Ventas, Inc. $VTR Stock: Inspire Investing LLC Boosts Holdings

Inspire Investing LLC raised its stake in shares of Ventas, Inc. (NYSE:VTR) by 24.2% in the 3rd quarter, Holdings Channel reports. The firm owned 97,457 shares of the real estate investment trust’s stock after purchasing an additional 19,008 shares during the quarter. Inspire Investing LLC’s holdings in Ventas were worth $8,286,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VTR. XXI Wealth LLC bought a new stake in shares of Ventas in the 3rd quarter valued at about $244,000. Yousif Capital Management LLC raised its position in shares of Ventas by 3.0% during the third quarter. Yousif Capital Management LLC now owns 74,617 shares of the real estate investment trust’s stock worth $6,344,000 after acquiring an additional 2,192 shares during the last quarter. MBL Wealth LLC bought a new position in shares of Ventas during the third quarter worth about $519,000. Old North State Wealth Management LLC lifted its stake in shares of Ventas by 1.3% in the third quarter. Old North State Wealth Management LLC now owns 43,422 shares of the real estate investment trust’s stock worth $3,695,000 after acquiring an additional 547 shares during the period. Finally, Root Financial Partners LLC acquired a new position in shares of Ventas in the third quarter worth approximately $130,000. 94.18% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Mizuho upped their target price on Ventas from $98.00 to $104.00 and gave the company an “outperform” rating in a report on Wednesday, July 22nd. Cantor Fitzgerald raised their price target on shares of Ventas from $97.00 to $102.00 and gave the stock an “overweight” rating in a report on Friday, July 31st. Royal Bank Of Canada boosted their price target on shares of Ventas from $98.00 to $99.00 and gave the stock an “outperform” rating in a research report on Friday, August 14th. BNP Paribas Exane boosted their price target on shares of Ventas from $93.00 to $110.00 and gave the stock an “outperform” rating in a research report on Thursday, July 30th. Finally, Jefferies Financial Group reduced their price objective on shares of Ventas from $102.00 to $95.00 in a research note on Monday, October 12th. Eighteen equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Ventas currently has a consensus rating of “Moderate Buy” and a consensus price target of $98.91.

Ventas Stock Performance

VTR stock opened at $86.86 on Friday. The stock has a 50-day moving average price of $87.89 and a 200-day moving average price of $88.06. Ventas, Inc. has a 1-year low of $68.15 and a 1-year high of $101.60. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 0.86. The firm has a market cap of $44.55 billion, a PE ratio of 160.85, a price-to-earnings-growth ratio of 3.40 and a beta of 0.72.

Ventas (NYSE:VTR) last announced its earnings results on Wednesday, July 29th. The real estate investment trust reported $0.97 EPS for the quarter, beating the consensus estimate of $0.96 by $0.01. Ventas had a return on equity of 1.99% and a net margin of 4.08%. The company had revenue of $1.73 billion for the quarter, compared to analyst estimates of $1.68 billion. During the same quarter in the prior year, the company earned $0.87 EPS. The firm’s revenue for the quarter was up 21.7% compared to the same quarter last year. As a group, equities research analysts expect that Ventas, Inc. will post 3.89 earnings per share for the current year.

Ventas Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were paid a $0.52 dividend. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $2.08 annualized dividend and a yield of 2.4%. Ventas’s payout ratio is 385.19%.

Ventas Profile

Ventas, Inc (NYSE: VTR) is a real estate investment trust focused on healthcare and senior housing properties. The company owns, manages and develops a diversified portfolio of healthcare-related real estate, including senior living communities, medical office buildings, life science and innovation centers, and other properties serving healthcare providers and institutions.

Ventas generally leases its properties to healthcare operators, physicians, health systems, universities and research organizations.