Thrivent Financial For Lutherans boosted its holdings in shares of Ventas, Inc. (NYSE:VTR) by 6.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 150,130 shares of the real estate investment trust’s stock after acquiring an additional 9,003 shares during the period. Thrivent Financial For Lutherans’ holdings in Ventas were worth $9,009,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also made changes to their positions in the business. MANA Advisors LLC acquired a new position in Ventas during the fourth quarter worth about $751,000. Renaissance Technologies LLC raised its position in Ventas by 2,469.3% during the fourth quarter. Renaissance Technologies LLC now owns 1,020,002 shares of the real estate investment trust’s stock worth $61,210,000 after acquiring an additional 980,302 shares during the last quarter. MML Investors Services LLC raised its position in Ventas by 22.6% during the fourth quarter. MML Investors Services LLC now owns 44,857 shares of the real estate investment trust’s stock worth $2,692,000 after acquiring an additional 8,280 shares during the last quarter. Amundi Pioneer Asset Management Inc. raised its position in Ventas by 396.6% during the fourth quarter. Amundi Pioneer Asset Management Inc. now owns 483,220 shares of the real estate investment trust’s stock worth $28,998,000 after acquiring an additional 385,920 shares during the last quarter. Finally, AXA raised its position in Ventas by 21.6% during the fourth quarter. AXA now owns 74,804 shares of the real estate investment trust’s stock worth $4,489,000 after acquiring an additional 13,263 shares during the last quarter. Institutional investors own 88.83% of the company’s stock.
Ventas, Inc. (VTR) opened at $50.35 on Wednesday. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.20 and a quick ratio of 1.20. The firm has a market cap of $17,930.00, a P/E ratio of 29.97, a PEG ratio of 3.24 and a beta of 0.15. Ventas, Inc. has a 52-week low of $47.97 and a 52-week high of $72.36.
Ventas (NYSE:VTR) last posted its quarterly earnings data on Friday, February 9th. The real estate investment trust reported $1.03 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.03. The business had revenue of $895.30 million during the quarter, compared to analyst estimates of $895.92 million. Ventas had a net margin of 37.95% and a return on equity of 5.99%. The company’s revenue was up 2.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.58 earnings per share. analysts forecast that Ventas, Inc. will post 4.02 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 12th. Stockholders of record on Monday, April 2nd will be given a $0.79 dividend. This represents a $3.16 dividend on an annualized basis and a dividend yield of 6.28%. The ex-dividend date of this dividend is Thursday, March 29th. Ventas’s dividend payout ratio is presently 188.10%.
A number of equities analysts have issued reports on the stock. BMO Capital Markets set a $55.00 target price on shares of Ventas and gave the stock a “sell” rating in a research report on Monday, January 15th. Jefferies Group restated a “hold” rating and set a $54.00 target price on shares of Ventas in a research report on Tuesday, February 13th. Wells Fargo & Co set a $54.00 target price on shares of Ventas and gave the stock a “hold” rating in a research report on Tuesday, February 13th. SunTrust Banks set a $59.00 target price on shares of Ventas and gave the stock a “hold” rating in a research report on Monday, January 22nd. Finally, Citigroup cut their target price on shares of Ventas from $66.00 to $52.00 and set a “neutral” rating for the company in a research report on Tuesday, February 13th. Seven investment analysts have rated the stock with a sell rating, nine have given a hold rating and two have issued a buy rating to the stock. Ventas presently has an average rating of “Hold” and a consensus price target of $58.31.
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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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