Sava Infond d.o.o. bought a new stake in shares of Ventas, Inc. (NYSE:VTR – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 37,265 shares of the real estate investment trust’s stock, valued at approximately $2,195,000.
A number of other hedge funds also recently modified their holdings of the business. Vanguard Group Inc. grew its holdings in shares of Ventas by 1.4% during 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 buying an additional 912,813 shares in the last quarter. JPMorgan Chase & Co. boosted its position 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 period. State Street Corp grew its stake in Ventas by 2.2% during the 3rd quarter. State Street Corp now owns 26,671,227 shares of the real estate investment trust’s stock valued at $1,710,426,000 after acquiring an additional 581,870 shares in the last quarter. FMR LLC increased its holdings in shares of Ventas by 4.4% in the 3rd quarter. FMR LLC now owns 23,364,810 shares of the real estate investment trust’s stock valued at $1,498,385,000 after purchasing an additional 982,795 shares during the period. Finally, Geode Capital Management LLC lifted its position in shares of Ventas by 2.4% in the third quarter. Geode Capital Management LLC now owns 10,411,293 shares of the real estate investment trust’s stock worth $665,559,000 after purchasing an additional 245,922 shares in the last quarter. Hedge funds and other institutional investors own 94.18% of the company’s stock.
Insider Activity at Ventas
In related news, CAO Gregory R. Liebbe sold 3,866 shares of the stock in a transaction that occurred on Thursday, February 13th. The stock was sold at an average price of $63.00, for a total transaction of $243,558.00. Following the completion of the sale, the chief accounting officer now owns 11,371 shares in the company, valued at $716,373. This represents a 25.37 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Debra A. Cafaro sold 388 shares of the firm’s stock in a transaction that occurred 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 sale, the chief executive officer now directly owns 1,128,143 shares in the company, valued at $80,098,153. This trade represents a 0.03 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 260,227 shares of company stock worth $17,769,097. 1.00% of the stock is owned by insiders.
Ventas Stock Performance
Ventas (NYSE:VTR – Get Free Report) last posted its earnings results on Wednesday, February 12th. The real estate investment trust reported $0.81 earnings per share for the quarter, topping the consensus estimate of ($0.02) by $0.83. Ventas had a return on equity of 0.82% and a net margin of 1.65%. As a group, equities research analysts forecast that Ventas, Inc. will post 3.4 earnings per share for the current fiscal year.
Ventas Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Monday, March 31st will be issued a dividend of $0.48 per share. This is an increase from Ventas’s previous quarterly dividend of $0.45. This represents a $1.92 annualized dividend and a dividend yield of 2.82%. The ex-dividend date of this dividend is Monday, March 31st. Ventas’s dividend payout ratio is currently 1,010.53%.
Analysts Set New Price Targets
A number of research analysts recently commented on VTR shares. Robert W. Baird raised shares of Ventas from a “neutral” rating to an “outperform” rating and lowered their price objective for the company from $66.00 to $65.00 in a research report on Friday, January 17th. StockNews.com raised shares of Ventas from a “sell” rating to a “hold” rating in a research note on Friday, January 17th. Morgan Stanley upped their price target on shares of Ventas from $65.00 to $70.00 and gave the stock an “equal weight” rating in a research note on Tuesday, March 11th. Wedbush lifted their price objective on Ventas from $69.00 to $78.00 and gave the company an “outperform” rating in a research report on Friday, February 14th. Finally, Argus set a $75.00 target price on Ventas in a research note on Friday, March 7th. Four research analysts have rated the stock with a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Ventas presently has an average rating of “Moderate Buy” and a consensus target price of $72.90.
Read Our Latest Analysis on VTR
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.
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