Tower Research Capital LLC TRC Acquires 38,675 Shares of Ventas, Inc. (NYSE:VTR)

Tower Research Capital LLC TRC grew its holdings in Ventas, Inc. (NYSE:VTRFree Report) by 169.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 61,515 shares of the real estate investment trust’s stock after acquiring an additional 38,675 shares during the quarter. Tower Research Capital LLC TRC’s holdings in Ventas were worth $3,066,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the business. Bruce G. Allen Investments LLC bought a new position in shares of Ventas during the fourth quarter worth about $25,000. Manchester Capital Management LLC grew its holdings in shares of Ventas by 77.9% during the fourth quarter. Manchester Capital Management LLC now owns 514 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 225 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in shares of Ventas by 151.1% during the third quarter. Jones Financial Companies Lllp now owns 796 shares of the real estate investment trust’s stock worth $34,000 after buying an additional 479 shares in the last quarter. Gradient Investments LLC grew its holdings in shares of Ventas by 82.7% during the fourth quarter. Gradient Investments LLC now owns 718 shares of the real estate investment trust’s stock worth $36,000 after buying an additional 325 shares in the last quarter. Finally, EdgeRock Capital LLC bought a new position in shares of Ventas during the fourth quarter worth about $37,000. 94.18% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Ventas news, Director Walter C. Rakowich sold 2,145 shares of the firm’s stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $48.40, for a total transaction of $103,818.00. Following the transaction, the director now owns 26,031 shares in the company, valued at approximately $1,259,900.40. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In other Ventas news, CAO Gregory R. Liebbe sold 14,625 shares of the firm’s stock in a transaction 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 owns 12,524 shares in the company, valued at approximately $597,394.80. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Walter C. Rakowich sold 2,145 shares of the firm’s stock in a transaction 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 approximately $1,259,900.40. The disclosure for this sale can be found here. In the last ninety days, insiders sold 35,270 shares of company stock valued at $1,672,966. Insiders own 1.00% of the company’s stock.

Ventas Stock Performance

NYSE:VTR opened at $49.70 on Friday. The stock has a market cap of $20.12 billion, a P/E ratio of -261.57, a PEG ratio of 2.58 and a beta of 1.33. The stock has a 50 day simple moving average of $45.91 and a 200 day simple moving average of $46.07. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 1.43. Ventas, Inc. has a 1-year low of $39.33 and a 1-year high of $50.99.

Ventas Dividend Announcement

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

Analysts Set New Price Targets

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

Read Our Latest Stock Analysis on Ventas

About Ventas

(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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