State of Alaska Department of Revenue Has $14.71 Million Stock Holdings in Ventas, Inc. (NYSE:VTR)

State of Alaska Department of Revenue lowered its holdings in shares of Ventas, Inc. (NYSE:VTR) by 0.7% in the 4th quarter, HoldingsChannel reports. The firm owned 249,767 shares of the real estate investment trust’s stock after selling 1,780 shares during the period. State of Alaska Department of Revenue’s holdings in Ventas were worth $14,707,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in VTR. JPMorgan Chase & Co. boosted its holdings in shares of 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 buying an additional 599,600 shares in the last quarter. State Street Corp boosted its stake in Ventas by 2.2% during the third 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 in the last quarter. FMR LLC grew its holdings in Ventas by 4.4% in the third 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 period. Geode Capital Management LLC increased its stake in 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 valued at $665,559,000 after purchasing an additional 245,922 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA increased its stake in Ventas by 105.2% in the third quarter. Massachusetts Financial Services Co. MA now owns 5,420,322 shares of the real estate investment trust’s stock valued at $347,605,000 after purchasing an additional 2,778,408 shares in the last quarter. 94.18% of the stock is currently owned by institutional investors.

Ventas Price Performance

NYSE VTR opened at $60.85 on Thursday. Ventas, Inc. has a 12 month low of $41.45 and a 12 month high of $67.61. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.04 and a quick ratio of 1.04. The business has a fifty day simple moving average of $59.82 and a 200 day simple moving average of $61.17.

Ventas Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 16th. Stockholders of record on Tuesday, December 31st were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 2.96%. The ex-dividend date of this dividend was Tuesday, December 31st. Ventas’s dividend payout ratio is presently -1,058.76%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on VTR shares. Wedbush restated an “outperform” rating and issued a $75.00 target price on shares of Ventas in a research note on Thursday, December 19th. Baird R W raised Ventas from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 17th. Robert W. Baird raised Ventas from a “neutral” rating to an “outperform” rating and lowered their target price for the stock 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 report on Friday, January 17th. Finally, 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. Two equities research analysts have rated the stock with a hold rating, six have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $68.71.

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.