American Assets Capital Advisers LLC reduced its position in Ventas, Inc. (NYSE:VTR - Free Report) by 14.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 89,238 shares of the real estate investment trust's stock after selling 14,564 shares during the period. Ventas comprises 1.8% of American Assets Capital Advisers LLC's investment portfolio, making the stock its 18th biggest position. American Assets Capital Advisers LLC's holdings in Ventas were worth $5,255,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Ventas by 862.7% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,932,017 shares of the real estate investment trust's stock valued at $252,160,000 after purchasing an additional 3,523,594 shares during the last quarter. Massachusetts Financial Services Co. MA grew its stake in Ventas by 105.2% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,420,322 shares of the real estate investment trust's stock valued at $347,605,000 after acquiring an additional 2,778,408 shares during the last quarter. FMR LLC lifted its holdings in shares of Ventas by 4.4% in the third quarter. FMR LLC now owns 23,364,810 shares of the real estate investment trust's stock valued at $1,498,385,000 after purchasing an additional 982,795 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of Ventas by 2.2% in the third quarter. JPMorgan Chase & Co. now owns 27,557,480 shares of the real estate investment trust's stock valued at $1,767,261,000 after purchasing an additional 599,600 shares during the last quarter. Finally, State Street Corp increased its stake in shares of Ventas by 2.2% during the 3rd quarter. State Street Corp now owns 26,671,227 shares of the real estate investment trust's stock worth $1,710,426,000 after purchasing an additional 581,870 shares in the last quarter. 94.18% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
VTR has been the subject of a number of analyst reports. Baird R W raised Ventas from a "hold" rating to a "strong-buy" rating in a report on Friday, January 17th. Argus set a $75.00 price target on shares of Ventas in a research note on Friday, March 7th. Wedbush boosted their price objective on shares of Ventas from $69.00 to $78.00 and gave the company an "outperform" rating in a research report on Friday, February 14th. Mizuho increased their price target on Ventas from $68.00 to $75.00 and gave the stock an "outperform" rating in a research note on Tuesday. Finally, StockNews.com upgraded Ventas from a "sell" rating to a "hold" rating in a report on Friday, January 17th. Four analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $72.90.
Check Out Our Latest Report on Ventas
Ventas Price Performance
NYSE VTR traded up $0.09 on Thursday, reaching $67.67. 3,965,291 shares of the stock traded hands, compared to its average volume of 2,388,539. The firm's fifty day simple moving average is $63.62 and its 200 day simple moving average is $63.03. The company has a market cap of $29.58 billion, a price-to-earnings ratio of 356.15, a P/E/G ratio of 2.59 and a beta of 1.37. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.25. Ventas, Inc. has a 12 month low of $41.45 and a 12 month high of $71.04.
Ventas (NYSE:VTR - Get Free Report) last announced its earnings results on Wednesday, February 12th. The real estate investment trust reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.02) by $0.83. Ventas had a net margin of 1.65% and a return on equity of 0.82%. As a group, research analysts predict that Ventas, Inc. will post 3.4 EPS for the current fiscal year.
Ventas Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Monday, March 31st will be paid a $0.48 dividend. The ex-dividend date is Monday, March 31st. This is a positive change from Ventas's previous quarterly dividend of $0.45. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.84%. Ventas's payout ratio is presently 1,010.53%.
Insider Activity at Ventas
In other Ventas news, CEO Debra A. Cafaro sold 388 shares of the business's stock in a transaction dated 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 in the company, valued at $80,098,153. The trade was a 0.03 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Gregory R. Liebbe sold 3,866 shares of the firm's stock in a transaction that occurred on Thursday, February 13th. The shares were sold at an average price of $63.00, for a total transaction of $243,558.00. Following the completion of the sale, the chief accounting officer now directly owns 11,371 shares of the company's stock, valued at approximately $716,373. This represents a 25.37 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 260,227 shares of company stock worth $17,769,097 in the last ninety days. 1.00% of the stock is currently owned by insiders.
Ventas Profile
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Free Report)
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.
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