Ventas, Inc. (NYSE:VTR) Shares Sold by Old North State Wealth Management LLC

Old North State Wealth Management LLC lessened its position in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 63.2% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 38,943 shares of the real estate investment trust's stock after selling 66,934 shares during the quarter. Old North State Wealth Management LLC's holdings in Ventas were worth $2,295,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Ventas by 862.7% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,932,017 shares of the real estate investment trust's stock valued at $252,160,000 after buying an additional 3,523,594 shares during the period. Massachusetts Financial Services Co. MA lifted its position in shares of Ventas by 105.2% in the third quarter. Massachusetts Financial Services Co. MA now owns 5,420,322 shares of the real estate investment trust's stock valued at $347,605,000 after acquiring an additional 2,778,408 shares in the last quarter. FMR LLC lifted its position in shares of Ventas by 4.4% in the third quarter. FMR LLC now owns 23,364,810 shares of the real estate investment trust's stock valued at $1,498,385,000 after acquiring an additional 982,795 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Ventas by 2.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 27,557,480 shares of the real estate investment trust's stock valued at $1,767,261,000 after purchasing an additional 599,600 shares during the last quarter. Finally, State Street Corp lifted its holdings in Ventas by 2.2% in the 3rd quarter. State Street Corp now owns 26,671,227 shares of the real estate investment trust's stock valued at $1,710,426,000 after purchasing an additional 581,870 shares in the last quarter. 94.18% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on VTR shares. StockNews.com raised shares of Ventas from a "sell" rating to a "hold" rating in a research note on Friday, January 17th. Scotiabank raised their price target on shares of Ventas from $68.00 to $69.00 and gave the stock a "sector perform" rating in a research note on Monday, January 27th. Mizuho decreased their price target on shares of Ventas from $71.00 to $68.00 and set an "outperform" rating on the stock in a research note on Thursday, December 5th. Wedbush reaffirmed an "outperform" rating and set a $75.00 price target on shares of Ventas in a research note on Thursday, December 19th. Finally, Baird R W raised shares of Ventas from a "hold" rating to a "strong-buy" rating in a research report on Friday, January 17th. Two research analysts have rated the stock with a hold rating, six have given a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Buy" and a consensus target price of $68.71.

Ventas Stock Up 0.1 %

Shares of VTR traded up $0.07 during mid-day trading on Friday, reaching $60.60. 1,383,342 shares of the stock traded hands, compared to its average volume of 2,191,754. The firm has a market cap of $25.42 billion, a price-to-earnings ratio of -356.47, a P/E/G ratio of 2.62 and a beta of 1.37. The stock has a fifty day simple moving average of $59.60 and a 200 day simple moving average of $61.21. Ventas, Inc. has a 12-month low of $41.45 and a 12-month 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 declared a quarterly dividend, which was paid on Thursday, January 16th. Investors of record on Tuesday, December 31st were paid a $0.45 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.97%. Ventas's dividend payout ratio (DPR) is presently -1,058.76%.

About Ventas

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.