Burns Matteson Capital Management LLC Sells 906 Shares of Ventas, Inc. (NYSE:VTR)

Burns Matteson Capital Management LLC reduced its position in shares of Ventas, Inc. (NYSE:VTR) by 4.9% in the 4th quarter, Holdings Channel reports. The firm owned 17,613 shares of the real estate investment trust’s stock after selling 906 shares during the period. Burns Matteson Capital Management LLC’s holdings in Ventas were worth $1,037,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. ST Germain D J Co. Inc. bought a new stake in shares of Ventas during the 4th quarter valued at approximately $27,000. Harbor Capital Advisors Inc. boosted its position in Ventas by 66.2% in the fourth quarter. Harbor Capital Advisors Inc. now owns 527 shares of the real estate investment trust’s stock valued at $31,000 after buying an additional 210 shares in the last quarter. New Wave Wealth Advisors LLC bought a new stake in shares of Ventas during the fourth quarter worth $41,000. Global X Japan Co. Ltd. acquired a new position in shares of Ventas during the third quarter worth $48,000. Finally, Morse Asset Management Inc acquired a new position in shares of Ventas during the third quarter worth $64,000. 94.18% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on VTR. Scotiabank boosted their price objective on Ventas from $68.00 to $69.00 and gave the stock a “sector perform” rating in a research report on Monday, January 27th. Wedbush restated an “outperform” rating and set a $75.00 price target on shares of Ventas in a report on Thursday, December 19th. StockNews.com raised Ventas from a “sell” rating to a “hold” rating in a research note on Friday, January 17th. Mizuho cut their target price on shares of Ventas from $71.00 to $68.00 and set an “outperform” rating on the stock in a research report on Thursday, December 5th. Finally, Robert W. Baird upgraded shares of Ventas from a “neutral” rating to an “outperform” rating and decreased their price target for the company from $66.00 to $65.00 in a research report on Friday, January 17th. Two analysts have rated the stock with a hold rating, six have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $68.71.

Ventas Stock Up 0.1 %

Shares of VTR stock opened at $60.60 on Monday. The business’s 50 day simple moving average is $59.60 and its 200 day simple moving average is $61.27. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.39. Ventas, Inc. has a one year low of $41.45 and a one year high of $67.61.

Ventas Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 16th. Stockholders of record on Tuesday, December 31st were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.97%. The ex-dividend date of this dividend was Tuesday, December 31st. Ventas’s dividend payout ratio is currently -1,058.76%.

About Ventas

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.