BNP PARIBAS ASSET MANAGEMENT Holding S.A. Has $12.85 Million Position in Ventas, Inc. (NYSE:VTR)

BNP PARIBAS ASSET MANAGEMENT Holding S.A. lessened its stake in Ventas, Inc. (NYSE:VTR) by 5.2% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 201,327 shares of the real estate investment trust’s stock after selling 11,118 shares during the quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A.’s holdings in Ventas were worth $12,853,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VTR. Zurich Insurance Group Ltd FI acquired a new position in shares of Ventas in the first quarter worth $11,749,000. BDF Gestion purchased a new stake in shares of Ventas during the 2nd quarter worth about $3,716,000. Friedenthal Financial lifted its holdings 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 valued at $819,000 after buying an additional 11,778 shares during the last quarter. Tandem Capital Management Corp ADV grew its stake in shares of Ventas by 62.1% in the 3rd quarter. Tandem Capital Management Corp ADV now owns 27,730 shares of the real estate investment trust’s stock valued at $1,778,000 after buying an additional 10,620 shares in the last quarter. Finally, Perpetual Ltd acquired a new position in Ventas in the third quarter worth approximately $544,000. Hedge funds and other institutional investors own 94.18% of the company’s stock.

Analyst Ratings Changes

VTR has been the subject of several recent research reports. Evercore ISI boosted their target price on shares of Ventas from $64.00 to $70.00 and gave the stock an “outperform” rating in a research report on Monday, September 16th. StockNews.com upgraded shares of Ventas from a “sell” rating to a “hold” rating in a report on Friday, November 1st. Royal Bank of Canada raised their target price on 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 target on Ventas from $59.00 to $65.00 and gave the stock a “sector perform” rating in a research note on Friday, October 11th. Finally, Wolfe Research raised Ventas to a “strong-buy” rating in a research note on Friday, August 9th. Two analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $63.63.

Ventas Trading Down 1.2 %

Shares of NYSE:VTR opened at $63.55 on Friday. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.04 and a current ratio of 1.04. The stock’s 50-day moving average is $64.11 and its 200-day moving average is $57.49. The company has a market cap of $26.66 billion, a P/E ratio of -373.80, a P/E/G ratio of 2.97 and a beta of 1.36. Ventas, Inc. has a 52-week low of $41.45 and a 52-week high of $67.61.

Ventas Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 17th. Shareholders of record on Tuesday, October 1st were given a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 2.83%. The ex-dividend date was Tuesday, October 1st. Ventas’s dividend payout ratio is currently -1,058.76%.

Insider Transactions at Ventas

In related news, CEO Debra A. Cafaro sold 6,827 shares of the business’s stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $63.20, for a total transaction of $431,466.40. Following the transaction, the chief executive officer now owns 986,717 shares of the company’s stock, valued at approximately $62,360,514.40. The trade was a 0.69 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Peter J. Bulgarelli sold 6,000 shares of the stock in a transaction on Tuesday, September 10th. The shares were 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 directly owns 90,795 shares of the company’s stock, valued at approximately $5,900,767.05. This trade represents a 6.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 140,454 shares of company stock worth $9,263,815 over the last three months. 1.00% of the stock is currently owned by 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.