abrdn plc Has $37.46 Million Stake in Ventas, Inc. (NYSE:VTR)

abrdn plc raised its stake in Ventas, Inc. (NYSE:VTR) by 9.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 751,648 shares of the real estate investment trust’s stock after purchasing an additional 67,881 shares during the period. abrdn plc owned 0.19% of Ventas worth $37,462,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bruce G. Allen Investments LLC acquired a new position in shares of Ventas in the fourth quarter valued at $25,000. Jones Financial Companies Lllp boosted its position in shares of Ventas by 151.1% in the third quarter. Jones Financial Companies Lllp now owns 796 shares of the real estate investment trust’s stock valued at $34,000 after acquiring an additional 479 shares during the period. Gradient Investments LLC boosted its position in shares of Ventas by 82.7% in the fourth quarter. Gradient Investments LLC now owns 718 shares of the real estate investment trust’s stock valued at $36,000 after acquiring an additional 325 shares during the period. Ronald Blue Trust Inc. boosted its position in shares of Ventas by 421.7% in the third quarter. Ronald Blue Trust Inc. now owns 986 shares of the real estate investment trust’s stock valued at $42,000 after acquiring an additional 797 shares during the period. Finally, NBC Securities Inc. bought a new stake in shares of Ventas in the third quarter valued at about $44,000. 94.18% of the stock is currently owned by institutional investors and hedge funds.

Ventas Stock Performance

Ventas stock opened at $43.13 on Tuesday. The business has a 50 day moving average of $43.30 and a 200-day moving average of $45.04. Ventas, Inc. has a 1 year low of $39.33 and a 1 year high of $50.99. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 1.41.

Ventas Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 18th. Stockholders of record on Monday, April 1st were paid a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 4.17%. The ex-dividend date of this dividend was Thursday, March 28th. Ventas’s dividend payout ratio is currently -1,636.21%.

Analysts Set New Price Targets

VTR has been the subject of a number of recent research reports. Evercore ISI raised shares of Ventas from an “in-line” rating to an “outperform” rating and set a $50.00 target price for the company in a research report on Monday, March 18th. Deutsche Bank Aktiengesellschaft started coverage on shares of Ventas in a research report on Tuesday, January 30th. They set a “buy” rating and a $60.00 price objective for the company. StockNews.com cut shares of Ventas from a “hold” rating to a “sell” rating in a research report on Tuesday, February 13th. Mizuho upped their price objective on shares of Ventas from $53.00 to $56.00 and gave the stock a “buy” rating in a research report on Wednesday, January 3rd. Finally, Wells Fargo & Company reissued an “equal weight” rating and set a $46.00 target price (down previously from $52.00) on shares of Ventas in a research note on Monday, February 26th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, Ventas currently has a consensus rating of “Moderate Buy” and a consensus price target of $51.54.

About 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.