Ventas, Inc. (VTR) Position Boosted by Parametric Portfolio Associates LLC

Parametric Portfolio Associates LLC increased its stake in Ventas, Inc. (NYSE:VTR) by 6.9% during the first quarter, HoldingsChannel.com reports. The fund owned 1,180,645 shares of the real estate investment trust’s stock after buying an additional 75,972 shares during the period. Parametric Portfolio Associates LLC’s holdings in Ventas were worth $75,337,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. BlackRock Inc. increased its holdings in Ventas by 2.8% in the fourth quarter. BlackRock Inc. now owns 36,732,621 shares of the real estate investment trust’s stock worth $2,152,165,000 after purchasing an additional 988,708 shares in the last quarter. Cohen & Steers Inc. increased its holdings in Ventas by 543.7% in the fourth quarter. Cohen & Steers Inc. now owns 10,509,102 shares of the real estate investment trust’s stock worth $615,728,000 after purchasing an additional 8,876,600 shares in the last quarter. Geode Capital Management LLC increased its holdings in Ventas by 8.8% in the fourth quarter. Geode Capital Management LLC now owns 5,762,889 shares of the real estate investment trust’s stock worth $337,172,000 after purchasing an additional 467,757 shares in the last quarter. Bank of America Corp DE increased its holdings in Ventas by 0.6% in the fourth quarter. Bank of America Corp DE now owns 4,354,494 shares of the real estate investment trust’s stock worth $255,130,000 after purchasing an additional 28,112 shares in the last quarter. Finally, Norges Bank bought a new stake in Ventas in the fourth quarter worth approximately $197,608,000. 87.18% of the stock is currently owned by institutional investors.

A number of equities research analysts have weighed in on VTR shares. ValuEngine upgraded Ventas from a “hold” rating to a “buy” rating in a report on Friday, May 17th. Morgan Stanley started coverage on Ventas in a report on Thursday, March 28th. They issued an “equal weight” rating and a $61.00 target price for the company. Deutsche Bank lifted their target price on Ventas from $54.00 to $57.00 and gave the stock a “hold” rating in a report on Friday, March 29th. BMO Capital Markets lifted their target price on Ventas from $62.00 to $64.00 and gave the stock a “market perform” rating in a report on Monday, March 4th. Finally, Raymond James upgraded Ventas from an “underperform” rating to a “market perform” rating in a report on Tuesday, April 30th. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and one has given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $59.46.

In other news, Director Robert D. Reed sold 3,440 shares of the business’s stock in a transaction that occurred on Friday, March 22nd. The stock was sold at an average price of $63.89, for a total transaction of $219,781.60. Following the completion of the sale, the director now owns 47,709 shares in the company, valued at $3,048,128.01. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP John D. Cobb sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, March 28th. The shares were sold at an average price of $64.88, for a total value of $648,800.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 23,493 shares of company stock valued at $1,502,970. Corporate insiders own 1.40% of the company’s stock.

NYSE VTR opened at $65.94 on Monday. The company has a market cap of $23.63 billion, a PE ratio of 16.20, a PEG ratio of 8.42 and a beta of 0.30. Ventas, Inc. has a 52 week low of $51.80 and a 52 week high of $66.24. The company has a quick ratio of 0.56, a current ratio of 0.56 and a debt-to-equity ratio of 1.05.

Ventas (NYSE:VTR) last released its quarterly earnings data on Friday, April 26th. The real estate investment trust reported $0.99 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.96 by $0.03. The firm had revenue of $942.80 million during the quarter, compared to the consensus estimate of $908.61 million. Ventas had a return on equity of 4.04% and a net margin of 12.19%. The company’s quarterly revenue was down .1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.22 earnings per share. On average, equities analysts anticipate that Ventas, Inc. will post 3.82 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 12th. Stockholders of record on Monday, July 1st will be issued a dividend of $0.7925 per share. The ex-dividend date of this dividend is Friday, June 28th. This represents a $3.17 annualized dividend and a dividend yield of 4.81%. Ventas’s dividend payout ratio is 77.89%.

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Ventas 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, university-based research and innovation centers, inpatient rehabilitation and long-term acute care facilities, and health systems.

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Institutional Ownership by Quarter for Ventas (NYSE:VTR)

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