12,339 Shares in Ventas, Inc. (NYSE:VTR) Purchased by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC purchased a new stake in shares of Ventas, Inc. (NYSE:VTR) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 12,339 shares of the real estate investment trust’s stock, valued at approximately $621,000.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Bruce G. Allen Investments LLC purchased a new position in shares of Ventas during the fourth quarter valued at approximately $25,000. Gradient Investments LLC lifted its position in shares of Ventas by 82.7% in the 4th quarter. Gradient Investments LLC now owns 718 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 325 shares during the period. Jones Financial Companies Lllp lifted its position in shares of Ventas by 151.1% in the 3rd quarter. Jones Financial Companies Lllp now owns 796 shares of the real estate investment trust’s stock worth $34,000 after purchasing an additional 479 shares during the period. NBC Securities Inc. bought a new stake in shares of Ventas during the 3rd quarter valued at about $44,000. Finally, Massmutual Trust Co. FSB ADV increased its position in shares of Ventas by 73.4% during the fourth quarter. Massmutual Trust Co. FSB ADV now owns 1,408 shares of the real estate investment trust’s stock valued at $70,000 after buying an additional 596 shares during the period. Hedge funds and other institutional investors own 94.18% of the company’s stock.

Ventas Stock Performance

Shares of VTR opened at $46.79 on Monday. Ventas, Inc. has a twelve month low of $39.33 and a twelve month high of $50.99. The firm has a 50 day moving average of $43.36 and a 200 day moving average of $45.17. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.63 and a quick ratio of 0.63.

Ventas Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 18th. Shareholders of record on Monday, April 1st were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 3.85%. The ex-dividend date was Thursday, March 28th. Ventas’s payout ratio is -947.32%.

Wall Street Analysts Forecast Growth

VTR has been the topic of several research reports. Evercore ISI raised Ventas from an “in-line” rating to an “outperform” rating and set a $50.00 price objective on the stock in a research report on Monday, March 18th. Deutsche Bank Aktiengesellschaft started coverage on Ventas in a report on Tuesday, January 30th. They issued a “buy” rating and a $60.00 price objective for the company. Bank of America upgraded shares of Ventas from a “neutral” rating to a “buy” rating and boosted their target price for the company from $48.00 to $53.00 in a report on Tuesday, January 16th. Wells Fargo & Company reiterated an “equal weight” rating and issued a $46.00 price target (down from $52.00) on shares of Ventas in a research note on Monday, February 26th. Finally, StockNews.com cut shares of Ventas from a “hold” rating to a “sell” rating in a research report on Tuesday, February 13th. One analyst has rated the stock with a sell rating, three have issued a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $51.25.

Ventas 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.