Ventas, Inc. $VTR Shares Acquired by Kestra Advisory Services LLC

Kestra Advisory Services LLC grew its stake in shares of Ventas, Inc. (NYSE:VTR) by 31.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 38,551 shares of the real estate investment trust’s stock after acquiring an additional 9,258 shares during the period. Kestra Advisory Services LLC’s holdings in Ventas were worth $3,278,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Dynamic Wealth Strategies LLC purchased a new position in Ventas during the 1st quarter worth $25,000. Silvant Capital Management LLC bought a new stake in Ventas during the 2nd quarter valued at $28,000. Provenance Wealth Advisors LLC lifted its holdings in shares of Ventas by 640.9% in the 3rd quarter. Provenance Wealth Advisors LLC now owns 326 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 282 shares during the period. Meeder Asset Management Inc. purchased a new stake in shares of Ventas in the 2nd quarter worth $30,000. Finally, Western Wealth Management LLC purchased a new stake in shares of Ventas in the 1st quarter worth $40,000. Hedge funds and other institutional investors own 94.18% of the company’s stock.

Ventas Stock Down 0.8%

Ventas stock traded down $0.71 during mid-day trading on Friday, reaching $88.94. 2,226,914 shares of the company were exchanged, compared to its average volume of 3,550,009. The business has a fifty day moving average of $86.40 and a 200 day moving average of $87.03. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.43 and a current ratio of 0.43. The firm has a market cap of $47.03 billion, a P/E ratio of 167.81, a PEG ratio of 3.67 and a beta of 0.77. Ventas, Inc. has a 12-month low of $73.82 and a 12-month high of $101.60.

Ventas (NYSE:VTR) last announced its 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). The company had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.77 billion. Ventas had a net margin of 3.86% and a return on equity of 1.86%. The firm’s revenue was up 23.0% compared to the same quarter last year. During the same period last year, the business posted $0.88 EPS. Research analysts anticipate that Ventas, Inc. will post 3.89 earnings per share for the current fiscal year.

Ventas Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 30th were given a dividend of $0.52 per share. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $2.08 dividend on an annualized basis and a yield of 2.3%. Ventas’s dividend payout ratio (DPR) is presently 392.45%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on VTR shares. Cantor Fitzgerald dropped their price target on Ventas from $102.00 to $95.00 and set an “overweight” rating on the stock in a research report on Thursday, October 29th. Citigroup lifted their price objective on Ventas from $100.00 to $110.00 and gave the company a “buy” rating in a report on Tuesday, August 4th. JPMorgan Chase & Co. upped their price objective on shares of Ventas from $94.00 to $104.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 2nd. Royal Bank Of Canada increased their target price on shares of Ventas from $98.00 to $99.00 and gave the stock an “outperform” rating in a report on Friday, August 14th. Finally, The Goldman Sachs Group raised their target price on shares of Ventas from $110.00 to $114.00 and gave the company a “buy” rating in a research report on Friday, July 24th. Seventeen research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $99.68.

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.