A number of other institutional investors have also added to or reduced their stakes in VTR. AdvisorNet Financial Inc grew its position in Ventas by 6.8% during the fourth quarter. AdvisorNet Financial Inc now owns 2,491 shares of the real estate investment trust’s stock valued at $146,000 after acquiring an additional 159 shares during the period. Benjamin F. Edwards & Company Inc. grew its position in Ventas by 11.5% during the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 1,776 shares of the real estate investment trust’s stock valued at $104,000 after acquiring an additional 183 shares during the period. Highstreet Asset Management Inc. grew its position in Ventas by 1.9% during the fourth quarter. Highstreet Asset Management Inc. now owns 11,128 shares of the real estate investment trust’s stock valued at $652,000 after acquiring an additional 208 shares during the period. Trustcore Financial Services LLC grew its position in Ventas by 2.4% during the fourth quarter. Trustcore Financial Services LLC now owns 9,325 shares of the real estate investment trust’s stock valued at $546,000 after acquiring an additional 222 shares during the period. Finally, Keeley Teton Advisors LLC grew its position in Ventas by 2.1% during the fourth quarter. Keeley Teton Advisors LLC now owns 11,440 shares of the real estate investment trust’s stock valued at $670,000 after acquiring an additional 231 shares during the period. Hedge funds and other institutional investors own 85.61% of the company’s stock.
Raymond James Financial Services Advisors Inc. boosted its holdings in Ventas, Inc. (NYSE:VTR) by 13.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 40,639 shares of the real estate investment trust’s stock after purchasing an additional 4,738 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Ventas were worth $2,381,000 as of its most recent filing with the Securities and Exchange Commission.
Shares of NYSE VTR opened at $63.53 on Thursday. Ventas, Inc. has a 1-year low of $46.55 and a 1-year high of $65.70. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 1.04. The stock has a market capitalization of $22.63 billion, a PE ratio of 15.61, a P/E/G ratio of 5.05 and a beta of 0.33.
Ventas (NYSE:VTR) last issued its earnings results on Friday, February 8th. The real estate investment trust reported $0.96 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.95 by $0.01. Ventas had a return on equity of 3.54% and a net margin of 10.93%. The company had revenue of $923.26 million during the quarter, compared to the consensus estimate of $913.92 million. During the same quarter in the prior year, the business earned $1.03 earnings per share. The company’s revenue was up 3.1% compared to the same quarter last year. On average, research analysts anticipate that Ventas, Inc. will post 3.83 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, April 12th. Investors of record on Monday, April 1st will be paid a $0.7925 dividend. This represents a $3.17 annualized dividend and a dividend yield of 4.99%. The ex-dividend date is Friday, March 29th. Ventas’s dividend payout ratio (DPR) is 77.89%.
In related news, CFO Robert F. Probst sold 10,000 shares of the business’s stock in a transaction dated Friday, February 15th. The stock was sold at an average price of $65.01, for a total value of $650,100.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Chairman Debra A. Cafaro sold 68,084 shares of the business’s stock in a transaction dated Wednesday, February 13th. The stock was sold at an average price of $64.09, for a total value of $4,363,503.56. Following the completion of the transaction, the chairman now owns 805,835 shares in the company, valued at approximately $51,645,965.15. The disclosure for this sale can be found here. In the last quarter, insiders sold 88,084 shares of company stock worth $5,646,704. Insiders own 1.40% of the company’s stock.
VTR has been the subject of a number of research reports. ValuEngine raised Ventas from a “hold” rating to a “buy” rating in a research report on Friday, November 16th. BMO Capital Markets upped their target price on Ventas from $62.00 to $64.00 and gave the stock a “market perform” rating in a research report on Monday, March 4th. Scotiabank initiated coverage on Ventas in a research report on Monday, December 10th. They issued a “sector perform” rating and a $66.00 target price for the company. Zacks Investment Research downgraded Ventas from a “hold” rating to a “sell” rating in a research report on Monday, December 31st. Finally, KeyCorp set a $55.00 target price on Ventas and gave the stock a “sell” rating in a research report on Thursday, December 20th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $59.00.
Ventas Company Profile
Ventas, Inc, an S&P 500 company, is a leading real estate investment trust. Its diverse portfolio of approximately 1,200 assets in the United States, Canada and the United Kingdom consists of seniors housing communities, medical office buildings, university-based research and innovation centers, inpatient rehabilitation and long-term acute care facilities, health systems and skilled nursing facilities.
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