M&T Bank Corp Sells 4,331 Shares of Ventas, Inc. (NYSE:VTR)

M&T Bank Corp decreased its position in Ventas, Inc. (NYSE:VTR) by 4.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 85,680 shares of the real estate investment trust’s stock after selling 4,331 shares during the period. M&T Bank Corp’s holdings in Ventas were worth $4,271,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Bruce G. Allen Investments LLC bought a new position in Ventas in the fourth quarter valued at about $25,000. Gradient Investments LLC boosted its holdings in Ventas by 82.7% during the fourth quarter. Gradient Investments LLC now owns 718 shares of the real estate investment trust’s stock worth $36,000 after buying an additional 325 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in Ventas by 151.1% during the third quarter. Jones Financial Companies Lllp now owns 796 shares of the real estate investment trust’s stock worth $34,000 after buying an additional 479 shares during the last quarter. NBC Securities Inc. bought a new position in Ventas during the third quarter worth about $44,000. Finally, Massmutual Trust Co. FSB ADV boosted its holdings in Ventas by 73.4% during the fourth quarter. Massmutual Trust Co. FSB ADV now owns 1,408 shares of the real estate investment trust’s stock worth $70,000 after buying an additional 596 shares during the last quarter. Institutional investors own 94.18% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on VTR. Evercore ISI upgraded 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. Deutsche Bank Aktiengesellschaft began coverage on Ventas in a report on Tuesday, January 30th. They set a “buy” rating and a $60.00 target price on the stock. Wells Fargo & Company restated an “equal weight” rating and set a $46.00 target price (down previously from $52.00) on shares of Ventas in a report on Monday, February 26th. StockNews.com cut Ventas from a “hold” rating to a “sell” rating in a report on Tuesday, February 13th. Finally, Bank of America upgraded Ventas from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $48.00 to $53.00 in a report on Tuesday, January 16th. One research analyst has rated the stock with a sell rating, three have given a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $51.25.

Ventas Stock Up 0.2 %

Shares of Ventas stock opened at $47.13 on Wednesday. The business’s 50 day simple moving average is $43.53 and its 200 day simple moving average is $45.25. Ventas, Inc. has a 52-week low of $39.33 and a 52-week high of $50.99. The firm has a market cap of $19.08 billion, a PE ratio of -248.05, a P/E/G ratio of 2.52 and a beta of 1.25. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.63 and a current ratio of 0.63.

Ventas Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 18th. Investors of record on Monday, April 1st were given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 3.82%. The ex-dividend date of this dividend was Thursday, March 28th. Ventas’s dividend payout ratio is presently -947.37%.

Ventas Company Profile

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.