Mendel Money Management purchased a new stake in shares of Ventas, Inc. (NYSE:VTR) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 58,324 shares of the real estate investment trust’s stock, valued at approximately $3,500,000. Ventas makes up approximately 3.4% of Mendel Money Management’s holdings, making the stock its 15th largest holding.

Other hedge funds have also made changes to their positions in the company. HL Financial Services LLC lifted its position in shares of Ventas by 7.3% during the third quarter. HL Financial Services LLC now owns 11,894 shares of the real estate investment trust’s stock worth $775,000 after purchasing an additional 807 shares in the last quarter. Camden National Bank lifted its position in shares of Ventas by 0.6% during the third quarter. Camden National Bank now owns 138,409 shares of the real estate investment trust’s stock worth $9,015,000 after purchasing an additional 807 shares in the last quarter. Verition Fund Management LLC lifted its position in shares of Ventas by 22.5% during the second quarter. Verition Fund Management LLC now owns 4,394 shares of the real estate investment trust’s stock worth $305,000 after purchasing an additional 808 shares in the last quarter. Walter & Keenan Financial Consulting Co. MI ADV lifted its position in shares of Ventas by 9.9% during the third quarter. Walter & Keenan Financial Consulting Co. MI ADV now owns 9,895 shares of the real estate investment trust’s stock worth $644,000 after purchasing an additional 895 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund increased its stake in shares of Ventas by 2.4% in the third quarter. Oregon Public Employees Retirement Fund now owns 38,024 shares of the real estate investment trust’s stock worth $2,477,000 after buying an additional 903 shares during the last quarter. 90.29% of the stock is currently owned by hedge funds and other institutional investors.

VTR has been the subject of a number of research analyst reports. Capital One Financial upgraded shares of Ventas from an “equal weight” rating to an “overweight” rating in a research note on Monday, October 30th. UBS Group lowered shares of Ventas from a “market perform” rating to an “underperform” rating in a research note on Monday, December 4th. Zacks Investment Research lowered shares of Ventas from a “hold” rating to a “sell” rating in a research note on Wednesday, November 15th. BMO Capital Markets set a $62.00 price target on shares of Ventas and gave the stock a “sell” rating in a research note on Friday, October 27th. Finally, Raymond James Financial restated an “underperform” rating on shares of Ventas in a research note on Monday, December 4th. Eight research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company. Ventas currently has an average rating of “Hold” and an average target price of $62.11.

Shares of Ventas, Inc. (NYSE:VTR) opened at $52.97 on Thursday. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 1.06. Ventas, Inc. has a 12 month low of $51.80 and a 12 month high of $72.36. The firm has a market cap of $18,944.35 and a price-to-earnings ratio of 12.76.

The firm also recently announced a quarterly dividend, which was paid on Friday, January 12th. Shareholders 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 5.97%. Ventas’s payout ratio is presently 96.93%.

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Ventas Company Profile

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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