Cambridge Investment Research Advisors Inc. Acquires 2,126 Shares of Ventas, Inc. (VTR)

Cambridge Investment Research Advisors Inc. grew its holdings in shares of Ventas, Inc. (NYSE:VTR) by 1.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 148,077 shares of the real estate investment trust’s stock after purchasing an additional 2,126 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in Ventas were worth $8,676,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Capital International Investors raised its holdings in Ventas by 2.3% in the 3rd quarter. Capital International Investors now owns 7,684,781 shares of the real estate investment trust’s stock worth $417,898,000 after acquiring an additional 169,345 shares during the period. JPMorgan Chase & Co. raised its holdings in Ventas by 22.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,214,027 shares of the real estate investment trust’s stock worth $392,299,000 after acquiring an additional 1,331,028 shares during the period. Federated Investors Inc. PA raised its holdings in Ventas by 8.3% in the 3rd quarter. Federated Investors Inc. PA now owns 7,017,756 shares of the real estate investment trust’s stock worth $381,626,000 after acquiring an additional 539,088 shares during the period. Bank of New York Mellon Corp raised its holdings in Ventas by 23.0% in the 3rd quarter. Bank of New York Mellon Corp now owns 6,848,304 shares of the real estate investment trust’s stock worth $372,410,000 after acquiring an additional 1,282,487 shares during the period. Finally, Deutsche Bank AG raised its holdings in Ventas by 121.5% in the 3rd quarter. Deutsche Bank AG now owns 3,978,812 shares of the real estate investment trust’s stock worth $216,363,000 after acquiring an additional 2,182,831 shares during the period. Institutional investors and hedge funds own 86.02% of the company’s stock.

NYSE:VTR opened at $63.44 on Wednesday. Ventas, Inc. has a 52-week low of $46.55 and a 52-week high of $65.70. The company has a current ratio of 0.53, a quick ratio of 0.56 and a debt-to-equity ratio of 1.04. The stock has a market cap of $22.91 billion, a PE ratio of 15.59, a P/E/G ratio of 5.03 and a beta of 0.33.

Ventas (NYSE:VTR) last posted its quarterly earnings data on Friday, February 8th. The real estate investment trust reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.95 by $0.01. Ventas had a net margin of 10.93% and a return on equity of 3.54%. The company had revenue of $923.26 million for the quarter, compared to the consensus estimate of $913.92 million. During the same quarter in the previous year, the firm posted $1.03 EPS. The business’s revenue was up 3.1% compared to the same quarter last year. On average, research analysts expect that Ventas, Inc. will post 3.84 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 12th. Stockholders of record on Monday, April 1st will be issued a dividend of $0.7925 per share. The ex-dividend date is Friday, March 29th. This represents a $3.17 annualized dividend and a dividend yield of 5.00%. Ventas’s payout ratio is 77.89%.

In other news, CFO Robert F. Probst sold 10,000 shares of Ventas stock in a transaction dated Tuesday, February 12th. The shares were sold at an average price of $63.31, for a total transaction of $633,100.00. Following the sale, the chief financial officer now directly owns 100,064 shares in the company, valued at approximately $6,335,051.84. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP T Richard Riney sold 15,676 shares of Ventas stock in a transaction dated Thursday, December 6th. The shares were sold at an average price of $65.00, for a total transaction of $1,018,940.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 40,964 shares of company stock worth $2,607,540. Insiders own 1.40% of the company’s stock.

Several research analysts recently commented on the stock. Zacks Investment Research downgraded shares of Ventas from a “hold” rating to a “sell” rating in a report on Monday, December 31st. Scotiabank assumed coverage on shares of Ventas in a report on Monday, December 10th. They issued a “sector perform” rating and a $66.00 target price on the stock. ValuEngine upgraded shares of Ventas from a “hold” rating to a “buy” rating in a report on Friday, November 16th. BMO Capital Markets lifted their target price on shares of Ventas from $60.00 to $62.00 and gave the stock a “market perform” rating in a report on Monday. Finally, KeyCorp set a $55.00 target price on shares of Ventas and gave the stock a “sell” rating in a report on Thursday, December 20th. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and two have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $57.92.

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Ventas Profile

Ventas, Inc, an S&P 500 company, is a leading real estate investment trust. Its diverse portfolio of approximately 1,200 assets in the United States, Canada and the United Kingdom consists of seniors housing communities, medical office buildings, life science and innovation centers, inpatient rehabilitation and long-term acute care facilities, health systems and skilled nursing facilities.

Featured Story: Why is the ex-dividend date different from the record date?

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Institutional Ownership by Quarter for Ventas (NYSE:VTR)

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