State Treasurer State of Michigan reduced its stake in Ventas, Inc. (NYSE:VTR) by 3.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 104,410 shares of the real estate investment trust’s stock after selling 3,700 shares during the period. State Treasurer State of Michigan’s holdings in Ventas were worth $6,266,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Amica Retiree Medical Trust bought a new position in shares of Ventas in the third quarter worth $131,000. CENTRAL TRUST Co boosted its holdings in shares of Ventas by 85.7% in the fourth quarter. CENTRAL TRUST Co now owns 2,357 shares of the real estate investment trust’s stock worth $141,000 after acquiring an additional 1,088 shares during the period. Cable Hill Partners LLC bought a new position in shares of Ventas in the third quarter worth $174,000. Carnick & Kubik Group LLC bought a new position in shares of Ventas in the third quarter worth $204,000. Finally, Vident Investment Advisory LLC bought a new position in shares of Ventas in the third quarter worth $206,000. 90.34% of the stock is owned by hedge funds and other institutional investors.

Shares of Ventas, Inc. (NYSE:VTR) opened at $54.33 on Monday. The stock has a market capitalization of $19,350.00 and a price-to-earnings ratio of 32.34. Ventas, Inc. has a 52 week low of $53.52 and a 52 week high of $72.36. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.46 and a current ratio of 1.46.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 12th. Investors of record on Tuesday, January 2nd were paid a dividend of $0.79 per share. This is a positive change from Ventas’s previous quarterly dividend of $0.78. The ex-dividend date of this dividend was Friday, December 29th. This represents a $3.16 annualized dividend and a yield of 5.82%. Ventas’s dividend payout ratio (DPR) is currently 188.10%.

A number of research firms have recently commented on VTR. ValuEngine lowered Ventas from a “buy” rating to a “hold” rating in a research note on Friday. SunTrust Banks set a $59.00 price objective on Ventas and gave the company a “hold” rating in a research note on Monday, January 22nd. Zacks Investment Research raised Ventas from a “sell” rating to a “hold” rating in a research note on Wednesday, November 22nd. BMO Capital Markets set a $55.00 price objective on Ventas and gave the company a “sell” rating in a research note on Monday, January 15th. Finally, KeyCorp set a $50.00 price objective on Ventas and gave the company a “sell” rating in a research note on Thursday, January 11th. Eight investment analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $62.11.

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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.

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Institutional Ownership by Quarter for Ventas (NYSE:VTR)

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