Lindbrook Capital LLC Purchases 239 Shares of Ventas, Inc. (NYSE:VTR)

Lindbrook Capital LLC boosted its position in Ventas, Inc. (NYSE:VTR) by 6.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,881 shares of the real estate investment trust’s stock after purchasing an additional 239 shares during the quarter. Lindbrook Capital LLC’s holdings in Ventas were worth $193,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. abrdn plc increased its position in Ventas by 9.9% during the fourth quarter. abrdn plc now owns 751,648 shares of the real estate investment trust’s stock worth $37,462,000 after acquiring an additional 67,881 shares during the period. Heirloom Wealth Management acquired a new stake in shares of Ventas in the fourth quarter valued at approximately $200,000. Greenleaf Trust grew its position in Ventas by 38.7% during the fourth quarter. Greenleaf Trust now owns 15,204 shares of the real estate investment trust’s stock worth $758,000 after buying an additional 4,240 shares in the last quarter. Federated Hermes Inc. increased its stake in Ventas by 161.0% during the 4th quarter. Federated Hermes Inc. now owns 4,604 shares of the real estate investment trust’s stock worth $229,000 after acquiring an additional 2,840 shares during the period. Finally, Livforsakringsbolaget Skandia Omsesidigt increased its stake in Ventas by 73.5% during the 4th quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 1,480 shares of the real estate investment trust’s stock worth $74,000 after acquiring an additional 627 shares during the period. 94.18% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. Bank of America raised Ventas from a “neutral” rating to a “buy” rating and increased their target price for the stock from $48.00 to $53.00 in a report on Tuesday, January 16th. Deutsche Bank Aktiengesellschaft began coverage on shares of Ventas in a report on Tuesday, January 30th. They issued a “buy” rating and a $60.00 target price on the stock. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $46.00 price target (down previously from $52.00) on shares of Ventas in a report on Monday, February 26th. StockNews.com cut shares of Ventas from a “hold” rating to a “sell” rating in a research note on Tuesday, February 13th. Finally, Mizuho upped their target price on Ventas from $53.00 to $56.00 and gave the stock a “buy” rating in a research note on Wednesday, January 3rd. One analyst has rated the stock with a sell rating, three have issued a hold rating and nine have given a buy rating to the company. According to MarketBeat, Ventas has an average rating of “Moderate Buy” and a consensus target price of $51.54.

Ventas Price Performance

Shares of VTR stock opened at $43.13 on Tuesday. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.51 and a quick ratio of 0.51. The business’s 50-day moving average price is $43.30 and its 200-day moving average price is $45.04. Ventas, Inc. has a 12 month low of $39.33 and a 12 month high of $50.99.

Ventas Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 18th. Investors of record on Monday, April 1st were given a dividend of $0.45 per share. The ex-dividend date of this dividend was Thursday, March 28th. This represents a $1.80 annualized dividend and a yield of 4.17%. Ventas’s dividend payout ratio is presently -1,636.21%.

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.