Dynamic Technology Lab Private Ltd purchased a new position in shares of Ventas, Inc. (NYSE:VTR) during the 3rd quarter, HoldingsChannel reports. The fund purchased 9,100 shares of the real estate investment trust’s stock, valued at approximately $495,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. JPMorgan Chase & Co. raised its position in Ventas by 22.6% during the third quarter. JPMorgan Chase & Co. now owns 7,214,027 shares of the real estate investment trust’s stock worth $392,299,000 after acquiring an additional 1,331,028 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of Ventas by 23.0% in the third quarter. Bank of New York Mellon Corp now owns 6,848,304 shares of the real estate investment trust’s stock valued at $372,410,000 after purchasing an additional 1,282,487 shares during the period. Federated Investors Inc. PA raised its position in shares of Ventas by 14.7% in the second quarter. Federated Investors Inc. PA now owns 6,478,668 shares of the real estate investment trust’s stock valued at $368,960,000 after purchasing an additional 828,577 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Ventas by 1.5% in the second quarter. Dimensional Fund Advisors LP now owns 5,376,703 shares of the real estate investment trust’s stock valued at $306,207,000 after purchasing an additional 80,655 shares during the period. Finally, Centersquare Investment Management LLC raised its position in shares of Ventas by 101.5% in the second quarter. Centersquare Investment Management LLC now owns 3,952,742 shares of the real estate investment trust’s stock valued at $225,108,000 after purchasing an additional 1,990,849 shares during the period. 85.27% of the stock is currently owned by hedge funds and other institutional investors.

VTR stock opened at $60.87 on Tuesday. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.56 and a current ratio of 0.56. Ventas, Inc. has a 52 week low of $46.55 and a 52 week high of $65.70. The stock has a market capitalization of $22.30 billion, a P/E ratio of 14.63, a price-to-earnings-growth ratio of 4.64 and a beta of 0.06.

Ventas (NYSE:VTR) last released its quarterly earnings results on Friday, October 26th. The real estate investment trust reported $0.99 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.97 by $0.02. Ventas had a net margin of 19.90% and a return on equity of 4.56%. The business had revenue of $936.54 million for the quarter, compared to the consensus estimate of $920.19 million. During the same period in the prior year, the company posted $1.71 earnings per share. Ventas’s revenue was up 4.1% compared to the same quarter last year. On average, analysts predict that Ventas, Inc. will post 4.06 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 14th. Investors of record on Wednesday, January 2nd will be paid a $0.7925 dividend. The ex-dividend date is Monday, December 31st. This is an increase from Ventas’s previous quarterly dividend of $0.79. This represents a $3.17 annualized dividend and a dividend yield of 5.21%. Ventas’s dividend payout ratio is 75.96%.

In related news, EVP T Richard Riney sold 15,676 shares of the company’s stock in a transaction dated Thursday, December 6th. The shares were sold at an average price of $65.00, for a total value of $1,018,940.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 1.40% of the company’s stock.

Several equities analysts have recently weighed in on VTR shares. Royal Bank of Canada lowered shares of Ventas from an “outperform” rating to a “sector perform” rating and set a $59.00 price objective on the stock. in a research report on Friday, November 2nd. ValuEngine raised shares of Ventas from a “hold” rating to a “buy” rating in a research report on Friday, November 16th. JPMorgan Chase & Co. started coverage on shares of Ventas in a research report on Tuesday, October 30th. They issued a “neutral” rating and a $60.00 price objective on the stock. Stifel Nicolaus set a $55.00 price objective on shares of Ventas and gave the company a “hold” rating in a research report on Monday, October 29th. Finally, Scotiabank started coverage on shares of Ventas in a research report on Monday, December 10th. They issued a “sector perform” rating and a $66.00 price objective on the stock. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have given a buy rating to the company. Ventas presently has a consensus rating of “Hold” and a consensus price target of $56.21.

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Ventas Profile

Ventas, Inc, an S&P 500 company, is a leading real estate investment trust. Its diverse portfolio of approximately 1,200 assets in the United States, Canada and the United Kingdom consists of seniors housing communities, medical office buildings, life science and innovation centers, inpatient rehabilitation and long-term acute care facilities, health systems and skilled nursing facilities.

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Institutional Ownership by Quarter for Ventas (NYSE:VTR)

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