Pacer Advisors Inc. Raises Stake in Ventas, Inc. (NYSE:VTR)

Pacer Advisors Inc. lifted its stake in Ventas, Inc. (NYSE:VTR) by 42.2% during the fourth quarter, HoldingsChannel reports. The firm owned 42,998 shares of the real estate investment trust’s stock after purchasing an additional 12,767 shares during the period. Pacer Advisors Inc.’s holdings in Ventas were worth $2,532,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Signaturefd LLC increased its position in shares of Ventas by 2.1% during the third quarter. Signaturefd LLC now owns 8,120 shares of the real estate investment trust’s stock worth $521,000 after acquiring an additional 165 shares during the period. Eastern Bank raised its position in Ventas by 6.4% during the 4th quarter. Eastern Bank now owns 3,308 shares of the real estate investment trust’s stock valued at $195,000 after purchasing an additional 200 shares in the last quarter. Bleakley Financial Group LLC raised its position in Ventas by 3.7% during the 3rd quarter. Bleakley Financial Group LLC now owns 5,639 shares of the real estate investment trust’s stock valued at $362,000 after purchasing an additional 203 shares in the last quarter. Harbor Capital Advisors Inc. lifted its holdings in shares of Ventas by 66.2% in the 4th quarter. Harbor Capital Advisors Inc. now owns 527 shares of the real estate investment trust’s stock worth $31,000 after buying an additional 210 shares during the period. Finally, V Square Quantitative Management LLC increased its stake in shares of Ventas by 3.9% during the third quarter. V Square Quantitative Management LLC now owns 5,832 shares of the real estate investment trust’s stock valued at $374,000 after buying an additional 217 shares during the period. Hedge funds and other institutional investors own 94.18% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on VTR. Baird R W raised shares of Ventas from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 17th. Wedbush reissued an “outperform” rating and set a $75.00 price objective on shares of Ventas in a report on Thursday, December 19th. Mizuho reduced their price objective on shares of Ventas from $71.00 to $68.00 and set an “outperform” rating for the company in a research note on Thursday, December 5th. Robert W. Baird upgraded Ventas from a “neutral” rating to an “outperform” rating and lowered their target price for the stock from $66.00 to $65.00 in a report on Friday, January 17th. Finally, Scotiabank lifted their price target on Ventas from $68.00 to $69.00 and gave the company a “sector perform” rating in a report on Monday, January 27th. Two equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $68.71.

Ventas Stock Up 0.3 %

Ventas stock opened at $60.36 on Friday. Ventas, Inc. has a 1-year low of $41.45 and a 1-year high of $67.61. The business has a fifty day moving average price of $60.01 and a 200-day moving average price of $60.90. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.04 and a quick ratio of 1.04. The stock has a market capitalization of $25.32 billion, a price-to-earnings ratio of -355.01, a PEG ratio of 2.58 and a beta of 1.37.

Ventas Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 16th. Stockholders of record on Tuesday, December 31st were paid a dividend of $0.45 per share. The ex-dividend date was Tuesday, December 31st. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.98%. Ventas’s payout ratio is -1,058.76%.

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.