Brasada Capital Management LP Buys 5,293 Shares of Ventas, Inc. (NYSE:VTR)

Brasada Capital Management LP lifted its stake in shares of Ventas, Inc. (NYSE:VTR) by 36.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 19,788 shares of the real estate investment trust’s stock after acquiring an additional 5,293 shares during the quarter. Brasada Capital Management LP’s holdings in Ventas were worth $1,148,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. Morse Asset Management Inc bought a new stake in Ventas in the 3rd quarter valued at $64,000. Tidal Investments LLC increased its stake in Ventas by 18.4% in the third quarter. Tidal Investments LLC now owns 9,952 shares of the real estate investment trust’s stock valued at $634,000 after acquiring an additional 1,550 shares during the period. Synovus Financial Corp raised its position in Ventas by 11.7% in the third quarter. Synovus Financial Corp now owns 12,712 shares of the real estate investment trust’s stock worth $815,000 after purchasing an additional 1,336 shares in the last quarter. Franklin Resources Inc. raised its position in Ventas by 11.5% in the third quarter. Franklin Resources Inc. now owns 1,252,460 shares of the real estate investment trust’s stock worth $80,070,000 after purchasing an additional 128,945 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in Ventas by 2.2% during the third quarter. JPMorgan Chase & Co. now owns 27,557,480 shares of the real estate investment trust’s stock worth $1,767,261,000 after purchasing an additional 599,600 shares during the period. 94.18% of the stock is owned by institutional investors.

Ventas Stock Up 2.2 %

Shares of NYSE:VTR opened at $68.30 on Wednesday. The company has a market capitalization of $29.89 billion, a PE ratio of 359.48, a price-to-earnings-growth ratio of 2.59 and a beta of 1.02. Ventas, Inc. has a 1 year low of $42.88 and a 1 year high of $71.36. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.85 and a quick ratio of 0.85. The business has a fifty day moving average price of $67.43 and a two-hundred day moving average price of $63.66.

Ventas (NYSE:VTR) last posted its quarterly earnings data on Wednesday, February 12th. The real estate investment trust reported $0.81 EPS for the quarter, beating the consensus estimate of ($0.02) by $0.83. Ventas had a return on equity of 0.82% and a net margin of 1.65%. Analysts forecast that Ventas, Inc. will post 3.4 earnings per share for the current year.

Ventas Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Monday, March 31st were issued a dividend of $0.48 per share. The ex-dividend date was Monday, March 31st. This represents a $1.92 annualized dividend and a dividend yield of 2.81%. This is a positive change from Ventas’s previous quarterly dividend of $0.45. Ventas’s dividend payout ratio (DPR) is currently 1,010.53%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. Royal Bank of Canada lifted their price target on shares of Ventas from $70.00 to $74.00 and gave the company an “outperform” rating in a report on Tuesday, February 25th. Wedbush boosted their target price on Ventas from $69.00 to $78.00 and gave the stock an “outperform” rating in a report on Friday, February 14th. Argus set a $75.00 price target on Ventas in a report on Friday, March 7th. Scotiabank boosted their price objective on Ventas from $69.00 to $72.00 and gave the stock a “sector perform” rating in a research note on Friday, February 28th. Finally, JPMorgan Chase & Co. raised their target price on Ventas from $71.00 to $73.00 and gave the company a “neutral” rating in a research note on Friday, March 7th. Four equities research analysts have rated the stock with a hold rating, seven have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $72.90.

Insider Buying and Selling

In other Ventas news, CAO Gregory R. Liebbe sold 3,866 shares of the business’s stock in a transaction dated Thursday, February 13th. The shares were sold at an average price of $63.00, for a total value of $243,558.00. Following the transaction, the chief accounting officer now owns 11,371 shares in the company, valued at approximately $716,373. The trade was a 25.37 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Debra A. Cafaro sold 44,551 shares of the business’s stock in a transaction that occurred on Thursday, April 3rd. The shares were sold at an average price of $71.06, for a total value of $3,165,794.06. Following the transaction, the chief executive officer now directly owns 1,145,695 shares in the company, valued at $81,413,086.70. This trade represents a 3.74 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 304,778 shares of company stock worth $20,934,891 in the last 90 days. 1.00% of the stock is owned by company insiders.

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.