TD Asset Management Inc Sells 5,647 Shares of Ventas, Inc. (NYSE:VTR)

TD Asset Management Inc decreased its holdings in shares of Ventas, Inc. (NYSE:VTR) by 4.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 127,968 shares of the real estate investment trust’s stock after selling 5,647 shares during the period. TD Asset Management Inc’s holdings in Ventas were worth $6,049,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VTR. Headlands Technologies LLC bought a new position in Ventas during the second quarter worth about $26,000. McIlrath & Eck LLC lifted its stake in Ventas by 184.4% during the second quarter. McIlrath & Eck LLC now owns 657 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 426 shares during the period. Fairfield Bush & CO. bought a new position in Ventas during the first quarter worth about $41,000. Resurgent Financial Advisors LLC bought a new position in Ventas during the fourth quarter worth about $50,000. Finally, V Square Quantitative Management LLC bought a new position in Ventas during the second quarter worth about $59,000. Institutional investors own 93.48% of the company’s stock.

Ventas Price Performance

VTR opened at $44.96 on Tuesday. The company has a fifty day moving average price of $42.73 and a two-hundred day moving average price of $44.56. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.43 and a current ratio of 0.43. Ventas, Inc. has a 52 week low of $39.33 and a 52 week high of $53.15. The firm has a market capitalization of $18.09 billion, a PE ratio of 4,500.50, a P/E/G ratio of 2.14 and a beta of 1.26.

Ventas Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 12th. Shareholders of record on Monday, October 2nd were issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 4.00%. The ex-dividend date was Friday, September 29th. Ventas’s dividend payout ratio is presently 18,018.02%.

Analysts Set New Price Targets

A number of research analysts have commented on VTR shares. StockNews.com cut shares of Ventas from a “hold” rating to a “sell” rating in a research note on Monday, November 6th. Wells Fargo & Company dropped their price objective on shares of Ventas from $49.00 to $47.00 and set an “overweight” rating for the company in a report on Monday, November 13th. Royal Bank of Canada dropped their price objective on shares of Ventas from $54.00 to $53.00 and set an “outperform” rating for the company in a report on Wednesday, August 9th. BNP Paribas started coverage on shares of Ventas in a report on Wednesday, October 11th. They set an “outperform” rating and a $47.00 price objective for the company. Finally, Raymond James lowered shares of Ventas from a “strong-buy” rating to an “outperform” rating and dropped their price objective for the stock from $55.00 to $53.00 in a report on Wednesday, September 20th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $50.62.

About Ventas

Ventas Inc, an S&P 500 company, operates at the intersection of two large and dynamic industries healthcare and real estate. Fueled by powerful demographic demand from growth in the aging population, Ventas owns or has investments in a highly diversified portfolio of approximately 1,400 properties in the United States, Canada, and the United Kingdom.