ANTIPODES PARTNERS Ltd raised its holdings in Ventas, Inc. (NYSE:VTR – Free Report) by 2.3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,483,586 shares of the real estate investment trust’s stock after buying an additional 33,670 shares during the quarter. Ventas accounts for about 3.0% of ANTIPODES PARTNERS Ltd’s investment portfolio, making the stock its 13th largest position. ANTIPODES PARTNERS Ltd’s holdings in Ventas were worth $87,375,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VTR. JPMorgan Chase & Co. lifted its position 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 acquiring an additional 599,600 shares during the period. State Street Corp lifted its position 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 acquiring an additional 581,870 shares during the period. FMR LLC lifted its position 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 acquiring an additional 982,795 shares during the period. Geode Capital Management LLC lifted its position 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 acquiring an additional 245,922 shares during the period. Finally, Massachusetts Financial Services Co. MA lifted its position 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 acquiring an additional 2,778,408 shares during the period. Institutional investors and hedge funds own 94.18% of the company’s stock.
Insiders Place Their Bets
In other Ventas news, CAO Gregory R. Liebbe sold 3,866 shares of the business’s 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 transaction, the chief accounting officer now owns 11,371 shares of the company’s stock, valued at $716,373. The trade was a 25.37 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Debra A. Cafaro sold 388 shares of the business’s stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $71.00, for a total value of $27,548.00. Following the transaction, the chief executive officer now directly owns 1,128,143 shares in the company, valued at approximately $80,098,153. This trade represents a 0.03 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 260,227 shares of company stock valued at $17,769,097 over the last 90 days. 1.00% of the stock is currently owned by insiders.
Ventas Stock Down 0.6 %
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 (EPS) for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.83. Ventas had a return on equity of 0.82% and a net margin of 1.65%. On average, equities research analysts forecast that Ventas, Inc. will post 3.4 EPS for the current year.
Ventas Increases Dividend
The business also recently announced 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 represents a $1.92 annualized dividend and a yield of 2.90%. The ex-dividend date is Monday, March 31st. This is a positive change from Ventas’s previous quarterly dividend of $0.45. Ventas’s dividend payout ratio is presently 1,010.53%.
Wall Street Analyst Weigh In
VTR has been the subject of a number of research reports. Baird R W upgraded Ventas from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 17th. JPMorgan Chase & Co. raised their target price on Ventas from $71.00 to $73.00 and gave the stock a “neutral” rating in a research report on Friday, March 7th. Mizuho cut their target price on Ventas from $71.00 to $68.00 and set an “outperform” rating for the company in a research report on Thursday, December 5th. StockNews.com upgraded Ventas from a “sell” rating to a “hold” rating in a research report on Friday, January 17th. Finally, Royal Bank of Canada raised their target price on Ventas from $70.00 to $74.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 25th. Four investment 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. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $72.20.
View Our Latest Research Report on VTR
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.
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