Community Financial Services Group LLC Sells 6,020 Shares of Ventas, Inc. (NYSE:VTR)

Community Financial Services Group LLC reduced its position in Ventas, Inc. (NYSE:VTR) by 44.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 7,533 shares of the real estate investment trust’s stock after selling 6,020 shares during the period. Community Financial Services Group LLC’s holdings in Ventas were worth $444,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Friedenthal Financial raised its position in shares of Ventas by 1,183.7% in the third quarter. Friedenthal Financial now owns 12,773 shares of the real estate investment trust’s stock valued at $819,000 after purchasing an additional 11,778 shares during the period. Tandem Capital Management Corp ADV raised its holdings in Ventas by 62.1% during the 3rd quarter. Tandem Capital Management Corp ADV now owns 27,730 shares of the real estate investment trust’s stock valued at $1,778,000 after acquiring an additional 10,620 shares during the period. Healthcare of Ontario Pension Plan Trust Fund lifted its position in shares of Ventas by 7.9% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 332,300 shares of the real estate investment trust’s stock worth $21,310,000 after acquiring an additional 24,300 shares in the last quarter. abrdn plc boosted its holdings in shares of Ventas by 28.7% in the third quarter. abrdn plc now owns 961,359 shares of the real estate investment trust’s stock worth $61,878,000 after acquiring an additional 214,384 shares during the period. Finally, Northwest & Ethical Investments L.P. boosted its holdings in shares of Ventas by 480.7% in the third quarter. Northwest & Ethical Investments L.P. now owns 26,214 shares of the real estate investment trust’s stock worth $1,681,000 after acquiring an additional 21,700 shares during the period. Institutional investors own 94.18% of the company’s stock.

Ventas Trading Down 0.3 %

VTR stock opened at $59.56 on Wednesday. The firm has a 50 day simple moving average of $59.55 and a two-hundred day simple moving average of $61.37. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.04 and a quick ratio of 1.04. Ventas, Inc. has a one year low of $41.45 and a one year high of $67.61.

Ventas Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, January 16th. Investors of record on Tuesday, December 31st were paid a $0.45 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $1.80 dividend on an annualized basis and a yield of 3.02%. Ventas’s dividend payout ratio is presently -1,058.76%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on VTR shares. Wedbush reissued an “outperform” rating and set a $75.00 price objective on shares of Ventas in a report on Thursday, December 19th. Robert W. Baird upgraded Ventas from a “neutral” rating to an “outperform” rating and decreased their price target for the company from $66.00 to $65.00 in a research report on Friday, January 17th. Baird R W upgraded shares of Ventas from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 17th. Mizuho decreased their target price on shares of Ventas from $71.00 to $68.00 and set an “outperform” rating on the stock in a report on Thursday, December 5th. Finally, StockNews.com upgraded shares of Ventas from a “sell” rating to a “hold” rating in a research note on Friday, January 17th. Two equities research analysts have rated the stock with a hold rating, six have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price 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.