NorthRock Partners LLC Has $349,000 Stock Position in Ventas, Inc. (NYSE:VTR)

NorthRock Partners LLC lifted its position in shares of Ventas, Inc. (NYSE:VTR) by 31.0% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,924 shares of the real estate investment trust’s stock after buying an additional 1,402 shares during the quarter. NorthRock Partners LLC’s holdings in Ventas were worth $349,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Presima Securities ULC raised its stake in Ventas by 38.0% in the fourth quarter. Presima Securities ULC now owns 439,942 shares of the real estate investment trust’s stock valued at $25,908,000 after purchasing an additional 121,193 shares in the last quarter. Mizuho Securities USA LLC raised its stake in Ventas by 48.4% in the fourth quarter. Mizuho Securities USA LLC now owns 39,760 shares of the real estate investment trust’s stock valued at $2,341,000 after purchasing an additional 12,969 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in Ventas by 726.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 5,267 shares of the real estate investment trust’s stock valued at $310,000 after purchasing an additional 4,630 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in Ventas by 2.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,028,015 shares of the real estate investment trust’s stock valued at $296,100,000 after purchasing an additional 123,937 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Ventas by 2.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 27,557,480 shares of the real estate investment trust’s stock valued at $1,767,261,000 after purchasing an additional 599,600 shares in the last quarter. Institutional investors and hedge funds own 94.18% of the company’s stock.

Ventas Stock Up 1.5%

NYSE:VTR opened at $65.78 on Friday. The firm’s 50 day simple moving average is $66.96 and its 200 day simple moving average is $63.94. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.85 and a quick ratio of 0.85. Ventas, Inc. has a one year low of $46.66 and a one year high of $71.36. The company has a market cap of $29.69 billion, a PE ratio of 346.24, a P/E/G ratio of 2.59 and a beta of 0.95.

Ventas (NYSE:VTR) last posted its earnings results on Wednesday, April 30th. The real estate investment trust reported $0.84 EPS for the quarter, topping the consensus estimate of $0.82 by $0.02. Ventas had a net margin of 1.65% and a return on equity of 0.82%. The business had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.32 billion. During the same period last year, the company earned $0.78 EPS. The firm’s revenue was up 13.2% compared to the same quarter last year. On average, research analysts anticipate that Ventas, Inc. will post 3.4 earnings per share for the current year.

Ventas Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 17th. Investors of record on Monday, June 30th will be given a dividend of $0.48 per share. The ex-dividend date of this dividend is Monday, June 30th. This represents a $1.92 annualized dividend and a yield of 2.92%. Ventas’s dividend payout ratio is presently 581.82%.

Insider Buying and Selling

In other news, Director Walter C. Rakowich sold 1,459 shares of the company’s stock in a transaction on Wednesday, May 14th. The shares were sold at an average price of $63.76, for a total value of $93,025.84. Following the sale, the director now directly owns 27,454 shares of the company’s stock, valued at approximately $1,750,467.04. This represents a 5.05% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Debra A. Cafaro sold 9,110 shares of the company’s stock in a transaction on Thursday, May 1st. The shares were sold at an average price of $66.04, for a total transaction of $601,624.40. Following the completion of the sale, the chief executive officer now directly owns 1,145,695 shares in the company, valued at approximately $75,661,697.80. This represents a 0.79% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 311,481 shares of company stock worth $21,385,983 in the last ninety days. Company insiders own 0.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. JPMorgan Chase & Co. raised their target price on Ventas from $71.00 to $73.00 and gave the company a “neutral” rating in a report on Friday, March 7th. StockNews.com raised shares of Ventas from a “sell” rating to a “hold” rating in a report on Wednesday. Argus set a $75.00 target price on shares of Ventas in a report on Friday, March 7th. Morgan Stanley increased their target price on shares of Ventas from $65.00 to $70.00 and gave the stock an “equal weight” rating in a report on Tuesday, March 11th. Finally, Scotiabank increased their target price on shares of Ventas from $69.00 to $72.00 and gave the stock a “sector perform” rating in a report on Friday, February 28th. Four equities research analysts have rated the stock with a hold rating, seven have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $73.00.

About Ventas

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.