PensionDanmark Pensionsforsikringsaktieselskab Sells 9,608 Shares of Ventas, Inc. $VTR

PensionDanmark Pensionsforsikringsaktieselskab trimmed its position in shares of Ventas, Inc. (NYSE:VTR) by 7.1% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 125,675 shares of the real estate investment trust’s stock after selling 9,608 shares during the quarter. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in Ventas were worth $11,160,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. NewEdge Advisors LLC increased its position in shares of Ventas by 856.1% during the first quarter. NewEdge Advisors LLC now owns 7,926 shares of the real estate investment trust’s stock valued at $545,000 after acquiring an additional 7,097 shares in the last quarter. Empowered Funds LLC raised its holdings in Ventas by 6.8% in the 1st quarter. Empowered Funds LLC now owns 8,373 shares of the real estate investment trust’s stock worth $576,000 after acquiring an additional 536 shares during the last quarter. Woodline Partners LP lifted its position in Ventas by 46.8% in the 1st quarter. Woodline Partners LP now owns 36,826 shares of the real estate investment trust’s stock valued at $2,532,000 after acquiring an additional 11,739 shares in the last quarter. Focus Partners Wealth lifted its position in Ventas by 130.4% in the 1st quarter. Focus Partners Wealth now owns 21,613 shares of the real estate investment trust’s stock valued at $1,486,000 after acquiring an additional 12,233 shares in the last quarter. Finally, Gamco Investors INC. ET AL purchased a new stake in Ventas during the 2nd quarter valued at $805,000. 94.18% of the stock is currently owned by institutional investors.

Insider Activity

In related news, Director Michael J. Embler purchased 2,500 shares of the business’s stock in a transaction on Wednesday, June 3rd. The stock was acquired at an average price of $78.81 per share, with a total value of $197,025.00. Following the completion of the acquisition, the director owned 19,202 shares of the company’s stock, valued at approximately $1,513,309.62. This trade represents a 14.97% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Walter C. Rakowich sold 1,152 shares of the company’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $90.20, for a total value of $103,910.40. Following the completion of the sale, the director owned 28,349 shares of the company’s stock, valued at approximately $2,557,079.80. The trade was a 3.90% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.53% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have commented on VTR shares. Weiss Ratings raised Ventas from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, July 21st. Raymond James Financial assumed coverage on Ventas in a report on Tuesday, June 16th. They set an “outperform” rating and a $94.00 price target on the stock. JPMorgan Chase & Co. increased their price objective on Ventas from $93.00 to $94.00 and gave the company an “overweight” rating in a research report on Monday, May 11th. Scotiabank decreased their target price on Ventas from $95.00 to $88.00 and set a “sector perform” rating for the company in a research report on Thursday, June 18th. Finally, Evercore restated an “outperform” rating and set a $95.00 target price on shares of Ventas in a research note on Wednesday, April 29th. Fifteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $97.56.

Ventas Trading Up 1.1%

Shares of VTR stock opened at $93.31 on Friday. Ventas, Inc. has a 1 year low of $66.38 and a 1 year high of $101.60. The firm has a fifty day moving average price of $89.49 and a 200-day moving average price of $86.10. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.44 and a quick ratio of 0.44. The company has a market cap of $47.87 billion, a price-to-earnings ratio of 172.81, a PEG ratio of 2.13 and a beta of 0.69.

Ventas Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, July 16th. Investors of record on Tuesday, June 30th were given a dividend of $0.52 per share. The ex-dividend date was Tuesday, June 30th. This represents a $2.08 annualized dividend and a yield of 2.2%. Ventas’s payout ratio is 385.19%.

About Ventas

Ventas, Inc (NYSE: VTR) is a real estate investment trust (REIT) that specializes in healthcare-related real estate. The company acquires, owns and manages a diversified portfolio of properties serving the healthcare continuum, including senior housing communities, skilled nursing facilities, medical office buildings, life science and research centers, and other properties leased to healthcare providers and operators. Ventas generates revenue through long-term leases, property management and selective development activities focused on meeting the real estate needs of the healthcare sector.

Ventas’ business model combines property ownership with active asset management and capital markets activity.