Eii Capital Management Inc. lessened its holdings in Ventas, Inc. (NYSE:VTR) by 22.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 72,654 shares of the real estate investment trust’s stock after selling 20,895 shares during the quarter. Ventas accounts for approximately 1.8% of Eii Capital Management Inc.’s investment portfolio, making the stock its 11th biggest position. Eii Capital Management Inc.’s holdings in Ventas were worth $4,360,000 at the end of the most recent quarter.
Other institutional investors have also made changes to their positions in the company. UMB Bank N A MO boosted its position in shares of Ventas by 8.0% in the fourth quarter. UMB Bank N A MO now owns 197,132 shares of the real estate investment trust’s stock valued at $11,830,000 after acquiring an additional 14,671 shares during the period. IFM Investors Pty Ltd bought a new stake in shares of Ventas in the third quarter valued at about $647,000. Toronto Dominion Bank boosted its position in shares of Ventas by 13.6% in the fourth quarter. Toronto Dominion Bank now owns 153,494 shares of the real estate investment trust’s stock valued at $9,212,000 after acquiring an additional 18,372 shares during the period. BlackRock Inc. boosted its position in shares of Ventas by 1.3% in the fourth quarter. BlackRock Inc. now owns 37,796,715 shares of the real estate investment trust’s stock valued at $2,268,180,000 after acquiring an additional 468,516 shares during the period. Finally, Schwab Charles Investment Management Inc. boosted its position in shares of Ventas by 9.9% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 3,485,820 shares of the real estate investment trust’s stock valued at $209,185,000 after acquiring an additional 314,690 shares during the period. 88.83% of the stock is owned by institutional investors.
Ventas stock opened at $50.15 on Monday. The company has a market capitalization of $17,862.73, a PE ratio of 13.30, a P/E/G ratio of 3.26 and a beta of 0.14. Ventas, Inc. has a 52 week low of $47.97 and a 52 week high of $72.36. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.20 and a quick ratio of 1.20.
Ventas (NYSE:VTR) last issued its earnings results on Friday, February 9th. The real estate investment trust reported $1.03 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.03. The firm had revenue of $895.30 million during the quarter, compared to the consensus estimate of $895.92 million. Ventas had a return on equity of 5.99% and a net margin of 37.95%. The business’s quarterly revenue was up 2.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.58 earnings per share. equities analysts expect that Ventas, Inc. will post 4.03 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 12th. Shareholders of record on Monday, April 2nd will be paid a dividend of $0.79 per share. This represents a $3.16 annualized dividend and a yield of 6.30%. The ex-dividend date is Thursday, March 29th. Ventas’s payout ratio is 83.82%.
VTR has been the subject of a number of recent research reports. ValuEngine raised shares of Ventas from a “hold” rating to a “buy” rating in a research report on Friday, January 5th. BMO Capital Markets set a $55.00 price target on Ventas and gave the company a “sell” rating in a research note on Monday, January 15th. Zacks Investment Research raised Ventas from a “sell” rating to a “hold” rating in a research note on Wednesday, November 22nd. KeyCorp set a $50.00 price target on Ventas and gave the company a “sell” rating in a research note on Thursday, January 11th. Finally, UBS downgraded Ventas from a “market perform” rating to an “underperform” rating in a research note on Monday, December 4th. Six analysts have rated the stock with a sell rating, nine have issued a hold rating and two have assigned a buy rating to the company’s stock. Ventas presently has a consensus rating of “Hold” and a consensus price target of $58.50.
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Ventas Company Profile
Ventas, Inc is a real estate investment trust (REIT) with its properties located throughout the United States, Canada and the United Kingdom. The Company operates through three segments: triple-net leased properties, senior living operations and office operations. Under its triple-net leased properties segment, the Company invests in and owns seniors housing and healthcare properties throughout the United States and the United Kingdom and leases those properties to healthcare operating companies under triple-net or absolute-net leases that obligate the tenants to pay all property-related expenses.
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