Macquarie Group Ltd. lessened its holdings in shares of Ventas, Inc. (NYSE:VTR) by 4.8% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 179,238 shares of the real estate investment trust’s stock after selling 8,987 shares during the period. Macquarie Group Ltd. owned 0.05% of Ventas worth $10,501,000 at the end of the most recent reporting period.
Other hedge funds have also made changes to their positions in the company. Rational Advisors LLC acquired a new stake in Ventas in the 4th quarter valued at approximately $34,000. Reilly Financial Advisors LLC acquired a new stake in Ventas in the 4th quarter valued at approximately $35,000. Oregon Public Employees Retirement Fund raised its position in Ventas by 5,686.9% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 2,253,547 shares of the real estate investment trust’s stock valued at $38,000 after buying an additional 2,214,605 shares during the last quarter. Berman Capital Advisors LLC acquired a new stake in Ventas in the 4th quarter valued at approximately $41,000. Finally, Eukles Asset Management acquired a new stake in Ventas in the 4th quarter valued at approximately $48,000. Institutional investors own 88.57% of the company’s stock.
NYSE:VTR traded up $1.08 during mid-day trading on Friday, hitting $60.56. 2,139,472 shares of the stock were exchanged, compared to its average volume of 2,104,655. The stock has a market cap of $21.19 billion, a P/E ratio of 14.88, a PEG ratio of 8.07 and a beta of 0.32. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 1.04. Ventas, Inc. has a fifty-two week low of $48.65 and a fifty-two week high of $65.70.
The business also recently disclosed a quarterly dividend, which was paid on Friday, April 12th. Shareholders of record on Monday, April 1st were issued a $0.7925 dividend. The ex-dividend date of this dividend was Friday, March 29th. This represents a $3.17 annualized dividend and a yield of 5.23%. Ventas’s dividend payout ratio is presently 77.89%.
In other Ventas news, CFO Robert F. Probst sold 10,000 shares of Ventas stock in a transaction on Tuesday, February 12th. The stock was sold at an average price of $63.31, for a total value of $633,100.00. Following the completion of the transaction, the chief financial officer now directly owns 100,064 shares of the company’s stock, valued at approximately $6,335,051.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Gregory R. Liebbe sold 4,113 shares of Ventas stock in a transaction on Wednesday, March 20th. The shares were 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 directly owns 14,627 shares of the company’s stock, valued at $887,420.09. The disclosure for this sale can be found here. Insiders sold a total of 111,577 shares of company stock valued at $7,149,673 over the last ninety days. Insiders own 1.40% of the company’s stock.
A number of research analysts have weighed in on VTR shares. ValuEngine downgraded Ventas from a “buy” rating to a “hold” rating in a research note on Tuesday, April 16th. Zacks Investment Research downgraded Ventas from a “hold” rating to a “sell” rating in a research note on Monday, December 31st. Deutsche Bank raised their price target on Ventas from $54.00 to $57.00 and gave the company a “hold” rating in a research note on Friday, March 29th. BMO Capital Markets raised their price target on Ventas from $62.00 to $64.00 and gave the company a “market perform” rating in a research note on Monday, March 4th. Finally, Morgan Stanley started coverage on Ventas in a research note on Thursday, March 28th. They issued an “equal weight” rating and a $61.00 price target for the company. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $59.33.
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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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