Gulf International Bank UK Ltd Sells 1,225 Shares of Ventas, Inc. (NYSE:VTR)

Gulf International Bank UK Ltd cut its position in shares of Ventas, Inc. (NYSE:VTR) by 3.7% during the 3rd quarter, HoldingsChannel reports. The firm owned 31,612 shares of the real estate investment trust’s stock after selling 1,225 shares during the period. Gulf International Bank UK Ltd’s holdings in Ventas were worth $2,027,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VTR. Catalyst Capital Advisors LLC bought a new stake in shares of Ventas during the 3rd quarter valued at $2,098,000. Impax Asset Management Group plc grew its holdings in Ventas by 160.5% in the third quarter. Impax Asset Management Group plc now owns 43,814 shares of the real estate investment trust’s stock worth $2,810,000 after purchasing an additional 26,994 shares during the period. QRG Capital Management Inc. grew its holdings in Ventas by 5.7% in the third quarter. QRG Capital Management Inc. now owns 29,149 shares of the real estate investment trust’s stock worth $1,869,000 after purchasing an additional 1,568 shares during the period. Asset Management One Co. Ltd. increased its stake in shares of Ventas by 1.1% during the third quarter. Asset Management One Co. Ltd. now owns 752,172 shares of the real estate investment trust’s stock valued at $48,237,000 after purchasing an additional 7,932 shares in the last quarter. Finally, National Pension Service lifted its holdings in shares of Ventas by 2.9% during the third quarter. National Pension Service now owns 616,526 shares of the real estate investment trust’s stock valued at $39,538,000 after purchasing an additional 17,199 shares during the last quarter. 94.18% of the stock is owned by hedge funds and other institutional investors.

Ventas Price Performance

Shares of VTR opened at $63.22 on Thursday. The firm has a fifty day simple moving average of $63.91 and a two-hundred day simple moving average of $55.86. The firm has a market cap of $26.51 billion, a PE ratio of -371.86, a P/E/G ratio of 2.86 and a beta of 1.36. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.39. Ventas, Inc. has a 1-year low of $41.45 and a 1-year high of $67.61.

Ventas Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 17th. Shareholders of record on Tuesday, October 1st were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 2.85%. The ex-dividend date of this dividend was Tuesday, October 1st. Ventas’s dividend payout ratio is -1,058.76%.

Insiders Place Their Bets

In other news, CEO Debra A. Cafaro sold 6,827 shares of the stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of $63.20, for a total value of $431,466.40. Following the transaction, the chief executive officer now owns 986,717 shares in the company, valued at $62,360,514.40. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other Ventas news, CEO Debra A. Cafaro sold 6,827 shares of the stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of $63.20, for a total value of $431,466.40. Following the transaction, the chief executive officer now directly owns 986,717 shares in the company, valued at approximately $62,360,514.40. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Peter J. Bulgarelli sold 6,000 shares of the company’s stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $64.99, for a total value of $389,940.00. Following the completion of the sale, the chief executive officer now owns 90,795 shares of the company’s stock, valued at $5,900,767.05. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 140,454 shares of company stock valued at $9,263,815. Insiders own 1.00% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently weighed in on VTR shares. Scotiabank upped their price target on Ventas from $59.00 to $65.00 and gave the stock a “sector perform” rating in a research note on Friday, October 11th. Royal Bank of Canada raised their price target on Ventas from $52.00 to $63.00 and gave the company an “outperform” rating in a report on Friday, August 9th. Wolfe Research upgraded shares of Ventas to a “strong-buy” rating in a research note on Friday, August 9th. Wells Fargo & Company upgraded shares of Ventas from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $61.00 to $71.00 in a research note on Tuesday, October 1st. Finally, StockNews.com upgraded shares of Ventas from a “sell” rating to a “hold” rating in a report on Friday, November 1st. Two investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $63.63.

About Ventas

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.