Tandem Capital Management Corp ADV Buys 10,620 Shares of Ventas, Inc. (NYSE:VTR)

Tandem Capital Management Corp ADV boosted its position in Ventas, Inc. (NYSE:VTR) by 62.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 27,730 shares of the real estate investment trust’s stock after purchasing an additional 10,620 shares during the period. Tandem Capital Management Corp ADV’s holdings in Ventas were worth $1,778,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in VTR. First Community Trust NA bought a new stake in shares of Ventas during the second quarter worth $25,000. ORG Partners LLC bought a new stake in shares of Ventas during the second quarter valued at approximately $27,000. EdgeRock Capital LLC bought a new position in Ventas in the second quarter worth approximately $41,000. Global X Japan Co. Ltd. purchased a new position in Ventas during the 3rd quarter worth $48,000. Finally, Friedenthal Financial bought a new stake in Ventas during the 2nd quarter valued at $51,000. Institutional investors own 94.18% of the company’s stock.

Insider Transactions at Ventas

In related news, CEO Debra A. Cafaro sold 40,079 shares of the stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $57.29, for a total value of $2,296,125.91. Following the transaction, the chief executive officer now directly owns 986,717 shares of the company’s stock, valued at $56,529,016.93. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In other news, CEO Debra A. Cafaro sold 40,079 shares of the firm’s stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of $57.29, for a total transaction of $2,296,125.91. Following the transaction, the chief executive officer now directly owns 986,717 shares in the company, valued at approximately $56,529,016.93. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Debra A. Cafaro sold 6,827 shares of the stock in a transaction on Thursday, September 5th. The stock was sold at an average price of $63.20, for a total transaction of $431,466.40. Following the sale, the chief executive officer now owns 986,717 shares of the company’s stock, valued at approximately $62,360,514.40. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 77,065 shares of company stock valued at $4,526,464. Insiders own 1.00% of the company’s stock.

Ventas Trading Down 0.1 %

Shares of NYSE VTR traded down $0.06 during mid-day trading on Friday, reaching $65.90. 62,952 shares of the company’s stock were exchanged, compared to its average volume of 2,371,877. The company’s 50-day moving average is $62.77 and its 200-day moving average is $54.31. Ventas, Inc. has a 52-week low of $40.98 and a 52-week high of $66.22. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.58 and a current ratio of 0.58. The firm has a market capitalization of $27.23 billion, a price-to-earnings ratio of -164.90, a PEG ratio of 2.87 and a beta of 1.36.

Ventas (NYSE:VTR) last released its quarterly earnings results on Thursday, August 1st. The real estate investment trust reported $0.05 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.74). The firm had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.19 billion. Ventas had a negative return on equity of 1.63% and a negative net margin of 3.33%. The company’s quarterly revenue was up 8.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.75 earnings per share. Analysts expect that Ventas, Inc. will post 3.18 EPS for the current fiscal year.

Ventas Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 17th. Shareholders of record on Tuesday, October 1st were issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 2.73%. The ex-dividend date of this dividend was Tuesday, October 1st. Ventas’s dividend payout ratio (DPR) is presently -449.99%.

Analysts Set New Price Targets

VTR has been the subject of several research reports. Wells Fargo & Company raised shares of Ventas from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $61.00 to $71.00 in a research report on Tuesday, October 1st. Royal Bank of Canada lifted their price target on shares of Ventas from $52.00 to $63.00 and gave the stock an “outperform” rating in a report on Friday, August 9th. StockNews.com lowered shares of Ventas from a “hold” rating to a “sell” rating in a report on Monday. Evercore ISI boosted their price target on Ventas from $64.00 to $70.00 and gave the company an “outperform” rating in a research note on Monday, September 16th. Finally, Scotiabank upped their target price on Ventas from $59.00 to $65.00 and gave the company a “sector perform” rating in a research report on Friday, October 11th. One research analyst has rated the stock with a sell rating, one has given a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Ventas presently has an average rating of “Moderate Buy” and a consensus target price of $63.63.

Ventas 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.