Bbva Compass Bancshares Inc. Cuts Stake in Ventas, Inc. (VTR)

Bbva Compass Bancshares Inc. decreased its stake in shares of Ventas, Inc. (NYSE:VTR) by 11.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,471 shares of the real estate investment trust’s stock after selling 828 shares during the period. Bbva Compass Bancshares Inc.’s holdings in Ventas were worth $413,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in VTR. JPMorgan Chase & Co. raised its stake in Ventas by 22.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 7,214,027 shares of the real estate investment trust’s stock valued at $392,299,000 after acquiring an additional 1,331,028 shares in the last quarter. Neuberger Berman Group LLC raised its stake in Ventas by 6.1% during the 3rd quarter. Neuberger Berman Group LLC now owns 558,094 shares of the real estate investment trust’s stock valued at $30,349,000 after acquiring an additional 32,323 shares in the last quarter. Teachers Advisors LLC raised its stake in Ventas by 7.2% during the 3rd quarter. Teachers Advisors LLC now owns 1,551,884 shares of the real estate investment trust’s stock valued at $84,391,000 after acquiring an additional 104,479 shares in the last quarter. Legal & General Group Plc raised its stake in Ventas by 1.5% during the 3rd quarter. Legal & General Group Plc now owns 2,684,214 shares of the real estate investment trust’s stock valued at $145,967,000 after acquiring an additional 40,897 shares in the last quarter. Finally, Fox Run Management L.L.C. bought a new stake in Ventas during the 4th quarter valued at $238,000. 87.90% of the stock is currently owned by hedge funds and other institutional investors.

VTR has been the topic of several recent analyst reports. Mitsubishi UFJ Financial Group lifted their target price on Ventas from $60.00 to $61.00 and gave the company a “neutral” rating in a research note on Tuesday, April 30th. ValuEngine downgraded Ventas from a “buy” rating to a “hold” rating in a research note on Tuesday, April 16th. BMO Capital Markets lifted their target price on Ventas from $62.00 to $64.00 and gave the company a “market perform” rating in a research note on Monday, March 4th. Deutsche Bank lifted their target price on Ventas from $54.00 to $57.00 and gave the company a “hold” rating in a research note on Friday, March 29th. Finally, Raymond James raised Ventas from an “underperform” rating to a “market perform” rating in a research note on Tuesday, April 30th. Three analysts have rated the stock with a sell rating and thirteen have assigned a hold rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $59.46.

VTR opened at $63.49 on Thursday. Ventas, Inc. has a one year low of $50.69 and a one year high of $65.70. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.56 and a current ratio of 0.56. The firm has a market capitalization of $22.73 billion, a PE ratio of 15.60, a PEG ratio of 8.10 and a beta of 0.30.

Ventas (NYSE:VTR) last posted its quarterly earnings data on Friday, April 26th. The real estate investment trust reported $0.99 EPS for the quarter, topping the Zacks’ consensus estimate of $0.96 by $0.03. Ventas had a return on equity of 4.04% and a net margin of 12.19%. The company had revenue of $942.80 million for the quarter, compared to the consensus estimate of $908.61 million. During the same quarter in the previous year, the business earned $0.22 EPS. The company’s quarterly revenue was down .1% compared to the same quarter last year. On average, research analysts forecast that Ventas, Inc. will post 3.82 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 12th. Stockholders of record on Monday, July 1st will be paid a $0.7925 dividend. This represents a $3.17 dividend on an annualized basis and a dividend yield of 4.99%. Ventas’s dividend payout ratio is presently 77.89%.

In other news, CFO Robert F. Probst sold 10,000 shares of the business’s stock in a transaction on Friday, February 15th. The stock was sold at an average price of $65.01, for a total value of $650,100.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CAO Gregory R. Liebbe sold 4,113 shares of the business’s stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of $60.67, for a total value of $249,535.71. Following the completion of the sale, the chief accounting officer now directly owns 14,627 shares in the company, valued at approximately $887,420.09. The disclosure for this sale can be found here. Insiders sold a total of 33,493 shares of company stock worth $2,153,070 in the last three months. Company insiders own 1.40% of the company’s stock.

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About Ventas

Ventas, Inc, an S&P 500 company, is a leading real estate investment trust. Its diverse portfolio of approximately 1,200 assets in the United States, Canada and the United Kingdom consists of seniors housing communities, medical office buildings, university-based research and innovation centers, inpatient rehabilitation and long-term acute care facilities, and health systems.

Further Reading: Rule of 72

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Institutional Ownership by Quarter for Ventas (NYSE:VTR)

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