Envestnet Asset Management Inc. Has $21.31 Million Holdings in Ventas, Inc. (NYSE:VTR)

Envestnet Asset Management Inc. decreased its holdings in Ventas, Inc. (NYSE:VTR) by 6.2% during the 4th quarter, Holdings Channel.com reports. The fund owned 361,798 shares of the real estate investment trust’s stock after selling 24,078 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Ventas were worth $21,306,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in VTR. Vanguard Group Inc. lifted its holdings in shares of Ventas by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 66,501,010 shares of the real estate investment trust’s stock valued at $3,916,244,000 after purchasing an additional 912,813 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Ventas by 2.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 27,557,480 shares of the real estate investment trust’s stock worth $1,767,261,000 after acquiring an additional 599,600 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Ventas by 5.2% in the 4th quarter. Geode Capital Management LLC now owns 10,948,546 shares of the real estate investment trust’s stock worth $643,207,000 after acquiring an additional 537,253 shares in the last quarter. Massachusetts Financial Services Co. MA raised its holdings in shares of Ventas by 7.0% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 5,802,402 shares of the real estate investment trust’s stock valued at $341,703,000 after purchasing an additional 382,080 shares during the last quarter. Finally, Norges Bank bought a new position in shares of Ventas during the fourth quarter valued at about $340,282,000. Institutional investors and hedge funds own 94.18% of the company’s stock.

Analyst Upgrades and Downgrades

VTR has been the subject of several analyst reports. Wedbush increased their price objective on shares of Ventas from $69.00 to $78.00 and gave the company an “outperform” rating in a research note on Friday, February 14th. Mizuho increased their price target on Ventas from $68.00 to $75.00 and gave the company an “outperform” rating in a research report on Tuesday, March 18th. Robert W. Baird raised Ventas from a “neutral” rating to an “outperform” rating and cut their price objective for the stock from $66.00 to $65.00 in a research report on Friday, January 17th. JPMorgan Chase & Co. raised their target price on Ventas from $71.00 to $73.00 and gave the company a “neutral” rating in a research report on Friday, March 7th. Finally, 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 report on Friday, February 28th. Four research analysts have rated the stock with a hold rating, seven have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, Ventas has an average rating of “Moderate Buy” and an average price target of $72.90.

Insider Buying and Selling

In related news, CAO Gregory R. Liebbe sold 3,866 shares of the company’s stock in a transaction that occurred on Thursday, February 13th. The shares were sold at an average price of $63.00, for a total transaction of $243,558.00. Following the sale, the chief accounting officer now owns 11,371 shares of the company’s stock, valued at approximately $716,373. This represents a 25.37 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Debra A. Cafaro sold 388 shares of the stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $71.00, for a total transaction of $27,548.00. Following the completion of the sale, the chief executive officer now owns 1,128,143 shares in the company, valued at $80,098,153. This represents a 0.03 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 304,778 shares of company stock valued at $20,934,891. Corporate insiders own 1.00% of the company’s stock.

Ventas Price Performance

Shares of NYSE:VTR opened at $67.46 on Tuesday. The firm has a market capitalization of $29.52 billion, a PE ratio of 355.07, a P/E/G ratio of 2.59 and a beta of 1.02. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.25. The company has a 50-day moving average price of $66.60 and a two-hundred day moving average price of $63.47. Ventas, Inc. has a twelve month low of $41.45 and a twelve month high of $71.36.

Ventas (NYSE:VTR) last released its quarterly earnings data on Wednesday, February 12th. The real estate investment trust reported $0.81 EPS for the quarter, topping the consensus estimate of ($0.02) by $0.83. Ventas had a net margin of 1.65% and a return on equity of 0.82%. Equities analysts forecast that Ventas, Inc. will post 3.4 EPS for the current year.

Ventas Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Monday, March 31st will be paid a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.85%. This is a positive change from Ventas’s previous quarterly dividend of $0.45. The ex-dividend date is Monday, March 31st. Ventas’s payout ratio is presently 1,010.53%.

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.