CreativeOne Wealth LLC Sells 293 Shares of Ventas, Inc. (NYSE:VTR)

CreativeOne Wealth LLC trimmed its stake in Ventas, Inc. (NYSE:VTR) by 5.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,749 shares of the real estate investment trust’s stock after selling 293 shares during the period. CreativeOne Wealth LLC’s holdings in Ventas were worth $237,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. FMR LLC boosted its stake in shares of Ventas by 7.1% during the 3rd quarter. FMR LLC now owns 22,246,452 shares of the real estate investment trust’s stock worth $937,243,000 after purchasing an additional 1,483,908 shares during the period. Principal Financial Group Inc. boosted its position in shares of Ventas by 0.6% during the fourth quarter. Principal Financial Group Inc. now owns 19,812,595 shares of the real estate investment trust’s stock valued at $987,460,000 after buying an additional 120,614 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Ventas by 0.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 5,864,001 shares of the real estate investment trust’s stock valued at $292,273,000 after buying an additional 19,643 shares during the period. Legal & General Group Plc grew its stake in shares of Ventas by 3.2% during the third quarter. Legal & General Group Plc now owns 5,575,523 shares of the real estate investment trust’s stock valued at $234,897,000 after buying an additional 173,415 shares during the last quarter. Finally, Northern Trust Corp raised its holdings in shares of Ventas by 1.7% in the third quarter. Northern Trust Corp now owns 5,321,475 shares of the real estate investment trust’s stock worth $224,194,000 after buying an additional 88,489 shares during the period. 94.18% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on VTR shares. Evercore ISI upgraded Ventas from an “in-line” rating to an “outperform” rating and set a $50.00 price objective for the company in a report on Monday, March 18th. StockNews.com cut shares of Ventas from a “hold” rating to a “sell” rating in a report on Tuesday, February 13th. Wells Fargo & Company reiterated an “equal weight” rating and set a $46.00 price objective (down previously from $52.00) on shares of Ventas in a report on Monday, February 26th. Deutsche Bank Aktiengesellschaft started coverage on shares of Ventas in a research report on Tuesday, January 30th. They issued a “buy” rating and a $60.00 price objective for the company. Finally, Scotiabank raised their target price on shares of Ventas from $47.00 to $51.00 and gave the stock a “sector perform” rating in a research report on Thursday, May 16th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $51.23.

Insider Buying and Selling at Ventas

In related news, Director Walter C. Rakowich sold 2,145 shares of the stock in a transaction that occurred 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 transaction, the director now owns 26,031 shares in the company, valued at approximately $1,259,900.40. The sale was disclosed in a filing with the SEC, which is available through this link. In other news, CAO Gregory R. Liebbe sold 14,625 shares of the stock in a transaction that occurred 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Walter C. Rakowich sold 2,145 shares of the business’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 completion of the sale, the director now directly owns 26,031 shares of the company’s stock, valued at approximately $1,259,900.40. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 35,270 shares of company stock worth $1,672,966. 1.00% of the stock is currently owned by insiders.

Ventas Price Performance

Shares of NYSE VTR opened at $47.50 on Friday. The company has a market cap of $19.23 billion, a PE ratio of -249.99, a P/E/G ratio of 2.47 and a beta of 1.25. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.63 and a current ratio of 0.63. The business has a 50-day simple moving average of $44.75 and a two-hundred day simple moving average of $45.72. Ventas, Inc. has a fifty-two week low of $39.33 and a fifty-two week high of $50.99.

Ventas Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 18th. Investors of record on Monday, July 1st will be paid a $0.45 dividend. The ex-dividend date is Monday, July 1st. This represents a $1.80 dividend on an annualized basis and a yield of 3.79%. Ventas’s dividend payout ratio (DPR) is -947.32%.

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.