Bokf Na cut its stake in shares of Ventas, Inc. (NYSE:VTR) by 5.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 9,818 shares of the real estate investment trust’s stock after selling 520 shares during the period. Bokf Na’s holdings in Ventas were worth $576,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in VTR. Rational Advisors LLC acquired a new position in shares of Ventas during the fourth quarter worth $34,000. Reilly Financial Advisors LLC acquired a new position in shares of Ventas during the fourth quarter worth $35,000. Oregon Public Employees Retirement Fund increased its holdings in shares of Ventas by 5,686.9% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 2,253,547 shares of the real estate investment trust’s stock worth $38,000 after buying an additional 2,214,605 shares in the last quarter. Berman Capital Advisors LLC acquired a new position in shares of Ventas during the fourth quarter worth $41,000. Finally, Eukles Asset Management acquired a new position in shares of Ventas during the fourth quarter worth $48,000. Institutional investors own 87.70% of the company’s stock.
Shares of Ventas stock opened at $61.68 on Thursday. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 1.04. Ventas, Inc. has a twelve month low of $46.55 and a twelve month high of $65.70. The firm has a market capitalization of $21.94 billion, a P/E ratio of 15.15, a price-to-earnings-growth ratio of 5.18 and a beta of 0.32.
Ventas (NYSE:VTR) last issued its quarterly earnings data on Friday, February 8th. The real estate investment trust reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.95 by $0.01. Ventas had a net margin of 10.93% and a return on equity of 3.54%. The company had revenue of $923.26 million for the quarter, compared to analysts’ expectations of $913.92 million. During the same quarter in the previous year, the firm posted $1.03 earnings per share. Ventas’s revenue for the quarter was up 3.1% on a year-over-year basis. As a group, sell-side analysts predict that Ventas, Inc. will post 3.82 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 12th. Investors of record on Monday, April 1st will be paid a $0.7925 dividend. The ex-dividend date is Friday, March 29th. This represents a $3.17 annualized dividend and a dividend yield of 5.14%. Ventas’s dividend payout ratio is 77.89%.
Several brokerages have recently issued reports on VTR. Scotiabank began coverage on shares of Ventas in a report on Monday, December 10th. They set a “sector perform” rating and a $66.00 price target for the company. BMO Capital Markets boosted their price objective on shares of Ventas from $60.00 to $62.00 and gave the stock a “market perform” rating in a research note on Monday, February 11th. KeyCorp set a $55.00 price objective on shares of Ventas and gave the stock a “sell” rating in a research note on Thursday, December 20th. Finally, Zacks Investment Research cut shares of Ventas from a “hold” rating to a “sell” rating in a research note on Monday, December 31st. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $59.40.
In other Ventas news, CFO Robert F. Probst sold 10,000 shares of the company’s stock in a transaction on Tuesday, February 12th. The shares were sold at an average price of $63.31, for a total transaction of $633,100.00. Following the sale, the chief financial officer now owns 100,064 shares of the company’s stock, valued at $6,335,051.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman Debra A. Cafaro sold 68,084 shares of the company’s stock in a transaction on Wednesday, February 13th. The shares were sold at an average price of $64.09, for a total transaction of $4,363,503.56. Following the sale, the chairman now directly owns 805,835 shares in the company, valued at approximately $51,645,965.15. The disclosure for this sale can be found here. In the last three months, insiders sold 88,084 shares of company stock worth $5,646,704. 1.40% of the stock is currently 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, health systems and skilled nursing facilities.
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