Corient Private Wealth LLC decreased its stake in Ventas, Inc. (NYSE:VTR – Free Report) by 4.8% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 143,761 shares of the real estate investment trust’s stock after selling 7,272 shares during the quarter. Corient Private Wealth LLC’s holdings in Ventas were worth $8,466,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also recently bought and sold shares of VTR. D.A. Davidson & CO. raised its stake in Ventas by 0.5% during the 4th quarter. D.A. Davidson & CO. now owns 34,973 shares of the real estate investment trust’s stock valued at $2,060,000 after purchasing an additional 172 shares during the period. Personal CFO Solutions LLC grew its holdings in shares of Ventas by 3.4% during the fourth quarter. Personal CFO Solutions LLC now owns 5,186 shares of the real estate investment trust’s stock valued at $305,000 after buying an additional 172 shares in the last quarter. Global Retirement Partners LLC raised its position in Ventas by 17.0% during the fourth quarter. Global Retirement Partners LLC now owns 1,221 shares of the real estate investment trust’s stock valued at $72,000 after buying an additional 177 shares during the period. Carmel Capital Partners LLC lifted its stake in Ventas by 2.5% in the 4th quarter. Carmel Capital Partners LLC now owns 7,947 shares of the real estate investment trust’s stock worth $468,000 after acquiring an additional 195 shares in the last quarter. Finally, Eastern Bank boosted its position in Ventas by 6.4% during the 4th quarter. Eastern Bank now owns 3,308 shares of the real estate investment trust’s stock worth $195,000 after acquiring an additional 200 shares during the period. Hedge funds and other institutional investors own 94.18% of the company’s stock.
Insider Buying and Selling
In other Ventas news, CEO Debra A. Cafaro sold 214,679 shares of the company’s stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $68.22, for a total transaction of $14,645,401.38. Following the completion of the sale, the chief executive officer now directly owns 1,138,143 shares in the company, valued at $77,644,115.46. This represents a 15.87 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Gregory R. Liebbe sold 3,866 shares of Ventas stock in a transaction dated Thursday, February 13th. The stock was sold at an average price of $63.00, for a total value of $243,558.00. Following the completion of the transaction, the chief accounting officer now owns 11,371 shares in the company, valued at $716,373. The trade was a 25.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 260,227 shares of company stock valued at $17,769,097. Company insiders own 1.00% of the company’s stock.
Ventas Price Performance
Ventas (NYSE:VTR – Get Free Report) last issued its quarterly earnings data on Wednesday, February 12th. The real estate investment trust reported $0.81 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.83. Ventas had a return on equity of 0.82% and a net margin of 1.65%. On average, analysts anticipate that Ventas, Inc. will post 3.4 earnings per share for the current fiscal year.
Ventas Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Monday, March 31st will be paid a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.84%. This is a boost from Ventas’s previous quarterly dividend of $0.45. The ex-dividend date is Monday, March 31st. Ventas’s payout ratio is presently 1,010.53%.
Analyst Ratings Changes
A number of equities analysts have recently weighed in on VTR shares. Morgan Stanley upped their target price on Ventas from $65.00 to $70.00 and gave the company an “equal weight” rating in a report on Tuesday, March 11th. Robert W. Baird upgraded shares of Ventas from a “neutral” rating to an “outperform” rating and cut their target price for the stock from $66.00 to $65.00 in a research report on Friday, January 17th. Argus set a $75.00 price target on shares of Ventas in a report on Friday, March 7th. Baird R W raised shares of Ventas from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 17th. Finally, Wells Fargo & Company lifted their price objective on Ventas from $72.00 to $77.00 and gave the company an “overweight” rating in a research report on Monday, March 10th. Four investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $72.90.
Check Out Our Latest Stock Report on Ventas
Ventas Profile
Ventas Inc (NYSE: VTR) is a leading S&P 500 real estate investment trust focused on delivering strong, sustainable shareholder returns by enabling exceptional environments that benefit a large and growing aging population. The Company's growth is fueled by its senior housing communities, which provide valuable services to residents and enable them to thrive in supported environments.
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