Lindbrook Capital LLC Purchases 239 Shares of Ventas, Inc. (NYSE:VTR)

Lindbrook Capital LLC grew its position in shares of Ventas, Inc. (NYSE:VTR) by 6.6% in the 4th quarter, HoldingsChannel reports. The firm owned 3,881 shares of the real estate investment trust’s stock after acquiring an additional 239 shares during the quarter. Lindbrook Capital LLC’s holdings in Ventas were worth $193,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VTR. abrdn plc raised its holdings in shares of Ventas by 9.9% during the 4th quarter. abrdn plc now owns 751,648 shares of the real estate investment trust’s stock valued at $37,462,000 after buying an additional 67,881 shares in the last quarter. Heirloom Wealth Management bought a new position in Ventas during the fourth quarter valued at approximately $200,000. Greenleaf Trust raised its stake in shares of Ventas by 38.7% during the fourth quarter. Greenleaf Trust now owns 15,204 shares of the real estate investment trust’s stock worth $758,000 after acquiring an additional 4,240 shares in the last quarter. Federated Hermes Inc. lifted its holdings in shares of Ventas by 161.0% in the 4th quarter. Federated Hermes Inc. now owns 4,604 shares of the real estate investment trust’s stock worth $229,000 after acquiring an additional 2,840 shares during the last quarter. Finally, Livforsakringsbolaget Skandia Omsesidigt boosted its stake in shares of Ventas by 73.5% in the 4th quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 1,480 shares of the real estate investment trust’s stock valued at $74,000 after purchasing an additional 627 shares in the last quarter. 94.18% of the stock is currently owned by hedge funds and other institutional investors.

Ventas Price Performance

Shares of NYSE VTR opened at $43.13 on Tuesday. The firm has a fifty day simple moving average of $43.30 and a two-hundred day simple moving average of $45.04. Ventas, Inc. has a 12 month low of $39.33 and a 12 month high of $50.99. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.51 and a current ratio of 0.51.

Ventas Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 18th. Investors of record on Monday, April 1st were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 4.17%. The ex-dividend date was Thursday, March 28th. Ventas’s payout ratio is currently -1,636.21%.

Analysts Set New Price Targets

A number of brokerages recently commented on VTR. Mizuho lifted their target price on shares of Ventas from $53.00 to $56.00 and gave the stock a “buy” rating in a research report on Wednesday, January 3rd. Wells Fargo & Company reiterated an “equal weight” rating and issued a $46.00 price objective (down previously from $52.00) on shares of Ventas in a report on Monday, February 26th. StockNews.com cut Ventas from a “hold” rating to a “sell” rating in a report on Tuesday, February 13th. Bank of America raised Ventas from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $48.00 to $53.00 in a research note on Tuesday, January 16th. Finally, Evercore ISI raised Ventas from an “in-line” rating to an “outperform” rating and set a $50.00 price objective for the company in a research note on Monday, March 18th. One research analyst has rated the stock with a sell rating, three have given a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Ventas presently has a consensus rating of “Moderate Buy” and a consensus price target of $51.54.

Ventas Profile

Ventas Inc (NYSE: VTR) is a leading S&P 500 real estate investment trust focused on delivering strong, sustainable shareholder returns by enabling exceptional environments that benefit a large and growing aging population. The Company's growth is fueled by its senior housing communities, which provide valuable services to residents and enable them to thrive in supported environments.