Corient Private Wealth LLC Reduces Position in Ventas, Inc. (NYSE:VTR)

Corient Private Wealth LLC lowered its position in Ventas, Inc. (NYSE:VTR - Free Report) by 4.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 143,761 shares of the real estate investment trust's stock after selling 7,272 shares during the period. Corient Private Wealth LLC's holdings in Ventas were worth $8,466,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. ST Germain D J Co. Inc. purchased a new position in shares of Ventas during the 4th quarter valued at approximately $27,000. Harbor Capital Advisors Inc. lifted its holdings in Ventas by 66.2% during the fourth quarter. Harbor Capital Advisors Inc. now owns 527 shares of the real estate investment trust's stock valued at $31,000 after purchasing an additional 210 shares in the last quarter. Promus Capital LLC acquired a new stake in shares of Ventas in the fourth quarter valued at about $38,000. New Wave Wealth Advisors LLC purchased a new stake in shares of Ventas during the fourth quarter worth about $41,000. Finally, SRS Capital Advisors Inc. increased its stake in shares of 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 purchasing an additional 738 shares in the last quarter. Institutional investors and hedge funds own 94.18% of the company's stock.

Ventas Trading Down 0.9 %

Shares of NYSE VTR traded down $0.60 during midday trading on Tuesday, reaching $67.61. 3,428,710 shares of the stock were exchanged, compared to its average volume of 2,411,512. Ventas, Inc. has a twelve month low of $41.45 and a twelve month high of $71.04. 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 stock has a market capitalization of $29.56 billion, a P/E ratio of 355.86, a PEG ratio of 2.59 and a beta of 1.37. The company has a 50 day simple moving average of $64.21 and a 200 day simple moving average of $63.15.

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

Ventas Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Monday, March 31st will be paid a dividend of $0.48 per share. The ex-dividend date is Monday, March 31st. This is a positive change from Ventas's previous quarterly dividend of $0.45. This represents a $1.92 dividend on an annualized basis and a yield of 2.84%. Ventas's dividend payout ratio is 1,010.53%.

Insider Transactions at Ventas

In other Ventas news, CEO Debra A. Cafaro sold 214,679 shares of the stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $68.22, for a total transaction of $14,645,401.38. Following the sale, the chief executive officer now directly owns 1,138,143 shares in the company, valued at $77,644,115.46. This represents a 15.87 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Gregory R. Liebbe sold 3,866 shares of the firm'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 of the company's stock, valued at $716,373. This represents a 25.37 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 260,227 shares of company stock valued at $17,769,097. 1.00% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on VTR shares. JPMorgan Chase & Co. lifted their price objective on Ventas from $71.00 to $73.00 and gave the stock a "neutral" rating in a report on Friday, March 7th. Scotiabank lifted their price target on Ventas from $69.00 to $72.00 and gave the stock a "sector perform" rating in a research note on Friday, February 28th. Robert W. Baird raised Ventas from a "neutral" rating to an "outperform" rating and reduced their price objective for the company 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, Morgan Stanley increased their target price on shares of Ventas from $65.00 to $70.00 and gave the company an "equal weight" rating in a research report on Tuesday, March 11th. Four research analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, Ventas currently has a consensus rating of "Moderate Buy" and an average price target 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.