Vista Investment Management cut its holdings in Ventas, Inc. (NYSE:VTR) by 7.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 14,525 shares of the real estate investment trust’s stock after selling 1,227 shares during the quarter. Vista Investment Management’s holdings in Ventas were worth $851,000 at the end of the most recent quarter.
Several other hedge funds have also bought and sold shares of the stock. Atlas Capital Advisors LLC bought a new stake in shares of Ventas during the fourth quarter worth $56,000. Global Financial Private Capital LLC raised its holdings in shares of Ventas by 5.2% in the fourth quarter. Global Financial Private Capital LLC now owns 162,171 shares of the real estate investment trust’s stock valued at $9,508,000 after acquiring an additional 8,028 shares in the last quarter. Colony Group LLC raised its holdings in shares of Ventas by 3.3% in the fourth quarter. Colony Group LLC now owns 5,425 shares of the real estate investment trust’s stock valued at $318,000 after acquiring an additional 171 shares in the last quarter. Jefferies Group LLC bought a new stake in shares of Ventas in the third quarter valued at about $2,142,000. Finally, Nordea Investment Management AB bought a new stake in shares of Ventas in the third quarter valued at about $1,077,000. 88.49% of the stock is owned by hedge funds and other institutional investors.
Several analysts recently weighed in on VTR shares. BMO Capital Markets lifted their price objective on Ventas from $60.00 to $62.00 and gave the company a “market perform” rating in a report on Monday, February 11th. KeyCorp set a $55.00 price objective on Ventas and gave the company a “sell” rating in a report on Thursday, December 20th. Deutsche Bank lifted their price objective on Ventas from $54.00 to $57.00 and gave the company a “hold” rating in a report on Friday, March 29th. Morgan Stanley started coverage on Ventas in a report on Thursday, March 28th. They issued an “equal weight” rating and a $61.00 price objective for the company. Finally, Zacks Investment Research downgraded Ventas from a “hold” rating to a “sell” rating in a report on Monday, December 31st. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have assigned a buy rating to the stock. Ventas currently has an average rating of “Hold” and an average target price of $59.33.
Shares of VTR stock traded up $0.07 during trading hours on Monday, reaching $62.10. 1,322,200 shares of the company’s stock were exchanged, compared to its average volume of 2,066,286. Ventas, Inc. has a 1 year low of $46.55 and a 1 year high of $65.70. The firm has a market capitalization of $22.09 billion, a price-to-earnings ratio of 15.26, a PEG ratio of 8.55 and a beta of 0.32. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.53 and a current ratio of 0.53.
Ventas (NYSE:VTR) last issued its quarterly earnings results on Friday, February 8th. The real estate investment trust reported $0.96 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.95 by $0.01. Ventas had a return on equity of 3.54% and a net margin of 10.93%. The business had revenue of $923.26 million for the quarter, compared to analyst estimates of $913.92 million. During the same quarter in the previous year, the firm earned $1.03 earnings per share. The company’s revenue was up 3.1% on a year-over-year basis. As a group, equities analysts forecast that Ventas, Inc. will post 3.81 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which was paid on Friday, April 12th. Stockholders of record on Monday, April 1st were paid a dividend of $0.7925 per share. The ex-dividend date was Friday, March 29th. This represents a $3.17 dividend on an annualized basis and a dividend yield of 5.10%. Ventas’s payout ratio is 77.89%.
Ventas Company Profile
Ventas, Inc, an S&P 500 company, is a leading real estate investment trust. Its diverse portfolio of approximately 1,200 assets in the United States, Canada and the United Kingdom consists of seniors housing communities, medical office buildings, university-based research and innovation centers, inpatient rehabilitation and long-term acute care facilities, health systems and skilled nursing facilities.
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