Fjarde AP Fonden Fourth Swedish National Pension Fund acquired a new position in shares of Ventas, Inc. (NYSE:VTR – Free Report) in the fourth quarter, Holdings Channel reports. The fund acquired 76,227 shares of the real estate investment trust’s stock, valued at approximately $5,898,000.
Other hedge funds also recently added to or reduced their stakes in the company. GoalVest Advisory LLC acquired a new stake in Ventas during the 4th quarter worth approximately $26,000. Wiser Advisor Group LLC acquired a new stake in Ventas during the 3rd quarter worth approximately $27,000. Elyxium Wealth LLC acquired a new stake in Ventas during the 4th quarter worth approximately $33,000. True Wealth Design LLC lifted its position in Ventas by 32.0% during the 4th quarter. True Wealth Design LLC now owns 569 shares of the real estate investment trust’s stock worth $44,000 after acquiring an additional 138 shares during the period. Finally, AlphaQuest LLC lifted its holdings in shares of Ventas by 1,848.5% in the 3rd quarter. AlphaQuest LLC now owns 643 shares of the real estate investment trust’s stock valued at $45,000 after buying an additional 610 shares during the period. 94.18% of the stock is owned by institutional investors and hedge funds.
Ventas Stock Performance
NYSE VTR opened at $82.13 on Monday. Ventas, Inc. has a 1-year low of $61.76 and a 1-year high of $91.06. The company has a market capitalization of $39.93 billion, a P/E ratio of 149.33, a PEG ratio of 1.81 and a beta of 0.71. The business has a 50 day moving average price of $85.05 and a 200 day moving average price of $82.39. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.25 and a quick ratio of 0.25.
Ventas Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, July 16th. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.52 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.08 annualized dividend and a yield of 2.5%. Ventas’s dividend payout ratio (DPR) is presently 378.18%.
Wall Street Analysts Forecast Growth
Several research firms have recently commented on VTR. Jefferies Financial Group raised their price target on Ventas from $97.00 to $100.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. Royal Bank Of Canada raised their price target on Ventas from $91.00 to $98.00 and gave the company an “outperform” rating in a report on Monday, May 4th. Wells Fargo & Company raised their price target on Ventas from $93.00 to $96.00 and gave the company an “overweight” rating in a report on Monday, June 1st. Evercore reissued an “outperform” rating and issued a $95.00 price target on shares of Ventas in a report on Wednesday, April 29th. Finally, The Goldman Sachs Group reissued a “buy” rating and issued a $110.00 price target on shares of Ventas in a report on Tuesday, May 19th. Fourteen equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $95.19.
Check Out Our Latest Stock Analysis on Ventas
Insider Buying and Selling at Ventas
In other Ventas news, Director Walter C. Rakowich sold 1,152 shares of the firm’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $90.20, for a total transaction of $103,910.40. Following the completion of the transaction, the director owned 28,349 shares of the company’s stock, valued at approximately $2,557,079.80. This trade represents a 3.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Michael J. Embler purchased 2,500 shares of the company’s stock in a transaction on Wednesday, June 3rd. The shares were bought at an average cost of $78.81 per share, with a total value of $197,025.00. Following the transaction, the director directly owned 19,202 shares of the company’s stock, valued at $1,513,309.62. This represents a 14.97% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 0.53% of the company’s stock.
Ventas Profile
Ventas, Inc (NYSE: VTR) is a real estate investment trust (REIT) that specializes in healthcare-related real estate. The company acquires, owns and manages a diversified portfolio of properties serving the healthcare continuum, including senior housing communities, skilled nursing facilities, medical office buildings, life science and research centers, and other properties leased to healthcare providers and operators. Ventas generates revenue through long-term leases, property management and selective development activities focused on meeting the real estate needs of the healthcare sector.
Ventas’ business model combines property ownership with active asset management and capital markets activity.
See Also
- Five stocks we like better than Ventas
- These 3 Insurance Stocks Made New 52-Week Highs: Still Time to Buy?
- 3 Stocks Under $20 to Buy Before a Broader Market Rally
- Petco Faces Tough Competition, But Momentum Is Building
- The Lock-In Effect Is Real—These 3 Homebuilders Are Betting on It
Want to see what other hedge funds are holding VTR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ventas, Inc. (NYSE:VTR – Free Report).
Receive News & Ratings for Ventas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ventas and related companies with MarketBeat.com's FREE daily email newsletter.
