US Bancorp DE increased its holdings in shares of Ventas, Inc. (NYSE:VTR) by 4.2% during the fourth quarter, Holdings Channel reports. The fund owned 55,652 shares of the real estate investment trust’s stock after buying an additional 2,231 shares during the period. US Bancorp DE’s holdings in Ventas were worth $3,341,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. Amica Retiree Medical Trust acquired a new position in Ventas during the third quarter worth about $131,000. CENTRAL TRUST Co boosted its position in Ventas by 85.7% during the fourth quarter. CENTRAL TRUST Co now owns 2,357 shares of the real estate investment trust’s stock worth $141,000 after acquiring an additional 1,088 shares during the last quarter. Cable Hill Partners LLC purchased a new position in Ventas during the third quarter worth about $174,000. Carnick & Kubik Group LLC purchased a new position in Ventas during the third quarter worth about $204,000. Finally, Vident Investment Advisory LLC purchased a new position in Ventas during the third quarter worth about $206,000. Hedge funds and other institutional investors own 90.05% of the company’s stock.
VTR has been the topic of a number of analyst reports. Stifel Nicolaus set a $56.00 target price on shares of Ventas and gave the stock a “hold” rating in a research note on Friday, February 9th. BMO Capital Markets set a $55.00 target price on shares of Ventas and gave the stock a “sell” rating in a research note on Friday, February 9th. ValuEngine raised shares of Ventas from a “hold” rating to a “buy” rating in a research note on Friday, January 5th. Capital One Financial raised shares of Ventas from an “equal weight” rating to an “overweight” rating in a research note on Monday, October 30th. Finally, KeyCorp set a $50.00 target price on shares of Ventas and gave the stock a “sell” rating in a research note on Thursday, January 11th. Eight equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and two have issued a buy rating to the stock. Ventas has an average rating of “Hold” and an average price target of $58.31.
Ventas (NYSE:VTR) last released its quarterly earnings results on Friday, February 9th. The real estate investment trust reported $1.03 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.03. The business had revenue of $895.30 million for the quarter, compared to the consensus estimate of $895.92 million. Ventas had a net margin of 37.95% and a return on equity of 5.99%. The business’s revenue was up 2.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.58 EPS. sell-side analysts anticipate that Ventas, Inc. will post 4.06 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, April 12th. Stockholders of record on Monday, April 2nd will be paid a $0.79 dividend. This represents a $3.16 dividend on an annualized basis and a dividend yield of 6.23%. The ex-dividend date is Thursday, March 29th. Ventas’s dividend payout ratio (DPR) is 83.82%.
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Ventas, Inc is a real estate investment trust (REIT) with its properties located throughout the United States, Canada and the United Kingdom. The Company operates through three segments: triple-net leased properties, senior living operations and office operations. Under its triple-net leased properties segment, the Company invests in and owns seniors housing and healthcare properties throughout the United States and the United Kingdom and leases those properties to healthcare operating companies under triple-net or absolute-net leases that obligate the tenants to pay all property-related expenses.
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