Entropy Technologies LP Has $3.05 Million Stake in Ventas, Inc. (NYSE:VTR)

Entropy Technologies LP increased its stake in shares of Ventas, Inc. (NYSE:VTR) by 59.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,582 shares of the real estate investment trust’s stock after buying an additional 17,754 shares during the quarter. Entropy Technologies LP’s holdings in Ventas were worth $3,051,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in VTR. Centersquare Investment Management LLC grew its holdings in shares of Ventas by 11.5% during the 1st quarter. Centersquare Investment Management LLC now owns 7,806,396 shares of the real estate investment trust’s stock worth $345,667,000 after purchasing an additional 802,546 shares in the last quarter. Intech Investment Management LLC bought a new position in Ventas in the 1st quarter valued at about $819,000. Zurich Insurance Group Ltd FI acquired a new position in shares of Ventas in the 1st quarter valued at approximately $11,749,000. BDF Gestion bought a new stake in shares of Ventas during the 2nd quarter worth approximately $3,716,000. Finally, Friedenthal Financial boosted its position in shares of Ventas by 1,183.7% during the 3rd quarter. Friedenthal Financial now owns 12,773 shares of the real estate investment trust’s stock worth $819,000 after acquiring an additional 11,778 shares in the last quarter. Institutional investors own 94.18% of the company’s stock.

Analysts Set New Price Targets

VTR has been the subject of several research analyst reports. Wells Fargo & Company upgraded shares of Ventas from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $61.00 to $71.00 in a research report on Tuesday, October 1st. Royal Bank of Canada lifted their price target on shares of Ventas from $52.00 to $63.00 and gave the company an “outperform” rating in a report on Friday, August 9th. Scotiabank upped their price objective on shares of Ventas from $59.00 to $65.00 and gave the stock a “sector perform” rating in a research report on Friday, October 11th. StockNews.com upgraded shares of Ventas from a “sell” rating to a “hold” rating in a research report on Friday, November 1st. Finally, Wedbush upped their price target on shares of Ventas from $64.00 to $71.00 and gave the stock an “outperform” rating in a report on Tuesday, September 10th. Two equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Ventas currently has a consensus rating of “Moderate Buy” and an average price target of $63.63.

Ventas Stock Down 0.5 %

Shares of NYSE:VTR opened at $64.84 on Tuesday. The business has a fifty day simple moving average of $64.04 and a 200 day simple moving average of $56.25. Ventas, Inc. has a 12-month low of $41.45 and a 12-month high of $67.61. The firm has a market cap of $27.19 billion, a P/E ratio of -381.41, a P/E/G ratio of 2.89 and a beta of 1.36. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.39.

Ventas Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 17th. Investors of record on Tuesday, October 1st were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 2.78%. The ex-dividend date of this dividend was Tuesday, October 1st. Ventas’s payout ratio is presently -1,058.82%.

Insider Buying and Selling at Ventas

In other news, CEO Debra A. Cafaro sold 121,248 shares of the business’s stock in a transaction that occurred on Tuesday, October 29th. The shares were sold at an average price of $66.17, for a total value of $8,022,980.16. Following the transaction, the chief executive officer now owns 986,717 shares in the company, valued at approximately $65,291,063.89. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, CEO Peter J. Bulgarelli sold 6,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $64.99, for a total transaction of $389,940.00. Following the completion of the sale, the chief executive officer now owns 90,795 shares of the company’s stock, valued at $5,900,767.05. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Debra A. Cafaro sold 121,248 shares of the business’s stock in a transaction that occurred on Tuesday, October 29th. The shares were sold at an average price of $66.17, for a total value of $8,022,980.16. Following the completion of the transaction, the chief executive officer now directly owns 986,717 shares in the company, valued at approximately $65,291,063.89. 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 90 days, insiders sold 140,454 shares of company stock valued at $9,263,815. 1.00% of the stock is currently owned by company insiders.

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.