Mutual Advisors LLC grew its holdings in Ventas, Inc. (NYSE:VTR) by 18.4% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 4,533 shares of the real estate investment trust’s stock after buying an additional 704 shares during the quarter. Mutual Advisors LLC’s holdings in Ventas were worth $331,000 at the end of the most recent reporting period.
Several other large investors have also made changes to their positions in VTR. Citizens Financial Group Inc RI boosted its holdings in Ventas by 230.5% in the third quarter. Citizens Financial Group Inc RI now owns 347 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 242 shares during the last quarter. Kavar Capital Partners LLC bought a new position in shares of Ventas during the 2nd quarter valued at about $27,000. HM Payson & Co. bought a new position in shares of Ventas during the 2nd quarter valued at about $29,000. Gradient Investments LLC lifted its holdings in shares of Ventas by 1,007.7% during the 2nd quarter. Gradient Investments LLC now owns 432 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 393 shares in the last quarter. Finally, Optimum Investment Advisors lifted its holdings in shares of Ventas by 77.1% during the 3rd quarter. Optimum Investment Advisors now owns 496 shares of the real estate investment trust’s stock valued at $36,000 after purchasing an additional 216 shares in the last quarter. Institutional investors own 87.86% of the company’s stock.
Ventas stock traded up $0.29 during midday trading on Friday, reaching $60.29. The stock had a trading volume of 30,643 shares, compared to its average volume of 2,475,850. The firm’s fifty day simple moving average is $70.35 and its 200-day simple moving average is $68.38. Ventas, Inc. has a 1-year low of $56.52 and a 1-year high of $75.40. The stock has a market capitalization of $22.54 billion, a P/E ratio of 14.81, a price-to-earnings-growth ratio of 5.21 and a beta of 0.17. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.72 and a current ratio of 0.72.
Ventas (NYSE:VTR) last posted its quarterly earnings results on Friday, October 25th. The real estate investment trust reported $0.23 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.94 by ($0.71). The company had revenue of $983.16 million for the quarter, compared to analyst estimates of $935.43 million. Ventas had a return on equity of 4.59% and a net margin of 12.73%. The firm’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same period last year, the firm earned $0.99 EPS. On average, sell-side analysts anticipate that Ventas, Inc. will post 3.84 earnings per share for the current fiscal year.
The business also recently declared a — dividend, which was paid on Friday, October 11th. Shareholders of record on Tuesday, October 1st were given a dividend of $0.7925 per share. This represents a dividend yield of 4.4%. The ex-dividend date of this dividend was Monday, September 30th. Ventas’s dividend payout ratio (DPR) is 77.89%.
Several equities analysts have recently weighed in on VTR shares. Morgan Stanley cut their price objective on Ventas from $73.00 to $67.00 and set an “equal weight” rating on the stock in a report on Wednesday. Barclays initiated coverage on Ventas in a report on Tuesday, September 3rd. They set an “equal weight” rating and a $74.00 price objective on the stock. Capital One Financial lowered Ventas from an “overweight” rating to an “equal weight” rating and dropped their target price for the company from $72.00 to $68.00 in a research report on Monday, October 28th. Citigroup lowered Ventas from a “buy” rating to a “neutral” rating and dropped their target price for the company from $76.00 to $67.00 in a research report on Monday, October 28th. Finally, ValuEngine lowered Ventas from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. Two analysts have rated the stock with a sell rating and fourteen have assigned a hold rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $66.58.
In other Ventas news, EVP John D. Cobb sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of $72.54, for a total transaction of $725,400.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 1.40% of the stock is owned by insiders.
Ventas, Inc, an S&P 500 company, is a leading real estate investment trust. Its diverse portfolio of approximately 1,200 assets in the United States, Canada and the United Kingdom consists of seniors housing communities, medical office buildings, university-based research and innovation centers, inpatient rehabilitation and long-term acute care facilities, and health systems.
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