Thrivent Financial For Lutherans boosted its holdings in shares of Ventas, Inc. (NYSE:VTR) by 6.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 150,130 shares of the real estate investment trust’s stock after purchasing an additional 9,003 shares during the period. Thrivent Financial For Lutherans’ holdings in Ventas were worth $9,009,000 as of its most recent filing with the SEC.
A number of other institutional investors have also modified their holdings of the business. MANA Advisors LLC purchased a new position in Ventas during the 4th quarter worth $751,000. Renaissance Technologies LLC grew its position in Ventas by 2,469.3% during the 4th quarter. Renaissance Technologies LLC now owns 1,020,002 shares of the real estate investment trust’s stock worth $61,210,000 after purchasing an additional 980,302 shares during the last quarter. MML Investors Services LLC boosted its holdings in shares of Ventas by 22.6% in the fourth quarter. MML Investors Services LLC now owns 44,857 shares of the real estate investment trust’s stock valued at $2,692,000 after acquiring an additional 8,280 shares in the last quarter. Amundi Pioneer Asset Management Inc. boosted its holdings in shares of Ventas by 396.6% in the fourth quarter. Amundi Pioneer Asset Management Inc. now owns 483,220 shares of the real estate investment trust’s stock valued at $28,998,000 after acquiring an additional 385,920 shares in the last quarter. Finally, AXA boosted its holdings in shares of Ventas by 21.6% in the fourth quarter. AXA now owns 74,804 shares of the real estate investment trust’s stock valued at $4,489,000 after acquiring an additional 13,263 shares in the last quarter. 88.83% of the stock is currently owned by institutional investors.
Several brokerages have recently weighed in on VTR. TheStreet downgraded shares of Ventas from a “b-” rating to a “c+” rating in a report on Thursday, March 8th. SunTrust Banks set a $55.00 target price on shares of Ventas and gave the company a “hold” rating in a report on Friday, February 9th. Mizuho set a $53.00 target price on shares of Ventas and gave the company a “hold” rating in a report on Friday, February 9th. ValuEngine downgraded shares of Ventas from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Finally, Jefferies Group reaffirmed a “hold” rating and issued a $54.00 target price on shares of Ventas in a report on Tuesday, February 13th. Seven equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $58.31.
Ventas (NYSE:VTR) last released its quarterly earnings data on Friday, February 9th. The real estate investment trust reported $1.03 EPS for the quarter, hitting analysts’ consensus estimates of $1.03. The firm had revenue of $895.30 million for the quarter, compared to the consensus estimate of $895.92 million. Ventas had a net margin of 37.95% and a return on equity of 5.99%. The firm’s revenue was up 2.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.58 earnings per share. analysts forecast that Ventas, Inc. will post 4.02 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 12th. Investors of record on Monday, April 2nd will be issued a dividend of $0.79 per share. This represents a $3.16 dividend on an annualized basis and a yield of 6.28%. The ex-dividend date of this dividend is Thursday, March 29th. Ventas’s dividend payout ratio is currently 188.10%.
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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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