Barber Financial Group Inc. bought a new position in shares of Ventas, Inc. (NYSE:VTR) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 9,023 shares of the real estate investment trust’s stock, valued at approximately $564,000.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Synovus Financial Corp raised its position in Ventas by 7.8% in the third quarter. Synovus Financial Corp now owns 2,083 shares of the real estate investment trust’s stock worth $147,000 after buying an additional 150 shares during the period. CWM LLC purchased a new position in Ventas during the third quarter worth about $170,000. Bremer Trust National Association purchased a new position in Ventas during the third quarter worth about $207,000. Quadrature Capital Ltd purchased a new position in Ventas during the third quarter worth about $207,000. Finally, Advisor Partners LLC purchased a new position in Ventas during the third quarter worth about $212,000. Institutional investors own 91.98% of the company’s stock.
Shares of Ventas, Inc. (NYSE:VTR) traded down 1.28% during mid-day trading on Friday, reaching $61.77. 596,920 shares of the company’s stock traded hands. Ventas, Inc. has a 1-year low of $50.92 and a 1-year high of $76.80. The company has a market capitalization of $21.91 billion, a P/E ratio of 33.26 and a beta of 0.08. The firm has a 50-day moving average price of $61.90 and a 200-day moving average price of $65.83.
Ventas (NYSE:VTR) last issued its quarterly earnings results on Friday, February 10th. The real estate investment trust reported $1.03 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.02 by $0.01. The firm had revenue of $875.70 million for the quarter. Ventas had a return on equity of 6.42% and a net margin of 18.85%. The company’s revenue for the quarter was up 4.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.37 EPS. On average, equities research analysts forecast that Ventas, Inc. will post $1.77 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, March 31st. Investors of record on Tuesday, March 7th will be paid a $0.775 dividend. The ex-dividend date of this dividend is Friday, March 3rd. This represents a $3.10 dividend on an annualized basis and a yield of 4.95%. Ventas’s dividend payout ratio is currently 166.67%.
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A number of research analysts have issued reports on the stock. Mizuho restated a “buy” rating and issued a $84.00 target price on shares of Ventas in a report on Monday, October 24th. Zacks Investment Research upgraded shares of Ventas from a “hold” rating to a “buy” rating and set a $76.00 target price on the stock in a report on Tuesday, November 1st. Jefferies Group LLC restated a “hold” rating and issued a $58.00 target price on shares of Ventas in a report on Tuesday, January 31st. BMO Capital Markets restated a “sell” rating and issued a $55.00 target price on shares of Ventas in a report on Tuesday, January 10th. Finally, Hilliard Lyons upgraded shares of Ventas from an “underperform” rating to a “neutral” rating in a report on Friday, November 11th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $62.80.
Ventas Company Profile
Ventas, Inc is a healthcare real estate investment trust (REIT) with its properties located throughout the United States, Canada and the United Kingdom. The Company operates through three segments: triple-net leased properties, senior living operations and MOB operations. In its triple-net leased properties segment, the Company acquires and owns seniors housing and healthcare properties throughout the United States and the United Kingdom.
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