Penserra Capital Management LLC increased its position in Ventas, Inc. (NYSE:VTR) by 48.1% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 1,730 shares of the real estate investment trust’s stock after purchasing an additional 562 shares during the period. Penserra Capital Management LLC’s holdings in Ventas were worth $125,000 at the end of the most recent quarter.
Other large investors have also recently added to or reduced their stakes in the company. Stifel Financial Corp boosted its stake in shares of Ventas by 12.8% in the third quarter. Stifel Financial Corp now owns 182,914 shares of the real estate investment trust’s stock valued at $13,344,000 after buying an additional 20,750 shares in the last quarter. Achmea Investment Management B.V. lifted its position in shares of Ventas by 34.9% during the 2nd quarter. Achmea Investment Management B.V. now owns 38,751 shares of the real estate investment trust’s stock valued at $2,648,000 after acquiring an additional 10,028 shares during the period. Coastal Investment Advisors Inc. boosted its stake in shares of Ventas by 530.6% during the 2nd quarter. Coastal Investment Advisors Inc. now owns 5,076 shares of the real estate investment trust’s stock worth $357,000 after acquiring an additional 4,271 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in Ventas by 8.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 595,403 shares of the real estate investment trust’s stock valued at $40,696,000 after purchasing an additional 47,832 shares in the last quarter. Finally, Daiwa Securities Group Inc. raised its holdings in Ventas by 2.7% during the third quarter. Daiwa Securities Group Inc. now owns 84,908 shares of the real estate investment trust’s stock worth $6,201,000 after purchasing an additional 2,270 shares during the last quarter. Hedge funds and other institutional investors own 88.10% of the company’s stock.
Several equities research analysts recently commented on the stock. KeyCorp decreased their price objective on shares of Ventas from $55.00 to $50.00 and set an “underweight” rating on the stock in a research report on Tuesday, December 17th. Capital One Financial cut Ventas from an “overweight” rating to an “equal weight” rating and cut their price target for the stock from $72.00 to $68.00 in a report on Monday, October 28th. Barclays assumed coverage on shares of Ventas in a research note on Tuesday, September 3rd. They set an “equal weight” rating and a $74.00 price target on the stock. Citigroup cut shares of Ventas from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $76.00 to $67.00 in a research note on Monday, October 28th. Finally, TheStreet cut Ventas from a “b-” rating to a “c+” rating in a report on Friday, November 15th. Three investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and one has issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $64.57.
Shares of VTR stock traded down $0.11 on Wednesday, reaching $57.37. 745,246 shares of the company’s stock traded hands, compared to its average volume of 2,486,184. Ventas, Inc. has a 12-month low of $54.59 and a 12-month high of $75.40. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.72 and a current ratio of 0.72. The company has a market capitalization of $21.38 billion, a P/E ratio of 14.10, a price-to-earnings-growth ratio of 6.36 and a beta of 0.12. The business’s 50 day moving average price is $57.84 and its two-hundred day moving average price is $67.18.
Ventas (NYSE:VTR) last released its quarterly earnings data on Friday, October 25th. The real estate investment trust reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.94 by ($0.71). The firm had revenue of $983.16 million for the quarter, compared to analyst estimates of $935.43 million. Ventas had a net margin of 12.73% and a return on equity of 4.59%. Ventas’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.99 EPS. Research analysts predict that Ventas, Inc. will post 3.84 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 13th. Investors of record on Thursday, January 2nd will be issued a $0.7925 dividend. This represents a $3.17 dividend on an annualized basis and a yield of 5.53%. The ex-dividend date is Tuesday, December 31st. Ventas’s dividend payout ratio is presently 77.89%.
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, university-based research and innovation centers, inpatient rehabilitation and long-term acute care facilities, and health systems.
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