Machina Capital S.A.S. purchased a new position in shares of Ventas, Inc. (NYSE:VTR – Free Report) in the 3rd quarter, HoldingsChannel.com reports. The fund purchased 26,434 shares of the real estate investment trust’s stock, valued at approximately $2,247,000.
Several other institutional investors have also added to or reduced their stakes in VTR. Angeles Wealth Management LLC increased its position in Ventas by 3.3% during the 2nd quarter. Angeles Wealth Management LLC now owns 3,439 shares of the real estate investment trust’s stock worth $307,000 after buying an additional 110 shares during the period. 1834 Investment Advisors Co. boosted its position in shares of Ventas by 0.8% in the third quarter. 1834 Investment Advisors Co. now owns 15,149 shares of the real estate investment trust’s stock valued at $1,288,000 after acquiring an additional 120 shares during the period. Versant Capital Management Inc boosted its position in shares of Ventas by 18.7% in the third quarter. Versant Capital Management Inc now owns 933 shares of the real estate investment trust’s stock valued at $79,000 after acquiring an additional 147 shares during the period. Sequoia Financial Advisors LLC grew its stake in shares of Ventas by 1.2% in the first quarter. Sequoia Financial Advisors LLC now owns 12,894 shares of the real estate investment trust’s stock valued at $1,054,000 after acquiring an additional 148 shares in the last quarter. Finally, Eastern Bank grew its stake in shares of Ventas by 5.0% in the third quarter. Eastern Bank now owns 3,230 shares of the real estate investment trust’s stock valued at $275,000 after acquiring an additional 155 shares in the last quarter. 94.18% of the stock is currently owned by institutional investors.
Ventas Stock Performance
NYSE:VTR opened at $89.59 on Friday. The stock has a fifty day moving average price of $86.46 and a 200-day moving average price of $86.96. The company has a market cap of $47.38 billion, a price-to-earnings ratio of 23.86, a PEG ratio of 3.70 and a beta of 0.77. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.43 and a current ratio of 0.43. Ventas, Inc. has a fifty-two week low of $73.82 and a fifty-two week high of $101.60.
Ventas (NYSE:VTR – Get Free Report) last released its earnings results on Tuesday, October 27th. The real estate investment trust reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.98 by ($0.85). Ventas had a return on equity of 1.86% and a net margin of 3.86%. The company had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.77 billion. During the same period last year, the company posted $0.88 earnings per share. The business’s revenue for the quarter was up 23.0% compared to the same quarter last year. As a group, equities analysts anticipate that Ventas, Inc. will post 3.89 EPS for the current fiscal year.
Ventas Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were paid a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date was Wednesday, September 30th. Ventas’s dividend payout ratio is presently 392.45%.
Analysts Set New Price Targets
A number of research firms recently commented on VTR. Evercore set a $100.00 price target on shares of Ventas and gave the stock an “outperform” rating in a research report on Monday, September 21st. Jefferies Financial Group cut their price objective on shares of Ventas from $102.00 to $95.00 in a report on Monday, October 12th. Mizuho increased their target price on shares of Ventas from $98.00 to $104.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 22nd. Weiss Ratings cut shares of Ventas from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, November 3rd. Finally, Barclays lowered their target price on shares of Ventas from $102.00 to $91.00 and set an “equal weight” rating on the stock in a report on Tuesday, October 13th. Seventeen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $99.68.
Read Our Latest Stock Report on VTR
Ventas Company Profile
Ventas, Inc. is a real estate investment trust focused on properties and services that support the health care and senior living sectors. Its portfolio includes senior housing communities, outpatient medical buildings, and research and life science facilities. The company owns and invests in properties across the United States, Canada, and the United Kingdom. Many of its communities and facilities are operated by health care and senior living providers, while Ventas provides real estate capital and asset management.
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