OMERS ADMINISTRATION Corp Buys 2,883 Shares of Ventas, Inc. (NYSE:VTR)

OMERS ADMINISTRATION Corp boosted its stake in Ventas, Inc. (NYSE:VTR) by 20.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,869 shares of the real estate investment trust’s stock after acquiring an additional 2,883 shares during the quarter. OMERS ADMINISTRATION Corp’s holdings in Ventas were worth $993,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Promus Capital LLC bought a new stake in Ventas in the 4th quarter valued at $38,000. New Wave Wealth Advisors LLC bought a new stake in Ventas in the 4th quarter valued at $41,000. SRS Capital Advisors Inc. lifted its position in Ventas by 1,039.4% in the 4th quarter. SRS Capital Advisors Inc. now owns 809 shares of the real estate investment trust’s stock valued at $48,000 after acquiring an additional 738 shares in the last quarter. Transce3nd LLC bought a new stake in Ventas in the 4th quarter valued at $48,000. Finally, Quarry LP bought a new stake in Ventas in the 4th quarter valued at $66,000. 94.18% of the stock is owned by institutional investors.

Ventas Stock Up 1.5%

Shares of VTR opened at $65.78 on Friday. Ventas, Inc. has a 52 week low of $46.66 and a 52 week high of $71.36. The firm has a market cap of $29.69 billion, a P/E ratio of 346.24, a price-to-earnings-growth ratio of 2.59 and a beta of 0.95. The firm’s 50-day simple moving average is $66.96 and its 200 day simple moving average is $63.94. 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 announced its quarterly earnings results on Wednesday, April 30th. The real estate investment trust reported $0.84 EPS for the quarter, beating analysts’ consensus estimates of $0.82 by $0.02. Ventas had a net margin of 1.65% and a return on equity of 0.82%. The business had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.32 billion. During the same quarter in the prior year, the business earned $0.78 EPS. Ventas’s quarterly revenue was up 13.2% on a year-over-year basis. On average, analysts forecast that Ventas, Inc. will post 3.4 earnings per share for the current year.

Ventas Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 17th. Investors of record on Monday, June 30th will be paid a $0.48 dividend. The ex-dividend date is Monday, June 30th. This represents a $1.92 dividend on an annualized basis and a yield of 2.92%. Ventas’s dividend payout ratio (DPR) is currently 581.82%.

Analyst Ratings Changes

Several brokerages have commented on VTR. Scotiabank boosted their price target on shares of Ventas from $69.00 to $72.00 and gave the stock a “sector perform” rating in a research report on Friday, February 28th. Wedbush boosted their price target on shares of Ventas from $69.00 to $78.00 and gave the stock an “outperform” rating in a research report on Friday, February 14th. Argus set a $75.00 price target on shares of Ventas in a research report on Friday, March 7th. Royal Bank of Canada boosted their price target on shares of Ventas from $74.00 to $75.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 7th. Finally, JPMorgan Chase & Co. boosted their price target 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. Four research analysts have rated the stock with a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $73.00.

Insider Activity at Ventas

In other Ventas news, Director Walter C. Rakowich sold 1,459 shares of the business’s stock in a transaction dated Wednesday, May 14th. The shares were sold at an average price of $63.76, for a total value of $93,025.84. Following the completion of the sale, the director now owns 27,454 shares of the company’s stock, valued at $1,750,467.04. The trade was a 5.05% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Debra A. Cafaro sold 214,679 shares of the business’s stock in a transaction dated 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 directly owns 1,138,143 shares of the company’s stock, valued at $77,644,115.46. This represents a 15.87% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 311,481 shares of company stock worth $21,385,983. Insiders own 0.80% 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.