Kestra Private Wealth Services LLC Purchases 932 Shares of Ventas, Inc. (NYSE:VTR)

Kestra Private Wealth Services LLC raised its position in Ventas, Inc. (NYSE:VTR) by 8.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,546 shares of the real estate investment trust’s stock after purchasing an additional 932 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Ventas were worth $739,000 as of its most recent SEC filing.

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

Analyst Ratings Changes

A number of equities research analysts recently weighed in on VTR shares. Robert W. Baird upgraded shares of Ventas from a “neutral” rating to an “outperform” rating and decreased their price objective for the company from $66.00 to $65.00 in a report on Friday, January 17th. Mizuho decreased their price target 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. Wedbush boosted their price target on Ventas from $69.00 to $78.00 and gave the company an “outperform” rating in a report on Friday. Baird R W upgraded Ventas from a “hold” rating to a “strong-buy” rating in a report on Friday, January 17th. Finally, Scotiabank upped their target price on Ventas from $68.00 to $69.00 and gave the stock a “sector perform” rating in a report on Monday, January 27th. Two investment analysts have rated the stock with a hold rating, six have given a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $69.14.

Ventas Trading Up 2.5 %

Shares of NYSE:VTR opened at $66.57 on Friday. The company has a market capitalization of $27.93 billion, a PE ratio of -391.55, a P/E/G ratio of 2.62 and a beta of 1.37. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.39. Ventas, Inc. has a 12-month low of $41.45 and a 12-month high of $67.61. The business’s fifty day simple moving average is $59.49 and its 200-day simple moving average is $61.42.

Ventas (NYSE:VTR) last posted its earnings results on Wednesday, February 12th. The real estate investment trust reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.02) by $0.83. Ventas had a negative return on equity of 0.69% and a negative net margin of 1.38%. As a group, equities research analysts predict that Ventas, Inc. will post 3.16 earnings per share for the current fiscal year.

Ventas Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Monday, March 31st will be paid a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 2.88%. This is an increase from Ventas’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend is Monday, March 31st. Ventas’s dividend payout ratio (DPR) is -1,058.76%.

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.