Tandem Capital Management Corp ADV Sells 655 Shares of Ventas, Inc. (NYSE:VTR)

Tandem Capital Management Corp ADV lowered its stake in shares of Ventas, Inc. (NYSE:VTR) by 1.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,927 shares of the real estate investment trust’s stock after selling 655 shares during the quarter. Ventas accounts for 1.4% of Tandem Capital Management Corp ADV’s investment portfolio, making the stock its 21st largest holding. Tandem Capital Management Corp ADV’s holdings in Ventas were worth $2,289,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also bought and sold shares of the stock. Deutsche Bank AG grew its stake in Ventas by 315.0% in the 3rd quarter. Deutsche Bank AG now owns 3,218,555 shares of the real estate investment trust’s stock valued at $135,598,000 after purchasing an additional 2,443,076 shares during the period. Resolution Capital Ltd bought a new position in Ventas in the 3rd quarter valued at $77,297,000. FMR LLC grew its stake in Ventas by 7.1% in the 3rd quarter. FMR LLC now owns 22,246,452 shares of the real estate investment trust’s stock valued at $937,243,000 after purchasing an additional 1,483,908 shares during the period. Rush Island Management LP bought a new position in Ventas in the 3rd quarter valued at $56,815,000. Finally, Strs Ohio grew its stake in Ventas by 196.2% in the 3rd quarter. Strs Ohio now owns 1,501,021 shares of the real estate investment trust’s stock valued at $63,238,000 after purchasing an additional 994,210 shares during the period. Institutional investors own 94.18% of the company’s stock.

Ventas Price Performance

NYSE VTR traded down $0.25 during trading on Thursday, reaching $43.36. The company’s stock had a trading volume of 1,161,258 shares, compared to its average volume of 2,370,313. The stock has a market capitalization of $17.52 billion, a PE ratio of -394.15, a P/E/G ratio of 2.42 and a beta of 1.26. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.51 and a quick ratio of 0.51. The firm has a fifty day moving average of $43.22 and a 200 day moving average of $45.05. Ventas, Inc. has a one year low of $39.33 and a one year high of $50.99.

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 paid a $0.45 dividend. The ex-dividend date of this dividend was Thursday, March 28th. This represents a $1.80 dividend on an annualized basis and a yield of 4.15%. Ventas’s dividend payout ratio is currently -1,636.21%.

Analyst Ratings Changes

VTR has been the subject of a number of recent analyst reports. Evercore ISI upgraded Ventas from an “in-line” rating to an “outperform” rating and set a $50.00 price objective for the company in a research note on Monday, March 18th. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $46.00 price target (down previously from $52.00) on shares of Ventas in a research report on Monday, February 26th. StockNews.com cut Ventas from a “hold” rating to a “sell” rating in a research report on Tuesday, February 13th. Mizuho upped their price target on Ventas from $53.00 to $56.00 and gave the company a “buy” rating in a research report on Wednesday, January 3rd. Finally, Bank of America raised Ventas from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $48.00 to $53.00 in a report on Tuesday, January 16th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $51.54.

Ventas Company 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.