Tidal Investments LLC Buys 1,550 Shares of Ventas, Inc. (NYSE:VTR)

Tidal Investments LLC grew its stake in Ventas, Inc. (NYSE:VTR) by 18.4% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,952 shares of the real estate investment trust’s stock after purchasing an additional 1,550 shares during the quarter. Tidal Investments LLC’s holdings in Ventas were worth $634,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the stock. Global X Japan Co. Ltd. bought a new position in shares of Ventas during the third quarter valued at about $48,000. Morse Asset Management Inc purchased a new stake in Ventas in the 3rd quarter valued at about $64,000. Hanseatic Management Services Inc. bought a new position in shares of Ventas during the 3rd quarter worth approximately $74,000. Tobam purchased a new position in shares of Ventas in the 3rd quarter worth approximately $79,000. Finally, Brooklyn Investment Group bought a new position in shares of Ventas in the third quarter valued at approximately $80,000. Hedge funds and other institutional investors own 94.18% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on VTR. StockNews.com raised Ventas from a “sell” rating to a “hold” rating in a research report on Saturday. Scotiabank lifted 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. Mizuho reduced their target price on shares of Ventas from $71.00 to $68.00 and set an “outperform” rating for the company in a research report on Thursday, December 5th. Robert W. Baird raised their price target on shares of Ventas from $65.00 to $66.00 and gave the stock a “neutral” rating in a research note on Friday. Finally, Wedbush reiterated an “outperform” rating and issued a $75.00 price objective on shares of Ventas in a research note on Thursday. Three 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 stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $65.67.

Insider Activity

In other news, CEO Debra A. Cafaro sold 6,004 shares of the stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $66.11, for a total transaction of $396,924.44. Following the sale, the chief executive officer now owns 986,717 shares in the company, valued at $65,231,860.87. This represents a 0.60 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 1.00% of the company’s stock.

Ventas Price Performance

VTR opened at $58.76 on Friday. Ventas, Inc. has a 12-month low of $41.45 and a 12-month high of $67.61. The company has a market cap of $24.65 billion, a price-to-earnings ratio of -345.63, a price-to-earnings-growth ratio of 2.78 and a beta of 1.36. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.39. The stock has a fifty day simple moving average of $63.36 and a two-hundred day simple moving average of $59.33.

Ventas Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 16th. Stockholders of record on Tuesday, December 31st will be issued a dividend of $0.45 per share. The ex-dividend date is Tuesday, December 31st. This represents a $1.80 annualized dividend and a dividend yield of 3.06%. Ventas’s payout ratio is presently -1,058.82%.

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.