Metis Global Partners LLC lifted its stake in shares of Ventas, Inc. (NYSE:VTR – Free Report) by 2.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 61,304 shares of the real estate investment trust’s stock after purchasing an additional 1,338 shares during the period. Metis Global Partners LLC’s holdings in Ventas were worth $3,610,000 as of its most recent filing with the SEC.
Other large investors have also modified their holdings of the company. Healthcare of Ontario Pension Plan Trust Fund lifted its position in shares of Ventas by 7.9% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 332,300 shares of the real estate investment trust’s stock worth $21,310,000 after purchasing an additional 24,300 shares during the last quarter. Northwest & Ethical Investments L.P. lifted its position in shares of Ventas by 480.7% during the third quarter. Northwest & Ethical Investments L.P. now owns 26,214 shares of the real estate investment trust’s stock worth $1,681,000 after purchasing an additional 21,700 shares during the last quarter. Presima Securities ULC lifted its position in shares of Ventas by 38.0% during the fourth quarter. Presima Securities ULC now owns 439,942 shares of the real estate investment trust’s stock worth $25,908,000 after purchasing an additional 121,193 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Ventas by 5.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 4,904,078 shares of the real estate investment trust’s stock worth $314,499,000 after purchasing an additional 231,352 shares during the last quarter. Finally, The Manufacturers Life Insurance Company lifted its position in shares of Ventas by 3.5% during the third quarter. The Manufacturers Life Insurance Company now owns 302,947 shares of the real estate investment trust’s stock worth $19,428,000 after purchasing an additional 10,134 shares during the last quarter. Institutional investors own 94.18% of the company’s stock.
Ventas Stock Performance
VTR opened at $69.18 on Friday. The business’s 50 day moving average is $61.14 and its 200-day moving average is $62.26. The stock has a market cap of $30.24 billion, a PE ratio of 364.12, a price-to-earnings-growth ratio of 2.59 and a beta of 1.37. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.25. Ventas, Inc. has a twelve month low of $41.45 and a twelve month high of $69.25.
Ventas Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Monday, March 31st will be paid a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.78%. The ex-dividend date of this dividend is Monday, March 31st. 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%.
Insider Activity at Ventas
In other Ventas news, CAO Gregory R. Liebbe sold 3,866 shares of Ventas stock in a transaction that occurred on Thursday, February 13th. The shares were sold at an average price of $63.00, for a total transaction of $243,558.00. Following the transaction, the chief accounting officer now directly owns 11,371 shares in the company, valued at approximately $716,373. The trade was a 25.37 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Debra A. Cafaro sold 214,679 shares of Ventas stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $68.22, for a total transaction of $14,645,401.38. Following the completion of the sale, the chief executive officer now directly owns 1,138,143 shares of the company’s stock, valued at approximately $77,644,115.46. The trade was a 15.87 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.00% of the company’s stock.
Wall Street Analysts Forecast Growth
VTR has been the topic of several research analyst reports. Mizuho reduced their price target on shares of Ventas from $71.00 to $68.00 and set an “outperform” rating on the stock in a research report on Thursday, December 5th. Baird R W raised shares of Ventas from a “hold” rating to a “strong-buy” rating in a report on Friday, January 17th. Wedbush raised their target price on shares of Ventas from $69.00 to $78.00 and gave the stock an “outperform” rating in a report on Friday, February 14th. Royal Bank of Canada raised their target price on shares of Ventas from $70.00 to $74.00 and gave the stock an “outperform” rating in a report on Tuesday, February 25th. Finally, StockNews.com raised shares of Ventas from a “sell” rating to a “hold” rating in a report on Friday, January 17th. Two analysts have rated the stock with a hold rating, six have issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, Ventas currently has a consensus rating of “Buy” and an average target price of $71.14.
View Our Latest Stock Analysis on VTR
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.
Featured Articles
- Five stocks we like better than Ventas
- Stock Market Holidays 2022-2025 – Here’s When the NYSE and NASDAQ Will be Closed
- Autodesk Designs Value for Investors: Uptrend Set to Continue
- How to Start Investing in Real Estate
- Anheuser-Busch Stock Rallies—Is the King of Beers Back?
- 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
- MarketBeat Week in Review – 02/24 – 02/28
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.