Reinhart Partners LLC. Sells 6,464 Shares of Ventas, Inc. (NYSE:VTR)

Reinhart Partners LLC. reduced its stake in Ventas, Inc. (NYSE:VTRFree Report) by 2.8% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 225,212 shares of the real estate investment trust’s stock after selling 6,464 shares during the quarter. Reinhart Partners LLC.’s holdings in Ventas were worth $9,806,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in VTR. Pensionfund DSM Netherlands grew its stake in Ventas by 10.4% during the first quarter. Pensionfund DSM Netherlands now owns 84,679 shares of the real estate investment trust’s stock worth $3,687,000 after buying an additional 8,000 shares in the last quarter. Nomura Holdings Inc. bought a new stake in shares of Ventas during the 4th quarter worth approximately $3,560,000. HighPoint Advisor Group LLC acquired a new stake in shares of Ventas during the 4th quarter worth approximately $450,000. Livelsberger Financial Advisory bought a new position in Ventas in the fourth quarter valued at approximately $55,000. Finally, PNC Financial Services Group Inc. increased its stake in Ventas by 10.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 62,424 shares of the real estate investment trust’s stock valued at $3,111,000 after acquiring an additional 5,828 shares during the last quarter. Institutional investors and hedge funds own 94.18% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on VTR shares. Wells Fargo & Company raised their target price on Ventas from $46.00 to $49.00 and gave the company an “equal weight” rating in a report on Thursday, May 30th. Evercore ISI raised Ventas from an “in-line” rating to an “outperform” rating and set a $50.00 price objective on the stock in a research note on Monday, March 18th. Finally, Scotiabank boosted their target price on Ventas from $47.00 to $51.00 and gave the stock a “sector perform” rating in a research note on Thursday, May 16th. One research 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. According to data from MarketBeat, Ventas presently has a consensus rating of “Moderate Buy” and a consensus price target of $51.46.

Read Our Latest Stock Report on VTR

Ventas Trading Up 0.5 %

Shares of Ventas stock traded up $0.26 during trading on Tuesday, hitting $50.26. The company’s stock had a trading volume of 1,412,033 shares, compared to its average volume of 2,310,687. The stock has a market cap of $20.34 billion, a price-to-earnings ratio of -264.51, a price-to-earnings-growth ratio of 2.60 and a beta of 1.33. Ventas, Inc. has a 52 week low of $39.33 and a 52 week high of $50.99. The stock has a 50-day moving average price of $46.85 and a two-hundred day moving average price of $46.31. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.63 and a quick ratio of 0.63.

Ventas Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 18th. Shareholders of record on Monday, July 1st will be paid a dividend of $0.45 per share. The ex-dividend date of this dividend is Monday, July 1st. This represents a $1.80 dividend on an annualized basis and a yield of 3.58%. Ventas’s dividend payout ratio (DPR) is presently -947.32%.

Insiders Place Their Bets

In other news, Director Walter C. Rakowich sold 2,145 shares of the firm’s stock in a transaction that occurred on Wednesday, May 15th. The stock was sold at an average price of $48.40, for a total value of $103,818.00. Following the transaction, the director now owns 26,031 shares in the company, valued at $1,259,900.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, Director Walter C. Rakowich sold 2,145 shares of the company’s stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $48.40, for a total value of $103,818.00. Following the completion of the sale, the director now owns 26,031 shares in the company, valued at approximately $1,259,900.40. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Gregory R. Liebbe sold 14,625 shares of Ventas 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 transaction, the chief accounting officer now directly owns 12,524 shares in the company, valued at approximately $597,394.80. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 35,270 shares of company stock worth $1,672,966. Insiders own 1.00% of the company’s stock.

Ventas Company Profile

(Free Report)

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.

Further Reading

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:VTRFree Report).

Institutional Ownership by Quarter for Ventas (NYSE:VTR)

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