Ventas, Inc. (VTR) Shares Bought by Martingale Asset Management L P

Martingale Asset Management L P grew its stake in shares of Ventas, Inc. (NYSE:VTR) by 1.1% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 70,717 shares of the real estate investment trust’s stock after acquiring an additional 798 shares during the period. Martingale Asset Management L P’s holdings in Ventas were worth $3,846,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Federated Investors Inc. PA grew its holdings in shares of Ventas by 8.3% during the 3rd quarter. Federated Investors Inc. PA now owns 7,017,756 shares of the real estate investment trust’s stock valued at $381,626,000 after acquiring an additional 539,088 shares in the last quarter. Carnegie Capital Asset Management LLC grew its holdings in shares of Ventas by 26.5% during the 3rd quarter. Carnegie Capital Asset Management LLC now owns 7,386 shares of the real estate investment trust’s stock valued at $452,000 after acquiring an additional 1,546 shares in the last quarter. Belpointe Asset Management LLC grew its holdings in shares of Ventas by 21.5% during the 3rd quarter. Belpointe Asset Management LLC now owns 7,809 shares of the real estate investment trust’s stock valued at $425,000 after acquiring an additional 1,384 shares in the last quarter. Legal & General Group Plc grew its holdings in shares of Ventas by 1.5% during the 3rd quarter. Legal & General Group Plc now owns 2,684,214 shares of the real estate investment trust’s stock valued at $145,967,000 after acquiring an additional 40,897 shares in the last quarter. Finally, Standard Life Aberdeen plc grew its holdings in shares of Ventas by 11.1% during the 3rd quarter. Standard Life Aberdeen plc now owns 1,551,868 shares of the real estate investment trust’s stock valued at $84,398,000 after acquiring an additional 155,287 shares in the last quarter. Institutional investors and hedge funds own 85.21% of the company’s stock.

A number of equities research analysts recently issued reports on VTR shares. ValuEngine upgraded shares of Ventas from a “hold” rating to a “buy” rating in a report on Friday, November 16th. Royal Bank of Canada cut shares of Ventas from an “outperform” rating to a “sector perform” rating and set a $59.00 price objective for the company. in a report on Friday, November 2nd. Zacks Investment Research cut shares of Ventas from a “hold” rating to a “sell” rating in a report on Monday, December 31st. JPMorgan Chase & Co. started coverage on shares of Ventas in a report on Tuesday, October 30th. They issued a “neutral” rating and a $60.00 price objective for the company. Finally, Stifel Nicolaus set a $55.00 price objective on shares of Ventas and gave the stock a “hold” rating in a report on Monday, October 29th. Three analysts have rated the stock with a sell rating, twelve have given a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $57.07.

Ventas stock opened at $60.12 on Friday. The firm has a market cap of $20.75 billion, a price-to-earnings ratio of 14.45, a PEG ratio of 4.48 and a beta of 0.17. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.56 and a quick ratio of 0.56. Ventas, Inc. has a fifty-two week low of $46.55 and a fifty-two week high of $65.70.

Ventas (NYSE:VTR) last released its earnings results on Friday, October 26th. The real estate investment trust reported $0.99 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.97 by $0.02. The firm had revenue of $936.54 million during the quarter, compared to analyst estimates of $920.19 million. Ventas had a net margin of 19.90% and a return on equity of 4.56%. The business’s revenue was up 4.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.71 EPS. Equities analysts forecast that Ventas, Inc. will post 4.06 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, January 14th. Shareholders of record on Wednesday, January 2nd will be given a dividend of $0.7925 per share. This is a positive change from Ventas’s previous quarterly dividend of $0.79. The ex-dividend date of this dividend is Monday, December 31st. This represents a $3.17 dividend on an annualized basis and a yield of 5.27%. Ventas’s payout ratio is currently 76.20%.

In other Ventas news, EVP T Richard Riney sold 15,676 shares of the business’s stock in a transaction on Thursday, December 6th. The shares were sold at an average price of $65.00, for a total transaction of $1,018,940.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.40% of the stock is owned by insiders.

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Ventas Company Profile

Ventas, Inc, an S&P 500 company, is a leading real estate investment trust. Its diverse portfolio of approximately 1,200 assets in the United States, Canada and the United Kingdom consists of seniors housing communities, medical office buildings, life science and innovation centers, inpatient rehabilitation and long-term acute care facilities, health systems and skilled nursing facilities.

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Institutional Ownership by Quarter for Ventas (NYSE:VTR)

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