Ventas, Inc. (NYSE:VTR) Shares Purchased by Cibc World Markets Corp

Cibc World Markets Corp raised its stake in Ventas, Inc. (NYSE:VTR) by 14.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 188,063 shares of the real estate investment trust’s stock after purchasing an additional 23,332 shares during the period. Cibc World Markets Corp’s holdings in Ventas were worth $11,075,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Ventas by 862.7% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,932,017 shares of the real estate investment trust’s stock valued at $252,160,000 after buying an additional 3,523,594 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its position in Ventas by 105.2% in the third quarter. Massachusetts Financial Services Co. MA now owns 5,420,322 shares of the real estate investment trust’s stock valued at $347,605,000 after acquiring an additional 2,778,408 shares during the last quarter. FMR LLC boosted its stake in Ventas by 4.4% in the third quarter. FMR LLC now owns 23,364,810 shares of the real estate investment trust’s stock valued at $1,498,385,000 after acquiring an additional 982,795 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Ventas by 2.2% during the third quarter. JPMorgan Chase & Co. now owns 27,557,480 shares of the real estate investment trust’s stock worth $1,767,261,000 after purchasing an additional 599,600 shares during the last quarter. Finally, State Street Corp increased its position in shares of Ventas by 2.2% during the third quarter. State Street Corp now owns 26,671,227 shares of the real estate investment trust’s stock worth $1,710,426,000 after purchasing an additional 581,870 shares in the last quarter. Institutional investors and hedge funds own 94.18% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Morgan Stanley upped their target price on Ventas from $65.00 to $70.00 and gave the company an “equal weight” rating in a research report on Tuesday, March 11th. Baird R W raised Ventas from a “hold” rating to a “strong-buy” rating in a report on Friday, January 17th. Wells Fargo & Company lifted their target price on shares of Ventas from $72.00 to $77.00 and gave the company an “overweight” rating in a report on Monday, March 10th. Robert W. Baird upgraded shares of Ventas from a “neutral” rating to an “outperform” rating and decreased their price target for the stock from $66.00 to $65.00 in a research note on Friday, January 17th. Finally, Royal Bank of Canada lifted their price objective on shares of 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 assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $72.90.

Ventas Stock Down 0.9 %

Shares of Ventas stock opened at $68.11 on Wednesday. Ventas, Inc. has a one year low of $41.45 and a one year high of $71.10. The company has a market cap of $29.77 billion, a P/E ratio of 358.50, a PEG 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. The firm has a fifty day moving average of $63.44 and a two-hundred day moving average of $63.00.

Ventas (NYSE:VTR) last issued its quarterly earnings results on Wednesday, February 12th. The real estate investment trust reported $0.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.83. Ventas had a net margin of 1.65% and a return on equity of 0.82%. On average, analysts forecast 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. Stockholders of record on Monday, March 31st will be issued a $0.48 dividend. This is a boost from Ventas’s previous quarterly dividend of $0.45. This represents a $1.92 annualized dividend and a dividend yield of 2.82%. The ex-dividend date is Monday, March 31st. Ventas’s dividend payout ratio (DPR) is currently 1,010.53%.

Insider Activity at Ventas

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

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.