Mitsubishi UFJ Kokusai Asset Management Co. Ltd. grew its holdings in Ventas, Inc. (NYSE:VTR) by 5.7% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 115,173 shares of the real estate investment trust’s stock after buying an additional 6,226 shares during the quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd.’s holdings in Ventas were worth $7,349,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of the company. Securian Asset Management Inc lifted its holdings in shares of Ventas by 16.5% in the 1st quarter. Securian Asset Management Inc now owns 383,296 shares of the real estate investment trust’s stock valued at $24,459,000 after buying an additional 54,399 shares during the period. FTB Advisors Inc. increased its stake in Ventas by 30.7% in the 1st quarter. FTB Advisors Inc. now owns 852 shares of the real estate investment trust’s stock valued at $54,000 after purchasing an additional 200 shares in the last quarter. World Asset Management Inc increased its stake in Ventas by 6.8% in the 1st quarter. World Asset Management Inc now owns 27,754 shares of the real estate investment trust’s stock valued at $1,771,000 after purchasing an additional 1,765 shares in the last quarter. Great Valley Advisor Group Inc. purchased a new position in Ventas in the 1st quarter valued at approximately $217,000. Finally, Private Capital Group LLC increased its stake in Ventas by 98.3% in the 1st quarter. Private Capital Group LLC now owns 3,115 shares of the real estate investment trust’s stock valued at $199,000 after purchasing an additional 1,544 shares in the last quarter. 88.57% of the stock is owned by institutional investors and hedge funds.
In other news, Director James D. Shelton sold 5,940 shares of the firm’s stock in a transaction on Thursday, March 28th. The stock was sold at an average price of $64.79, for a total transaction of $384,852.60. Following the sale, the director now owns 46,860 shares in the company, valued at $3,036,059.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Gregory R. Liebbe sold 4,113 shares of the firm’s stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of $60.67, for a total value of $249,535.71. Following the sale, the chief accounting officer now owns 14,627 shares in the company, valued at approximately $887,420.09. The disclosure for this sale can be found here. Insiders have sold 111,577 shares of company stock valued at $7,149,673 in the last three months. 1.40% of the stock is currently owned by company insiders.
Ventas stock opened at $60.56 on Monday. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 1.04. The firm has a market cap of $21.64 billion, a price-to-earnings ratio of 14.88, a P/E/G ratio of 8.37 and a beta of 0.32. Ventas, Inc. has a fifty-two week low of $48.65 and a fifty-two week high of $65.70.
Ventas (NYSE:VTR) last released its quarterly earnings results on Friday, April 26th. The real estate investment trust reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.96 by $0.03. The company 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 3.54% and a net margin of 10.93%. Ventas’s revenue was down .1% compared to the same quarter last year. During the same quarter last year, the business posted $0.22 earnings per share. On average, research analysts anticipate that Ventas, Inc. will post 3.81 EPS for the current year.
The business also recently declared a quarterly dividend, which was paid on Friday, April 12th. Shareholders of record on Monday, April 1st were given a dividend of $0.7925 per share. This represents a $3.17 annualized dividend and a yield of 5.23%. The ex-dividend date of this dividend was Friday, March 29th. Ventas’s payout ratio is 77.89%.
Several equities analysts recently weighed in on the company. Zacks Investment Research downgraded Ventas from a “hold” rating to a “sell” rating in a research note on Monday, December 31st. Deutsche Bank raised their price objective on Ventas from $54.00 to $57.00 and gave the company a “hold” rating in a research note on Friday, March 29th. BMO Capital Markets raised their price objective on Ventas from $60.00 to $62.00 and gave the company a “market perform” rating in a research note on Monday, February 11th. Morgan Stanley assumed coverage on Ventas in a research note on Thursday, March 28th. They issued an “equal weight” rating and a $61.00 price objective for the company. Finally, ValuEngine downgraded Ventas from a “buy” rating to a “hold” rating in a research note on Tuesday, April 16th. Three research analysts have rated the stock with a sell rating and eleven have issued a hold rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $59.33.
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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, university-based research and innovation centers, inpatient rehabilitation and long-term acute care facilities, health systems and skilled nursing facilities.
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