IQ EQ FUND MANAGEMENT IRELAND Ltd Has $1.22 Million Stock Position in Ventas, Inc. $VTR

IQ EQ FUND MANAGEMENT IRELAND Ltd raised its stake in shares of Ventas, Inc. (NYSE:VTR) by 10.3% during the second quarter, Holdings Channel reports. The firm owned 19,283 shares of the real estate investment trust’s stock after buying an additional 1,797 shares during the period. IQ EQ FUND MANAGEMENT IRELAND Ltd’s holdings in Ventas were worth $1,218,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Fjarde AP Fonden Fourth Swedish National Pension Fund raised its stake in shares of Ventas by 11.6% in the second quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 76,824 shares of the real estate investment trust’s stock valued at $4,851,000 after acquiring an additional 8,000 shares during the last quarter. Teacher Retirement System of Texas raised its stake in shares of Ventas by 91.5% in the second quarter. Teacher Retirement System of Texas now owns 220,556 shares of the real estate investment trust’s stock valued at $13,928,000 after acquiring an additional 105,385 shares during the last quarter. Y Intercept Hong Kong Ltd raised its stake in shares of Ventas by 836.4% in the second quarter. Y Intercept Hong Kong Ltd now owns 64,997 shares of the real estate investment trust’s stock valued at $4,105,000 after acquiring an additional 58,056 shares during the last quarter. Convergence Investment Partners LLC raised its stake in shares of Ventas by 24.2% in the second quarter. Convergence Investment Partners LLC now owns 10,315 shares of the real estate investment trust’s stock valued at $651,000 after acquiring an additional 2,009 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in shares of Ventas by 19.0% in the second quarter. Envestnet Asset Management Inc. now owns 372,054 shares of the real estate investment trust’s stock valued at $23,489,000 after acquiring an additional 59,522 shares during the last quarter. Institutional investors own 94.18% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on VTR shares. Scotiabank lifted their target price on shares of Ventas from $72.00 to $74.00 and gave the company a “sector perform” rating in a research note on Thursday, August 28th. UBS Group started coverage on shares of Ventas in a research note on Friday, September 19th. They issued a “neutral” rating and a $73.00 target price for the company. JPMorgan Chase & Co. lifted their target price on shares of Ventas from $72.00 to $76.00 and gave the company an “overweight” rating in a research note on Tuesday, August 26th. Cantor Fitzgerald started coverage on shares of Ventas in a research note on Wednesday, October 1st. They issued an “overweight” rating and a $77.00 target price for the company. Finally, Wells Fargo & Company lifted their target price on shares of Ventas from $77.00 to $80.00 and gave the company an “overweight” rating in a research note on Tuesday, October 21st. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $75.46.

Insider Buying and Selling at Ventas

In other Ventas news, CEO Debra A. Cafaro sold 219,515 shares of the company’s stock in a transaction on Monday, October 20th. The shares were sold at an average price of $71.32, for a total transaction of $15,655,809.80. Following the completion of the sale, the chief executive officer owned 1,145,695 shares in the company, valued at approximately $81,710,967.40. The trade was a 16.08% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Robert F. Probst sold 29,691 shares of the company’s stock in a transaction on Monday, August 4th. The shares were sold at an average price of $68.49, for a total transaction of $2,033,536.59. Following the sale, the chief financial officer owned 168,364 shares of the company’s stock, valued at $11,531,250.36. The trade was a 14.99% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 289,072 shares of company stock worth $20,427,497. Insiders own 1.00% of the company’s stock.

Ventas Stock Performance

VTR stock opened at $70.12 on Wednesday. The company has a debt-to-equity ratio of 1.13, a current ratio of 0.68 and a quick ratio of 0.68. The company has a 50 day moving average price of $68.79 and a 200 day moving average price of $66.66. Ventas, Inc. has a fifty-two week low of $56.68 and a fifty-two week high of $72.02. The stock has a market capitalization of $31.87 billion, a PE ratio of 163.07, a price-to-earnings-growth ratio of 2.42 and a beta of 0.89.

Ventas (NYSE:VTR) last issued its earnings results on Wednesday, July 30th. The real estate investment trust reported $0.87 EPS for the quarter, beating the consensus estimate of $0.85 by $0.02. The company had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.37 billion. Ventas had a net margin of 3.61% and a return on equity of 1.75%. The business’s revenue for the quarter was up 18.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.80 EPS. Analysts forecast that Ventas, Inc. will post 3.4 EPS for the current year.

Ventas Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 16th. Shareholders of record on Tuesday, September 30th were given a dividend of $0.48 per share. The ex-dividend date was Tuesday, September 30th. This represents a $1.92 annualized dividend and a dividend yield of 2.7%. Ventas’s payout ratio is presently 446.51%.

Ventas Profile

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.