Pacer Advisors Inc. boosted its holdings in Ventas, Inc. (NYSE:VTR – Free Report) by 17.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 47,772 shares of the real estate investment trust’s stock after acquiring an additional 7,153 shares during the period. Pacer Advisors Inc.’s holdings in Ventas were worth $3,697,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also recently bought and sold shares of the company. Cloud Capital Management LLC acquired a new stake in shares of Ventas in the third quarter valued at approximately $25,000. GoalVest Advisory LLC acquired a new stake in shares of Ventas in the fourth quarter valued at approximately $26,000. Wiser Advisor Group LLC acquired a new stake in shares of Ventas in the third quarter valued at approximately $27,000. Wilmington Savings Fund Society FSB increased its stake in shares of Ventas by 65.5% in the third quarter. Wilmington Savings Fund Society FSB now owns 455 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 180 shares during the period. Finally, Quent Capital LLC acquired a new stake in shares of Ventas in the third quarter valued at approximately $39,000. Institutional investors own 94.18% of the company’s stock.
Ventas Price Performance
NYSE VTR opened at $90.35 on Thursday. Ventas, Inc. has a 12 month low of $61.76 and a 12 month high of $90.46. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.25 and a quick ratio of 0.25. The firm has a market capitalization of $43.92 billion, a PE ratio of 164.27, a P/E/G ratio of 2.18 and a beta of 0.74. The company’s 50 day simple moving average is $84.97 and its 200 day simple moving average is $81.07.
Ventas Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 16th. Investors of record on Tuesday, June 30th will be paid a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Tuesday, June 30th. Ventas’s dividend payout ratio (DPR) is currently 378.18%.
Analyst Upgrades and Downgrades
Several equities research analysts have commented on the stock. BMO Capital Markets restated an “outperform” rating and issued a $100.00 price target on shares of Ventas in a research note on Monday, May 4th. Scotiabank raised their price target on shares of Ventas from $80.00 to $93.00 and gave the company a “sector perform” rating in a research note on Monday, March 2nd. Weiss Ratings restated a “buy (b-)” rating on shares of Ventas in a research note on Friday, March 27th. Wells Fargo & Company raised their price target on shares of Ventas from $88.00 to $93.00 and gave the company an “overweight” rating in a research note on Thursday, March 26th. Finally, JPMorgan Chase & Co. raised their price target on shares of Ventas from $93.00 to $94.00 and gave the company an “overweight” rating in a research note on Monday. Fourteen equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $94.00.
Get Our Latest Stock Analysis on VTR
Ventas Profile
Ventas, Inc (NYSE: VTR) is a real estate investment trust (REIT) that specializes in healthcare-related real estate. The company acquires, owns and manages a diversified portfolio of properties serving the healthcare continuum, including senior housing communities, skilled nursing facilities, medical office buildings, life science and research centers, and other properties leased to healthcare providers and operators. Ventas generates revenue through long-term leases, property management and selective development activities focused on meeting the real estate needs of the healthcare sector.
Ventas’ business model combines property ownership with active asset management and capital markets activity.
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