National Bank of Canada FI Has $11.84 Million Stake in Ventas, Inc. (NYSE:VTR)

National Bank of Canada FI decreased its stake in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 4.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 200,989 shares of the real estate investment trust's stock after selling 10,130 shares during the period. National Bank of Canada FI's holdings in Ventas were worth $11,837,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. 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 position 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 buying an additional 210 shares in the last quarter. Promus Capital LLC acquired a new position in shares of Ventas during the 4th quarter worth about $38,000. New Wave Wealth Advisors LLC acquired a new stake in shares of Ventas in the fourth quarter valued at about $41,000. Finally, SRS Capital Advisors Inc. raised its holdings in Ventas by 1,039.4% during the fourth quarter. SRS Capital Advisors Inc. now owns 809 shares of the real estate investment trust's stock worth $48,000 after acquiring an additional 738 shares in the last quarter. 94.18% of the stock is currently owned by institutional investors and hedge funds.

Ventas Price Performance

Shares of NYSE VTR traded down $1.00 during midday trading on Thursday, reaching $64.59. The company's stock had a trading volume of 868,409 shares, compared to its average volume of 3,140,061. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.85 and a current ratio of 0.85. The company has a market cap of $28.27 billion, a P/E ratio of 340.38, a P/E/G ratio of 2.59 and a beta of 1.02. The business's 50 day moving average price is $66.27 and its two-hundred day moving average price is $63.43. Ventas, Inc. has a fifty-two week low of $41.45 and a fifty-two week high of $71.36.

Remove Ads

Ventas (NYSE:VTR - Get Free Report) last released its 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 return on equity of 0.82% and a net margin of 1.65%. On average, analysts forecast that Ventas, Inc. will post 3.4 EPS for the current fiscal year.

Ventas Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Monday, March 31st will be issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.97%. The ex-dividend date of this dividend is 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%.

Insider Buying and Selling

In related news, CAO Gregory R. Liebbe sold 3,866 shares of the company'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 directly owns 11,371 shares in the company, valued at $716,373. This represents a 25.37 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Debra A. Cafaro sold 388 shares of the business's stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $71.00, for a total value of $27,548.00. Following the sale, the chief executive officer now owns 1,128,143 shares in the company, valued at $80,098,153. This represents a 0.03 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 304,778 shares of company stock worth $20,934,891. Corporate insiders own 1.00% of the company's stock.

Analyst Upgrades and Downgrades

VTR has been the topic of several recent analyst reports. Morgan Stanley boosted their price target on Ventas from $65.00 to $70.00 and gave the stock an "equal weight" rating in a research report on Tuesday, March 11th. Baird R W raised shares of Ventas from a "hold" rating to a "strong-buy" rating in a research report on Friday, January 17th. Wells Fargo & Company lifted their price objective on shares of Ventas from $72.00 to $77.00 and gave the company an "overweight" rating in a research report on Monday, March 10th. StockNews.com upgraded shares of Ventas from a "sell" rating to a "hold" rating in a research note on Friday, January 17th. Finally, Mizuho boosted their price target on Ventas from $68.00 to $75.00 and gave the stock an "outperform" rating in a research report on Tuesday, March 18th. Four investment 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 company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $72.90.

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.