Ventas, Inc. $VTR Stock: Curated Wealth Partners LLC Cuts Stake

Curated Wealth Partners LLC lessened its position in shares of Ventas, Inc. (NYSE:VTR) by 78.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,896 shares of the real estate investment trust’s stock after selling 17,721 shares during the period. Curated Wealth Partners LLC’s holdings in Ventas were worth $416,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in VTR. Angeles Wealth Management LLC lifted its position in shares of Ventas by 3.3% during the 2nd quarter. Angeles Wealth Management LLC now owns 3,439 shares of the real estate investment trust’s stock worth $307,000 after buying an additional 110 shares during the last quarter. Versant Capital Management Inc raised its stake in Ventas by 18.7% during the third quarter. Versant Capital Management Inc now owns 933 shares of the real estate investment trust’s stock worth $79,000 after acquiring an additional 147 shares in the last quarter. Sequoia Financial Advisors LLC raised its stake in Ventas by 1.2% during the first quarter. Sequoia Financial Advisors LLC now owns 12,894 shares of the real estate investment trust’s stock worth $1,054,000 after acquiring an additional 148 shares in the last quarter. Eastern Bank lifted its holdings in shares of Ventas by 5.0% in the third quarter. Eastern Bank now owns 3,230 shares of the real estate investment trust’s stock worth $275,000 after acquiring an additional 155 shares during the last quarter. Finally, Modern Wealth Management LLC boosted its position in Ventas by 6.2% in the first quarter. Modern Wealth Management LLC now owns 3,204 shares of the real estate investment trust’s stock valued at $263,000 after buying an additional 188 shares in the last quarter. Institutional investors own 94.18% of the company’s stock.

Analyst Ratings Changes

VTR has been the subject of a number of research reports. Cantor Fitzgerald raised their price objective on shares of Ventas from $97.00 to $102.00 and gave the company an “overweight” rating in a report on Friday, July 31st. Barclays reduced their target price on shares of Ventas from $102.00 to $91.00 and set an “equal weight” rating on the stock in a report on Tuesday. Royal Bank Of Canada upped their price target on shares of Ventas from $98.00 to $99.00 and gave the company an “outperform” rating in a research report on Friday, August 14th. Jefferies Financial Group started coverage on shares of Ventas in a research note on Tuesday, September 15th. They set a “buy” rating and a $102.00 price target for the company. Finally, Scotiabank raised their price target on shares of Ventas from $93.00 to $95.00 and gave the company a “sector perform” rating in a research note on Wednesday, September 2nd. Fourteen investment 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 $98.78.

Ventas Stock Up 1.0%

Shares of NYSE:VTR opened at $85.75 on Friday. The company has a market capitalization of $43.99 billion, a price-to-earnings ratio of 23.06, a P/E/G ratio of 3.31 and a beta of 0.72. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.44 and a quick ratio of 0.44. The business’s 50-day moving average is $88.28 and its 200-day moving average is $87.93. Ventas, Inc. has a 1 year low of $68.15 and a 1 year high of $101.60.

Ventas (NYSE:VTR) last announced its earnings results on Wednesday, July 29th. The real estate investment trust reported $0.97 EPS for the quarter, beating the consensus estimate of $0.96 by $0.01. Ventas had a return on equity of 1.99% and a net margin of 4.08%. The company had revenue of $1.73 billion for the quarter, compared to analyst estimates of $1.68 billion. During the same quarter in the prior year, the company earned $0.87 EPS. The firm’s revenue for the quarter was up 21.7% compared to the same quarter last year. Equities research analysts predict that Ventas, Inc. will post 3.89 earnings per share for the current year.

Ventas Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th were given a dividend of $0.52 per share. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $2.08 annualized dividend and a dividend yield of 2.4%. Ventas’s dividend payout ratio (DPR) is 385.19%.

Ventas Company Profile

Ventas, Inc is a real estate investment trust (REIT) focused on owning and managing healthcare and senior housing properties. Its portfolio includes senior living communities, outpatient medical buildings, hospitals, research and innovation facilities, and other properties serving the healthcare industry.

The company generates revenue primarily by leasing its properties to healthcare providers, senior housing operators, academic institutions, and other tenants. Ventas may also participate in property operations through management and operating arrangements, particularly in senior living, while working with experienced third-party operators and healthcare partners.

Ventas serves markets across the United States, Canada, and the United Kingdom.