Charles Schwab Investment Management Inc. Has $314.50 Million Holdings in Ventas, Inc. (NYSE:VTR)

Charles Schwab Investment Management Inc. grew its holdings in Ventas, Inc. (NYSE:VTR) by 5.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,904,078 shares of the real estate investment trust’s stock after purchasing an additional 231,352 shares during the period. Charles Schwab Investment Management Inc. owned about 1.17% of Ventas worth $314,499,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in VTR. O Shaughnessy Asset Management LLC boosted its position in Ventas by 9.0% during the first quarter. O Shaughnessy Asset Management LLC now owns 27,362 shares of the real estate investment trust’s stock valued at $1,191,000 after purchasing an additional 2,270 shares during the last quarter. Bessemer Group Inc. grew its stake in shares of Ventas by 4.6% in the 1st quarter. Bessemer Group Inc. now owns 5,292 shares of the real estate investment trust’s stock valued at $230,000 after buying an additional 234 shares in the last quarter. Magnetar Financial LLC acquired a new stake in shares of Ventas in the 1st quarter valued at $2,494,000. Price T Rowe Associates Inc. MD boosted its holdings in Ventas by 8.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 5,489,159 shares of the real estate investment trust’s stock worth $239,000,000 after purchasing an additional 413,564 shares in the last quarter. Finally, Zurich Insurance Group Ltd FI acquired a new stake in shares of Ventas in the first quarter worth about $11,749,000. 94.18% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CEO Peter J. Bulgarelli sold 6,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of $64.99, for a total transaction of $389,940.00. Following the transaction, the chief executive officer now directly owns 90,795 shares in the company, valued at approximately $5,900,767.05. This represents a 6.20 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, 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 directly owns 986,717 shares in the company, valued at $65,231,860.87. This trade represents a 0.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 140,454 shares of company stock valued at $9,263,815. 1.00% of the stock is currently owned by insiders.

Ventas Price Performance

Shares of NYSE VTR opened at $63.55 on Friday. 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 current ratio of 1.04 and a quick ratio of 1.04. The business has a fifty day moving average of $64.11 and a two-hundred day moving average of $57.42.

Ventas Announces Dividend

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

Wall Street Analyst Weigh In

A number of research firms have recently commented on VTR. Wolfe Research raised shares of Ventas to a “strong-buy” rating in a research report on Friday, August 9th. Royal Bank of Canada raised their target price on Ventas from $52.00 to $63.00 and gave the company an “outperform” rating in a report on Friday, August 9th. Wells Fargo & Company upgraded shares of Ventas from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $61.00 to $71.00 in a report on Tuesday, October 1st. Scotiabank boosted their price objective on Ventas from $59.00 to $65.00 and gave the company a “sector perform” rating in a research report on Friday, October 11th. Finally, Wedbush raised their target price on Ventas from $64.00 to $71.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 10th. Two research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $63.63.

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.