Cbre Investment Management Listed Real Assets LLC Buys 3,902 Shares of Ventas, Inc. (NYSE:VTR)

Cbre Investment Management Listed Real Assets LLC lifted its holdings in shares of Ventas, Inc. (NYSE:VTR) by 1.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 299,907 shares of the real estate investment trust’s stock after acquiring an additional 3,902 shares during the period. Cbre Investment Management Listed Real Assets LLC owned approximately 0.07% of Ventas worth $17,662,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. ST Germain D J Co. Inc. purchased a new stake in shares of Ventas during the 4th quarter valued at approximately $27,000. Harbor Capital Advisors Inc. boosted its stake in shares of Ventas by 66.2% in the 4th quarter. Harbor Capital Advisors Inc. now owns 527 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 210 shares in the last quarter. New Wave Wealth Advisors LLC purchased a new stake in Ventas during the 4th quarter valued at $41,000. SRS Capital Advisors Inc. lifted its position in shares of Ventas by 1,039.4% in the 4th quarter. SRS Capital Advisors Inc. now owns 809 shares of the real estate investment trust’s stock worth $48,000 after purchasing an additional 738 shares during the period. Finally, Morse Asset Management Inc purchased a new stake in shares of Ventas in the 3rd quarter worth about $64,000. 94.18% of the stock is currently owned by hedge funds and other institutional investors.

Ventas Stock Performance

Shares of NYSE:VTR opened at $69.95 on Wednesday. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.85 and a quick ratio of 0.85. The business’s 50 day moving average price is $61.58 and its 200-day moving average price is $62.46. The firm has a market capitalization of $30.58 billion, a PE ratio of 368.15, a P/E/G ratio of 2.59 and a beta of 1.37. Ventas, Inc. has a 1 year low of $41.45 and a 1 year high of $71.08.

Ventas (NYSE:VTR) last released its quarterly earnings data on Wednesday, February 12th. The real estate investment trust reported $0.81 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.83. Ventas had a return on equity of 0.82% and a net margin of 1.65%. As a group, equities research analysts expect that Ventas, Inc. will post 3.4 earnings per share for the current fiscal year.

Ventas Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Monday, March 31st will be issued a dividend of $0.48 per share. This is an increase from Ventas’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.92 annualized dividend and a yield of 2.75%. Ventas’s dividend payout ratio is 1,010.53%.

Insider Transactions at Ventas

In other Ventas news, CEO Debra A. Cafaro sold 214,679 shares of the stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $68.22, for a total transaction of $14,645,401.38. Following the completion of the sale, the chief executive officer now directly owns 1,138,143 shares of the company’s stock, valued at approximately $77,644,115.46. This trade represents a 15.87 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Gregory R. Liebbe sold 3,866 shares of the stock in a transaction that occurred on Thursday, February 13th. The stock was sold at an average price of $63.00, for a total value of $243,558.00. Following the transaction, the chief accounting officer now directly owns 11,371 shares of the company’s stock, valued at approximately $716,373. This trade represents a 25.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 260,227 shares of company stock valued at $17,769,097. 1.00% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. StockNews.com upgraded shares of Ventas from a “sell” rating to a “hold” rating in a research note on Friday, January 17th. Robert W. Baird upgraded shares of Ventas from a “neutral” rating to an “outperform” rating and reduced their price objective for the company from $66.00 to $65.00 in a research note on Friday, January 17th. Mizuho reduced their price objective on shares of Ventas from $71.00 to $68.00 and set an “outperform” rating for the company in a research note on Thursday, December 5th. Wedbush raised their price objective on shares of Ventas from $69.00 to $78.00 and gave the company an “outperform” rating in a research note on Friday, February 14th. Finally, Baird R W upgraded shares of Ventas from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 17th. Two analysts have rated the stock with a hold rating, six have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Ventas has an average rating of “Buy” and a consensus price target of $71.14.

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.