Picton Mahoney Asset Management Has $13.21 Million Holdings in Ventas, Inc. (NYSE:VTR)

Picton Mahoney Asset Management decreased its holdings in Ventas, Inc. (NYSE:VTR) by 1.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 224,275 shares of the real estate investment trust’s stock after selling 3,066 shares during the quarter. Picton Mahoney Asset Management owned 0.05% of Ventas worth $13,210,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the business. JPMorgan Chase & Co. grew its holdings in shares of Ventas by 2.2% in 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 purchasing an additional 599,600 shares during the last quarter. State Street Corp grew its holdings in shares of Ventas by 2.2% in the 3rd quarter. State Street Corp now owns 26,671,227 shares of the real estate investment trust’s stock worth $1,710,426,000 after purchasing an additional 581,870 shares during the last quarter. FMR LLC grew 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 worth $1,498,385,000 after purchasing an additional 982,795 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Ventas by 2.4% in the 3rd 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 during the last quarter. Finally, Massachusetts Financial Services Co. MA grew its holdings in shares of Ventas by 105.2% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,420,322 shares of the real estate investment trust’s stock worth $347,605,000 after purchasing an additional 2,778,408 shares during the last quarter. Institutional investors and hedge funds own 94.18% of the company’s stock.

Ventas Stock Performance

Ventas stock opened at $66.91 on Friday. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.25. Ventas, Inc. has a 1 year low of $41.45 and a 1 year high of $71.04. The company has a market cap of $29.25 billion, a PE ratio of 352.19, a PEG ratio of 2.59 and a beta of 1.37. The company’s 50-day moving average is $62.98 and its two-hundred day moving average is $62.88.

Ventas (NYSE:VTR) last announced its quarterly earnings results on Wednesday, February 12th. The real estate investment trust reported $0.81 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.83. Ventas had a net margin of 1.65% and a return on equity of 0.82%. Equities analysts anticipate that Ventas, Inc. will post 3.4 earnings per share for the current year.

Ventas Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders 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 yield of 2.87%. The ex-dividend date is Monday, March 31st. Ventas’s dividend payout ratio (DPR) is 1,010.53%.

Insiders Place Their Bets

In related news, CEO Debra A. Cafaro sold 214,679 shares of the firm’s stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $68.22, for a total value of $14,645,401.38. Following the completion of the transaction, the chief executive officer now directly owns 1,138,143 shares of the company’s stock, valued at approximately $77,644,115.46. This trade represents a 15.87 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Gregory R. Liebbe sold 3,866 shares of Ventas stock in a transaction 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 transaction, the chief accounting officer now directly owns 11,371 shares of the company’s stock, valued at approximately $716,373. This trade represents a 25.37 % decrease in their ownership of the stock. 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. Company insiders own 1.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on VTR shares. Wells Fargo & Company upped their target price on shares of Ventas from $72.00 to $77.00 and gave the stock an “overweight” rating in a report on Monday, March 10th. Baird R W raised shares of Ventas from a “hold” rating to a “strong-buy” rating in a report on Friday, January 17th. Robert W. Baird raised shares of Ventas from a “neutral” rating to an “outperform” rating and decreased their price objective for the stock from $66.00 to $65.00 in a report on Friday, January 17th. StockNews.com raised shares of Ventas from a “sell” rating to a “hold” rating in a report on Friday, January 17th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Ventas from $71.00 to $73.00 and gave the stock a “neutral” rating in a report on Friday, March 7th. Four equities research analysts have rated the stock with a hold rating, seven have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $72.20.

About Ventas

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.