Wolverine Asset Management LLC Reduces Holdings in Ventas, Inc. (NYSE:VTR)

Wolverine Asset Management LLC decreased its position in shares of Ventas, Inc. (NYSE:VTR) by 58.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,200 shares of the real estate investment trust’s stock after selling 3,100 shares during the quarter. Wolverine Asset Management LLC’s holdings in Ventas were worth $130,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of VTR. Raymond James & Associates lifted its holdings in shares of Ventas by 81.2% during the third quarter. Raymond James & Associates now owns 104,646 shares of the real estate investment trust’s stock worth $6,711,000 after purchasing an additional 46,887 shares during the period. Allspring Global Investments Holdings LLC lifted its holdings in shares of Ventas by 2.8% during the third quarter. Allspring Global Investments Holdings LLC now owns 20,421 shares of the real estate investment trust’s stock worth $1,310,000 after purchasing an additional 558 shares during the period. International Assets Investment Management LLC lifted its holdings in shares of Ventas by 7,539.3% during the third quarter. International Assets Investment Management LLC now owns 198,546 shares of the real estate investment trust’s stock worth $12,733,000 after purchasing an additional 195,947 shares during the period. Assenagon Asset Management S.A. lifted its holdings in shares of Ventas by 49.9% during the third quarter. Assenagon Asset Management S.A. now owns 8,163 shares of the real estate investment trust’s stock worth $523,000 after purchasing an additional 2,719 shares during the period. Finally, Ballentine Partners LLC lifted its holdings in shares of Ventas by 3.3% during the third quarter. Ballentine Partners LLC now owns 9,541 shares of the real estate investment trust’s stock worth $612,000 after purchasing an additional 304 shares during the period. Institutional investors and hedge funds own 94.18% of the company’s stock.

Ventas Stock Up 2.6 %

Ventas stock opened at $67.81 on Tuesday. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.85 and a quick ratio of 0.85. Ventas, Inc. has a 12 month low of $41.45 and a 12 month high of $68.02. The stock has a market capitalization of $29.64 billion, a PE ratio of 356.93, a price-to-earnings-growth ratio of 2.59 and a beta of 1.37. The business has a 50 day simple moving average of $60.36 and a 200-day simple moving average of $62.02.

Ventas (NYSE:VTR) last issued its quarterly earnings results on Wednesday, February 12th. The real estate investment trust reported $0.81 EPS for the quarter, topping the consensus estimate of ($0.02) by $0.83. Ventas had a return on equity of 0.82% and a net margin of 1.65%. On average, analysts anticipate that Ventas, Inc. will post 3.4 EPS for the current fiscal year.

Ventas Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Monday, March 31st will be given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 2.83%. This is a boost from Ventas’s previous quarterly dividend of $0.45. The ex-dividend date is Monday, March 31st. Ventas’s payout ratio is presently 1,010.53%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. StockNews.com raised Ventas from a “sell” rating to a “hold” rating in a report on Friday, January 17th. Robert W. Baird raised Ventas from a “neutral” rating to an “outperform” rating and decreased their price target for the company from $66.00 to $65.00 in a report on Friday, January 17th. Scotiabank boosted their price target on Ventas from $68.00 to $69.00 and gave the company a “sector perform” rating in a report on Monday, January 27th. Mizuho decreased their price target on Ventas from $71.00 to $68.00 and set an “outperform” rating for the company in a report on Thursday, December 5th. Finally, Baird R W upgraded Ventas from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 17th. Two equities research 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. According to MarketBeat, Ventas currently has an average rating of “Buy” and a consensus price target of $69.14.

Insider Buying and Selling at Ventas

In other Ventas news, CAO Gregory R. Liebbe sold 3,866 shares of the company’s stock in a transaction on Thursday, February 13th. The stock was sold at an average price of $63.00, for a total value of $243,558.00. Following the completion of the sale, the chief accounting officer now directly owns 11,371 shares in the company, valued at $716,373. This represents a 25.37 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.00% of the stock is owned by company insiders.

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.