9,258 Ventas, Inc. $VTR Shares Purchased by Kestra Advisory Services LLC

Kestra Advisory Services LLC increased its position in shares of Ventas, Inc. (NYSE:VTR) by 31.6% in the 3rd quarter, HoldingsChannel reports. The fund owned 38,551 shares of the real estate investment trust’s stock after acquiring an additional 9,258 shares during the period. Kestra Advisory Services LLC’s holdings in Ventas were worth $3,278,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Andra AP fonden increased its position in shares of Ventas by 514.0% during the second quarter. Andra AP fonden now owns 127,700 shares of the real estate investment trust’s stock worth $11,340,000 after purchasing an additional 106,902 shares in the last quarter. Jefferies Financial Group Inc. purchased a new stake in shares of Ventas during the 2nd quarter valued at $1,281,000. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of Ventas during the 2nd quarter valued at $17,244,000. Baird Financial Group Inc. boosted its position in shares of Ventas by 39.8% in the 2nd quarter. Baird Financial Group Inc. now owns 227,174 shares of the real estate investment trust’s stock worth $20,173,000 after purchasing an additional 64,687 shares in the last quarter. Finally, Adelante Capital Management LLC acquired a new stake in shares of Ventas in the 2nd quarter worth $52,737,000. Institutional investors own 94.18% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on VTR shares. Weiss Ratings downgraded Ventas from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, November 3rd. Citigroup upped their target price on Ventas from $100.00 to $110.00 and gave the company a “buy” rating in a research report on Tuesday, August 4th. Evercore set a $100.00 price target on Ventas and gave the company an “outperform” rating in a research note on Monday, September 21st. Royal Bank Of Canada raised their price target on Ventas from $98.00 to $99.00 and gave the stock an “outperform” rating in a report on Friday, August 14th. Finally, Scotiabank raised their price target on Ventas from $93.00 to $95.00 and gave the stock a “sector perform” rating in a report on Wednesday, September 2nd. Seventeen equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, Ventas presently has a consensus rating of “Moderate Buy” and an average target price of $99.68.

Ventas Stock Performance

Ventas stock traded down $0.71 during mid-day trading on Friday, reaching $88.94. 2,226,914 shares of the company traded hands, compared to its average volume of 3,550,009. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.43 and a quick ratio of 0.43. Ventas, Inc. has a fifty-two week low of $73.82 and a fifty-two week high of $101.60. The company has a market capitalization of $47.03 billion, a price-to-earnings ratio of 167.81, a price-to-earnings-growth ratio of 3.67 and a beta of 0.77. The firm’s fifty day moving average is $86.40 and its two-hundred day moving average is $87.03.

Ventas (NYSE:VTR) last posted its quarterly earnings results on Tuesday, October 27th. The real estate investment trust reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $1.77 billion. During the same period in the prior year, the business posted $0.88 EPS. The company’s quarterly revenue was up 23.0% on a year-over-year basis. On average, equities research analysts expect that Ventas, Inc. will post 3.89 earnings per share for the current fiscal year.

Ventas Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 30th were given a $0.52 dividend. This represents a $2.08 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend was Wednesday, September 30th. Ventas’s dividend payout ratio is presently 392.45%.

About Ventas

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.