LBP AM SA boosted its stake in Ventas, Inc. (NYSE:VTR - Free Report) by 58.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 487,570 shares of the real estate investment trust's stock after buying an additional 180,337 shares during the quarter. LBP AM SA owned approximately 0.12% of Ventas worth $28,713,000 as of its most recent SEC filing.
Several other large investors have also bought and sold shares of VTR. D.A. Davidson & CO. increased its position in shares of Ventas by 0.5% during the fourth quarter. D.A. Davidson & CO. now owns 34,973 shares of the real estate investment trust's stock valued at $2,060,000 after acquiring an additional 172 shares during the last quarter. Personal CFO Solutions LLC raised its stake in shares of Ventas by 3.4% during the 4th quarter. Personal CFO Solutions LLC now owns 5,186 shares of the real estate investment trust's stock worth $305,000 after purchasing an additional 172 shares during the period. Global Retirement Partners LLC boosted its holdings in shares of Ventas by 17.0% in the 4th quarter. Global Retirement Partners LLC now owns 1,221 shares of the real estate investment trust's stock worth $72,000 after buying an additional 177 shares during the last quarter. Carmel Capital Partners LLC grew its position in Ventas by 2.5% during the fourth quarter. Carmel Capital Partners LLC now owns 7,947 shares of the real estate investment trust's stock valued at $468,000 after buying an additional 195 shares during the period. Finally, Eastern Bank increased its holdings in Ventas by 6.4% during the fourth quarter. Eastern Bank now owns 3,308 shares of the real estate investment trust's stock worth $195,000 after buying an additional 200 shares during the last quarter. 94.18% of the stock is currently owned by institutional investors.
Insiders Place Their Bets
In related news, CAO Gregory R. Liebbe sold 3,866 shares of the stock in a transaction 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 transaction, the chief accounting officer now owns 11,371 shares of the company's stock, valued at approximately $716,373. This trade represents a 25.37 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Debra A. Cafaro sold 214,679 shares of the business's stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $68.22, for a total transaction of $14,645,401.38. Following the completion of the sale, the chief executive officer now directly owns 1,138,143 shares of the company's stock, valued at $77,644,115.46. This represents a 15.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 260,227 shares of company stock valued at $17,769,097 over the last quarter. 1.00% of the stock is owned by corporate insiders.
Ventas Price Performance
Shares of VTR stock traded down $0.64 during trading on Tuesday, hitting $68.11. The company had a trading volume of 2,888,440 shares, compared to its average volume of 2,384,279. The stock's 50-day moving average is $63.21 and its two-hundred day moving average is $62.96. The stock has a market capitalization of $29.77 billion, a price-to-earnings ratio of 358.50, a price-to-earnings-growth ratio of 2.59 and a beta of 1.37. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.25. Ventas, Inc. has a 52 week low of $41.45 and a 52 week high of $71.04.
Ventas (NYSE:VTR - Get Free Report) last announced its earnings results on Wednesday, February 12th. The real estate investment trust reported $0.81 earnings per share (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, analysts predict that Ventas, Inc. will post 3.4 EPS for the current fiscal year.
Ventas Increases Dividend
The company also recently announced 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 an increase from Ventas's previous quarterly dividend of $0.45. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.92 dividend on an annualized basis and a yield of 2.82%. Ventas's payout ratio is presently 1,010.53%.
Wall Street Analyst Weigh In
VTR has been the subject of a number of research reports. JPMorgan Chase & Co. increased their target price on shares of Ventas from $71.00 to $73.00 and gave the company a "neutral" rating in a research report on Friday, March 7th. Argus set a $75.00 target price on Ventas in a research note on Friday, March 7th. Wedbush increased their price target on Ventas from $69.00 to $78.00 and gave the stock an "outperform" rating in a research note on Friday, February 14th. Royal Bank of Canada upped their price objective on shares of Ventas from $70.00 to $74.00 and gave the company an "outperform" rating in a report on Tuesday, February 25th. Finally, Morgan Stanley lifted their target price on shares of Ventas from $65.00 to $70.00 and gave the stock an "equal weight" rating in a research note on Tuesday, March 11th. Four investment analysts have rated the stock with a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $72.90.
Get Our Latest Stock Report on VTR
About Ventas
(
Free Report)
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.
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