Jefferies Financial Group Inc. raised its holdings in shares of Ventas, Inc. (NYSE:VTR – Free Report) by 1,429.5% during the third quarter, Holdings Channel.com reports. The fund owned 220,710 shares of the real estate investment trust’s stock after buying an additional 206,280 shares during the period. Jefferies Financial Group Inc.’s holdings in Ventas were worth $18,765,000 at the end of the most recent reporting period.
Several other large investors have also made changes to their positions in the business. Andra AP fonden grew its position in shares of Ventas by 514.0% during the second quarter. Andra AP fonden now owns 127,700 shares of the real estate investment trust’s stock worth $11,340,000 after purchasing an additional 106,902 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in Ventas during the 2nd quarter valued at approximately $17,244,000. Adelante Capital Management LLC bought a new stake in Ventas during the 2nd quarter valued at approximately $52,737,000. Baird Financial Group Inc. lifted its holdings in Ventas by 39.8% in the 2nd quarter. Baird Financial Group Inc. now owns 227,174 shares of the real estate investment trust’s stock worth $20,173,000 after purchasing an additional 64,687 shares in the last quarter. Finally, Sei Investments Co. lifted its holdings in Ventas by 3.3% in the 1st quarter. Sei Investments Co. now owns 660,428 shares of the real estate investment trust’s stock worth $54,010,000 after purchasing an additional 21,378 shares in the last quarter. 94.18% of the stock is currently owned by hedge funds and other institutional investors.
Ventas Price Performance
NYSE:VTR opened at $90.36 on Thursday. The business’s 50-day moving average is $86.51 and its 200 day moving average is $86.89. Ventas, Inc. has a 12 month low of $73.82 and a 12 month high of $101.60. The company has a market capitalization of $47.79 billion, a P/E ratio of 170.50, a P/E/G ratio of 3.70 and a beta of 0.77. The company has a current ratio of 0.43, a quick ratio of 0.43 and a debt-to-equity ratio of 0.78.
Ventas Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th were given a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date was Wednesday, September 30th. Ventas’s dividend payout ratio is currently 392.45%.
Analyst Ratings Changes
A number of equities research analysts have issued reports on the stock. Weiss Ratings lowered shares of Ventas from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, November 3rd. Wells Fargo & Company reduced their price objective on shares of Ventas from $104.00 to $96.00 and set an “overweight” rating on the stock in a research report on Monday, October 19th. Evercore set a $100.00 target price on shares of Ventas and gave the stock an “outperform” rating in a report on Monday, September 21st. The Goldman Sachs Group boosted their target price on shares of Ventas from $110.00 to $114.00 and gave the stock a “buy” rating in a report on Friday, July 24th. Finally, Mizuho upped their target price on shares of Ventas from $98.00 to $104.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 22nd. Seventeen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $99.68.
View Our Latest Stock Analysis on VTR
Ventas Profile
Ventas, Inc. is a real estate investment trust focused on properties and services that support the health care and senior living sectors. Its portfolio includes senior housing communities, outpatient medical buildings, and research and life science facilities. The company owns and invests in properties across the United States, Canada, and the United Kingdom. Many of its communities and facilities are operated by health care and senior living providers, while Ventas provides real estate capital and asset management.
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