LS Investment Advisors LLC Has $728,000 Holdings in Ventas (VTR)

LS Investment Advisors LLC lifted its holdings in shares of Ventas (NYSE:VTR) by 9.1% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 14,692 shares of the real estate investment trust’s stock after purchasing an additional 1,228 shares during the period. LS Investment Advisors LLC’s holdings in Ventas were worth $728,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the company. BlackRock Inc. grew its holdings in shares of Ventas by 1.3% during the fourth quarter. BlackRock Inc. now owns 37,796,715 shares of the real estate investment trust’s stock worth $2,268,180,000 after purchasing an additional 468,516 shares during the last quarter. APG Asset Management US Inc. grew its holdings in shares of Ventas by 1.6% during the fourth quarter. APG Asset Management US Inc. now owns 14,750,063 shares of the real estate investment trust’s stock worth $885,151,000 after purchasing an additional 233,000 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Ventas by 0.8% during the fourth quarter. Bank of New York Mellon Corp now owns 5,012,692 shares of the real estate investment trust’s stock worth $300,811,000 after purchasing an additional 40,957 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Ventas by 3.8% during the fourth quarter. Geode Capital Management LLC now owns 4,424,050 shares of the real estate investment trust’s stock worth $265,013,000 after purchasing an additional 163,465 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. grew its holdings in shares of Ventas by 6.3% during the first quarter. Schwab Charles Investment Management Inc. now owns 3,705,906 shares of the real estate investment trust’s stock worth $183,554,000 after purchasing an additional 220,086 shares during the last quarter. Institutional investors own 88.56% of the company’s stock.

Ventas opened at $51.46 on Friday, Marketbeat reports. Ventas has a 1-year low of $51.93 and a 1-year high of $52.79. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.02. The stock has a market capitalization of $18.54 billion, a price-to-earnings ratio of 12.72, a P/E/G ratio of 3.42 and a beta of 0.07.

Ventas (NYSE:VTR) last released its earnings results on Friday, April 27th. The real estate investment trust reported $0.22 earnings per share for the quarter, missing the consensus estimate of $1.01 by ($0.79). Ventas had a net margin of 34.04% and a return on equity of 5.24%. The company had revenue of $943.70 million during the quarter, compared to analyst estimates of $874.42 million. During the same period in the previous year, the company posted $0.55 EPS. The company’s quarterly revenue was up 6.8% compared to the same quarter last year. research analysts anticipate that Ventas will post 4.03 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 12th. Shareholders of record on Monday, July 2nd will be paid a $0.79 dividend. This represents a $3.16 annualized dividend and a yield of 6.14%. The ex-dividend date of this dividend is Friday, June 29th. Ventas’s payout ratio is 75.96%.

Several research firms recently issued reports on VTR. KeyCorp decreased their price target on Ventas from $50.00 to $43.00 and set an “underweight” rating on the stock in a report on Monday, April 16th. Zacks Investment Research upgraded Ventas from a “sell” rating to a “hold” rating in a report on Monday, April 16th. Deutsche Bank decreased their price target on Ventas from $61.00 to $55.00 and set a “hold” rating on the stock in a report on Monday, March 19th. BMO Capital Markets reiterated a “sell” rating and issued a $51.00 price target on shares of Ventas in a report on Tuesday, March 27th. Finally, Wells Fargo set a $54.00 price target on Ventas and gave the company a “hold” rating in a report on Tuesday, February 13th. Five research analysts have rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $57.69.

In other Ventas news, Director Melody C. Barnes sold 3,963 shares of the stock in a transaction dated Monday, May 7th. The stock was sold at an average price of $53.37, for a total value of $211,505.31. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Chairman Debra A. Cafaro sold 30,944 shares of the stock in a transaction dated Monday, May 14th. The shares were sold at an average price of $53.18, for a total value of $1,645,601.92. Following the completion of the transaction, the chairman now directly owns 775,111 shares in the company, valued at approximately $41,220,402.98. The disclosure for this sale can be found here. Corporate insiders own 1.40% of the company’s stock.

About Ventas

Ventas, Inc, an S&P 500 company, is a leading real estate investment trust. Its diverse portfolio of more than 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.

Institutional Ownership by Quarter for Ventas (NYSE:VTR)

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