BROOKFIELD Corp ON Decreases Position in Ventas, Inc. (NYSE:VTR)

BROOKFIELD Corp ON lowered its position in Ventas, Inc. (NYSE:VTR) by 12.1% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 297,997 shares of the real estate investment trust’s stock after selling 41,149 shares during the period. BROOKFIELD Corp ON’s holdings in Ventas were worth $17,549,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in VTR. Tidal Investments LLC lifted its holdings in shares of Ventas by 18.4% in the third quarter. Tidal Investments LLC now owns 9,952 shares of the real estate investment trust’s stock valued at $634,000 after purchasing an additional 1,550 shares in the last quarter. Franklin Resources Inc. raised its position in shares of Ventas by 11.5% during the 3rd quarter. Franklin Resources Inc. now owns 1,252,460 shares of the real estate investment trust’s stock worth $80,070,000 after purchasing an additional 128,945 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in Ventas by 2.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 27,557,480 shares of the real estate investment trust’s stock valued at $1,767,261,000 after buying an additional 599,600 shares in the last quarter. GAMMA Investing LLC grew its holdings in Ventas by 12.9% during the 4th quarter. GAMMA Investing LLC now owns 8,299 shares of the real estate investment trust’s stock valued at $489,000 after buying an additional 950 shares during the last quarter. Finally, Nordea Investment Management AB grew its holdings in Ventas by 4.8% during the 4th quarter. Nordea Investment Management AB now owns 29,933 shares of the real estate investment trust’s stock valued at $1,756,000 after buying an additional 1,369 shares during the last quarter. Institutional investors and hedge funds own 94.18% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. Mizuho upped their price objective on Ventas from $68.00 to $75.00 and gave the company an “outperform” rating in a research report on Tuesday, March 18th. Wedbush raised their price target on shares of Ventas from $69.00 to $78.00 and gave the stock an “outperform” rating in a research note on Friday, February 14th. Argus set a $75.00 price target on shares of Ventas in a report on Friday, March 7th. Baird R W raised shares of Ventas from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 17th. Finally, Scotiabank lifted their target price on shares of Ventas from $69.00 to $72.00 and gave the stock a “sector perform” rating in a research note on Friday, February 28th. Four research analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $72.90.

Ventas Trading Up 0.1 %

Shares of VTR opened at $66.62 on Tuesday. The stock’s fifty day simple moving average is $67.59 and its 200 day simple moving average is $63.94. Ventas, Inc. has a twelve month low of $46.53 and a twelve month high of $71.36. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.25. The firm has a market capitalization of $29.16 billion, a P/E ratio of 350.64, a price-to-earnings-growth ratio of 2.59 and a beta of 0.95.

Ventas (NYSE:VTR) last released its quarterly earnings data on Wednesday, April 30th. The real estate investment trust reported $0.84 earnings per share for the quarter, beating the consensus estimate of $0.82 by $0.02. The business had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.32 billion. Ventas had a return on equity of 0.82% and a net margin of 1.65%. The company’s revenue was up 13.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.78 EPS. On average, equities research analysts forecast that Ventas, Inc. will post 3.4 earnings per share for the current year.

Ventas Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Monday, March 31st were given a $0.48 dividend. The ex-dividend date was Monday, March 31st. This represents a $1.92 annualized dividend and a dividend yield of 2.88%. This is a positive change from Ventas’s previous quarterly dividend of $0.45. Ventas’s dividend payout ratio is presently 581.82%.

Insider Activity

In related news, CEO Debra A. Cafaro sold 9,110 shares of the firm’s stock in a transaction dated Thursday, May 1st. The stock was sold at an average price of $66.04, for a total transaction of $601,624.40. Following the sale, the chief executive officer now directly owns 1,145,695 shares in the company, valued at approximately $75,661,697.80. This trade represents a 0.79 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Gregory R. Liebbe sold 3,866 shares of the company’s stock in a transaction that occurred on Thursday, February 13th. The stock was sold at an average price of $63.00, for a total value of $243,558.00. Following the completion of the transaction, the chief accounting officer now owns 11,371 shares of the company’s stock, valued at approximately $716,373. This represents a 25.37 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 313,888 shares of company stock valued at $21,536,515. Company insiders own 0.80% of the company’s stock.

About Ventas

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.