Trustcore Financial Services LLC raised its holdings in shares of Ventas, Inc. (NYSE:VTR) by 2.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,325 shares of the real estate investment trust’s stock after purchasing an additional 222 shares during the period. Trustcore Financial Services LLC’s holdings in Ventas were worth $546,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in VTR. Benjamin F. Edwards & Company Inc. grew its holdings in shares of Ventas by 11.5% during the 4th 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 during the period. BB&T Corp grew its holdings in shares of Ventas by 0.5% during the 4th quarter. BB&T Corp now owns 55,178 shares of the real estate investment trust’s stock worth $3,233,000 after acquiring an additional 257 shares during the period. First Hawaiian Bank grew its stake in shares of Ventas by 2.2% in the 4th quarter. First Hawaiian Bank now owns 13,476 shares of the real estate investment trust’s stock worth $790,000 after buying an additional 291 shares during the last quarter. Quadrant Capital Group LLC grew its stake in shares of Ventas by 30.7% in the 4th quarter. Quadrant Capital Group LLC now owns 1,813 shares of the real estate investment trust’s stock worth $95,000 after buying an additional 426 shares during the last quarter. Finally, Beacon Financial Group grew its stake in shares of Ventas by 0.3% in the 4th quarter. Beacon Financial Group now owns 123,893 shares of the real estate investment trust’s stock worth $7,354,000 after buying an additional 431 shares during the last quarter. 86.02% of the stock is owned by institutional investors and hedge funds.
VTR traded down $0.73 during trading on Monday, hitting $63.54. 51,107 shares of the company’s stock traded hands, compared to its average volume of 1,974,819. 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 12-month low of $46.55 and a 12-month high of $65.70. The company has a market cap of $22.91 billion, a price-to-earnings ratio of 15.60, a P/E/G 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, beating the consensus estimate of $0.95 by $0.01. Ventas had a return on equity of 3.54% and a net margin of 10.93%. The business had revenue of $923.26 million for the quarter, compared to the consensus estimate of $913.92 million. During the same period last year, the business posted $1.03 EPS. The company’s revenue was up 3.1% compared to the same quarter last year. As a group, research analysts forecast that Ventas, Inc. will post 3.84 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Monday, January 14th. Shareholders of record on Wednesday, January 2nd were paid a dividend of $0.7925 per share. This represents a $3.17 annualized dividend and a yield of 4.99%. This is an increase from Ventas’s previous quarterly dividend of $0.79. The ex-dividend date was Monday, December 31st. Ventas’s dividend payout ratio (DPR) is currently 77.89%.
In other Ventas news, EVP T Richard Riney sold 15,288 shares of the stock in a transaction on Tuesday, November 20th. The stock was sold at an average price of $62.50, for a total transaction of $955,500.00. The sale was disclosed in a filing with the SEC, which is available through this link. Company insiders own 1.40% of the company’s stock.
Several analysts recently weighed in on VTR shares. TheStreet downgraded Ventas from a “b” rating to a “c+” rating in a research note on Friday, October 26th. Royal Bank of Canada downgraded 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. ValuEngine upgraded Ventas from a “sell” rating to a “hold” rating in a research note on Wednesday, October 17th. Stifel Nicolaus set a $55.00 price target on Ventas and gave the stock a “hold” rating in a research note on Monday, October 29th. Finally, JPMorgan Chase & Co. started coverage on Ventas in a research note on Tuesday, October 30th. They issued a “neutral” rating and a $60.00 price target on the stock. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and two have issued a buy rating to the stock. Ventas has an average rating of “Hold” and an average target price of $57.38.
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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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