Kentucky Trust Co acquired a new stake in Ventas, Inc. (NYSE:VTR – Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 22,540 shares of the real estate investment trust’s stock, valued at approximately $1,327,000.
Several other large investors have also bought and sold shares of VTR. CWM LLC lifted its holdings in Ventas by 9.1% in the third quarter. CWM LLC now owns 8,532 shares of the real estate investment trust’s stock valued at $547,000 after buying an additional 711 shares during the period. Ritholtz Wealth Management acquired a new position in Ventas in the third quarter valued at approximately $521,000. Exchange Traded Concepts LLC lifted its holdings in Ventas by 2,671.0% in the third quarter. Exchange Traded Concepts LLC now owns 2,577 shares of the real estate investment trust’s stock valued at $165,000 after buying an additional 2,484 shares during the period. Koshinski Asset Management Inc. lifted its holdings in Ventas by 7.6% in the third quarter. Koshinski Asset Management Inc. now owns 8,286 shares of the real estate investment trust’s stock valued at $531,000 after buying an additional 583 shares during the period. Finally, Creative Planning lifted its holdings in Ventas by 9.5% in the third quarter. Creative Planning now owns 52,798 shares of the real estate investment trust’s stock valued at $3,386,000 after buying an additional 4,593 shares during the period. 94.18% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several equities analysts recently weighed in on the stock. Scotiabank increased their price objective on shares of Ventas from $68.00 to $69.00 and gave the company a “sector perform” rating in a report on Monday, January 27th. Mizuho cut their target price on shares of Ventas from $71.00 to $68.00 and set an “outperform” rating on the stock in a report on Thursday, December 5th. Robert W. Baird upgraded shares of Ventas from a “neutral” rating to an “outperform” rating and cut their target price for the stock from $66.00 to $65.00 in a report on Friday, January 17th. Baird R W upgraded shares of Ventas from a “hold” rating to a “strong-buy” rating in a report on Friday, January 17th. Finally, Wedbush reiterated an “outperform” rating and issued a $75.00 target price on shares of Ventas in a report on Thursday, December 19th. Two analysts have rated the stock with a hold rating, six have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Ventas currently has an average rating of “Buy” and an average target price of $68.71.
Ventas Stock Down 0.3 %
Shares of NYSE:VTR opened at $59.56 on Wednesday. Ventas, Inc. has a 12 month low of $41.45 and a 12 month high of $67.61. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.04 and a current ratio of 1.04. The company’s fifty day simple moving average is $59.55 and its 200 day simple moving average is $61.37.
Ventas Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 16th. Investors of record on Tuesday, December 31st were issued a dividend of $0.45 per share. The ex-dividend date was Tuesday, December 31st. This represents a $1.80 dividend on an annualized basis and a dividend yield of 3.02%. Ventas’s payout ratio is -1,058.76%.
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.
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