KPP Advisory Services LLC Takes Position in Ventas, Inc. (NYSE:VTR)

KPP Advisory Services LLC purchased a new position in Ventas, Inc. (NYSE:VTR - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 4,960 shares of the real estate investment trust's stock, valued at approximately $292,000.

A number of other hedge funds also recently bought and sold shares of the business. ST Germain D J Co. Inc. purchased a new stake in shares of Ventas during the fourth quarter worth about $27,000. Harbor Capital Advisors Inc. boosted its holdings in Ventas by 66.2% in the 4th quarter. Harbor Capital Advisors Inc. now owns 527 shares of the real estate investment trust's stock worth $31,000 after buying an additional 210 shares during the last quarter. New Wave Wealth Advisors LLC purchased a new stake in Ventas during the 4th quarter worth approximately $41,000. Global X Japan Co. Ltd. acquired a new position in shares of Ventas during the third quarter valued at approximately $48,000. Finally, Morse Asset Management Inc acquired a new position in shares of Ventas during the third quarter valued at approximately $64,000. Hedge funds and other institutional investors own 94.18% of the company's stock.

Ventas Trading Up 0.1 %

VTR stock traded up $0.07 during trading on Friday, reaching $60.60. 1,383,342 shares of the stock were exchanged, compared to its average volume of 2,373,958. The business has a 50 day moving average price of $59.67 and a 200-day moving average price of $61.16. Ventas, Inc. has a 1 year low of $41.45 and a 1 year high of $67.61. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.39. The firm has a market capitalization of $25.42 billion, a price-to-earnings ratio of -356.47, a P/E/G ratio of 2.61 and a beta of 1.37.

Ventas Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 16th. Investors of record on Tuesday, December 31st were given a $0.45 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.80 annualized dividend and a yield of 2.97%. Ventas's payout ratio is -1,058.76%.

Analysts Set New Price Targets

VTR has been the subject of several research reports. Mizuho dropped their price target on Ventas from $71.00 to $68.00 and set an "outperform" rating for the company in a research report on Thursday, December 5th. Scotiabank increased their target price on shares of Ventas from $68.00 to $69.00 and gave the company a "sector perform" rating in a research report on Monday, January 27th. Robert W. Baird raised shares of Ventas from a "neutral" rating to an "outperform" rating and decreased their price target for the stock from $66.00 to $65.00 in a research note on Friday, January 17th. Baird R W raised shares of Ventas from a "hold" rating to a "strong-buy" rating in a research note on Friday, January 17th. Finally, Wedbush reissued an "outperform" rating and issued a $75.00 target price on shares of Ventas in a research note on Thursday, December 19th. Two investment analysts have rated the stock with a hold rating, six have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of $68.71.

Ventas 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.