Captrust Financial Advisors boosted its holdings in shares of Ventas, Inc. (NYSE:VTR – Free Report) by 4.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,255 shares of the real estate investment trust’s stock after acquiring an additional 1,094 shares during the period. Captrust Financial Advisors’ holdings in Ventas were worth $1,487,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VTR. Harbor Capital Advisors Inc. grew its holdings in Ventas by 66.2% during the 4th quarter. Harbor Capital Advisors Inc. now owns 527 shares of the real estate investment trust’s stock worth $31,000 after acquiring an additional 210 shares in the last quarter. Promus Capital LLC bought a new position in Ventas during the 4th quarter worth about $38,000. New Wave Wealth Advisors LLC bought a new position in Ventas during the 4th quarter worth about $41,000. SRS Capital Advisors Inc. grew its holdings in Ventas by 1,039.4% during the 4th quarter. SRS Capital Advisors Inc. now owns 809 shares of the real estate investment trust’s stock worth $48,000 after acquiring an additional 738 shares in the last quarter. Finally, Transce3nd LLC bought a new position in Ventas during the 4th quarter worth about $48,000. 94.18% of the stock is currently owned by institutional investors.
Insider Activity
In other news, CAO Gregory R. Liebbe sold 3,866 shares of the company’s stock in a transaction dated Thursday, February 13th. The shares were sold at an average price of $63.00, for a total transaction of $243,558.00. Following the transaction, the chief accounting officer now owns 11,371 shares in the company, valued at $716,373. This represents a 25.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Debra A. Cafaro sold 214,679 shares of the stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $68.22, for a total transaction of $14,645,401.38. Following the completion of the transaction, the chief executive officer now owns 1,138,143 shares in the company, valued at approximately $77,644,115.46. This trade represents a 15.87% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 313,888 shares of company stock worth $21,536,515 over the last 90 days. 0.80% of the stock is currently owned by corporate insiders.
Ventas Stock Performance
Ventas (NYSE:VTR – Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The real estate investment trust reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.02. Ventas had a net margin of 1.65% and a return on equity of 0.82%. The firm had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.32 billion. During the same quarter in the prior year, the company posted $0.78 earnings per share. The company’s revenue for the quarter was up 13.2% compared to the same quarter last year. As a group, equities analysts anticipate that Ventas, Inc. will post 3.4 EPS for the current fiscal year.
Ventas Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 17th. Stockholders of record on Monday, June 30th will be issued a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 2.99%. Ventas’s dividend payout ratio (DPR) is currently 581.82%.
Wall Street Analyst Weigh In
VTR has been the topic of several recent research reports. JPMorgan Chase & Co. increased their target price on shares of Ventas from $71.00 to $73.00 and gave the stock a “neutral” rating in a report on Friday, March 7th. Scotiabank increased their price target on shares of Ventas from $69.00 to $72.00 and gave the company a “sector perform” rating in a research report on Friday, February 28th. Baird R W raised shares of Ventas from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 17th. Morgan Stanley increased their price target on shares of Ventas from $65.00 to $70.00 and gave the company an “equal weight” rating in a research report on Tuesday, March 11th. Finally, Wedbush increased their price target on shares of Ventas from $69.00 to $78.00 and gave the company an “outperform” rating in a research report on Friday, February 14th. Four research analysts have rated the stock with a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $73.00.
Check Out Our Latest Stock Analysis on VTR
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.
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