Kentucky Trust Co Makes New Investment in Ventas, Inc. (NYSE:VTR)

Kentucky Trust Co bought a new position in Ventas, Inc. (NYSE:VTR - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 22,540 shares of the real estate investment trust's stock, valued at approximately $1,327,000.

Other large investors also recently modified their holdings of the company. Friedenthal Financial increased its holdings in shares of Ventas by 1,183.7% during the third quarter. Friedenthal Financial now owns 12,773 shares of the real estate investment trust's stock valued at $819,000 after purchasing an additional 11,778 shares during the period. Tandem Capital Management Corp ADV increased its holdings in shares of Ventas by 62.1% during the third quarter. Tandem Capital Management Corp ADV now owns 27,730 shares of the real estate investment trust's stock valued at $1,778,000 after purchasing an additional 10,620 shares during the period. Healthcare of Ontario Pension Plan Trust Fund increased its holdings in shares of Ventas by 7.9% during the third 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 purchasing an additional 24,300 shares during the period. abrdn plc increased its holdings in shares of Ventas by 28.7% during the third quarter. abrdn plc now owns 961,359 shares of the real estate investment trust's stock valued at $61,878,000 after purchasing an additional 214,384 shares during the period. Finally, Northwest & Ethical Investments L.P. increased its holdings in shares of Ventas by 480.7% during the third quarter. Northwest & Ethical Investments L.P. now owns 26,214 shares of the real estate investment trust's stock valued at $1,681,000 after purchasing an additional 21,700 shares during the period. 94.18% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Wedbush raised their price target on Ventas from $69.00 to $78.00 and gave the company an "outperform" rating in a report on Friday. Mizuho lowered their price target on Ventas from $71.00 to $68.00 and set an "outperform" rating on the stock in a report on Thursday, December 5th. Baird R W raised Ventas from a "hold" rating to a "strong-buy" rating in a research note on Friday, January 17th. Robert W. Baird raised Ventas from a "neutral" rating to an "outperform" rating and decreased their target price for the company from $66.00 to $65.00 in a research note on Friday, January 17th. Finally, StockNews.com raised Ventas from a "sell" rating to a "hold" rating in a research note on Friday, January 17th. Two investment analysts have rated the stock with a hold rating, six have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of $69.14.

Ventas Trading Up 2.5 %

Shares of NYSE:VTR traded up $1.63 during midday trading on Friday, reaching $66.57. The company had a trading volume of 4,227,448 shares, compared to its average volume of 2,191,754. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.04 and a current ratio of 1.04. Ventas, Inc. has a 1-year low of $41.45 and a 1-year high of $67.61. The firm has a market cap of $27.93 billion, a price-to-earnings ratio of -391.55, a price-to-earnings-growth ratio of 2.62 and a beta of 1.37. The company has a fifty day simple moving average of $59.59 and a two-hundred day simple moving average of $61.51.

Ventas (NYSE:VTR - Get Free Report) last released its quarterly earnings results on Wednesday, February 12th. The real estate investment trust reported $0.81 earnings per share for the quarter, beating analysts' consensus estimates of ($0.02) by $0.83. Ventas had a negative return on equity of 0.69% and a negative net margin of 1.38%. Research analysts predict that Ventas, Inc. will post 3.16 earnings per share for the current year.

Ventas Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Monday, March 31st will be given a $0.48 dividend. This is a positive change from Ventas's previous quarterly dividend of $0.45. The ex-dividend date is Monday, March 31st. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.88%. Ventas's dividend payout ratio (DPR) is -1,058.76%.

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.