Brevan Howard Capital Management LP Makes New $665,000 Investment in Ventas, Inc. (NYSE:VTR)

Brevan Howard Capital Management LP acquired a new stake in Ventas, Inc. (NYSE:VTR) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 11,291 shares of the real estate investment trust’s stock, valued at approximately $665,000.

Several other large investors have also recently modified their holdings of VTR. Norges Bank bought a new position in Ventas during the fourth quarter valued at $340,282,000. Northern Trust Corp boosted its position in shares of Ventas by 60.8% during the fourth quarter. Northern Trust Corp now owns 6,207,553 shares of the real estate investment trust’s stock valued at $365,563,000 after buying an additional 2,347,705 shares during the period. Marshall Wace LLP grew its stake in shares of Ventas by 1,489.5% during the fourth quarter. Marshall Wace LLP now owns 1,456,112 shares of the real estate investment trust’s stock valued at $85,750,000 after buying an additional 1,364,504 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of Ventas by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 66,501,010 shares of the real estate investment trust’s stock worth $3,916,244,000 after buying an additional 912,813 shares during the period. Finally, Renaissance Technologies LLC lifted its stake in shares of Ventas by 56.0% during the 4th quarter. Renaissance Technologies LLC now owns 2,499,228 shares of the real estate investment trust’s stock worth $147,180,000 after acquiring an additional 896,717 shares during the last quarter. Institutional investors own 94.18% of the company’s stock.

Analyst Ratings Changes

VTR has been the topic of several recent analyst reports. Mizuho raised their price target on shares of Ventas from $68.00 to $75.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 18th. JPMorgan Chase & Co. boosted their price target on Ventas from $71.00 to $73.00 and gave the company a “neutral” rating in a report on Friday, March 7th. StockNews.com downgraded Ventas from a “hold” rating to a “sell” rating in a report on Tuesday. Baird R W raised Ventas from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 17th. Finally, Royal Bank of Canada upped their price objective on shares of Ventas from $74.00 to $75.00 and gave the stock an “outperform” rating in a research note on Wednesday. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, seven have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $73.00.

Ventas Price Performance

Shares of NYSE VTR opened at $65.54 on Friday. The company has a market cap of $28.69 billion, a PE ratio of 344.95, a P/E/G ratio of 2.59 and a beta of 0.95. Ventas, Inc. has a fifty-two week low of $46.66 and a fifty-two week high of $71.36. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.85 and a current ratio of 0.85. The business has a 50-day simple moving average of $67.37 and a two-hundred day simple moving average of $63.98.

Ventas (NYSE:VTR) last released its earnings results on Wednesday, April 30th. The real estate investment trust reported $0.84 EPS for the quarter, topping analysts’ consensus estimates of $0.82 by $0.02. The firm had revenue of $1.36 billion during the quarter, compared to the consensus estimate 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 quarter in the previous year, the company posted $0.78 earnings per share. As a group, equities analysts expect that Ventas, Inc. will post 3.4 EPS for the current fiscal year.

Ventas Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Monday, March 31st were given a dividend of $0.48 per share. This is a boost from Ventas’s previous quarterly dividend of $0.45. This represents a $1.92 annualized dividend and a yield of 2.93%. The ex-dividend date was Monday, March 31st. Ventas’s dividend payout ratio (DPR) is currently 581.82%.

Insider Activity at Ventas

In related news, CAO Gregory R. Liebbe sold 3,866 shares of the company’s stock in a transaction dated 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Debra A. Cafaro sold 44,551 shares of the business’s stock in a transaction that occurred on Thursday, April 3rd. The shares were sold at an average price of $71.06, for a total value of $3,165,794.06. Following the completion of the sale, the chief executive officer now owns 1,145,695 shares of the company’s stock, valued at $81,413,086.70. This trade represents a 3.74 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 313,888 shares of company stock worth $21,536,515 in the last three months. Company insiders own 0.80% of the company’s stock.

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.