Ventas, Inc. (VTR) Shares Sold by Redpoint Investment Management Pty Ltd

Redpoint Investment Management Pty Ltd cut its stake in shares of Ventas, Inc. (NYSE:VTR) by 0.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 58,512 shares of the real estate investment trust’s stock after selling 386 shares during the quarter. Redpoint Investment Management Pty Ltd’s holdings in Ventas were worth $3,428,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently made changes to their positions in VTR. Reilly Financial Advisors LLC purchased a new position in shares of Ventas during the fourth quarter worth approximately $35,000. Eukles Asset Management purchased a new position in shares of Ventas during the fourth quarter worth approximately $48,000. Atlas Capital Advisors LLC purchased a new position in shares of Ventas during the fourth quarter worth approximately $56,000. Quadrant Capital Group LLC raised its stake in shares of Ventas by 30.7% during the fourth quarter. Quadrant Capital Group LLC now owns 1,813 shares of the real estate investment trust’s stock worth $95,000 after acquiring an additional 426 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. raised its stake in shares of Ventas by 11.5% during the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 1,776 shares of the real estate investment trust’s stock worth $104,000 after acquiring an additional 183 shares in the last quarter. Institutional investors and hedge funds own 86.02% of the company’s stock.

Shares of NYSE VTR opened at $64.27 on Monday. The company has a current ratio of 0.53, a quick ratio of 0.56 and a debt-to-equity ratio of 1.04. Ventas, Inc. has a 52 week low of $46.55 and a 52 week high of $65.70. The firm has a market capitalization of $22.91 billion, a P/E ratio of 15.79, a PEG ratio of 5.03 and a beta of 0.33.

Ventas (NYSE:VTR) last issued its earnings results on Friday, February 8th. The real estate investment trust reported $0.96 EPS for the quarter, topping the consensus estimate of $0.95 by $0.01. Ventas had a net margin of 10.93% and a return on equity of 3.54%. The company had revenue of $923.26 million for the quarter, compared to the consensus estimate of $913.92 million. During the same period in the previous year, the firm earned $1.03 earnings per share. The firm’s revenue for the quarter was up 3.1% on a year-over-year basis. On average, analysts anticipate that Ventas, Inc. will post 3.84 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Monday, January 14th. Investors of record on Wednesday, January 2nd were paid a $0.7925 dividend. This represents a $3.17 annualized dividend and a dividend yield of 4.93%. This is an increase from Ventas’s previous quarterly dividend of $0.79. The ex-dividend date of this dividend was Monday, December 31st. Ventas’s payout ratio is presently 77.89%.

Several research analysts have commented on VTR shares. Zacks Investment Research downgraded shares of Ventas from a “hold” rating to a “sell” rating in a research note on Monday, December 31st. ValuEngine raised shares of Ventas from a “hold” rating to a “buy” rating in a research note on Friday, November 16th. Royal Bank of Canada downgraded shares of Ventas from an “outperform” rating to a “sector perform” rating and set a $59.00 price target on the stock. in a research note on Friday, November 2nd. JPMorgan Chase & Co. started coverage on shares of Ventas in a research note on Tuesday, October 30th. They set a “neutral” rating and a $60.00 price target on the stock. Finally, Stifel Nicolaus set a $55.00 price target on shares of Ventas and gave the stock a “hold” rating in a research note on Monday, October 29th. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and two have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $57.38.

In related news, EVP T Richard Riney sold 15,288 shares of Ventas stock in a transaction on Tuesday, November 20th. The shares were sold at an average price of $62.50, for a total value of $955,500.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 1.40% of the stock is owned by insiders.

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Ventas Company Profile

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, life science and innovation centers, inpatient rehabilitation and long-term acute care facilities, health systems and skilled nursing facilities.

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Institutional Ownership by Quarter for Ventas (NYSE:VTR)

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