Picton Mahoney Asset Management Grows Stock Position in Ventas, Inc. (NYSE:VTR)

Picton Mahoney Asset Management raised its holdings in Ventas, Inc. (NYSE:VTR) by 10.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 170,690 shares of the real estate investment trust’s stock after buying an additional 15,641 shares during the quarter. Picton Mahoney Asset Management’s holdings in Ventas were worth $8,507,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of VTR. Bruce G. Allen Investments LLC purchased a new stake in Ventas during the fourth quarter valued at about $25,000. Jones Financial Companies Lllp grew its holdings in shares of Ventas by 151.1% during the 3rd quarter. Jones Financial Companies Lllp now owns 796 shares of the real estate investment trust’s stock worth $34,000 after purchasing an additional 479 shares during the period. Gradient Investments LLC increased its position in Ventas by 82.7% during the 4th quarter. Gradient Investments LLC now owns 718 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 325 shares in the last quarter. EdgeRock Capital LLC purchased a new stake in Ventas during the fourth quarter worth approximately $37,000. Finally, Pacific Capital Wealth Advisors Inc. acquired a new stake in shares of Ventas in the fourth quarter worth $38,000. Institutional investors and hedge funds own 94.18% of the company’s stock.

Ventas Stock Performance

VTR stock traded up $0.31 during trading on Wednesday, hitting $47.44. 2,622,964 shares of the company’s stock traded hands, compared to its average volume of 2,392,118. The stock has a market capitalization of $19.20 billion, a price-to-earnings ratio of -249.68, a price-to-earnings-growth ratio of 2.52 and a beta of 1.25. Ventas, Inc. has a 52 week low of $39.33 and a 52 week high of $50.99. The stock has a fifty day moving average price of $43.53 and a two-hundred day moving average price of $45.25. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 1.43.

Ventas Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 18th. Investors of record on Monday, April 1st were paid a dividend of $0.45 per share. The ex-dividend date of this dividend was Thursday, March 28th. This represents a $1.80 annualized dividend and a yield of 3.79%. Ventas’s dividend payout ratio (DPR) is -947.37%.

Insiders Place Their Bets

In other news, CFO Robert F. Probst sold 18,500 shares of the company’s stock in a transaction that occurred on Tuesday, May 7th. The stock was sold at an average price of $47.11, for a total transaction of $871,535.00. Following the completion of the transaction, the chief financial officer now directly owns 176,403 shares of the company’s stock, valued at $8,310,345.33. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.00% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts recently weighed in on VTR shares. Bank of America upgraded shares of Ventas from a “neutral” rating to a “buy” rating and lifted their target price for the company from $48.00 to $53.00 in a report on Tuesday, January 16th. Wells Fargo & Company reiterated an “equal weight” rating and issued a $46.00 target price (down previously from $52.00) on shares of Ventas in a research note on Monday, February 26th. Evercore ISI raised shares of Ventas from an “in-line” rating to an “outperform” rating and set a $50.00 price target on the stock in a research note on Monday, March 18th. Deutsche Bank Aktiengesellschaft started coverage on Ventas in a research report on Tuesday, January 30th. They issued a “buy” rating and a $60.00 target price on the stock. Finally, StockNews.com downgraded shares of Ventas from a “hold” rating to a “sell” rating in a research report on Tuesday, February 13th. One analyst has rated the stock with a sell rating, three have issued a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $51.25.

Ventas 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.