SVB Wealth LLC Invests $307,000 in Ventas, Inc. (NYSE:VTR)

SVB Wealth LLC purchased a new position in shares of Ventas, Inc. (NYSE:VTR) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 5,207 shares of the real estate investment trust’s stock, valued at approximately $307,000.

Several other institutional investors have also bought and sold shares of the stock. JPMorgan Chase & Co. increased its holdings in shares of 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 valued at $1,767,261,000 after purchasing an additional 599,600 shares during the period. State Street Corp increased its holdings in Ventas by 2.2% in the third quarter. State Street Corp now owns 26,671,227 shares of the real estate investment trust’s stock worth $1,710,426,000 after buying an additional 581,870 shares during the last quarter. FMR LLC boosted its position in Ventas by 4.4% during the third quarter. FMR LLC now owns 23,364,810 shares of the real estate investment trust’s stock worth $1,498,385,000 after purchasing an additional 982,795 shares during the period. Geode Capital Management LLC boosted its position in Ventas by 2.4% during the third quarter. Geode Capital Management LLC now owns 10,411,293 shares of the real estate investment trust’s stock worth $665,559,000 after purchasing an additional 245,922 shares during the period. Finally, Massachusetts Financial Services Co. MA boosted its position in shares of Ventas by 105.2% in 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 and hedge funds own 94.18% of the company’s stock.

Analysts Set New Price Targets

VTR has been the subject of several research reports. Robert W. Baird raised Ventas from a “neutral” rating to an “outperform” rating and reduced their price objective for the company from $66.00 to $65.00 in a research report on Friday, January 17th. Baird R W upgraded Ventas from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 17th. StockNews.com upgraded Ventas from a “sell” rating to a “hold” rating in a research note on Friday, January 17th. Mizuho lowered their target price on Ventas from $71.00 to $68.00 and set an “outperform” rating for the company in a research note on Thursday, December 5th. Finally, Scotiabank raised their price target on Ventas from $69.00 to $72.00 and gave the company a “sector perform” rating in a report on Friday, February 28th. Two equities research analysts have rated the stock with a hold rating, six have given a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, Ventas presently has an average rating of “Buy” and an average price target of $71.14.

Ventas Stock Performance

VTR opened at $70.50 on Thursday. The business has a fifty day simple moving average of $61.81 and a 200 day simple moving average of $62.51. The company has a market capitalization of $30.82 billion, a PE ratio of 371.07, a price-to-earnings-growth ratio of 2.59 and a beta of 1.37. Ventas, Inc. has a 1 year low of $41.45 and a 1 year high of $71.04. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.85 and a quick ratio of 0.85.

Ventas (NYSE:VTR) last released its quarterly earnings results on Wednesday, February 12th. The real estate investment trust reported $0.81 earnings per share (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%. Research analysts expect that Ventas, Inc. will post 3.4 EPS for the current year.

Ventas Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Monday, March 31st will be given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.72%. This is an increase from Ventas’s previous quarterly dividend of $0.45. The ex-dividend date is Monday, March 31st. Ventas’s dividend payout ratio is presently 1,010.53%.

Insider Activity

In other news, CAO Gregory R. Liebbe sold 3,866 shares of the business’s stock in a transaction on Thursday, February 13th. The stock was sold at an average price of $63.00, for a total transaction of $243,558.00. Following the completion of the transaction, the chief accounting officer now owns 11,371 shares of the company’s stock, valued at approximately $716,373. The trade was a 25.37 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Debra A. Cafaro sold 41,294 shares of the business’s stock in a transaction on Friday, February 28th. The stock was sold at an average price of $69.08, for a total value of $2,852,589.52. Following the transaction, the chief executive officer now directly owns 1,138,143 shares of the company’s stock, valued at $78,622,918.44. This trade represents a 3.50 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 260,227 shares of company stock worth $17,769,097. 1.00% of the stock is currently owned by company insiders.

Ventas Company 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.