Arizona State Retirement System Purchases 1,783 Shares of Ventas, Inc. (VTR)

Arizona State Retirement System grew its position in shares of Ventas, Inc. (NYSE:VTR) by 1.3% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 139,625 shares of the real estate investment trust’s stock after acquiring an additional 1,783 shares during the quarter. Arizona State Retirement System’s holdings in Ventas were worth $7,593,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Federated Investors Inc. PA boosted its position in Ventas by 14.7% during the 2nd quarter. Federated Investors Inc. PA now owns 6,478,668 shares of the real estate investment trust’s stock worth $368,960,000 after acquiring an additional 828,577 shares during the last quarter. Bank of New York Mellon Corp boosted its position in Ventas by 1.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 5,565,817 shares of the real estate investment trust’s stock worth $316,972,000 after acquiring an additional 98,926 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Ventas by 1.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 5,376,703 shares of the real estate investment trust’s stock worth $306,207,000 after acquiring an additional 80,655 shares during the last quarter. Centersquare Investment Management LLC boosted its position in Ventas by 101.5% during the 2nd quarter. Centersquare Investment Management LLC now owns 3,952,742 shares of the real estate investment trust’s stock worth $225,108,000 after acquiring an additional 1,990,849 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. boosted its position in Ventas by 4.0% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 3,852,626 shares of the real estate investment trust’s stock worth $219,408,000 after acquiring an additional 146,720 shares during the last quarter. 84.40% of the stock is owned by hedge funds and other institutional investors.

In other Ventas news, EVP T Richard Riney sold 13,708 shares of the firm’s stock in a transaction on Friday, August 31st. The stock was sold at an average price of $60.00, for a total transaction of $822,480.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 1.40% of the company’s stock.

Several research firms have recently commented on VTR. TheStreet downgraded Ventas from a “b” rating to a “c+” rating in a report on Friday, October 26th. Bank of America increased their price objective on Ventas from $55.00 to $60.00 and gave the company a “neutral” rating in a report on Tuesday, July 10th. Cantor Fitzgerald reissued a “hold” rating and issued a $56.00 price objective on shares of Ventas in a report on Friday, July 27th. ValuEngine raised Ventas from a “sell” rating to a “hold” rating in a report on Wednesday, October 17th. Finally, SunTrust Banks reissued a “hold” rating and issued a $58.00 price objective on shares of Ventas in a report on Tuesday, July 31st. Four research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and one has assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $55.46.

NYSE VTR opened at $56.59 on Monday. The company has a market capitalization of $20.17 billion, a PE ratio of 13.60, a P/E/G ratio of 3.86 and a beta of -0.02. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.56 and a quick ratio of 0.56. Ventas, Inc. has a 12 month low of $46.55 and a 12 month high of $65.72.

Ventas (NYSE:VTR) last released its quarterly earnings data on Friday, October 26th. The real estate investment trust reported $0.99 EPS for the quarter, beating the consensus estimate of $0.97 by $0.02. Ventas had a return on equity of 4.56% and a net margin of 19.90%. The company had revenue of $936.54 million during the quarter, compared to the consensus estimate of $920.19 million. During the same quarter in the prior year, the firm posted $1.71 EPS. The firm’s revenue for the quarter was up 4.1% compared to the same quarter last year. On average, sell-side analysts forecast that Ventas, Inc. will post 4.05 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, October 12th. Shareholders of record on Monday, October 1st were issued a dividend of $0.79 per share. This represents a $3.16 annualized dividend and a yield of 5.58%. The ex-dividend date of this dividend was Friday, September 28th. Ventas’s dividend payout ratio is 75.96%.

About Ventas

Ventas, Inc, an S&P 500 company, is a leading real estate investment trust. Its diverse portfolio of approximately 1,200 assets in the United States, Canada and the United Kingdom consists of seniors housing communities, medical office buildings, life science and innovation centers, inpatient rehabilitation and long-term acute care facilities, health systems and skilled nursing facilities.

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Institutional Ownership by Quarter for Ventas (NYSE:VTR)

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