Pettyjohn Wood & White Inc. lessened its stake in Ventas, Inc. (NYSE:VTR) by 1.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 47,072 shares of the real estate investment trust’s stock after selling 880 shares during the period. Pettyjohn Wood & White Inc.’s holdings in Ventas were worth $3,271,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Cribstone Capital Management LLC grew its position in Ventas by 1.5% in the 2nd quarter. Cribstone Capital Management LLC now owns 1,922 shares of the real estate investment trust’s stock worth $134,000 after purchasing an additional 28 shares during the period. Bronfman E.L. Rothschild L.P. grew its position in shares of Ventas by 48.0% during the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 2,003 shares of the real estate investment trust’s stock valued at $139,000 after acquiring an additional 650 shares during the period. Northern Capital Management LLC bought a new stake in shares of Ventas during the 2nd quarter valued at $202,000. Honkamp Krueger Financial Services Inc. bought a new stake in shares of Ventas during the 2nd quarter valued at $203,000. Finally, Strategic Financial Group LLC bought a new stake in shares of Ventas during the 2nd quarter valued at $208,000. 89.17% of the stock is owned by institutional investors and hedge funds.

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Shares of Ventas, Inc. (NYSE:VTR) traded down 2.19% on Friday, reaching $66.04. 1,901,963 shares of the company traded hands. The stock has a market capitalization of $23.52 billion, a price-to-earnings ratio of 33.45 and a beta of 0.08. Ventas, Inc. has a 1-year low of $56.20 and a 1-year high of $73.23. The company has a 50-day moving average of $67.37 and a 200-day moving average of $66.32.

Ventas (NYSE:VTR) last released its quarterly earnings data on Friday, July 28th. The real estate investment trust reported $1.06 EPS for the quarter, topping analysts’ consensus estimates of $0.45 by $0.61. The firm had revenue of $895.49 million during the quarter, compared to the consensus estimate of $890.01 million. Ventas had a net margin of 20.08% and a return on equity of 6.31%. The firm’s revenue was up 5.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.42 earnings per share. Analysts anticipate that Ventas, Inc. will post $1.82 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Tuesday, September 12th will be issued a $0.775 dividend. This represents a $3.10 dividend on an annualized basis and a yield of 4.69%. The ex-dividend date is Monday, September 11th. Ventas’s dividend payout ratio is presently 157.36%.

A number of brokerages have recently issued reports on VTR. BidaskClub downgraded shares of Ventas from a “sell” rating to a “strong sell” rating in a research report on Wednesday, August 9th. Bank of America Corporation downgraded shares of Ventas from a “buy” rating to a “neutral” rating in a research report on Friday. KeyCorp reissued a “sell” rating and set a $55.00 price objective on shares of Ventas in a research report on Sunday, September 17th. Mizuho reissued a “neutral” rating on shares of Ventas in a research report on Wednesday, June 28th. Finally, Royal Bank Of Canada reissued a “buy” rating on shares of Ventas in a research report on Wednesday, September 6th. Six research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the stock. Ventas currently has an average rating of “Hold” and an average price target of $63.38.

About Ventas

Ventas, Inc is a real estate investment trust (REIT) with its properties located throughout the United States, Canada and the United Kingdom. The Company operates through three segments: triple-net leased properties, senior living operations and office operations. Under its triple-net leased properties segment, the Company invests in and owns seniors housing and healthcare properties throughout the United States and the United Kingdom and leases those properties to healthcare operating companies under triple-net or absolute-net leases that obligate the tenants to pay all property-related expenses.

Institutional Ownership by Quarter for Ventas (NYSE:VTR)

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