuho boosted their price objective on Ventas from $38.00 to $45.00 and gave the stock a “neutral” rating in a report on Tuesday, February 9th. Morgan Stanley boosted their price objective on Ventas from $52.00 to $58.00 and gave the stock an “equal weight” rating in a report on Monday, March 22nd. Royal Bank of Canada boosted their price objective on Ventas from $54.00 to $58.00 and gave the stock an “outperform” rating in a report on Tuesday, March 2nd. Finally, Robert W. Baird upgraded Ventas from a “neutral” rating to an “outperform” rating and set a $58.00 price objective for the company in a report on Thursday. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and five have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $49.72.

About Ventas

Ventas, an S&P 500 company, operates at the intersection of two powerful and dynamic industries Â- healthcare and real estate. As one of the world's foremost Real Estate Investment Trusts (REIT), we use the power of capital to unlock the value of real estate, partnering with leading care providers, developers, research and medical institutions, innovators and healthcare organizations whose success is buoyed by the demographic tailwind of an aging population.

Featured Story: What is an overbought condition?

Want to see what other hedge funds are holding VTR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ventas, Inc. (NYSE:VTR).

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.