26,434 Shares of Ventas, Inc. $VTR Bought by Machina Capital S.A.S.

Machina Capital S.A.S. purchased a new position in shares of Ventas, Inc. (NYSE:VTR) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 26,434 shares of the real estate investment trust’s stock, valued at approximately $2,247,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Illinois Municipal Retirement Fund grew its stake in shares of Ventas by 8.5% in the third quarter. Illinois Municipal Retirement Fund now owns 175,247 shares of the real estate investment trust’s stock valued at $14,900,000 after buying an additional 13,712 shares in the last quarter. Bahl & Gaynor LLC increased its holdings in Ventas by 2.6% during the third quarter. Bahl & Gaynor LLC now owns 786,468 shares of the real estate investment trust’s stock worth $66,866,000 after buying an additional 19,783 shares during the last quarter. Lido Advisors LLC increased its holdings in Ventas by 48.8% during the third quarter. Lido Advisors LLC now owns 13,418 shares of the real estate investment trust’s stock worth $1,141,000 after buying an additional 4,399 shares during the last quarter. Keybank National Association OH raised its position in Ventas by 119.0% during the third quarter. Keybank National Association OH now owns 14,597 shares of the real estate investment trust’s stock worth $1,241,000 after acquiring an additional 7,933 shares in the last quarter. Finally, New York Life Investment Management LLC raised its position in Ventas by 5.0% during the third quarter. New York Life Investment Management LLC now owns 76,231 shares of the real estate investment trust’s stock worth $6,481,000 after acquiring an additional 3,612 shares in the last quarter. Institutional investors own 94.18% of the company’s stock.

Analysts Set New Price Targets

VTR has been the subject of a number of recent analyst reports. Scotiabank increased their price target on shares of Ventas from $93.00 to $95.00 and gave the company a “sector perform” rating in a research note on Wednesday, September 2nd. Mizuho boosted their price objective on shares of Ventas from $98.00 to $104.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 22nd. Royal Bank Of Canada upped their target price on shares of Ventas from $98.00 to $99.00 and gave the company an “outperform” rating in a report on Friday, August 14th. JPMorgan Chase & Co. raised their target price on shares of Ventas from $94.00 to $104.00 and gave the company an “overweight” rating in a research note on Wednesday, September 2nd. Finally, Citigroup lifted their price target on Ventas from $100.00 to $110.00 and gave the stock a “buy” rating in a report on Tuesday, August 4th. Seventeen 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, the company currently has an average rating of “Moderate Buy” and an average price target of $99.68.

Ventas Stock Down 0.9%

VTR opened at $89.59 on Friday. Ventas, Inc. has a 1-year low of $73.82 and a 1-year high of $101.60. The stock’s fifty day simple moving average is $86.46 and its 200 day simple moving average is $86.96. The company has a current ratio of 0.43, a quick ratio of 0.43 and a debt-to-equity ratio of 0.78. The stock has a market cap of $47.38 billion, a PE ratio of 23.86, a price-to-earnings-growth ratio of 3.70 and a beta of 0.77.

Ventas (NYSE:VTR) last announced its quarterly earnings results on Tuesday, October 27th. The real estate investment trust reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.98 by ($0.85). Ventas had a net margin of 3.86% and a return on equity of 1.86%. The business had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.77 billion. During the same period in the prior year, the business earned $0.88 EPS. The company’s revenue for the quarter was up 23.0% compared to the same quarter last year. As a group, research analysts expect that Ventas, Inc. will post 3.89 earnings per share for the current year.

Ventas Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th were paid 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 (DPR) is currently 392.45%.

Ventas Company 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.