Kentucky Retirement Systems Has $1.85 Million Holdings in Ventas, Inc. (NYSE:VTR)

Kentucky Retirement Systems decreased its holdings in Ventas, Inc. (NYSE:VTR) by 5.6% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 28,783 shares of the real estate investment trust’s stock after selling 1,719 shares during the quarter. Kentucky Retirement Systems’ holdings in Ventas were worth $1,846,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Intech Investment Management LLC acquired a new stake in shares of Ventas in the first quarter valued at approximately $819,000. Zurich Insurance Group Ltd FI bought a new position in Ventas during the 1st quarter worth $11,749,000. BDF Gestion acquired a new position in Ventas in the 2nd quarter valued at $3,716,000. Friedenthal Financial lifted 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 valued at $819,000 after acquiring an additional 11,778 shares during the period. Finally, Tandem Capital Management Corp ADV grew its holdings in shares of Ventas by 62.1% during the 3rd quarter. Tandem Capital Management Corp ADV now owns 27,730 shares of the real estate investment trust’s stock worth $1,778,000 after purchasing an additional 10,620 shares in the last quarter. Institutional investors own 94.18% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on VTR. Wells Fargo & Company raised Ventas from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $61.00 to $71.00 in a research note on Tuesday, October 1st. StockNews.com raised shares of Ventas from a “sell” rating to a “hold” rating in a report on Friday, November 1st. Evercore ISI boosted their price objective on shares of Ventas from $64.00 to $70.00 and gave the company an “outperform” rating in a research report on Monday, September 16th. Royal Bank of Canada upped their target price on Ventas from $52.00 to $63.00 and gave the stock an “outperform” rating in a research note on Friday, August 9th. Finally, Wedbush lifted their price target on Ventas from $64.00 to $71.00 and gave the company an “outperform” rating in a research note on Tuesday, September 10th. Two investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Ventas currently has a consensus rating of “Moderate Buy” and a consensus price target of $63.63.

Ventas Stock Up 0.2 %

Shares of VTR opened at $63.60 on Monday. The stock has a market capitalization of $26.67 billion, a price-to-earnings ratio of -374.10, a PEG ratio of 2.94 and a beta of 1.36. Ventas, Inc. has a 52 week low of $41.45 and a 52 week high of $67.61. 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 has a fifty day moving average of $64.20 and a 200-day moving average of $56.96.

Ventas Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 17th. Stockholders of record on Tuesday, October 1st were paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.83%. The ex-dividend date of this dividend was Tuesday, October 1st. Ventas’s payout ratio is -1,058.76%.

Insider Transactions at Ventas

In other news, CEO Debra A. Cafaro sold 6,004 shares of Ventas stock in a transaction 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 transaction, the chief executive officer now owns 986,717 shares in the company, valued at approximately $65,231,860.87. The trade was a 0.60 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 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 value 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. The trade was a 6.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 140,454 shares of company stock worth $9,263,815. Insiders own 1.00% 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.