Ventas, Inc. (VTR) Stake Lowered by DF Dent & Co. Inc.
DF Dent & Co. Inc. trimmed its position in shares of Ventas, Inc. (NYSE:VTR) by 10.1% in the 3rd quarter, Holdings Channel reports. The fund owned 20,717 shares of the real estate investment trust’s stock after selling 2,332 shares during the quarter. DF Dent & Co. Inc.’s holdings in Ventas were worth $1,127,000 at the end of the most recent quarter.
Several other large investors have also recently modified their holdings of VTR. Columbia Asset Management bought a new position in shares of Ventas during the third quarter valued at about $111,000. Girard Partners LTD. bought a new position in shares of Ventas during the third quarter valued at about $161,000. Signaturefd LLC raised its stake in shares of Ventas by 83.9% during the second quarter. Signaturefd LLC now owns 3,043 shares of the real estate investment trust’s stock valued at $173,000 after acquiring an additional 1,388 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new position in shares of Ventas during the second quarter valued at about $188,000. Finally, WESPAC Advisors LLC bought a new position in shares of Ventas during the third quarter valued at about $202,000. 85.27% of the stock is owned by hedge funds and other institutional investors.
In related news, EVP T Richard Riney sold 15,676 shares of the 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 Securities & Exchange Commission, which is available through this hyperlink. 1.40% of the stock is owned by corporate insiders.
VTR stock opened at $60.87 on Tuesday. Ventas, Inc. has a 1 year low of $46.55 and a 1 year high of $65.70. The stock has a market capitalization of $22.30 billion, a P/E ratio of 14.63, a P/E/G ratio of 4.64 and a beta of 0.06. The company has a quick ratio of 0.56, a current ratio of 0.56 and a debt-to-equity ratio of 1.00.
Ventas (NYSE:VTR) last released its quarterly earnings results on Friday, October 26th. The real estate investment trust reported $0.99 earnings per share (EPS) for the quarter, topping the Zacks’ 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 company had revenue of $936.54 million during the quarter, compared to the consensus estimate of $920.19 million. During the same period in the prior year, the firm earned $1.71 earnings per share. Ventas’s revenue was up 4.1% on a year-over-year basis. On average, equities analysts anticipate that Ventas, Inc. will post 4.06 earnings per share for the current fiscal year.
The business 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. This is an increase from Ventas’s previous quarterly dividend of $0.79. This represents a $3.17 dividend on an annualized basis and a yield of 5.21%. The ex-dividend date is Monday, December 31st. Ventas’s dividend payout ratio is presently 75.96%.
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Ventas Company 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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