Koshinski Asset Management Inc. Sells 644 Shares of Ventas, Inc. (NYSE:VTR)

Koshinski Asset Management Inc. cut its position in Ventas, Inc. (NYSE:VTR) by 7.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,642 shares of the real estate investment trust’s stock after selling 644 shares during the quarter. Koshinski Asset Management Inc.’s holdings in Ventas were worth $450,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in VTR. Friedenthal Financial grew its position in shares of Ventas by 1,183.7% in the third quarter. Friedenthal Financial now owns 12,773 shares of the real estate investment trust’s stock valued at $819,000 after purchasing an additional 11,778 shares in the last quarter. Tandem Capital Management Corp ADV grew its position in shares of Ventas by 62.1% in the third quarter. Tandem Capital Management Corp ADV now owns 27,730 shares of the real estate investment trust’s stock valued at $1,778,000 after purchasing an additional 10,620 shares in the last quarter. Perpetual Ltd purchased a new position in shares of Ventas in the third quarter valued at $544,000. Healthcare of Ontario Pension Plan Trust Fund grew its position in shares of Ventas by 7.9% in the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 332,300 shares of the real estate investment trust’s stock valued at $21,310,000 after purchasing an additional 24,300 shares in the last quarter. Finally, abrdn plc grew its position in shares of Ventas by 28.7% in the third quarter. abrdn plc now owns 961,359 shares of the real estate investment trust’s stock valued at $61,878,000 after purchasing an additional 214,384 shares in the last quarter. 94.18% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently weighed in on VTR shares. Mizuho reduced their price target on Ventas from $71.00 to $68.00 and set an “outperform” rating for the company in a research report on Thursday, December 5th. Wedbush restated an “outperform” rating and set a $75.00 target price on shares of Ventas in a research report on Thursday, December 19th. Wells Fargo & Company upgraded Ventas from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $61.00 to $71.00 in a research report on Tuesday, October 1st. StockNews.com upgraded Ventas from a “sell” rating to a “hold” rating in a research report on Friday, January 17th. Finally, Baird R W upgraded Ventas from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 17th. Two analysts have rated the stock with a hold rating, seven have issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $67.13.

Ventas Trading Down 3.2 %

NYSE VTR opened at $58.35 on Thursday. Ventas, Inc. has a 1-year low of $41.45 and a 1-year high of $67.61. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.39. The stock has a 50-day moving average of $60.55 and a 200-day moving average of $60.64. The firm has a market cap of $24.48 billion, a PE ratio of -343.22, a price-to-earnings-growth ratio of 2.55 and a beta of 1.37.

Ventas Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, January 16th. Stockholders of record on Tuesday, December 31st were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 3.08%. The ex-dividend date was Tuesday, December 31st. Ventas’s dividend payout ratio (DPR) is presently -1,058.76%.

Insider Activity

In other Ventas news, CEO Debra A. Cafaro sold 121,248 shares of the company’s stock in a transaction that occurred on Tuesday, October 29th. The stock was sold at an average price of $66.17, for a total transaction of $8,022,980.16. Following the completion of the transaction, the chief executive officer now owns 986,717 shares of the company’s stock, valued at $65,291,063.89. This represents a 10.94 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 1.00% of the stock is currently owned by corporate 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.