ING Groep NV reduced its holdings in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 60.2% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 107,080 shares of the real estate investment trust's stock after selling 162,275 shares during the period. ING Groep NV's holdings in Ventas were worth $6,306,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently modified their holdings of the company. ST Germain D J Co. Inc. purchased a new position in Ventas during the 4th quarter worth $27,000. Harbor Capital Advisors Inc. increased its holdings in Ventas by 66.2% during the 4th quarter. Harbor Capital Advisors Inc. now owns 527 shares of the real estate investment trust's stock worth $31,000 after purchasing an additional 210 shares during the period. New Wave Wealth Advisors LLC purchased a new position in Ventas during the 4th quarter worth $41,000. Morse Asset Management Inc purchased a new position in Ventas during the 3rd quarter worth $64,000. Finally, Roxbury Financial LLC purchased a new position in Ventas during the 4th quarter worth $69,000. 94.18% of the stock is owned by institutional investors.
NYSE VTR traded down $0.77 on Friday, hitting $66.08. The stock had a trading volume of 2,113,929 shares, compared to its average volume of 2,452,075. Ventas, Inc. has a 52-week low of $41.45 and a 52-week high of $67.61. The business's fifty day moving average price is $60.20 and its 200 day moving average price is $61.90. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.85 and a quick ratio of 0.85. The stock has a market cap of $28.88 billion, a price-to-earnings ratio of 347.79, a price-to-earnings-growth ratio of 2.59 and a beta of 1.37.
Ventas (NYSE:VTR - Get Free Report) last announced its earnings results on Wednesday, February 12th. The real estate investment trust reported $0.81 earnings per share for the quarter, topping the consensus estimate of ($0.02) by $0.83. Ventas had a return on equity of 0.82% and a net margin of 1.65%. Equities research analysts anticipate that Ventas, Inc. will post 3.4 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Monday, March 31st will be given a $0.48 dividend. This is a positive change from Ventas's previous quarterly dividend of $0.45. This represents a $1.92 annualized dividend and a dividend yield of 2.91%. The ex-dividend date is Monday, March 31st. Ventas's dividend payout ratio (DPR) is presently 1,010.53%.
In other Ventas news, CAO Gregory R. Liebbe sold 3,866 shares of the firm's stock in a transaction on Thursday, February 13th. The shares were sold at an average price of $63.00, for a total value of $243,558.00. Following the completion of the transaction, the chief accounting officer now owns 11,371 shares of the company's stock, valued at approximately $716,373. This trade represents a 25.37 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 1.00% of the stock is owned by company insiders.
Several research firms have commented on VTR. Mizuho reduced their price objective on Ventas from $71.00 to $68.00 and set an "outperform" rating on the stock in a report on Thursday, December 5th. Scotiabank raised their price objective on Ventas from $68.00 to $69.00 and gave the stock a "sector perform" rating in a report on Monday, January 27th. Wedbush raised their price objective on Ventas from $69.00 to $78.00 and gave the stock an "outperform" rating in a report on Friday, February 14th. Robert W. Baird upgraded Ventas from a "neutral" rating to an "outperform" rating and reduced their price objective for the stock from $66.00 to $65.00 in a report on Friday, January 17th. Finally, StockNews.com upgraded Ventas from a "sell" rating to a "hold" rating in a report on Friday, January 17th. Two research analysts have rated the stock with a hold rating, six have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, Ventas currently has an average rating of "Buy" and an average price target of $69.14.
Check Out Our Latest Report on Ventas
Ventas Inc NYSE: VTR is a leading S&P 500 real estate investment trust focused on delivering strong, sustainable shareholder returns by enabling exceptional environments that benefit a large and growing aging population. The Company's growth is fueled by its senior housing communities, which provide valuable services to residents and enable them to thrive in supported environments.
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