EverSource Wealth Advisors LLC Increases Stock Holdings in Ventas, Inc. (NYSE:VTR)

EverSource Wealth Advisors LLC increased its holdings in Ventas, Inc. (NYSE:VTR) by 726.8% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,267 shares of the real estate investment trust’s stock after buying an additional 4,630 shares during the period. EverSource Wealth Advisors LLC’s holdings in Ventas were worth $310,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in VTR. ST Germain D J Co. Inc. purchased a new stake in shares of Ventas in the fourth quarter valued at about $27,000. Harbor Capital Advisors Inc. raised its position in shares of Ventas by 66.2% during the 4th quarter. Harbor Capital Advisors Inc. now owns 527 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 210 shares during the last quarter. Promus Capital LLC purchased a new stake in Ventas in the 4th quarter valued at approximately $38,000. New Wave Wealth Advisors LLC acquired a new stake in Ventas during the 4th quarter valued at $41,000. Finally, SRS Capital Advisors Inc. increased its position in Ventas by 1,039.4% during the fourth quarter. SRS Capital Advisors Inc. now owns 809 shares of the real estate investment trust’s stock worth $48,000 after buying an additional 738 shares in the last quarter. 94.18% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Ventas

In other news, CEO Debra A. Cafaro sold 388 shares of the company’s stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $71.00, for a total value of $27,548.00. Following the completion of the transaction, the chief executive officer now directly owns 1,128,143 shares in the company, valued at approximately $80,098,153. This represents a 0.03 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Gregory R. Liebbe sold 3,866 shares of the firm’s stock in a transaction 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 directly owns 11,371 shares of the company’s stock, valued at approximately $716,373. The trade was a 25.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 260,227 shares of company stock valued at $17,769,097 over the last quarter. Company insiders own 1.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Scotiabank increased their price objective on Ventas from $69.00 to $72.00 and gave the company a “sector perform” rating in a research note on Friday, February 28th. StockNews.com upgraded shares of Ventas from a “sell” rating to a “hold” rating in a report on Friday, January 17th. Wedbush upped 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. JPMorgan Chase & Co. lifted their target price on shares of Ventas from $71.00 to $73.00 and gave the stock a “neutral” rating in a research note on Friday, March 7th. Finally, Wells Fargo & Company increased their price target on Ventas from $72.00 to $77.00 and gave the stock an “overweight” rating in a research note on Monday, March 10th. Four analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Ventas currently has a consensus rating of “Moderate Buy” and an average price target of $72.20.

Ventas Stock Performance

NYSE VTR opened at $66.91 on Friday. The business’s 50-day simple moving average is $62.98 and its 200-day simple moving average is $62.89. The firm has a market capitalization of $29.25 billion, a P/E ratio of 352.19, a P/E/G ratio of 2.59 and a beta of 1.37. Ventas, Inc. has a 1-year low of $41.45 and a 1-year high of $71.04. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.85 and a quick ratio of 0.85.

Ventas (NYSE:VTR) last released its quarterly earnings data on Wednesday, February 12th. The real estate investment trust reported $0.81 earnings per share (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 predict 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. Shareholders 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 2.87%. The ex-dividend date of this dividend is Monday, March 31st. This is a boost from Ventas’s previous quarterly dividend of $0.45. Ventas’s payout ratio is currently 1,010.53%.

Ventas 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.