Global Wealth Management Investment Advisory Inc. Acquires 250 Shares of Ventas, Inc. (NYSE:VTR)

Global Wealth Management Investment Advisory Inc. lifted its holdings in shares of Ventas, Inc. (NYSE:VTR) by 2.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 9,493 shares of the real estate investment trust’s stock after purchasing an additional 250 shares during the quarter. Global Wealth Management Investment Advisory Inc.’s holdings in Ventas were worth $473,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Commonwealth Equity Services LLC boosted its stake in Ventas by 2.1% in the 3rd quarter. Commonwealth Equity Services LLC now owns 61,041 shares of the real estate investment trust’s stock valued at $2,572,000 after purchasing an additional 1,262 shares during the period. Xponance Inc. boosted its stake in Ventas by 7.2% in the 3rd quarter. Xponance Inc. now owns 57,116 shares of the real estate investment trust’s stock valued at $2,406,000 after purchasing an additional 3,845 shares during the period. Independent Advisor Alliance boosted its stake in Ventas by 8.1% in the 3rd quarter. Independent Advisor Alliance now owns 12,486 shares of the real estate investment trust’s stock valued at $526,000 after purchasing an additional 937 shares during the period. Bank of New York Mellon Corp boosted its stake in Ventas by 2.6% in the 3rd quarter. Bank of New York Mellon Corp now owns 4,015,820 shares of the real estate investment trust’s stock valued at $169,186,000 after purchasing an additional 101,313 shares during the period. Finally, Vert Asset Management LLC raised its holdings in shares of Ventas by 7.4% during the 3rd quarter. Vert Asset Management LLC now owns 164,831 shares of the real estate investment trust’s stock worth $6,944,000 after buying an additional 11,347 shares in the last quarter. 94.18% of the stock is currently owned by institutional investors.

Ventas Trading Down 1.1 %

Shares of VTR stock opened at $43.81 on Thursday. The stock has a market cap of $17.70 billion, a price-to-earnings ratio of -398.24, a PEG ratio of 2.39 and a beta of 1.25. The stock has a 50-day moving average of $43.27 and a 200-day moving average of $45.12. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 1.41. Ventas, Inc. has a 1-year low of $39.33 and a 1-year high of $50.99.

Ventas Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 18th. Stockholders of record on Monday, April 1st were paid a $0.45 dividend. The ex-dividend date of this dividend was Thursday, March 28th. This represents a $1.80 annualized dividend and a dividend yield of 4.11%. Ventas’s payout ratio is -1,636.21%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Mizuho boosted their price target on Ventas from $53.00 to $56.00 and gave the stock a “buy” rating in a report on Wednesday, January 3rd. Wells Fargo & Company reaffirmed an “equal weight” rating and issued a $46.00 target price (down previously from $52.00) on shares of Ventas in a report on Monday, February 26th. Deutsche Bank Aktiengesellschaft began coverage on Ventas in a report on Tuesday, January 30th. They issued a “buy” rating and a $60.00 target price for the company. StockNews.com cut Ventas from a “hold” rating to a “sell” rating in a report on Tuesday, February 13th. Finally, Evercore ISI raised Ventas from an “in-line” rating to an “outperform” rating and set a $50.00 target price for the company in a report on Monday, March 18th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $51.25.

Ventas Company 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.