Los Angeles Capital Management LLC Sells 298,176 Shares of Ventas, Inc. (NYSE:VTR)

Los Angeles Capital Management LLC lessened its holdings in shares of Ventas, Inc. (NYSE:VTR) by 74.4% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 102,571 shares of the real estate investment trust’s stock after selling 298,176 shares during the quarter. Los Angeles Capital Management LLC’s holdings in Ventas were worth $5,112,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. International Assets Investment Management LLC lifted its holdings in shares of Ventas by 4,831.0% during the 4th quarter. International Assets Investment Management LLC now owns 231,856 shares of the real estate investment trust’s stock valued at $11,556,000 after purchasing an additional 227,154 shares in the last quarter. California Public Employees Retirement System raised its holdings in Ventas by 1.2% during the 3rd quarter. California Public Employees Retirement System now owns 776,160 shares of the real estate investment trust’s stock worth $32,700,000 after buying an additional 9,194 shares during the period. Mutual of America Capital Management LLC raised its holdings in Ventas by 10.4% during the 4th quarter. Mutual of America Capital Management LLC now owns 86,912 shares of the real estate investment trust’s stock worth $4,332,000 after buying an additional 8,199 shares during the period. SG Americas Securities LLC boosted its holdings in shares of Ventas by 114.9% in the fourth quarter. SG Americas Securities LLC now owns 47,578 shares of the real estate investment trust’s stock valued at $2,371,000 after buying an additional 25,442 shares during the period. Finally, OLD National Bancorp IN acquired a new position in shares of Ventas in the fourth quarter valued at approximately $6,046,000. 94.18% of the stock is currently owned by institutional investors.

Ventas Stock Performance

Shares of VTR stock opened at $46.79 on Monday. The stock has a market cap of $18.94 billion, a P/E ratio of -246.25, a P/E/G ratio of 2.52 and a beta of 1.25. The company has a fifty day moving average price of $43.36 and a two-hundred day moving average price of $45.17. Ventas, Inc. has a one year low of $39.33 and a one year high of $50.99. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.63 and a quick ratio of 0.63.

Ventas Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 18th. Investors of record on Monday, April 1st were issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 3.85%. The ex-dividend date of this dividend was Thursday, March 28th. Ventas’s payout ratio is currently -947.32%.

Analyst Ratings Changes

Several research firms recently commented on VTR. StockNews.com cut shares of Ventas from a “hold” rating to a “sell” rating in a research report on Tuesday, February 13th. Evercore ISI upgraded Ventas from an “in-line” rating to an “outperform” rating and set a $50.00 price target on the stock in a report on Monday, March 18th. Deutsche Bank Aktiengesellschaft began coverage on Ventas in a report on Tuesday, January 30th. They set a “buy” rating and a $60.00 price objective for the company. Bank of America upgraded Ventas from a “neutral” rating to a “buy” rating and boosted their target price for the company from $48.00 to $53.00 in a research note on Tuesday, January 16th. Finally, Wells Fargo & Company reaffirmed an “equal weight” rating and set a $46.00 price target (down from $52.00) on shares of Ventas in a research note on Monday, February 26th. One analyst has rated the stock with a sell rating, three have given a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $51.25.

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.