ANTIPODES PARTNERS Ltd lifted its position in Ventas, Inc. (NYSE:VTR – Free Report) by 2.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,483,586 shares of the real estate investment trust’s stock after buying an additional 33,670 shares during the period. Ventas makes up 3.0% of ANTIPODES PARTNERS Ltd’s holdings, making the stock its 13th largest position. ANTIPODES PARTNERS Ltd owned about 0.35% of Ventas worth $87,375,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently modified their holdings of VTR. ST Germain D J Co. Inc. acquired a new stake in shares of Ventas during the fourth quarter worth $27,000. Harbor Capital Advisors Inc. raised its position in shares of Ventas by 66.2% during the fourth quarter. Harbor Capital Advisors Inc. now owns 527 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 210 shares during the period. Promus Capital LLC acquired a new stake in shares of Ventas during the fourth quarter worth $38,000. New Wave Wealth Advisors LLC acquired a new stake in shares of Ventas during the fourth quarter worth $41,000. Finally, SRS Capital Advisors Inc. raised its position in shares of Ventas by 1,039.4% during the fourth quarter. SRS Capital Advisors Inc. now owns 809 shares of the real estate investment trust’s stock worth $48,000 after purchasing an additional 738 shares during the period. Institutional investors own 94.18% of the company’s stock.
Analysts Set New Price Targets
A number of brokerages have recently issued reports on VTR. Mizuho cut their target price on Ventas from $71.00 to $68.00 and set an “outperform” rating on the stock in a research report on Thursday, December 5th. Baird R W raised Ventas from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 17th. Argus set a $75.00 target price on Ventas in a research report on Friday, March 7th. Royal Bank of Canada upped their price target on Ventas from $70.00 to $74.00 and gave the company an “outperform” rating in a research report on Tuesday, February 25th. Finally, StockNews.com raised Ventas from a “sell” rating to a “hold” rating in a research report on Friday, January 17th. Four research analysts have rated the stock with a hold rating, seven have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, Ventas has an average rating of “Moderate Buy” and a consensus target price of $72.20.
Ventas Stock Performance
Shares of NYSE VTR opened at $66.31 on Thursday. The business’s 50-day moving average price is $62.64 and its two-hundred day moving average price is $62.80. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.85 and a quick ratio of 0.85. Ventas, Inc. has a one year low of $41.45 and a one year high of $71.04. The company has a market capitalization of $28.99 billion, a P/E ratio of 349.01, a price-to-earnings-growth ratio of 2.59 and a beta of 1.37.
Ventas (NYSE:VTR – Get Free Report) last issued its earnings results on Wednesday, February 12th. The real estate investment trust reported $0.81 EPS for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.83. Ventas had a return on equity of 0.82% and a net margin of 1.65%. Analysts anticipate that Ventas, Inc. will post 3.4 earnings per share for the current fiscal year.
Ventas Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Monday, March 31st will be issued a dividend of $0.48 per share. This is a positive change from Ventas’s previous quarterly dividend of $0.45. The ex-dividend date is Monday, March 31st. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.90%. Ventas’s dividend payout ratio is currently 1,010.53%.
Insider Activity
In other news, CAO Gregory R. Liebbe sold 3,866 shares of the stock in a transaction dated Thursday, February 13th. The stock was sold at an average price of $63.00, for a total transaction of $243,558.00. Following the transaction, the chief accounting officer now owns 11,371 shares of the company’s stock, valued at approximately $716,373. This represents a 25.37 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Debra A. Cafaro sold 41,294 shares of the stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $69.08, for a total value of $2,852,589.52. Following the transaction, the chief executive officer now directly owns 1,138,143 shares in the company, valued at approximately $78,622,918.44. This represents a 3.50 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 260,227 shares of company stock valued at $17,769,097. Insiders own 1.00% of the company’s stock.
Ventas Company Profile
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.
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