Global Wealth Management Investment Advisory Inc. Grows Stake in Ventas, Inc. (NYSE:VTR)

Global Wealth Management Investment Advisory Inc. boosted its position in shares of Ventas, Inc. (NYSE:VTR) by 8.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 12,300 shares of the real estate investment trust’s stock after purchasing an additional 999 shares during the quarter. Global Wealth Management Investment Advisory Inc.’s holdings in Ventas were worth $724,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its position 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 worth $1,767,261,000 after buying an additional 599,600 shares in the last quarter. State Street Corp raised its position in Ventas by 2.2% during 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 acquiring an additional 581,870 shares during the last quarter. FMR LLC lifted its holdings in shares of Ventas by 4.4% in the third quarter. FMR LLC now owns 23,364,810 shares of the real estate investment trust’s stock valued at $1,498,385,000 after purchasing an additional 982,795 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Ventas by 2.4% in the third quarter. Geode Capital Management LLC now owns 10,411,293 shares of the real estate investment trust’s stock valued at $665,559,000 after purchasing an additional 245,922 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA increased its stake in shares of Ventas by 105.2% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,420,322 shares of the real estate investment trust’s stock worth $347,605,000 after purchasing an additional 2,778,408 shares in the last quarter. Institutional investors and hedge funds own 94.18% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on VTR shares. Robert W. Baird upgraded Ventas from a “neutral” rating to an “outperform” rating and lowered their target price for the company from $66.00 to $65.00 in a report on Friday, January 17th. Scotiabank increased their price objective on Ventas from $68.00 to $69.00 and gave the company a “sector perform” rating in a research note on Monday, January 27th. Baird R W upgraded Ventas from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 17th. Wedbush restated an “outperform” rating and issued a $75.00 target price on shares of Ventas in a report on Thursday, December 19th. Finally, Mizuho lowered their price target on shares of Ventas from $71.00 to $68.00 and set an “outperform” rating for the company in a report on Thursday, December 5th. Two research analysts have rated the stock with a hold rating, six have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $68.71.

Ventas Stock Performance

NYSE VTR opened at $60.60 on Monday. Ventas, Inc. has a 12 month low of $41.45 and a 12 month high of $67.61. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.39. The company has a 50-day moving average of $59.60 and a 200-day moving average of $61.27.

Ventas Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, January 16th. Investors of record on Tuesday, December 31st were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 2.97%. The ex-dividend date of this dividend was Tuesday, December 31st. Ventas’s dividend payout ratio (DPR) is -1,058.76%.

Ventas 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.