Kintegral Advisory LLC cut its position in Ventas, Inc. (NYSE:VTR – Free Report) by 4.4% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 8,740 shares of the real estate investment trust’s stock after selling 407 shares during the period. Kintegral Advisory LLC’s holdings in Ventas were worth $519,000 at the end of the most recent quarter.
Other institutional investors have also modified their holdings of the company. ST Germain D J Co. Inc. acquired a new stake in shares of Ventas in the fourth quarter valued at $27,000. Harbor Capital Advisors Inc. grew its stake in Ventas by 66.2% during the 4th quarter. Harbor Capital Advisors Inc. now owns 527 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 210 shares in the last quarter. New Wave Wealth Advisors LLC acquired a new position in Ventas during the 4th quarter worth $41,000. Morse Asset Management Inc acquired a new position in Ventas during the 3rd quarter worth $64,000. Finally, Roxbury Financial LLC acquired a new position in Ventas during the 4th quarter worth $69,000. 94.18% of the stock is owned by institutional investors and hedge funds.
Insiders Place Their Bets
In other Ventas news, CAO Gregory R. Liebbe sold 3,866 shares of the stock in a transaction that occurred on Thursday, February 13th. The stock was sold at an average price of $63.00, for a total transaction of $243,558.00. Following the completion of the sale, the chief accounting officer now directly owns 11,371 shares of the company’s stock, valued at approximately $716,373. This trade represents a 25.37 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.00% of the stock is owned by insiders.
Ventas Stock Down 1.2 %
Ventas (NYSE:VTR – Get Free Report) last announced its earnings results on Wednesday, February 12th. The real estate investment trust reported $0.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.83. Ventas had a return on equity of 0.82% and a net margin of 1.65%. On average, analysts forecast that Ventas, Inc. will post 3.4 earnings per share for the current fiscal year.
Ventas Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Monday, March 31st will be given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 2.91%. This is a boost from Ventas’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend is Monday, March 31st. Ventas’s dividend payout ratio (DPR) is presently 1,010.53%.
Analyst Ratings Changes
VTR has been the subject of several analyst reports. Wedbush boosted their target price on Ventas from $69.00 to $78.00 and gave the stock an “outperform” rating in a research note on Friday, February 14th. Mizuho lowered their target price on Ventas from $71.00 to $68.00 and set an “outperform” rating for the company in a research note on Thursday, December 5th. Robert W. Baird raised Ventas from a “neutral” rating to an “outperform” rating and lowered their target price for the stock from $66.00 to $65.00 in a research note on Friday, January 17th. StockNews.com raised Ventas from a “sell” rating to a “hold” rating in a research note on Friday, January 17th. Finally, Scotiabank boosted their target price on Ventas from $68.00 to $69.00 and gave the stock a “sector perform” rating in a research note on Monday, January 27th. Two investment analysts have rated the stock with a hold rating, six have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $69.14.
Read Our Latest Stock Report on Ventas
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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