Sanibel Captiva Trust Company Inc. Sells 1,350 Shares of Ventas, Inc. (NYSE:VTR)

Sanibel Captiva Trust Company Inc. trimmed its holdings in Ventas, Inc. (NYSE:VTR) by 8.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,844 shares of the real estate investment trust’s stock after selling 1,350 shares during the period. Sanibel Captiva Trust Company Inc.’s holdings in Ventas were worth $874,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the business. ST Germain D J Co. Inc. purchased a new stake in Ventas during the 4th quarter valued at approximately $27,000. Harbor Capital Advisors Inc. boosted its position in shares of Ventas by 66.2% during the fourth quarter. Harbor Capital Advisors Inc. now owns 527 shares of the real estate investment trust’s stock worth $31,000 after acquiring an additional 210 shares during the last quarter. Global X Japan Co. Ltd. bought a new position in shares of Ventas during the third quarter worth $48,000. Morse Asset Management Inc purchased a new position in Ventas during the third quarter valued at $64,000. Finally, Hanseatic Management Services Inc. bought a new stake in Ventas in the 3rd quarter valued at $74,000. Institutional investors own 94.18% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently commented on VTR. Wells Fargo & Company raised Ventas from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $61.00 to $71.00 in a research note on Tuesday, October 1st. Scotiabank raised their target price on shares of Ventas from $59.00 to $65.00 and gave the company a “sector perform” rating in a report on Friday, October 11th. StockNews.com upgraded shares of Ventas from a “sell” rating to a “hold” rating in a research report on Friday. Mizuho lowered their price objective on shares of Ventas from $71.00 to $68.00 and set an “outperform” rating for the company in a research report on Thursday, December 5th. Finally, Robert W. Baird upgraded shares of Ventas from a “neutral” rating to an “outperform” rating and reduced their target price for the stock from $66.00 to $65.00 in a report on Friday. Two equities research analysts have rated the stock with a hold rating, seven have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $67.13.

Insider Transactions at Ventas

In other Ventas news, CEO Debra A. Cafaro sold 121,248 shares of the company’s stock in a transaction on Tuesday, October 29th. The shares were sold at an average price of $66.17, for a total transaction of $8,022,980.16. Following the completion of the transaction, the chief executive officer now directly owns 986,717 shares in the company, valued at approximately $65,291,063.89. This represents a 10.94 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.00% of the company’s stock.

Ventas Price Performance

Shares of VTR opened at $58.85 on Friday. The business’s 50-day moving average is $60.75 and its two-hundred day moving average is $60.41. Ventas, Inc. has a fifty-two week low of $41.45 and a fifty-two week high of $67.61. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.39.

Ventas Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, January 16th. Stockholders of record on Tuesday, December 31st were paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 3.06%. The ex-dividend date was Tuesday, December 31st. 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.