Brown Advisory Securities LLC acquired a new stake in shares of Ventas, Inc. (NYSE:VTR) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 8,631 shares of the real estate investment trust’s stock, valued at approximately $518,000.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Baird Financial Group Inc. raised its holdings in shares of Ventas by 18.6% during the fourth quarter. Baird Financial Group Inc. now owns 103,289 shares of the real estate investment trust’s stock valued at $6,198,000 after purchasing an additional 16,178 shares during the last quarter. Norinchukin Bank The raised its holdings in shares of Ventas by 7.4% during the fourth quarter. Norinchukin Bank The now owns 28,475 shares of the real estate investment trust’s stock valued at $1,709,000 after purchasing an additional 1,966 shares during the last quarter. FDx Advisors Inc. raised its holdings in shares of Ventas by 1.2% during the fourth quarter. FDx Advisors Inc. now owns 95,636 shares of the real estate investment trust’s stock valued at $5,739,000 after purchasing an additional 1,127 shares during the last quarter. Synovus Financial Corp purchased a new position in shares of Ventas during the fourth quarter valued at approximately $225,000. Finally, American International Group Inc. raised its holdings in shares of Ventas by 8.4% during the fourth quarter. American International Group Inc. now owns 163,823 shares of the real estate investment trust’s stock valued at $9,831,000 after purchasing an additional 12,718 shares during the last quarter. 87.95% of the stock is owned by hedge funds and other institutional investors.
Several research firms have recently weighed in on VTR. Zacks Investment Research cut shares of Ventas from a “hold” rating to a “sell” rating in a report on Wednesday, November 15th. Raymond James Financial restated an “underperform” rating on shares of Ventas in a research report on Monday, December 4th. UBS Group lowered shares of Ventas from a “market perform” rating to an “underperform” rating in a research report on Monday, December 4th. BMO Capital Markets restated a “sell” rating and set a $63.00 target price on shares of Ventas in a research report on Monday, November 27th. Finally, Capital One Financial upgraded shares of Ventas from an “equal weight” rating to an “overweight” rating in a research report on Monday, October 30th. Eight investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $58.31.
Ventas (NYSE:VTR) last posted its quarterly earnings results on Friday, February 9th. The real estate investment trust reported $1.03 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $1.03. The business had revenue of $895.30 million during the quarter, compared to analyst estimates of $895.92 million. Ventas had a net margin of 37.95% and a return on equity of 5.99%. The company’s revenue was up 2.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.58 earnings per share. equities analysts predict that Ventas, Inc. will post 4.02 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, April 12th. Shareholders of record on Monday, April 2nd will be given a $0.79 dividend. The ex-dividend date is Thursday, March 29th. This represents a $3.16 dividend on an annualized basis and a dividend yield of 6.40%. Ventas’s payout ratio is currently 188.10%.
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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