Mutual Advisors LLC lifted its stake in shares of Ventas, Inc. (NYSE:VTR) by 18.4% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,533 shares of the real estate investment trust’s stock after acquiring an additional 704 shares during the quarter. Mutual Advisors LLC’s holdings in Ventas were worth $331,000 at the end of the most recent reporting period.
Several other large investors also recently modified their holdings of VTR. Thomasville National Bank increased its position in shares of Ventas by 2.9% during the second quarter. Thomasville National Bank now owns 28,769 shares of the real estate investment trust’s stock worth $1,966,000 after acquiring an additional 808 shares during the period. Private Trust Co. NA purchased a new position in Ventas in the second quarter worth $276,000. Pensionfund DSM Netherlands grew its holdings in Ventas by 59.2% in the second quarter. Pensionfund DSM Netherlands now owns 99,482 shares of the real estate investment trust’s stock worth $6,800,000 after purchasing an additional 37,000 shares during the last quarter. Pensionfund Sabic grew its holdings in Ventas by 88.1% in the second quarter. Pensionfund Sabic now owns 53,362 shares of the real estate investment trust’s stock worth $3,648,000 after purchasing an additional 25,000 shares during the last quarter. Finally, Eii Capital Management Inc. grew its holdings in Ventas by 6.5% in the second quarter. Eii Capital Management Inc. now owns 72,438 shares of the real estate investment trust’s stock worth $4,951,000 after purchasing an additional 4,427 shares during the last quarter. 87.86% of the stock is currently owned by institutional investors and hedge funds.
Several research firms have issued reports on VTR. Stifel Nicolaus lowered shares of Ventas from a “buy” rating to a “hold” rating and cut their price target for the stock from $74.00 to $66.00 in a report on Wednesday, October 30th. Berenberg Bank began coverage on shares of Ventas in a report on Thursday, September 12th. They issued a “hold” rating and a $72.00 price target on the stock. Citigroup lowered shares of Ventas from a “buy” rating to a “neutral” rating and cut their price target for the stock from $76.00 to $67.00 in a report on Monday, October 28th. Morgan Stanley cut their price target on shares of Ventas from $73.00 to $67.00 and set an “equal weight” rating on the stock in a report on Wednesday. Finally, Barclays initiated coverage on shares of Ventas in a report on Tuesday, September 3rd. They issued an “equal weight” rating and a $74.00 price target on the stock. Two equities research analysts have rated the stock with a sell rating and fourteen have issued a hold rating to the company. The company currently has an average rating of “Hold” and an average target price of $66.58.
Shares of VTR stock traded up $0.29 during trading hours on Friday, hitting $60.29. The company had a trading volume of 30,643 shares, compared to its average volume of 2,475,850. The company’s fifty day moving average is $70.35 and its 200 day moving average is $68.38. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.72 and a quick ratio of 0.72. Ventas, Inc. has a fifty-two week low of $56.52 and a fifty-two week high of $75.40. The stock has a market capitalization of $22.54 billion, a PE ratio of 14.81, a price-to-earnings-growth ratio of 5.21 and a beta of 0.17.
Ventas (NYSE:VTR) last issued its quarterly earnings data on Friday, October 25th. The real estate investment trust reported $0.23 EPS for the quarter, missing the consensus estimate of $0.94 by ($0.71). Ventas had a return on equity of 4.59% and a net margin of 12.73%. The company had revenue of $983.16 million during the quarter, compared to analyst estimates of $935.43 million. During the same quarter in the prior year, the company posted $0.99 earnings per share. The business’s revenue was up 5.0% compared to the same quarter last year. Equities analysts forecast that Ventas, Inc. will post 3.84 earnings per share for the current year.
The firm also recently announced a — dividend, which was paid on Friday, October 11th. Shareholders of record on Tuesday, October 1st were issued a dividend of $0.7925 per share. The ex-dividend date of this dividend was Monday, September 30th. This represents a yield of 4.4%. Ventas’s dividend payout ratio (DPR) is presently 77.89%.
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, university-based research and innovation centers, inpatient rehabilitation and long-term acute care facilities, and health systems.
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