Cibc World Markets Corp Purchases 23,332 Shares of Ventas, Inc. (NYSE:VTR)

Cibc World Markets Corp grew its holdings in Ventas, Inc. (NYSE:VTR - Free Report) by 14.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 188,063 shares of the real estate investment trust's stock after buying an additional 23,332 shares during the period. Cibc World Markets Corp's holdings in Ventas were worth $11,075,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. ST Germain D J Co. Inc. acquired a new stake in shares of Ventas in the fourth quarter valued at approximately $27,000. Harbor Capital Advisors Inc. lifted its holdings in Ventas by 66.2% during the 4th quarter. Harbor Capital Advisors Inc. now owns 527 shares of the real estate investment trust's stock worth $31,000 after purchasing an additional 210 shares during the last quarter. Promus Capital LLC acquired a new stake in Ventas during the 4th quarter worth approximately $38,000. New Wave Wealth Advisors LLC acquired a new stake in Ventas during the 4th quarter worth approximately $41,000. Finally, SRS Capital Advisors Inc. lifted its holdings in Ventas by 1,039.4% during 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. 94.18% of the stock is owned by institutional investors and hedge funds.

Ventas Price Performance

Shares of VTR stock traded down $0.80 on Friday, reaching $66.91. The company had a trading volume of 10,422,648 shares, compared to its average volume of 2,414,392. The stock has a market capitalization of $29.25 billion, a PE ratio of 352.16, a price-to-earnings-growth 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 one year low of $41.45 and a one year high of $71.04. The business's 50-day moving average is $64.00 and its 200 day moving average is $63.10.

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Ventas (NYSE:VTR - Get Free Report) last posted its earnings results on Wednesday, February 12th. The real estate investment trust reported $0.81 EPS for the quarter, topping analysts' consensus estimates of ($0.02) by $0.83. Ventas had a net margin of 1.65% and a return on equity of 0.82%. Equities research analysts forecast that Ventas, Inc. will post 3.4 EPS for the current fiscal year.

Ventas Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Monday, March 31st will be issued a $0.48 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.87%. This is a boost from Ventas's previous quarterly dividend of $0.45. Ventas's dividend payout ratio is 1,010.53%.

Insider Transactions at Ventas

In related 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 completion of the transaction, the chief executive officer now owns 1,128,143 shares in the company, valued at $80,098,153. This trade represents a 0.03 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through 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 transaction, the chief accounting officer now owns 11,371 shares of the company's stock, valued at approximately $716,373. This trade represents a 25.37 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 260,227 shares of company stock valued at $17,769,097. 1.00% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on VTR shares. StockNews.com raised Ventas from a "sell" rating to a "hold" rating in a report on Friday, January 17th. Royal Bank of Canada lifted their price target on Ventas from $70.00 to $74.00 and gave the stock an "outperform" rating in a report on Tuesday, February 25th. Wells Fargo & Company upped their target price on Ventas from $72.00 to $77.00 and gave the company an "overweight" rating in a research report on Monday, March 10th. JPMorgan Chase & Co. raised their price target on Ventas from $71.00 to $73.00 and gave the stock a "neutral" rating in a research report on Friday, March 7th. Finally, Mizuho upped their price objective on shares of Ventas from $68.00 to $75.00 and gave the stock an "outperform" rating in a research report on Tuesday. Four equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $72.90.

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.