Goldman Sachs Group Inc. Has $176.62 Million Stock Holdings in Ventas, Inc. (NYSE:VTR)

Goldman Sachs Group Inc. lowered its position in Ventas, Inc. (NYSE:VTRFree Report) by 13.4% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 3,543,710 shares of the real estate investment trust’s stock after selling 548,496 shares during the period. Goldman Sachs Group Inc. owned 0.88% of Ventas worth $176,619,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Rafferty Asset Management LLC lifted its position in shares of Ventas by 20.0% in the 4th quarter. Rafferty Asset Management LLC now owns 53,964 shares of the real estate investment trust’s stock worth $2,690,000 after purchasing an additional 9,010 shares during the period. NEOS Investment Management LLC acquired a new position in shares of Ventas in the 4th quarter worth approximately $276,000. The Manufacturers Life Insurance Company lifted its position in shares of Ventas by 6.7% in the 4th quarter. The Manufacturers Life Insurance Company now owns 334,730 shares of the real estate investment trust’s stock worth $16,683,000 after purchasing an additional 21,112 shares during the period. Jones Financial Companies Lllp lifted its position in shares of Ventas by 166.8% in the 4th quarter. Jones Financial Companies Lllp now owns 2,124 shares of the real estate investment trust’s stock worth $106,000 after purchasing an additional 1,328 shares during the period. Finally, KBC Group NV lifted its position in shares of Ventas by 88.8% during the 4th quarter. KBC Group NV now owns 121,057 shares of the real estate investment trust’s stock valued at $6,033,000 after acquiring an additional 56,930 shares during the period. Institutional investors and hedge funds own 94.18% of the company’s stock.

Ventas Trading Down 0.3 %

NYSE VTR opened at $49.70 on Friday. Ventas, Inc. has a 1 year low of $39.33 and a 1 year high of $50.99. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 1.43. The company has a fifty day moving average price of $45.91 and a 200-day moving average price of $46.07.

Ventas Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 18th. Stockholders of record on Monday, July 1st will be paid a $0.45 dividend. The ex-dividend date of this dividend is Monday, July 1st. This represents a $1.80 annualized dividend and a dividend yield of 3.62%. Ventas’s payout ratio is -947.32%.

Wall Street Analysts Forecast Growth

VTR has been the topic of a number of research reports. Wells Fargo & Company boosted their target price on shares of Ventas from $46.00 to $49.00 and gave the company an “equal weight” rating in a research report on Thursday, May 30th. Scotiabank boosted their target price on shares of Ventas from $47.00 to $51.00 and gave the company a “sector perform” rating in a research report on Thursday, May 16th. Evercore ISI upgraded shares of Ventas from an “in-line” rating to an “outperform” rating and set a $50.00 target price on the stock in a research report on Monday, March 18th. Finally, StockNews.com downgraded shares of Ventas from a “hold” rating to a “sell” rating in a research report on Tuesday, February 13th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $51.46.

Read Our Latest Stock Report on VTR

Insider Transactions at Ventas

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. In related news, Director Walter C. Rakowich sold 2,145 shares of the business’s stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $48.40, for a total value of $103,818.00. Following the transaction, the director now directly owns 26,031 shares of the company’s stock, valued at approximately $1,259,900.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Gregory R. Liebbe sold 14,625 shares of the business’s stock in a transaction dated 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 directly owns 12,524 shares in the company, valued at $597,394.80. The disclosure for this sale can be found here. Insiders sold a total of 35,270 shares of company stock worth $1,672,966 in the last quarter. 1.00% of the stock is currently owned by corporate insiders.

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.

See Also

Institutional Ownership by Quarter for Ventas (NYSE:VTR)

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