Glenview Trust co Sells 1,400 Shares of Ventas, Inc. (NYSE:VTR)

Glenview Trust co decreased its holdings in Ventas, Inc. (NYSE:VTR) by 23.0% in the fourth quarter, Holdings Channel reports. The fund owned 4,693 shares of the real estate investment trust’s stock after selling 1,400 shares during the quarter. Glenview Trust co’s holdings in Ventas were worth $276,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Healthcare of Ontario Pension Plan Trust Fund lifted its holdings in shares of Ventas by 7.9% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 332,300 shares of the real estate investment trust’s stock valued at $21,310,000 after acquiring an additional 24,300 shares during the last quarter. Northwest & Ethical Investments L.P. lifted its holdings in shares of Ventas by 480.7% in the 3rd quarter. Northwest & Ethical Investments L.P. now owns 26,214 shares of the real estate investment trust’s stock valued at $1,681,000 after acquiring an additional 21,700 shares during the last quarter. Presima Securities ULC lifted its holdings in shares of Ventas by 38.0% in the 4th quarter. Presima Securities ULC now owns 439,942 shares of the real estate investment trust’s stock valued at $25,908,000 after acquiring an additional 121,193 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in Ventas by 5.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 4,904,078 shares of the real estate investment trust’s stock worth $314,499,000 after purchasing an additional 231,352 shares during the period. Finally, The Manufacturers Life Insurance Company raised its position in Ventas by 3.5% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 302,947 shares of the real estate investment trust’s stock worth $19,428,000 after purchasing an additional 10,134 shares during the period. Institutional investors own 94.18% of the company’s stock.

Insider Activity at Ventas

In other Ventas news, CAO Gregory R. Liebbe sold 3,866 shares of the firm’s stock in a transaction that occurred on Thursday, February 13th. The shares were sold at an average price of $63.00, for a total value of $243,558.00. Following the completion of the sale, the chief accounting officer now directly owns 11,371 shares in the company, valued at $716,373. This trade represents a 25.37 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Debra A. Cafaro sold 214,679 shares of the firm’s stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $68.22, for a total transaction of $14,645,401.38. Following the completion of the sale, the chief executive officer now owns 1,138,143 shares of the company’s stock, valued at approximately $77,644,115.46. This trade represents a 15.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 260,227 shares of company stock valued at $17,769,097 over the last ninety days. 1.00% of the stock is owned by company insiders.

Ventas Stock Performance

Shares of NYSE:VTR opened at $68.78 on Tuesday. The firm has a market cap of $30.07 billion, a PE ratio of 362.04, a price-to-earnings-growth ratio of 2.59 and a beta of 1.37. The firm’s 50 day simple moving average is $63.21 and its 200-day simple moving average is $62.96. Ventas, Inc. has a one year low of $41.45 and a one year high of $71.04. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.85 and a current ratio of 0.85.

Ventas (NYSE:VTR) last issued its quarterly earnings data on Wednesday, February 12th. The real estate investment trust reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.02) by $0.83. Ventas had a net margin of 1.65% and a return on equity of 0.82%. As a group, equities analysts predict that Ventas, Inc. will post 3.4 EPS for the current year.

Ventas Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Monday, March 31st will be issued a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 2.79%. This is a positive change from Ventas’s previous quarterly dividend of $0.45. The ex-dividend date is Monday, March 31st. Ventas’s dividend payout ratio (DPR) is presently 1,010.53%.

Analyst Ratings Changes

VTR has been the topic of a number of recent analyst reports. StockNews.com raised shares of Ventas from a “sell” rating to a “hold” rating in a research report on Friday, January 17th. JPMorgan Chase & Co. increased their price objective on shares of Ventas from $71.00 to $73.00 and gave the stock a “neutral” rating in a research report on Friday, March 7th. Mizuho reduced their price objective on shares of Ventas from $71.00 to $68.00 and set an “outperform” rating on the stock in a research report on Thursday, December 5th. Baird R W raised shares of Ventas from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 17th. Finally, Robert W. Baird raised shares of Ventas from a “neutral” rating to an “outperform” rating and reduced their price objective for the stock from $66.00 to $65.00 in a research report on Friday, January 17th. Four investment analysts have rated the stock with a hold rating, seven have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $72.20.

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.