Ventas, Inc. (NYSE:VTR) Shares Sold by Lake Street Private Wealth LLC

Lake Street Private Wealth LLC reduced its stake in shares of Ventas, Inc. (NYSE:VTR) by 12.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,950 shares of the real estate investment trust’s stock after selling 1,150 shares during the period. Lake Street Private Wealth LLC’s holdings in Ventas were worth $468,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in VTR. Signaturefd LLC grew its position in shares of Ventas by 2.1% during the third quarter. Signaturefd LLC now owns 8,120 shares of the real estate investment trust’s stock worth $521,000 after buying an additional 165 shares in the last quarter. Profund Advisors LLC lifted its stake in Ventas by 3.3% in the second quarter. Profund Advisors LLC now owns 6,270 shares of the real estate investment trust’s stock worth $321,000 after acquiring an additional 199 shares during the last quarter. Eastern Bank increased its position in shares of Ventas by 6.4% in the 4th quarter. Eastern Bank now owns 3,308 shares of the real estate investment trust’s stock valued at $195,000 after purchasing an additional 200 shares during the last quarter. Bleakley Financial Group LLC raised its holdings in shares of Ventas by 3.7% in the 3rd quarter. Bleakley Financial Group LLC now owns 5,639 shares of the real estate investment trust’s stock valued at $362,000 after purchasing an additional 203 shares in the last quarter. Finally, Harbor Capital Advisors Inc. lifted its position in shares of Ventas by 66.2% during the 4th quarter. Harbor Capital Advisors Inc. now owns 527 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 210 shares during the last quarter. Institutional investors and hedge funds own 94.18% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently commented on VTR shares. Mizuho dropped their target price on Ventas from $71.00 to $68.00 and set an “outperform” rating on the stock in a report on Thursday, December 5th. Robert W. Baird upgraded Ventas from a “neutral” rating to an “outperform” rating and decreased their target price for the stock from $66.00 to $65.00 in a research note on Friday. Baird R W upgraded shares of Ventas from a “hold” rating to a “strong-buy” rating in a research note on Friday. Scotiabank boosted their price objective on shares of Ventas from $59.00 to $65.00 and gave the stock a “sector perform” rating in a research report on Friday, October 11th. Finally, StockNews.com raised shares of Ventas from a “sell” rating to a “hold” rating in a research report on Friday. Two 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. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $67.13.

Insider Buying and Selling

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 owns 986,717 shares in the company, valued at approximately $65,291,063.89. This represents a 10.94 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.00% of the company’s stock.

Ventas Price Performance

Shares of VTR opened at $58.85 on Friday. The company has a market capitalization of $24.69 billion, a price-to-earnings ratio of -346.15, a price-to-earnings-growth ratio of 2.48 and a beta of 1.37. Ventas, Inc. has a fifty-two week low of $41.45 and a fifty-two week high of $67.61. The firm has a 50-day simple moving average of $60.75 and a 200-day simple moving average of $60.41. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.04 and a current ratio of 1.04.

Ventas Dividend Announcement

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