Thomasville National Bank raised its stake in Ventas, Inc. (NYSE:VTR) by 14.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,240 shares of the real estate investment trust’s stock after acquiring an additional 3,469 shares during the period. Thomasville National Bank’s holdings in Ventas were worth $757,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. BlackRock Inc. increased its stake in shares of Ventas by 2.4% in the 4th quarter. BlackRock Inc. now owns 36,893,877 shares of the real estate investment trust’s stock valued at $1,809,276,000 after purchasing an additional 861,916 shares during the last quarter. FMR LLC increased its stake in shares of Ventas by 24.8% in the 4th quarter. FMR LLC now owns 15,796,628 shares of the real estate investment trust’s stock valued at $774,666,000 after purchasing an additional 3,135,110 shares during the last quarter. Daiwa Securities Group Inc. increased its stake in shares of Ventas by 1.1% in the 4th quarter. Daiwa Securities Group Inc. now owns 8,538,931 shares of the real estate investment trust’s stock valued at $418,750,000 after purchasing an additional 94,996 shares during the last quarter. Norges Bank bought a new position in shares of Ventas in the 4th quarter valued at $200,655,000. Finally, UBS Asset Management Americas Inc. increased its stake in shares of Ventas by 7.3% in the 4th quarter. UBS Asset Management Americas Inc. now owns 3,714,039 shares of the real estate investment trust’s stock valued at $182,136,000 after purchasing an additional 251,756 shares during the last quarter. 90.54% of the stock is owned by hedge funds and other institutional investors.
A number of equities research analysts recently weighed in on the company. Wells Fargo & Company boosted their price objective on Ventas from $40.00 to $50.00 in a research report on Thursday, March 11th. Zacks Investment Research upgraded Ventas from a “strong sell” rating to a “hold” rating and set a $58.00 price objective on the stock in a research report on Thursday. Morgan Stanley boosted their price objective on Ventas from $52.00 to $58.00 and gave the stock an “equal weight” rating in a research report on Monday, March 22nd. Royal Bank of Canada boosted their price objective on Ventas from $54.00 to $58.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 2nd. Finally, Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell upped their price target on Ventas from $35.00 to $50.00 in a research report on Tuesday, December 15th. Four research analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have given a buy rating to the stock. Ventas presently has a consensus rating of “Hold” and an average target price of $47.16.
VTR stock opened at $54.77 on Thursday. The firm has a market cap of $20.52 billion, a PE ratio of 49.55, a P/E/G ratio of 4.34 and a beta of 1.06. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 1.20. The business has a 50 day moving average of $54.34 and a 200-day moving average of $48.43. Ventas, Inc. has a 12-month low of $25.38 and a 12-month high of $58.10.
Ventas (NYSE:VTR) last released its earnings results on Thursday, February 18th. The real estate investment trust reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.73 by ($0.44). Ventas had a net margin of 10.49% and a return on equity of 3.88%. During the same period in the prior year, the business earned $0.03 earnings per share. On average, research analysts expect that Ventas, Inc. will post 3.17 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 14th. Shareholders of record on Thursday, April 1st will be issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 3.29%. The ex-dividend date is Wednesday, March 31st. Ventas’s dividend payout ratio (DPR) is 46.75%.
Ventas Company Profile
Ventas, an S&P 500 company, operates at the intersection of two powerful and dynamic industries Â- healthcare and real estate. As one of the world's foremost Real Estate Investment Trusts (REIT), we use the power of capital to unlock the value of real estate, partnering with leading care providers, developers, research and medical institutions, innovators and healthcare organizations whose success is buoyed by the demographic tailwind of an aging population.
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