Czech National Bank boosted its position in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 8.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 90,963 shares of the real estate investment trust's stock after buying an additional 6,800 shares during the quarter. Czech National Bank's holdings in Ventas were worth $5,357,000 at the end of the most recent quarter.
Other hedge funds have also recently bought and sold shares of the company. Friedenthal Financial grew its stake in shares of Ventas by 1,183.7% in the 3rd quarter. Friedenthal Financial now owns 12,773 shares of the real estate investment trust's stock worth $819,000 after purchasing an additional 11,778 shares during the last quarter. Tandem Capital Management Corp ADV grew its position in Ventas by 62.1% in the third quarter. Tandem Capital Management Corp ADV now owns 27,730 shares of the real estate investment trust's stock worth $1,778,000 after buying an additional 10,620 shares during the last quarter. Perpetual Ltd bought a new position in shares of Ventas in the third quarter valued at $544,000. Healthcare of Ontario Pension Plan Trust Fund lifted its position in shares of Ventas by 7.9% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 332,300 shares of the real estate investment trust's stock valued at $21,310,000 after acquiring an additional 24,300 shares during the last quarter. Finally, abrdn plc boosted its stake in shares of Ventas by 28.7% during the 3rd quarter. abrdn plc now owns 961,359 shares of the real estate investment trust's stock worth $61,878,000 after acquiring an additional 214,384 shares in the last quarter. 94.18% of the stock is owned by institutional investors and hedge funds.
Ventas Stock Up 0.6 %
Shares of NYSE:VTR traded up $0.35 during trading on Thursday, reaching $58.40. 2,044,650 shares of the company traded hands, compared to its average volume of 2,511,835. The firm has a fifty day simple moving average of $61.00 and a 200 day simple moving average of $60.37. The firm has a market cap of $24.50 billion, a P/E ratio of -343.50, a price-to-earnings-growth ratio of 2.48 and a beta of 1.37. Ventas, Inc. has a 1-year low of $41.45 and a 1-year high of $67.61. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.39.
Ventas Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, January 16th. Shareholders of record on Tuesday, December 31st will be paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 3.08%. The ex-dividend date of this dividend is Tuesday, December 31st. Ventas's dividend payout ratio (DPR) is currently -1,058.76%.
Insider Buying and Selling at Ventas
In related news, CEO Debra A. Cafaro sold 6,004 shares of Ventas stock in a transaction on Friday, October 25th. The shares were sold at an average price of $66.11, for a total value of $396,924.44. Following the completion of the sale, the chief executive officer now owns 986,717 shares of the company's stock, valued at approximately $65,231,860.87. The trade was a 0.60 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.00% of the company's stock.
Wall Street Analysts Forecast Growth
A number of brokerages have recently issued reports on VTR. Scotiabank boosted their target price on Ventas from $59.00 to $65.00 and gave the stock a "sector perform" rating in a research report on Friday, October 11th. Wells Fargo & Company raised shares of Ventas from an "equal weight" rating to an "overweight" rating and upped their price objective for the company from $61.00 to $71.00 in a research note on Tuesday, October 1st. Mizuho dropped their target price on shares of Ventas from $71.00 to $68.00 and set an "outperform" rating on the stock in a research report on Thursday, December 5th. Robert W. Baird upped their price target on shares of Ventas from $65.00 to $66.00 and gave the company a "neutral" rating in a research report on Friday, December 20th. Finally, Wedbush reiterated an "outperform" rating and set a $75.00 price objective on shares of Ventas in a research report on Thursday, December 19th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $65.67.
View Our Latest Stock Report on VTR
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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