BNP Paribas Arbitrage SNC increased its holdings in shares of Ventas, Inc. (NYSE:VTR – Free Report) by 326.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 572,777 shares of the real estate investment trust’s stock after buying an additional 438,460 shares during the quarter. BNP Paribas Arbitrage SNC owned 0.14% of Ventas worth $27,075,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also modified their holdings of the business. Canada Pension Plan Investment Board grew its holdings in shares of Ventas by 5.9% during the second quarter. Canada Pension Plan Investment Board now owns 1,399,867 shares of the real estate investment trust’s stock valued at $66,172,000 after buying an additional 77,600 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in shares of Ventas by 2.9% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 69,770 shares of the real estate investment trust’s stock valued at $3,298,000 after buying an additional 1,961 shares in the last quarter. Sheets Smith Wealth Management purchased a new position in shares of Ventas during the second quarter valued at $207,000. Andra AP fonden boosted its position in Ventas by 0.8% during the second quarter. Andra AP fonden now owns 105,700 shares of the real estate investment trust’s stock valued at $4,996,000 after purchasing an additional 800 shares during the last quarter. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its position in Ventas by 8.0% during the second quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 565,486 shares of the real estate investment trust’s stock valued at $26,731,000 after purchasing an additional 42,049 shares during the last quarter. Hedge funds and other institutional investors own 93.48% of the company’s stock.
Wall Street Analyst Weigh In
A number of research firms recently issued reports on VTR. JPMorgan Chase & Co. reduced their price objective on Ventas from $49.00 to $48.00 and set a “neutral” rating for the company in a research report on Wednesday, August 30th. Wells Fargo & Company reduced their price objective on Ventas from $49.00 to $47.00 and set an “overweight” rating for the company in a research report on Monday. BNP Paribas started coverage on Ventas in a research report on Wednesday, October 11th. They issued an “outperform” rating and a $47.00 price target for the company. Wedbush raised Ventas from a “neutral” rating to an “outperform” rating and boosted their price target for the stock from $44.00 to $51.00 in a research report on Tuesday, November 7th. Finally, Royal Bank of Canada reduced their price target on Ventas from $54.00 to $53.00 and set an “outperform” rating for the company in a research report on Wednesday, August 9th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $50.62.
Ventas Trading Down 0.1 %
Shares of VTR opened at $44.46 on Thursday. Ventas, Inc. has a 12-month low of $39.33 and a 12-month high of $53.15. The company has a quick ratio of 0.43, a current ratio of 0.43 and a debt-to-equity ratio of 1.36. The firm has a market capitalization of $17.89 billion, a price-to-earnings ratio of 4,450.45, a P/E/G ratio of 2.08 and a beta of 1.26. The stock’s 50-day moving average price is $42.60 and its 200 day moving average price is $44.64.
Ventas Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 12th. Stockholders of record on Monday, October 2nd were paid a $0.45 dividend. The ex-dividend date of this dividend was Friday, September 29th. This represents a $1.80 annualized dividend and a dividend yield of 4.05%. Ventas’s dividend payout ratio is currently 18,018.02%.
Ventas Profile
Ventas Inc, an S&P 500 company, operates at the intersection of two large and dynamic industries healthcare and real estate. Fueled by powerful demographic demand from growth in the aging population, Ventas owns or has investments in a highly diversified portfolio of approximately 1,400 properties in the United States, Canada, and the United Kingdom.
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