Naviter Wealth LLC Has $1.35 Million Stake in Ventas, Inc. (NYSE:VTR)

Naviter Wealth LLC lifted its holdings in shares of Ventas, Inc. (NYSE:VTR) by 13.6% during the fourth quarter, HoldingsChannel reports. The firm owned 26,764 shares of the real estate investment trust’s stock after acquiring an additional 3,203 shares during the quarter. Naviter Wealth LLC’s holdings in Ventas were worth $1,346,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Bruce G. Allen Investments LLC acquired a new position in shares of Ventas in the fourth quarter valued at approximately $25,000. Gradient Investments LLC increased its holdings in Ventas by 82.7% during the 4th quarter. Gradient Investments LLC now owns 718 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 325 shares in the last quarter. Jones Financial Companies Lllp raised its stake in shares of Ventas by 151.1% in the 3rd quarter. Jones Financial Companies Lllp now owns 796 shares of the real estate investment trust’s stock valued at $34,000 after purchasing an additional 479 shares during the period. NBC Securities Inc. acquired a new stake in shares of Ventas in the 3rd quarter valued at about $44,000. Finally, Massmutual Trust Co. FSB ADV lifted its holdings in shares of Ventas by 73.4% in the fourth quarter. Massmutual Trust Co. FSB ADV now owns 1,408 shares of the real estate investment trust’s stock valued at $70,000 after purchasing an additional 596 shares in the last quarter. Institutional investors own 94.18% of the company’s stock.

Ventas Price Performance

NYSE:VTR opened at $44.67 on Tuesday. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 1.41. The firm’s fifty day moving average is $43.25 and its 200-day moving average is $45.12. Ventas, Inc. has a 52 week low of $39.33 and a 52 week high of $50.99.

Ventas Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 18th. Stockholders of record on Monday, April 1st were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 4.03%. The ex-dividend date was Thursday, March 28th. Ventas’s dividend payout ratio is -1,636.21%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Bank of America raised shares of Ventas from a “neutral” rating to a “buy” rating and increased their price objective for the company from $48.00 to $53.00 in a research report on Tuesday, January 16th. StockNews.com lowered shares of Ventas from a “hold” rating to a “sell” rating in a report on Tuesday, February 13th. Wells Fargo & Company restated an “equal weight” rating and set a $46.00 price objective (down from $52.00) on shares of Ventas in a research report on Monday, February 26th. Deutsche Bank Aktiengesellschaft initiated coverage on Ventas in a research note on Tuesday, January 30th. They issued a “buy” rating and a $60.00 price target for the company. Finally, Evercore ISI upgraded Ventas from an “in-line” rating to an “outperform” rating and set a $50.00 target price for the company in a research report on Monday, March 18th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $51.25.

Ventas Company 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.