PFG Investments LLC Lowers Position in Ventas, Inc. (NYSE:VTR)

PFG Investments LLC decreased its stake in shares of Ventas, Inc. (NYSE:VTR) by 13.7% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 11,202 shares of the real estate investment trust’s stock after selling 1,779 shares during the period. PFG Investments LLC’s holdings in Ventas were worth $488,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of VTR. International Assets Investment Management LLC raised its position in shares of Ventas by 4,831.0% in the 4th quarter. International Assets Investment Management LLC now owns 231,856 shares of the real estate investment trust’s stock worth $11,556,000 after buying an additional 227,154 shares during the period. California Public Employees Retirement System raised its holdings in shares of Ventas by 1.2% in the 3rd quarter. California Public Employees Retirement System now owns 776,160 shares of the real estate investment trust’s stock worth $32,700,000 after purchasing an additional 9,194 shares during the period. Mutual of America Capital Management LLC lifted its stake in shares of Ventas by 10.4% in the 4th quarter. Mutual of America Capital Management LLC now owns 86,912 shares of the real estate investment trust’s stock valued at $4,332,000 after purchasing an additional 8,199 shares in the last quarter. SG Americas Securities LLC grew its holdings in shares of Ventas by 114.9% during the 4th quarter. SG Americas Securities LLC now owns 47,578 shares of the real estate investment trust’s stock worth $2,371,000 after purchasing an additional 25,442 shares during the period. Finally, OLD National Bancorp IN acquired a new stake in Ventas during the 4th quarter worth approximately $6,046,000. Hedge funds and other institutional investors own 94.18% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. StockNews.com downgraded shares of Ventas from a “hold” rating to a “sell” rating in a research note on Tuesday, February 13th. Evercore ISI raised shares of Ventas from an “in-line” rating to an “outperform” rating and set a $50.00 price target for the company in a research report on Monday, March 18th. Bank of America raised Ventas from a “neutral” rating to a “buy” rating and raised their price objective for the company from $48.00 to $53.00 in a research report on Tuesday, January 16th. Mizuho upped their target price on Ventas from $53.00 to $56.00 and gave the stock a “buy” rating in a research report on Wednesday, January 3rd. Finally, Deutsche Bank Aktiengesellschaft began coverage on Ventas in a report on Tuesday, January 30th. They set a “buy” rating and a $60.00 target price on the stock. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat, Ventas has a consensus rating of “Moderate Buy” and an average target price of $51.25.

Ventas Stock Up 1.5 %

Shares of Ventas stock traded up $0.67 on Monday, hitting $44.68. 1,919,581 shares of the company’s stock traded hands, compared to its average volume of 2,359,071. Ventas, Inc. has a 52-week low of $39.33 and a 52-week high of $50.99. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 1.41. The stock has a market cap of $18.05 billion, a P/E ratio of -406.10, a PEG ratio of 2.45 and a beta of 1.26. The firm’s 50-day moving average is $43.25 and its 200 day moving average is $45.12.

Ventas Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 18th. Shareholders of record on Monday, April 1st were issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 4.03%. The ex-dividend date was Thursday, March 28th. Ventas’s dividend payout ratio is currently -1,636.21%.

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.