Envestnet Asset Management Inc. Has $21.31 Million Holdings in Ventas, Inc. (NYSE:VTR)

Envestnet Asset Management Inc. lessened its position in Ventas, Inc. (NYSE:VTR - Free Report) by 6.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 361,798 shares of the real estate investment trust's stock after selling 24,078 shares during the period. Envestnet Asset Management Inc. owned approximately 0.09% of Ventas worth $21,306,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of VTR. Resona Asset Management Co. Ltd. acquired a new stake in shares of Ventas in the fourth quarter valued at approximately $13,676,000. Pitcairn Co. raised its stake in Ventas by 124.9% during the 4th quarter. Pitcairn Co. now owns 12,289 shares of the real estate investment trust's stock valued at $724,000 after acquiring an additional 6,824 shares in the last quarter. ExodusPoint Capital Management LP boosted its position in Ventas by 25.2% during the 4th quarter. ExodusPoint Capital Management LP now owns 163,498 shares of the real estate investment trust's stock worth $9,628,000 after acquiring an additional 32,937 shares during the period. Huntington National Bank grew its stake in shares of Ventas by 59.7% in the fourth quarter. Huntington National Bank now owns 2,496 shares of the real estate investment trust's stock worth $147,000 after purchasing an additional 933 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA increased its holdings in shares of Ventas by 7.0% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 5,802,402 shares of the real estate investment trust's stock valued at $341,703,000 after purchasing an additional 382,080 shares during the period. 94.18% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, CAO Gregory R. Liebbe sold 3,866 shares of Ventas stock in a transaction on Thursday, February 13th. The stock was sold at an average price of $63.00, for a total transaction of $243,558.00. Following the transaction, the chief accounting officer now owns 11,371 shares in the company, valued at approximately $716,373. The trade was a 25.37 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Debra A. Cafaro sold 214,679 shares of the stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $68.22, for a total value of $14,645,401.38. Following the completion of the sale, the chief executive officer now directly owns 1,138,143 shares of the company's stock, valued at approximately $77,644,115.46. This represents a 15.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 304,778 shares of company stock valued at $20,934,891. Company insiders own 1.00% of the company's stock.

Analyst Ratings Changes

VTR has been the subject of several research analyst reports. Argus set a $75.00 price objective on shares of Ventas in a report on Friday, March 7th. Royal Bank of Canada upped their price target on shares of Ventas from $70.00 to $74.00 and gave the stock an "outperform" rating in a research note on Tuesday, February 25th. Scotiabank raised their price objective on shares of Ventas from $69.00 to $72.00 and gave the company a "sector perform" rating in a research note on Friday, February 28th. Mizuho boosted their target price on Ventas from $68.00 to $75.00 and gave the stock an "outperform" rating in a report on Tuesday, March 18th. Finally, Robert W. Baird raised Ventas from a "neutral" rating to an "outperform" rating and decreased their price target for the company from $66.00 to $65.00 in a research note on Friday, January 17th. Four research analysts have rated the stock with a hold rating, seven have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, Ventas currently has an average rating of "Moderate Buy" and an average price target of $72.90.

Ventas Price Performance

Shares of VTR traded up $0.16 during trading hours on Friday, hitting $67.79. 2,903,497 shares of the company were exchanged, compared to its average volume of 2,677,659. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.85 and a quick ratio of 0.85. The company has a market capitalization of $29.67 billion, a PE ratio of 356.82, a PEG ratio of 2.59 and a beta of 1.02. The firm has a fifty day simple moving average of $67.22 and a 200-day simple moving average of $63.59. Ventas, Inc. has a one year low of $42.66 and a one year high of $71.36.

Ventas (NYSE:VTR - Get Free Report) last issued its quarterly earnings results on Wednesday, February 12th. The real estate investment trust reported $0.81 earnings per share for the quarter, topping analysts' consensus estimates of ($0.02) by $0.83. Ventas had a return on equity of 0.82% and a net margin of 1.65%. As a group, sell-side analysts predict that Ventas, Inc. will post 3.4 earnings per share for the current year.

Ventas Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Monday, March 31st were given a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 2.83%. The ex-dividend date was Monday, March 31st. This is an increase from Ventas's previous quarterly dividend of $0.45. Ventas's dividend payout ratio is 1,010.53%.

Ventas Company Profile

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.