Ventas, Inc. (VTR) Shares Bought by California Public Employees Retirement System

California Public Employees Retirement System lifted its stake in shares of Ventas, Inc. (NYSE:VTR) by 4.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 823,017 shares of the real estate investment trust’s stock after buying an additional 33,705 shares during the period. California Public Employees Retirement System owned about 0.23% of Ventas worth $53,603,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the company. Wetherby Asset Management Inc. grew its stake in shares of Ventas by 14.3% in the second quarter. Wetherby Asset Management Inc. now owns 3,643 shares of the real estate investment trust’s stock worth $253,000 after purchasing an additional 456 shares during the last quarter. Advisors Asset Management Inc. grew its stake in shares of Ventas by 3.3% in the second quarter. Advisors Asset Management Inc. now owns 98,413 shares of the real estate investment trust’s stock worth $6,838,000 after purchasing an additional 3,121 shares during the last quarter. Dupont Capital Management Corp grew its stake in shares of Ventas by 92.4% in the second quarter. Dupont Capital Management Corp now owns 71,649 shares of the real estate investment trust’s stock worth $4,978,000 after purchasing an additional 34,406 shares during the last quarter. LMR Partners LLP grew its stake in shares of Ventas by 9.6% in the second quarter. LMR Partners LLP now owns 18,369 shares of the real estate investment trust’s stock worth $1,276,000 after purchasing an additional 1,604 shares during the last quarter. Finally, State of Wisconsin Investment Board grew its stake in shares of Ventas by 25.6% in the second quarter. State of Wisconsin Investment Board now owns 449,647 shares of the real estate investment trust’s stock worth $31,241,000 after purchasing an additional 91,534 shares during the last quarter. Institutional investors own 90.39% of the company’s stock.

Shares of Ventas, Inc. (VTR) traded up $0.05 on Thursday, reaching $63.87. 1,428,300 shares of the company’s stock were exchanged, compared to its average volume of 1,710,365. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 1.06. The company has a market capitalization of $22,728.59, a PE ratio of 15.30, a P/E/G ratio of 4.11 and a beta of 0.08. Ventas, Inc. has a twelve month low of $58.96 and a twelve month high of $72.36.

Ventas (NYSE:VTR) last issued its quarterly earnings results on Friday, October 27th. The real estate investment trust reported $0.44 EPS for the quarter, missing the Zacks’ consensus estimate of $1.04 by ($0.60). The firm had revenue of $899.90 million for the quarter, compared to the consensus estimate of $893.18 million. Ventas had a net margin of 32.96% and a return on equity of 6.34%. The business’s revenue was up 3.8% compared to the same quarter last year. During the same period last year, the company posted $1.03 EPS. research analysts forecast that Ventas, Inc. will post 4.15 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, January 12th. Shareholders of record on Tuesday, January 2nd will be given a dividend of $0.79 per share. The ex-dividend date of this dividend is Friday, December 29th. This represents a $3.16 dividend on an annualized basis and a yield of 4.95%. This is a boost from Ventas’s previous quarterly dividend of $0.78. Ventas’s dividend payout ratio is 95.09%.

Several brokerages recently weighed in on VTR. Capital One Financial raised shares of Ventas from an “equal weight” rating to an “overweight” rating in a research note on Monday, October 30th. BMO Capital Markets reissued a “sell” rating and issued a $62.00 price objective on shares of Ventas in a research note on Wednesday, October 18th. BidaskClub raised shares of Ventas from a “strong sell” rating to a “sell” rating in a research note on Thursday, August 17th. Bank of America cut shares of Ventas from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $72.00 to $71.00 in a research note on Friday, September 22nd. Finally, KeyCorp reissued a “sell” rating and issued a $55.00 price objective on shares of Ventas in a research note on Sunday, September 17th. Eight research analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $64.44.

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Ventas Profile

Ventas, Inc is a real estate investment trust (REIT) with its properties located throughout the United States, Canada and the United Kingdom. The Company operates through three segments: triple-net leased properties, senior living operations and office operations. Under its triple-net leased properties segment, the Company invests in and owns seniors housing and healthcare properties throughout the United States and the United Kingdom and leases those properties to healthcare operating companies under triple-net or absolute-net leases that obligate the tenants to pay all property-related expenses.

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Institutional Ownership by Quarter for Ventas (NYSE:VTR)

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