Ventas, Inc. (NYSE:VTR) Shares Sold by Ameriprise Financial Inc.

Ameriprise Financial Inc. lowered its stake in Ventas, Inc. (NYSE:VTR) by 9.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 367,791 shares of the real estate investment trust’s stock after selling 39,055 shares during the quarter. Ameriprise Financial Inc. owned about 0.09% of Ventas worth $21,679,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Harbor Capital Advisors Inc. raised its position in Ventas by 66.2% in the fourth quarter. Harbor Capital Advisors Inc. now owns 527 shares of the real estate investment trust’s stock worth $31,000 after acquiring an additional 210 shares in the last quarter. Promus Capital LLC bought a new stake in Ventas in the fourth quarter worth about $38,000. New Wave Wealth Advisors LLC bought a new stake in Ventas in the fourth quarter worth about $41,000. SRS Capital Advisors Inc. raised its position in Ventas by 1,039.4% in the fourth quarter. SRS Capital Advisors Inc. now owns 809 shares of the real estate investment trust’s stock worth $48,000 after acquiring an additional 738 shares in the last quarter. Finally, Transce3nd LLC bought a new stake in Ventas in the fourth quarter worth about $48,000. Institutional investors and hedge funds own 94.18% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on VTR. Scotiabank boosted their price target on shares of Ventas from $69.00 to $72.00 and gave the stock a “sector perform” rating in a research report on Friday, February 28th. Robert W. Baird upgraded shares of Ventas from a “neutral” rating to an “outperform” rating and dropped their price target for the stock from $66.00 to $65.00 in a research report on Friday, January 17th. Morgan Stanley boosted their price target on shares of Ventas from $65.00 to $70.00 and gave the stock an “equal weight” rating in a research report on Tuesday, March 11th. Baird R W upgraded Ventas from a “hold” rating to a “strong-buy” rating in a report on Friday, January 17th. Finally, Mizuho boosted their price objective on Ventas from $68.00 to $75.00 and gave the stock an “outperform” rating in a report on Tuesday, March 18th. Four investment analysts have rated the stock with a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, Ventas has a consensus rating of “Moderate Buy” and an average price target of $73.00.

Insider Activity

In related news, CEO Debra A. Cafaro sold 9,110 shares of the business’s stock in a transaction that occurred on Thursday, May 1st. The stock was sold at an average price of $66.04, for a total value of $601,624.40. Following the completion of the sale, the chief executive officer now owns 1,145,695 shares of the company’s stock, valued at approximately $75,661,697.80. The trade was a 0.79% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders have sold 310,022 shares of company stock worth $21,292,957 in the last 90 days. Company insiders own 0.80% of the company’s stock.

Ventas Price Performance

Shares of VTR opened at $63.72 on Thursday. The company has a market capitalization of $28.76 billion, a price-to-earnings ratio of 335.39, a P/E/G ratio of 2.59 and a beta of 0.95. Ventas, Inc. has a fifty-two week low of $46.66 and a fifty-two week high of $71.36. 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 business’s 50-day moving average is $67.03 and its 200-day moving average is $63.96.

Ventas (NYSE:VTR) last issued its earnings results on Wednesday, April 30th. The real estate investment trust reported $0.84 earnings per share for the quarter, beating analysts’ consensus estimates of $0.82 by $0.02. The company had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.32 billion. Ventas had a return on equity of 0.82% and a net margin of 1.65%. The firm’s quarterly revenue was up 13.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.78 EPS. Equities research analysts expect that Ventas, Inc. will post 3.4 EPS for the current fiscal year.

Ventas Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 17th. Stockholders of record on Monday, June 30th will be issued a $0.48 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 3.01%. Ventas’s dividend payout ratio is 581.82%.

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.