IFM Investors Pty Ltd increased its position in shares of Ventas, Inc. (NYSE:VTR) by 8.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,229 shares of the real estate investment trust’s stock after acquiring an additional 1,704 shares during the period. IFM Investors Pty Ltd’s holdings in Ventas were worth $1,418,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also recently made changes to their positions in VTR. Massey Quick Simon & CO. LLC purchased a new stake in shares of Ventas during the first quarter worth $26,000. Rational Advisors LLC purchased a new stake in shares of Ventas during the fourth quarter worth $34,000. Reilly Financial Advisors LLC purchased a new stake in shares of Ventas during the fourth quarter worth $35,000. Oregon Public Employees Retirement Fund raised its holdings in shares of Ventas by 5,686.9% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 2,253,547 shares of the real estate investment trust’s stock worth $38,000 after acquiring an additional 2,214,605 shares in the last quarter. Finally, Berman Capital Advisors LLC purchased a new stake in shares of Ventas during the fourth quarter worth $41,000. Institutional investors and hedge funds own 88.50% of the company’s stock.
Ventas stock opened at $59.03 on Friday. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.53 and a current ratio of 0.53. The stock has a market capitalization of $21.09 billion, a PE ratio of 14.50, a price-to-earnings-growth ratio of 8.58 and a beta of 0.32. Ventas, Inc. has a 52 week low of $46.55 and a 52 week high of $65.70.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 12th. Stockholders of record on Monday, April 1st were paid a $0.7925 dividend. The ex-dividend date was Friday, March 29th. This represents a $3.17 dividend on an annualized basis and a dividend yield of 5.37%. Ventas’s payout ratio is presently 77.89%.
VTR has been the subject of several recent research reports. Morgan Stanley initiated coverage on Ventas in a report on Thursday, March 28th. They set an “equal weight” rating and a $61.00 price objective for the company. ValuEngine lowered Ventas from a “buy” rating to a “hold” rating in a report on Tuesday, April 16th. Deutsche Bank raised their target price on Ventas from $54.00 to $57.00 and gave the company a “hold” rating in a report on Friday, March 29th. BMO Capital Markets raised their target price on Ventas from $62.00 to $64.00 and gave the company a “market perform” rating in a report on Monday, March 4th. Finally, Zacks Investment Research lowered Ventas from a “hold” rating to a “sell” rating in a report on Monday, December 31st. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and one has issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $59.33.
In other news, EVP John D. Cobb sold 10,000 shares of Ventas stock in a transaction dated Thursday, March 28th. The stock was sold at an average price of $64.88, for a total value of $648,800.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Gregory R. Liebbe sold 4,113 shares of Ventas stock in a transaction dated Wednesday, March 20th. The stock was sold at an average price of $60.67, for a total value of $249,535.71. Following the completion of the transaction, the chief accounting officer now owns 14,627 shares in the company, valued at $887,420.09. The disclosure for this sale can be found here. Insiders sold 111,577 shares of company stock worth $7,149,673 over the last quarter. 1.40% of the stock is currently owned by corporate insiders.
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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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