Glenview Trust Co boosted its stake in Ventas, Inc. (NYSE:VTR) by 0.4% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,035 shares of the real estate investment trust’s stock after purchasing an additional 68 shares during the period. Glenview Trust Co’s holdings in Ventas were worth $1,253,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in Ventas by 2.2% during the first quarter. Vanguard Group Inc. now owns 51,025,903 shares of the real estate investment trust’s stock valued at $3,318,724,000 after acquiring an additional 1,110,305 shares during the last quarter. BlackRock Inc. boosted its position in Ventas by 1.8% during the second quarter. BlackRock Inc. now owns 37,205,113 shares of the real estate investment trust’s stock valued at $2,585,012,000 after acquiring an additional 671,502 shares during the last quarter. State Street Corp boosted its position in Ventas by 1.6% during the first quarter. State Street Corp now owns 20,913,886 shares of the real estate investment trust’s stock valued at $1,360,246,000 after acquiring an additional 333,064 shares during the last quarter. FMR LLC boosted its position in Ventas by 2.1% during the first quarter. FMR LLC now owns 20,832,215 shares of the real estate investment trust’s stock valued at $1,354,927,000 after acquiring an additional 437,961 shares during the last quarter. Finally, Bank of America Corp DE boosted its position in Ventas by 1.0% during the first quarter. Bank of America Corp DE now owns 18,226,900 shares of the real estate investment trust’s stock valued at $1,185,477,000 after acquiring an additional 184,874 shares during the last quarter. Institutional investors and hedge funds own 89.17% of the company’s stock.

A number of brokerages have commented on VTR. Bank of America Corporation cut shares of Ventas from a “buy” rating to a “neutral” rating and cut their price target for the company from $72.00 to $71.00 in a research report on Friday. KeyCorp reaffirmed a “sell” rating and set a $55.00 price target on shares of Ventas in a research report on Sunday, September 17th. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Ventas in a research report on Wednesday, September 6th. Jefferies Group LLC reaffirmed a “hold” rating and set a $66.00 price target on shares of Ventas in a research report on Tuesday, August 29th. Finally, BidaskClub raised shares of Ventas from a “strong sell” rating to a “sell” rating in a research report on Thursday, August 17th. Six investment analysts have rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $64.22.

Shares of Ventas, Inc. (VTR) traded down 2.19% during trading on Friday, reaching $66.04. 1,901,963 shares of the company traded hands. Ventas, Inc. has a 12-month low of $56.20 and a 12-month high of $73.23. The firm’s 50 day moving average is $67.37 and its 200-day moving average is $66.32. The stock has a market capitalization of $23.52 billion, a P/E ratio of 33.45 and a beta of 0.08.

Ventas (NYSE:VTR) last announced its quarterly earnings results on Friday, July 28th. The real estate investment trust reported $1.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.61. Ventas had a net margin of 20.08% and a return on equity of 6.31%. The company had revenue of $895.49 million for the quarter, compared to analysts’ expectations of $890.01 million. During the same quarter in the previous year, the company earned $0.42 earnings per share. Ventas’s quarterly revenue was up 5.6% on a year-over-year basis. On average, equities research 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. Investors of record on Tuesday, September 12th will be paid a dividend of $0.775 per share. This represents a $3.10 annualized dividend and a yield of 4.69%. The ex-dividend date is Monday, September 11th. Ventas’s payout ratio is currently 157.36%.

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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.

Institutional Ownership by Quarter for Ventas (NYSE:VTR)

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