Ventas, Inc. (VTR) to Issue Quarterly Dividend of $0.45 on January 19th

Ventas, Inc. (NYSE:VTRGet Rating) announced a quarterly dividend on Wednesday, December 7th, RTT News reports. Investors of record on Tuesday, January 3rd will be paid a dividend of 0.45 per share by the real estate investment trust on Thursday, January 19th. This represents a $1.80 annualized dividend and a yield of 3.99%.

Ventas has decreased its dividend payment by an average of 17.1% annually over the last three years. Ventas has a dividend payout ratio of 692.3% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect Ventas to earn $3.10 per share next year, which means the company should continue to be able to cover its $1.80 annual dividend with an expected future payout ratio of 58.1%.

Ventas Trading Up 3.0 %

NYSE:VTR opened at $45.14 on Friday. The company has a market cap of $18.04 billion, a PE ratio of -410.36, a P/E/G ratio of 3.54 and a beta of 1.17. The business’s 50 day moving average is $41.22 and its two-hundred day moving average is $47.26. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 1.17. Ventas has a 52 week low of $35.33 and a 52 week high of $64.02.

Institutional Investors Weigh In On Ventas

Hedge funds and other institutional investors have recently bought and sold shares of the business. Fairfield Bush & CO. bought a new stake in shares of Ventas in the 1st quarter worth approximately $41,000. First Manhattan Co. increased its stake in Ventas by 885.9% in the 1st quarter. First Manhattan Co. now owns 1,400 shares of the real estate investment trust’s stock worth $86,000 after purchasing an additional 1,258 shares in the last quarter. Lazard Asset Management LLC raised its holdings in Ventas by 41.9% during the 1st quarter. Lazard Asset Management LLC now owns 2,223 shares of the real estate investment trust’s stock worth $137,000 after buying an additional 656 shares during the period. qPULA Trading Management LP purchased a new stake in Ventas during the first quarter valued at about $204,000. Finally, Fund Management at Engine No. 1 LLC acquired a new position in shares of Ventas in the first quarter worth about $209,000. 92.67% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

VTR has been the topic of several research analyst reports. Credit Suisse Group reduced their price objective on Ventas from $63.00 to $48.00 and set an “outperform” rating on the stock in a research note on Tuesday, November 1st. Evercore ISI dropped their price objective on shares of Ventas to $50.00 in a research note on Thursday, October 13th. StockNews.com cut shares of Ventas from a “hold” rating to a “sell” rating in a report on Saturday, October 22nd. Morgan Stanley upped their target price on Ventas from $44.50 to $45.00 and gave the company an “equal weight” rating in a report on Wednesday, November 23rd. Finally, Raymond James lowered Ventas from a “strong-buy” rating to an “outperform” rating and reduced their price objective for the company from $55.00 to $46.00 in a research report on Tuesday, November 1st. One research analyst has rated the stock with a sell rating, two have given a hold rating and twelve have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $57.57.

Ventas Company Profile

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Ventas, an S&P 500 company, operates at the intersection of two powerful and dynamic industries – 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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Dividend History for Ventas (NYSE:VTR)

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