Hoylecohen LLC Has $1.59 Million Stock Holdings in Ventas, Inc. (NYSE:VTR)

Hoylecohen LLC lowered its stake in shares of Ventas, Inc. (NYSE:VTR) by 19.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 31,956 shares of the real estate investment trust’s stock after selling 7,526 shares during the period. Hoylecohen LLC’s holdings in Ventas were worth $1,593,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in VTR. Bruce G. Allen Investments LLC bought a new position in shares of Ventas in the fourth quarter valued at approximately $25,000. Manchester Capital Management LLC grew its stake in shares of Ventas by 77.9% in the 4th quarter. Manchester Capital Management LLC now owns 514 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 225 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in shares of Ventas by 151.1% in the third quarter. Jones Financial Companies Lllp now owns 796 shares of the real estate investment trust’s stock valued at $34,000 after purchasing an additional 479 shares during the last quarter. Gradient Investments LLC lifted its position in shares of Ventas by 82.7% during the fourth quarter. Gradient Investments LLC now owns 718 shares of the real estate investment trust’s stock valued at $36,000 after purchasing an additional 325 shares in the last quarter. Finally, EdgeRock Capital LLC bought a new stake in Ventas in the 4th quarter worth about $37,000. Institutional investors own 94.18% of the company’s stock.

Ventas Trading Up 0.7 %

NYSE:VTR traded up $0.31 during trading hours on Friday, reaching $47.50. The company’s stock had a trading volume of 1,056,420 shares, compared to its average volume of 2,153,200. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.63 and a current ratio of 0.63. The firm has a market capitalization of $19.23 billion, a price-to-earnings ratio of -249.99, a PEG ratio of 2.45 and a beta of 1.25. The firm has a 50-day simple moving average of $44.75 and a 200-day simple moving average of $45.71. Ventas, Inc. has a 1 year low of $39.33 and a 1 year high of $50.99.

Ventas Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 18th. Shareholders of record on Monday, July 1st will be given a $0.45 dividend. The ex-dividend date is Monday, July 1st. This represents a $1.80 annualized dividend and a yield of 3.79%. Ventas’s payout ratio is currently -947.32%.

Insider Activity

In other Ventas news, CFO Robert F. Probst sold 18,500 shares of the firm’s stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of $47.11, for a total value of $871,535.00. Following the sale, the chief financial officer now owns 176,403 shares of the company’s stock, valued at approximately $8,310,345.33. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In related news, CAO Gregory R. Liebbe sold 14,625 shares of the company’s stock in a transaction that occurred on Friday, May 10th. The stock was sold at an average price of $47.70, for a total transaction of $697,612.50. Following the completion of the transaction, the chief accounting officer now owns 12,524 shares in the company, valued at $597,394.80. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Robert F. Probst sold 18,500 shares of Ventas stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of $47.11, for a total transaction of $871,535.00. Following the completion of the sale, the chief financial officer now owns 176,403 shares in the company, valued at approximately $8,310,345.33. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 35,270 shares of company stock valued at $1,672,966. 1.00% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. StockNews.com lowered shares of Ventas from a “hold” rating to a “sell” rating in a research report on Tuesday, February 13th. Evercore ISI raised Ventas from an “in-line” rating to an “outperform” rating and set a $50.00 price objective for the company in a report on Monday, March 18th. Deutsche Bank Aktiengesellschaft assumed coverage on Ventas in a research report on Tuesday, January 30th. They issued a “buy” rating and a $60.00 target price for the company. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $46.00 price target (down previously from $52.00) on shares of Ventas in a research report on Monday, February 26th. Finally, Scotiabank lifted their price objective on Ventas from $47.00 to $51.00 and gave the stock a “sector perform” rating in a report on Thursday, May 16th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $51.23.

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.