Toronto Dominion Bank Has $13.17 Million Stake in Ventas, Inc. (NYSE:VTR)

Toronto Dominion Bank boosted its holdings in Ventas, Inc. (NYSE:VTR) by 10.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 223,711 shares of the real estate investment trust’s stock after purchasing an additional 20,746 shares during the period. Toronto Dominion Bank owned about 0.05% of Ventas worth $13,174,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VTR. Promus Capital LLC acquired a new position in shares of Ventas during the 4th quarter worth about $38,000. New Wave Wealth Advisors LLC acquired a new position in Ventas during the fourth quarter valued at approximately $41,000. SRS Capital Advisors Inc. grew its stake in Ventas by 1,039.4% in the fourth quarter. SRS Capital Advisors Inc. now owns 809 shares of the real estate investment trust’s stock valued at $48,000 after purchasing an additional 738 shares in the last quarter. Transce3nd LLC acquired a new position in shares of Ventas during the 4th quarter worth approximately $48,000. Finally, Quarry LP acquired a new position in shares of Ventas during the 4th quarter worth approximately $66,000. 94.18% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

VTR has been the subject of several analyst reports. Wells Fargo & Company raised their target price on shares of Ventas from $72.00 to $77.00 and gave the company an “overweight” rating in a research note on Monday, March 10th. Morgan Stanley lifted their price objective on shares of Ventas from $65.00 to $70.00 and gave the company an “equal weight” rating in a research report on Tuesday, March 11th. Mizuho boosted their price objective on shares of Ventas from $68.00 to $75.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 18th. Wedbush raised their target price on shares of Ventas from $69.00 to $78.00 and gave the company an “outperform” rating in a research note on Friday, February 14th. Finally, Scotiabank lifted their price target on Ventas from $69.00 to $72.00 and gave the stock a “sector perform” rating in a report on Friday, February 28th. Four research 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. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $73.00.

Ventas Stock Down 0.8%

Shares of VTR opened at $64.99 on Wednesday. The firm has a market cap of $29.33 billion, a P/E ratio of 342.07, a price-to-earnings-growth ratio of 2.59 and a beta of 0.95. 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, Inc. has a 52 week low of $46.66 and a 52 week high of $71.36. The firm’s 50-day simple moving average is $66.92 and its 200 day simple moving average is $63.94.

Ventas (NYSE:VTR) last issued its quarterly earnings data on Wednesday, April 30th. The real estate investment trust reported $0.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.82 by $0.02. The company had revenue of $1.36 billion during the quarter, compared to analysts’ expectations of $1.32 billion. Ventas had a return on equity of 0.82% and a net margin of 1.65%. The business’s revenue was up 13.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.78 earnings per share. On average, analysts forecast that Ventas, Inc. will post 3.4 earnings per share for the current year.

Ventas Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 17th. Shareholders of record on Monday, June 30th will be issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 2.95%. The ex-dividend date of this dividend is Monday, June 30th. Ventas’s dividend payout ratio is 581.82%.

Insiders Place Their Bets

In related news, CEO Debra A. Cafaro sold 388 shares of the business’s stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $71.00, for a total value of $27,548.00. Following the completion of the sale, the chief executive officer now directly owns 1,128,143 shares in the company, valued at approximately $80,098,153. The trade was a 0.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Walter C. Rakowich sold 1,459 shares of the firm’s stock in a transaction on Wednesday, May 14th. The stock was sold at an average price of $63.76, for a total value of $93,025.84. Following the transaction, the director now owns 27,454 shares in the company, valued at approximately $1,750,467.04. This trade represents a 5.05% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 311,481 shares of company stock worth $21,385,983 in the last 90 days. Company insiders own 1.00% of the company’s stock.

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.