Citigroup Inc. significantly reduced its stake in Ventas, Inc. (NYSE:VTR) by 73.1% in the third quarter, selling over 1.6 million shares and holding 622,466 shares valued at $43.57 million. Despite this, other institutional investors increased their positions, and Ventas recently raised its quarterly dividend. The company’s stock shows strong analyst ratings with a “Moderate Buy” consensus.
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Citigroup Inc. Decreases Position in Ventas, Inc. $VTR
Citigroup Inc. significantly reduced its stake in Ventas, Inc. (NYSE:VTR) by 73.1% in the third quarter, selling over 1.6 million shares and holding 622,466 shares valued at $43.57 million. Despite this, other institutional investors increased their positions, and Ventas recently raised its quarterly dividend. The company’s stock shows strong analyst ratings with a “Moderate Buy” consensus.