Gilman Hill Asset Management LLC Reduces Stock Position in Ventas, Inc. (NYSE:VTR)

Gilman Hill Asset Management LLC lessened its stake in shares of Ventas, Inc. (NYSE:VTR) by 0.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 94,927 shares of the real estate investment trust’s stock after selling 650 shares during the quarter. Gilman Hill Asset Management LLC’s holdings in Ventas were worth $4,731,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Norges Bank bought a new position in shares of Ventas in the 4th quarter worth approximately $185,774,000. JPMorgan Chase & Co. lifted its stake in shares of Ventas by 12.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 27,167,278 shares of the real estate investment trust’s stock worth $1,284,197,000 after purchasing an additional 2,924,324 shares during the period. Deutsche Bank AG lifted its stake in shares of Ventas by 315.0% in the 3rd quarter. Deutsche Bank AG now owns 3,218,555 shares of the real estate investment trust’s stock worth $135,598,000 after purchasing an additional 2,443,076 shares during the period. Resolution Capital Ltd bought a new position in shares of Ventas in the 3rd quarter worth approximately $77,297,000. Finally, Goldman Sachs Group Inc. lifted its stake in shares of Ventas by 37.5% in the 2nd quarter. Goldman Sachs Group Inc. now owns 6,602,496 shares of the real estate investment trust’s stock worth $312,100,000 after purchasing an additional 1,801,365 shares during the period. Hedge funds and other institutional investors own 93.48% of the company’s stock.

Ventas Price Performance

Shares of Ventas stock traded up $0.29 on Monday, hitting $42.77. 2,984,974 shares of the company traded hands, compared to its average volume of 2,459,896. The stock has a market capitalization of $17.21 billion, a P/E ratio of -388.78, a price-to-earnings-growth ratio of 2.37 and a beta of 1.26. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.51 and a current ratio of 0.51. Ventas, Inc. has a 52 week low of $39.33 and a 52 week high of $50.99. The business has a 50-day simple moving average of $45.41 and a 200 day simple moving average of $44.96.

Ventas Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 18th. Investors of record on Monday, April 1st will be issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 4.21%. The ex-dividend date is Thursday, March 28th. Ventas’s dividend payout ratio (DPR) is presently -1,636.21%.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. Evercore ISI upgraded shares of Ventas from an “in-line” rating to an “outperform” rating and set a $50.00 target price on the stock in a research note on Monday. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Ventas in a research note on Tuesday, January 30th. They set a “buy” rating and a $60.00 target price on the stock. Mizuho raised their target price on shares of Ventas from $53.00 to $56.00 and gave the stock a “buy” rating in a research note on Wednesday, January 3rd. StockNews.com cut shares of Ventas from a “hold” rating to a “sell” rating in a research note on Tuesday, February 13th. Finally, Wells Fargo & Company restated an “equal weight” rating and set a $46.00 target price (down previously from $52.00) on shares of Ventas in a research note on Monday, February 26th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat, Ventas currently has a consensus rating of “Moderate Buy” and a consensus price target of $51.43.

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.