CIBC Private Wealth Group LLC Has $381,000 Position in Ventas, Inc. (NYSE:VTR)

CIBC Private Wealth Group LLC raised its holdings in Ventas, Inc. (NYSE:VTR) by 3.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,546 shares of the real estate investment trust’s stock after buying an additional 198 shares during the period. CIBC Private Wealth Group LLC’s holdings in Ventas were worth $381,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in VTR. Presima Securities ULC lifted its position in Ventas by 38.0% in the 4th quarter. Presima Securities ULC now owns 439,942 shares of the real estate investment trust’s stock valued at $25,908,000 after acquiring an additional 121,193 shares in the last quarter. Mizuho Securities USA LLC increased its stake in Ventas by 48.4% in the 4th quarter. Mizuho Securities USA LLC now owns 39,760 shares of the real estate investment trust’s stock valued at $2,341,000 after buying an additional 12,969 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of Ventas by 726.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 5,267 shares of the real estate investment trust’s stock worth $310,000 after buying an additional 4,630 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Ventas by 2.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,028,015 shares of the real estate investment trust’s stock worth $296,100,000 after buying an additional 123,937 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of Ventas by 2.2% in the third 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 acquiring an additional 599,600 shares in the last quarter. 94.18% of the stock is currently owned by institutional investors and hedge funds.

Ventas Price Performance

Shares of NYSE VTR opened at $65.55 on Friday. The stock has a fifty day moving average of $65.89 and a 200-day moving average of $63.39. The stock has a market cap of $28.65 billion, a PE ratio of 345.01, a price-to-earnings-growth ratio of 2.59 and a beta of 1.37. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.85 and a current ratio of 0.85. Ventas, Inc. has a fifty-two week low of $41.45 and a fifty-two week high of $71.36.

Ventas (NYSE:VTR) last announced its quarterly earnings results on Wednesday, February 12th. The real estate investment trust reported $0.81 EPS for the quarter, beating the consensus estimate of ($0.02) by $0.83. Ventas had a net margin of 1.65% and a return on equity of 0.82%. Equities research analysts anticipate that Ventas, Inc. will post 3.4 earnings per share for the current year.

Ventas Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Monday, March 31st will be issued a $0.48 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.92 annualized dividend and a dividend yield of 2.93%. This is a boost from Ventas’s previous quarterly dividend of $0.45. Ventas’s dividend payout ratio (DPR) is presently 1,010.53%.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Wells Fargo & Company lifted their price target on Ventas from $72.00 to $77.00 and gave the stock an “overweight” rating in a report on Monday, March 10th. Mizuho boosted their price target on shares of Ventas from $68.00 to $75.00 and gave the stock an “outperform” rating in a report on Tuesday, March 18th. Scotiabank raised their price objective on shares of Ventas from $69.00 to $72.00 and gave the stock a “sector perform” rating in a report on Friday, February 28th. Morgan Stanley raised their price target on shares of Ventas from $65.00 to $70.00 and gave the stock an “equal weight” rating in a research note on Tuesday, March 11th. Finally, Royal Bank of Canada upped their price objective on Ventas from $70.00 to $74.00 and gave the company an “outperform” rating in a research note on Tuesday, February 25th. Four research analysts have rated the stock with a hold rating, seven have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, Ventas currently has an average rating of “Moderate Buy” and an average target price of $72.90.

Insider Activity

In other Ventas news, CEO Debra A. Cafaro sold 214,679 shares of the business’s stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $68.22, for a total value of $14,645,401.38. Following the completion of the transaction, the chief executive officer now owns 1,138,143 shares of the company’s stock, valued at $77,644,115.46. The trade was a 15.87 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Gregory R. Liebbe sold 3,866 shares of the stock in a transaction on Thursday, February 13th. The stock was sold at an average price of $63.00, for a total transaction of $243,558.00. Following the completion of the transaction, the chief accounting officer now directly owns 11,371 shares in the company, valued at $716,373. The trade was a 25.37 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 260,227 shares of company stock worth $17,769,097. 1.00% of the stock is currently owned by insiders.

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.