KPP Advisory Services LLC Makes New Investment in Ventas, Inc. (NYSE:VTR)

KPP Advisory Services LLC purchased a new position in Ventas, Inc. (NYSE:VTR) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 4,960 shares of the real estate investment trust’s stock, valued at approximately $292,000.

A number of other institutional investors and hedge funds have also made changes to their positions in VTR. JPMorgan Chase & Co. raised its holdings in Ventas by 2.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 27,557,480 shares of the real estate investment trust’s stock worth $1,767,261,000 after acquiring an additional 599,600 shares during the last quarter. State Street Corp grew its holdings in Ventas by 2.2% during the third quarter. State Street Corp now owns 26,671,227 shares of the real estate investment trust’s stock valued at $1,710,426,000 after purchasing an additional 581,870 shares during the period. FMR LLC increased its holdings in Ventas by 4.4% in the 3rd quarter. FMR LLC now owns 23,364,810 shares of the real estate investment trust’s stock worth $1,498,385,000 after acquiring an additional 982,795 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Ventas by 2.4% during the 3rd quarter. Geode Capital Management LLC now owns 10,411,293 shares of the real estate investment trust’s stock valued at $665,559,000 after purchasing an additional 245,922 shares during the period. Finally, Massachusetts Financial Services Co. MA raised its holdings in Ventas by 105.2% during the third quarter. Massachusetts Financial Services Co. MA now owns 5,420,322 shares of the real estate investment trust’s stock valued at $347,605,000 after acquiring an additional 2,778,408 shares during the period. Institutional investors own 94.18% of the company’s stock.

Ventas Stock Up 1.5 %

Shares of NYSE VTR opened at $61.30 on Tuesday. Ventas, Inc. has a 12-month low of $41.45 and a 12-month high of $67.61. The stock’s fifty day simple moving average is $59.94 and its two-hundred day simple moving average is $61.06. The stock has a market capitalization of $25.72 billion, a PE ratio of -360.57, a price-to-earnings-growth ratio of 2.61 and a beta of 1.37. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.39.

Ventas Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 16th. Investors of record on Tuesday, December 31st were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 2.94%. The ex-dividend date of this dividend was Tuesday, December 31st. Ventas’s dividend payout ratio is currently -1,058.76%.

Analyst Ratings Changes

VTR has been the topic of several research analyst reports. Scotiabank boosted their target price on shares of Ventas from $68.00 to $69.00 and gave the stock a “sector perform” rating in a report on Monday, January 27th. Mizuho cut their target price on Ventas from $71.00 to $68.00 and set an “outperform” rating on the stock in a research report on Thursday, December 5th. StockNews.com raised shares of Ventas from a “sell” rating to a “hold” rating in a research report on Friday, January 17th. Wedbush restated an “outperform” rating and set a $75.00 price objective on shares of Ventas in a report on Thursday, December 19th. Finally, Robert W. Baird raised Ventas from a “neutral” rating to an “outperform” rating and cut their price objective for the company from $66.00 to $65.00 in a research report on Friday, January 17th. Two analysts have rated the stock with a hold rating, six have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of $68.71.

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.