abrdn plc Acquires 131,202 Shares of Ventas, Inc. (NYSE:VTR)

abrdn plc grew its position in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 13.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,092,561 shares of the real estate investment trust's stock after purchasing an additional 131,202 shares during the period. abrdn plc owned approximately 0.26% of Ventas worth $64,051,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. ST Germain D J Co. Inc. purchased a new stake in shares of Ventas during the fourth quarter valued at approximately $27,000. Harbor Capital Advisors Inc. increased its stake in shares of Ventas by 66.2% in the fourth 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 bought a new stake in shares of Ventas in the fourth quarter worth $41,000. Global X Japan Co. Ltd. bought a new stake in shares of Ventas in the third quarter worth $48,000. Finally, Morse Asset Management Inc bought a new stake in shares of Ventas in the third quarter worth $64,000. Hedge funds and other institutional investors own 94.18% of the company's stock.

Ventas Price Performance

VTR stock traded up $0.07 during trading on Friday, hitting $60.60. The company had a trading volume of 1,383,342 shares, compared to its average volume of 2,191,754. The firm has a market capitalization of $25.42 billion, a price-to-earnings ratio of -356.47, a P/E/G ratio of 2.62 and a beta of 1.37. The business has a 50 day moving average of $59.60 and a 200 day moving average of $61.21. Ventas, Inc. has a fifty-two week low of $41.45 and a fifty-two week 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.

Ventas Announces Dividend

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

Analysts Set New Price Targets

VTR has been the subject of a number of research analyst reports. Baird R W upgraded shares of Ventas from a "hold" rating to a "strong-buy" rating in a research note on Friday, January 17th. Robert W. Baird upgraded shares of Ventas from a "neutral" rating to an "outperform" rating and dropped their price target for the stock from $66.00 to $65.00 in a research note on Friday, January 17th. Scotiabank lifted 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. Wedbush restated an "outperform" rating and issued a $75.00 price target on shares of Ventas in a research note on Thursday, December 19th. Finally, StockNews.com raised shares of Ventas from a "sell" rating to a "hold" rating in a report on Friday, January 17th. Two analysts have rated the stock with a hold rating, six have assigned a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, Ventas currently has an average rating of "Buy" and a consensus price target of $68.71.

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.