ABN AMRO Bank N.V. Acquires New Shares in Ventas, Inc. $VTR

ABN AMRO Bank N.V. acquired a new position in Ventas, Inc. (NYSE:VTR) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 114,580 shares of the real estate investment trust’s stock, valued at approximately $7,958,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cloud Capital Management LLC purchased a new position in shares of Ventas during the 3rd quarter worth $25,000. True Wealth Design LLC lifted its position in Ventas by 1,557.7% in the third quarter. True Wealth Design LLC now owns 431 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 405 shares during the last quarter. ORG Partners LLC boosted its stake in Ventas by 76.1% during the third quarter. ORG Partners LLC now owns 456 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 197 shares during the period. Wilmington Savings Fund Society FSB increased its position in shares of Ventas by 65.5% during the third quarter. Wilmington Savings Fund Society FSB now owns 455 shares of the real estate investment trust’s stock valued at $32,000 after acquiring an additional 180 shares during the last quarter. Finally, Ameritas Advisory Services LLC purchased a new stake in shares of Ventas in the 2nd quarter valued at approximately $33,000. Hedge funds and other institutional investors own 94.18% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Jefferies Financial Group reaffirmed a “buy” rating and set a $93.00 price objective on shares of Ventas in a research report on Monday, December 15th. The Goldman Sachs Group initiated coverage on Ventas in a research report on Friday, January 9th. They set a “buy” rating and a $94.00 price target for the company. Cantor Fitzgerald reiterated an “overweight” rating and issued a $93.00 price objective on shares of Ventas in a report on Monday, January 5th. Wells Fargo & Company increased their target price on Ventas from $80.00 to $88.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 25th. Finally, Weiss Ratings raised Ventas from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, December 29th. Fourteen equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $81.63.

Ventas Stock Down 0.0%

Shares of NYSE VTR opened at $77.67 on Thursday. The stock has a market cap of $36.48 billion, a P/E ratio of 149.37, a PEG ratio of 1.94 and a beta of 0.77. The business’s fifty day simple moving average is $78.09 and its 200-day simple moving average is $73.04. Ventas, Inc. has a 12-month low of $58.72 and a 12-month high of $81.89. The company has a current ratio of 0.32, a quick ratio of 0.32 and a debt-to-equity ratio of 1.01.

Ventas Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were given a dividend of $0.48 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.5%. Ventas’s payout ratio is currently 369.23%.

Insider Buying and Selling

In other Ventas news, CFO Robert F. Probst sold 29,930 shares of the stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $77.25, for a total value of $2,312,092.50. Following the sale, the chief financial officer directly owned 138,434 shares of the company’s stock, valued at approximately $10,694,026.50. This represents a 17.78% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Peter J. Bulgarelli sold 2,229 shares of the firm’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $80.08, for a total transaction of $178,498.32. Following the completion of the sale, the chief executive officer owned 106,488 shares in the company, valued at $8,527,559.04. The trade was a 2.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 130,499 shares of company stock worth $10,155,831. Company insiders own 0.80% of the company’s stock.

Ventas Company Profile

Ventas, Inc (NYSE: VTR) is a real estate investment trust (REIT) that specializes in healthcare-related real estate. The company acquires, owns and manages a diversified portfolio of properties serving the healthcare continuum, including senior housing communities, skilled nursing facilities, medical office buildings, life science and research centers, and other properties leased to healthcare providers and operators. Ventas generates revenue through long-term leases, property management and selective development activities focused on meeting the real estate needs of the healthcare sector.

Ventas’ business model combines property ownership with active asset management and capital markets activity.