Jefferies Financial Group Inc. raised its position in Ventas, Inc. (NYSE:VTR – Free Report) by 1,429.5% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 220,710 shares of the real estate investment trust’s stock after acquiring an additional 206,280 shares during the quarter. Jefferies Financial Group Inc.’s holdings in Ventas were worth $18,765,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also bought and sold shares of the company. Andra AP fonden boosted its holdings in shares of Ventas by 514.0% in the second quarter. Andra AP fonden now owns 127,700 shares of the real estate investment trust’s stock worth $11,340,000 after buying an additional 106,902 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in Ventas during the second quarter valued at approximately $17,244,000. Adelante Capital Management LLC bought a new stake in Ventas during the second quarter valued at approximately $52,737,000. Baird Financial Group Inc. increased its holdings in Ventas by 39.8% during the second quarter. Baird Financial Group Inc. now owns 227,174 shares of the real estate investment trust’s stock valued at $20,173,000 after buying an additional 64,687 shares during the last quarter. Finally, Sei Investments Co. increased its holdings in Ventas by 3.3% during the first quarter. Sei Investments Co. now owns 660,428 shares of the real estate investment trust’s stock valued at $54,010,000 after buying an additional 21,378 shares during the last quarter. 94.18% of the stock is owned by hedge funds and other institutional investors.
Ventas Stock Up 0.0%
VTR stock opened at $90.36 on Thursday. The business’s 50-day moving average price is $86.51 and its 200-day moving average price is $86.89. The stock has a market cap of $47.79 billion, a P/E ratio of 170.50, a PEG ratio of 3.70 and a beta of 0.77. The company has a quick ratio of 0.43, a current ratio of 0.43 and a debt-to-equity ratio of 0.78. Ventas, Inc. has a twelve month low of $73.82 and a twelve month 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). The firm had revenue of $1.83 billion during the quarter, compared to analysts’ expectations of $1.77 billion. Ventas had a return on equity of 1.86% and a net margin of 3.86%. The company’s revenue was up 23.0% compared to the same quarter last year. During the same period in the prior year, the company posted $0.88 earnings per share. On average, equities research analysts forecast that Ventas, Inc. will post 3.89 EPS for the current year.
Ventas Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were given a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date was Wednesday, September 30th. Ventas’s dividend payout ratio is presently 392.45%.
Wall Street Analysts Forecast Growth
VTR has been the topic of several recent research reports. Cantor Fitzgerald decreased their price target on shares of Ventas from $102.00 to $95.00 and set an “overweight” rating on the stock in a research report on Thursday, October 29th. Wells Fargo & Company dropped their price target on shares of Ventas from $104.00 to $96.00 and set an “overweight” rating on the stock in a research note on Monday, October 19th. Scotiabank boosted their price objective on shares of Ventas from $93.00 to $95.00 and gave the company a “sector perform” rating in a research report on Wednesday, September 2nd. BMO Capital Markets upped their price objective on Ventas from $105.00 to $107.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 11th. Finally, Royal Bank Of Canada upped their price objective on Ventas from $98.00 to $99.00 and gave the stock an “outperform” rating in a research note on Friday, August 14th. Seventeen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $99.68.
Get Our Latest Analysis on VTR
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.
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