Kistler Tiffany Companies LLC reduced its position in Ventas, Inc. (NYSE:VTR) by 16.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,186 shares of the real estate investment trust’s stock after selling 240 shares during the quarter. Kistler Tiffany Companies LLC’s holdings in Ventas were worth $68,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors have also recently added to or reduced their stakes in the business. Northwestern Mutual Investment Management Company LLC boosted its holdings in shares of Ventas by 1.3% in the third quarter. Northwestern Mutual Investment Management Company LLC now owns 14,189 shares of the real estate investment trust’s stock worth $1,036,000 after acquiring an additional 177 shares during the period. Carroll Financial Associates Inc. lifted its holdings in Ventas by 4.4% during the 4th quarter. Carroll Financial Associates Inc. now owns 4,305 shares of the real estate investment trust’s stock worth $248,000 after purchasing an additional 180 shares in the last quarter. FTB Advisors Inc. boosted its stake in Ventas by 21.2% in the 3rd quarter. FTB Advisors Inc. now owns 1,048 shares of the real estate investment trust’s stock worth $77,000 after purchasing an additional 183 shares during the period. Outlook Wealth Advisors LLC boosted its stake in Ventas by 3.0% in the 2nd quarter. Outlook Wealth Advisors LLC now owns 6,774 shares of the real estate investment trust’s stock worth $463,000 after purchasing an additional 197 shares during the period. Finally, Optimum Investment Advisors boosted its stake in Ventas by 77.1% in the 3rd quarter. Optimum Investment Advisors now owns 496 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 216 shares during the period. 88.12% of the stock is owned by institutional investors and hedge funds.
VTR has been the topic of several analyst reports. Citigroup cut Ventas from a “buy” rating to a “neutral” rating and decreased their price target for the company from $76.00 to $67.00 in a research report on Monday, October 28th. BMO Capital Markets cut their price objective on shares of Ventas to $63.00 and set a “market perform” rating for the company in a research report on Friday, November 8th. TheStreet cut shares of Ventas from a “b-” rating to a “c+” rating in a research note on Friday, November 15th. Mizuho began coverage on shares of Ventas in a report on Friday, December 20th. They set a “neutral” rating and a $58.00 target price on the stock. Finally, Capital One Financial cut shares of Ventas from an “overweight” rating to an “equal weight” rating and lowered their target price for the stock from $72.00 to $68.00 in a research note on Monday, October 28th. Two research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and one has assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $64.57.
VTR stock opened at $57.00 on Wednesday. The company’s 50 day moving average is $57.25 and its 200 day moving average is $66.16. The stock has a market cap of $21.26 billion, a price-to-earnings ratio of 14.00, a price-to-earnings-growth ratio of 6.44 and a beta of 0.12. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.11. Ventas, Inc. has a 1-year low of $54.59 and a 1-year high of $75.40.
Ventas (NYSE:VTR) last announced its earnings results on Friday, October 25th. The real estate investment trust reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.94 by ($0.71). The company had revenue of $983.16 million for the quarter, compared to the consensus estimate of $935.43 million. Ventas had a net margin of 12.73% and a return on equity of 4.59%. The company’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.99 earnings per share. As a group, sell-side analysts forecast that Ventas, Inc. will post 3.84 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Monday, January 13th. Investors of record on Thursday, January 2nd were given a $0.7925 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $3.17 annualized dividend and a yield of 5.56%. Ventas’s dividend payout ratio (DPR) is presently 77.89%.
Ventas Company Profile
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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