Sanibel Captiva Trust Company Inc. Decreases Stake in Ventas, Inc. (NYSE:VTR)

Sanibel Captiva Trust Company Inc. reduced its holdings in shares of Ventas, Inc. (NYSE:VTR) by 5.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 16,194 shares of the real estate investment trust’s stock after selling 885 shares during the quarter. Sanibel Captiva Trust Company Inc.’s holdings in Ventas were worth $1,039,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Profund Advisors LLC boosted its stake in Ventas by 3.3% during the second quarter. Profund Advisors LLC now owns 6,270 shares of the real estate investment trust’s stock valued at $321,000 after buying an additional 199 shares in the last quarter. Bessemer Group Inc. grew its holdings in shares of Ventas by 4.6% during the 1st quarter. Bessemer Group Inc. now owns 5,292 shares of the real estate investment trust’s stock worth $230,000 after purchasing an additional 234 shares in the last quarter. QRG Capital Management Inc. grew its position in Ventas by 1.1% in the first quarter. QRG Capital Management Inc. now owns 24,383 shares of the real estate investment trust’s stock valued at $1,062,000 after acquiring an additional 258 shares during the period. Dakota Wealth Management boosted its stake in Ventas by 1.0% in the second quarter. Dakota Wealth Management now owns 33,717 shares of the real estate investment trust’s stock worth $1,728,000 after purchasing an additional 322 shares in the last quarter. Finally, Czech National Bank lifted its stake in shares of Ventas by 0.5% during the first quarter. Czech National Bank now owns 70,799 shares of the real estate investment trust’s stock valued at $3,083,000 after acquiring an additional 325 shares during the period. 94.18% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO Peter J. Bulgarelli sold 3,784 shares of the company’s stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $55.24, for a total transaction of $209,028.16. Following the transaction, the chief executive officer now directly owns 104,295 shares in the company, valued at approximately $5,761,255.80. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other Ventas news, CEO Debra A. Cafaro sold 40,079 shares of the firm’s stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of $57.29, for a total value of $2,296,125.91. Following the completion of the sale, the chief executive officer now directly owns 986,717 shares in the company, valued at $56,529,016.93. This trade represents a 0.00 % 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 Peter J. Bulgarelli sold 3,784 shares of the firm’s stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $55.24, for a total transaction of $209,028.16. Following the completion of the sale, the chief executive officer now owns 104,295 shares of the company’s stock, valued at approximately $5,761,255.80. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 77,065 shares of company stock worth $4,526,464. 1.00% of the stock is currently owned by corporate insiders.

Ventas Price Performance

Shares of VTR opened at $61.57 on Friday. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.58 and a current ratio of 0.58. Ventas, Inc. has a one year low of $40.98 and a one year high of $65.64. The company has a 50-day simple moving average of $61.46 and a two-hundred day simple moving average of $52.83.

Ventas (NYSE:VTR) last posted its earnings results on Thursday, August 1st. The real estate investment trust reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.74). Ventas had a negative return on equity of 1.63% and a negative net margin of 3.33%. The company had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.19 billion. During the same period last year, the firm posted $0.75 EPS. The company’s revenue for the quarter was up 8.6% on a year-over-year basis. Research analysts anticipate that Ventas, Inc. will post 3.18 earnings per share for the current fiscal year.

Ventas Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 17th. Stockholders of record on Tuesday, October 1st will be given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 2.92%. The ex-dividend date of this dividend is Tuesday, October 1st. Ventas’s dividend payout ratio is -449.99%.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. Wedbush increased their price target on Ventas from $64.00 to $71.00 and gave the stock an “outperform” rating in a report on Tuesday, September 10th. Scotiabank raised their price objective on Ventas from $55.00 to $59.00 and gave the stock a “sector perform” rating in a research note on Wednesday, August 7th. StockNews.com upgraded Ventas from a “sell” rating to a “hold” rating in a research note on Wednesday, July 10th. Wells Fargo & Company upgraded Ventas from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $61.00 to $71.00 in a research report on Tuesday, October 1st. Finally, Evercore ISI boosted their price objective on Ventas from $64.00 to $70.00 and gave the company an “outperform” rating in a research note on Monday, September 16th. Two analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $61.11.

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.