Laird Norton Wetherby Wealth Management LLC Sells 661 Shares of Ventas, Inc. (NYSE:VTR)

Laird Norton Wetherby Wealth Management LLC reduced its stake in Ventas, Inc. (NYSE:VTR) by 4.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,858 shares of the real estate investment trust’s stock after selling 661 shares during the period. Laird Norton Wetherby Wealth Management LLC’s holdings in Ventas were worth $757,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Harbor Capital Advisors Inc. boosted its stake in Ventas by 66.2% in the 4th quarter. Harbor Capital Advisors Inc. now owns 527 shares of the real estate investment trust’s stock valued at $31,000 after buying an additional 210 shares in the last quarter. Promus Capital LLC acquired a new stake in shares of Ventas in the 4th quarter valued at $38,000. New Wave Wealth Advisors LLC acquired a new stake in shares of Ventas in the 4th quarter valued at $41,000. SRS Capital Advisors Inc. grew its holdings in shares of Ventas by 1,039.4% in the 4th quarter. SRS Capital Advisors Inc. now owns 809 shares of the real estate investment trust’s stock worth $48,000 after purchasing an additional 738 shares during the last quarter. Finally, Transce3nd LLC acquired a new stake in shares of Ventas during the 4th quarter worth about $48,000. 94.18% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

VTR has been the topic of several research analyst reports. Wedbush upped their price objective on shares of Ventas from $69.00 to $78.00 and gave the stock an “outperform” rating in a research note on Friday, February 14th. Morgan Stanley increased their price target on Ventas from $65.00 to $70.00 and gave the stock an “equal weight” rating in a research report on Tuesday, March 11th. Argus set a $75.00 price target on Ventas in a report on Friday, March 7th. Mizuho boosted their price objective on Ventas from $68.00 to $75.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 18th. Finally, Scotiabank increased their target price on Ventas from $69.00 to $72.00 and gave the stock a “sector perform” rating in a report on Friday, February 28th. Four research analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $73.00.

Insider Buying and Selling

In other Ventas news, CEO Debra A. Cafaro sold 388 shares of the firm’s stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $71.00, for a total value of $27,548.00. Following the transaction, the chief executive officer now directly owns 1,128,143 shares of the company’s stock, valued at approximately $80,098,153. This trade represents a 0.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold a total of 310,022 shares of company stock valued at $21,292,957 over the last ninety days. Insiders own 0.80% of the company’s stock.

Ventas Stock Down 0.7%

NYSE VTR opened at $63.72 on Thursday. The stock has a market capitalization of $28.76 billion, a P/E ratio of 335.39, a price-to-earnings-growth ratio of 2.59 and a beta of 0.95. Ventas, Inc. has a 52 week low of $46.66 and a 52 week high of $71.36. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.85 and a current ratio of 0.85. The stock has a fifty day moving average of $67.03 and a 200-day moving average of $63.96.

Ventas (NYSE:VTR) last announced its quarterly earnings data on Wednesday, April 30th. The real estate investment trust reported $0.84 EPS for the quarter, topping analysts’ consensus estimates of $0.82 by $0.02. The firm had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.32 billion. Ventas had a return on equity of 0.82% and a net margin of 1.65%. The company’s revenue was up 13.2% on a year-over-year basis. During the same period last year, the company earned $0.78 earnings per share. On average, equities research analysts forecast that Ventas, Inc. will post 3.4 EPS for the current year.

Ventas Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 17th. Stockholders of record on Monday, June 30th will be given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 3.01%. The ex-dividend date of this dividend is Monday, June 30th. Ventas’s dividend payout ratio is 581.82%.

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.