Fifth Third Bancorp Reduces Holdings in Ventas, Inc. (NYSE:VTR)

Fifth Third Bancorp reduced its holdings in shares of Ventas, Inc. (NYSE:VTRFree Report) by 2.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 37,956 shares of the real estate investment trust’s stock after selling 825 shares during the period. Fifth Third Bancorp’s holdings in Ventas were worth $1,892,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Manning & Napier Group LLC grew its position in Ventas by 31.2% during the 4th quarter. Manning & Napier Group LLC now owns 143,937 shares of the real estate investment trust’s stock worth $7,174,000 after purchasing an additional 34,210 shares during the last quarter. State of Alaska Department of Revenue grew its position in Ventas by 2.0% during the 4th quarter. State of Alaska Department of Revenue now owns 272,050 shares of the real estate investment trust’s stock worth $13,558,000 after purchasing an additional 5,246 shares during the last quarter. Gradient Investments LLC grew its position in Ventas by 82.7% during the 4th quarter. Gradient Investments LLC now owns 718 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 325 shares during the last quarter. Global Retirement Partners LLC grew its position in Ventas by 14.6% during the 4th quarter. Global Retirement Partners LLC now owns 1,954 shares of the real estate investment trust’s stock worth $96,000 after purchasing an additional 249 shares during the last quarter. Finally, Blue Trust Inc. boosted its holdings in shares of Ventas by 103.2% in the fourth quarter. Blue Trust Inc. now owns 2,004 shares of the real estate investment trust’s stock valued at $100,000 after acquiring an additional 1,018 shares in the last quarter. 94.18% of the stock is owned by hedge funds and other institutional investors.

Ventas Stock Performance

Shares of NYSE VTR opened at $43.19 on Thursday. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 1.41. The firm has a 50-day moving average price of $44.28 and a 200 day moving average price of $44.97. Ventas, Inc. has a 52 week low of $39.33 and a 52 week high of $50.99.

Ventas Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 18th. Shareholders of record on Monday, April 1st will be given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 4.17%. The ex-dividend date of this dividend is Thursday, March 28th. Ventas’s payout ratio is currently -1,636.21%.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Bank of America raised shares of Ventas from a “neutral” rating to a “buy” rating and lifted their target price for the company from $48.00 to $53.00 in a report on Tuesday, January 16th. StockNews.com downgraded shares of Ventas from a “hold” rating to a “sell” rating in a report on Tuesday, February 13th. Wells Fargo & Company reaffirmed an “equal weight” rating and issued a $46.00 target price (down previously from $52.00) on shares of Ventas in a report on Monday, February 26th. Evercore ISI raised shares of Ventas from an “in-line” rating to an “outperform” rating and set a $50.00 target price on the stock in a report on Monday, March 18th. Finally, Mizuho lifted their target price on shares of Ventas from $53.00 to $56.00 and gave the company a “buy” rating in a report on Wednesday, January 3rd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat.com, Ventas has an average rating of “Moderate Buy” and an average price target of $51.43.

Read Our Latest Research Report on VTR

Ventas Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Ventas (NYSE:VTR)

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