SVB Wealth LLC Makes New Investment in Ventas, Inc. (NYSE:VTR)

SVB Wealth LLC purchased a new position in Ventas, Inc. (NYSE:VTR) during the 4th quarter, HoldingsChannel reports. The institutional investor purchased 5,207 shares of the real estate investment trust’s stock, valued at approximately $307,000.

Other large investors also recently modified their holdings of the company. JPMorgan Chase & Co. increased its position in shares of Ventas by 2.2% during the third quarter. JPMorgan Chase & Co. now owns 27,557,480 shares of the real estate investment trust’s stock valued at $1,767,261,000 after acquiring an additional 599,600 shares during the last quarter. State Street Corp increased its position in Ventas by 2.2% in the third quarter. State Street Corp now owns 26,671,227 shares of the real estate investment trust’s stock worth $1,710,426,000 after buying an additional 581,870 shares during the last quarter. FMR LLC grew its position in shares of Ventas by 4.4% in the third quarter. FMR LLC now owns 23,364,810 shares of the real estate investment trust’s stock valued at $1,498,385,000 after purchasing an additional 982,795 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Ventas by 2.4% in the third quarter. Geode Capital Management LLC now owns 10,411,293 shares of the real estate investment trust’s stock valued at $665,559,000 after purchasing an additional 245,922 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA grew its position in shares of Ventas by 105.2% in the third quarter. Massachusetts Financial Services Co. MA now owns 5,420,322 shares of the real estate investment trust’s stock valued at $347,605,000 after purchasing an additional 2,778,408 shares in the last quarter. Institutional investors own 94.18% of the company’s stock.

Analyst Ratings Changes

VTR has been the subject of several research analyst reports. StockNews.com raised Ventas from a “sell” rating to a “hold” rating in a research note on Friday, January 17th. Scotiabank lifted their price objective on Ventas from $69.00 to $72.00 and gave the stock a “sector perform” rating in a report on Friday, February 28th. Robert W. Baird raised Ventas from a “neutral” rating to an “outperform” rating and lowered their price target for the company from $66.00 to $65.00 in a research report on Friday, January 17th. Royal Bank of Canada upped their price target on Ventas from $70.00 to $74.00 and gave the company an “outperform” rating in a research report on Tuesday, February 25th. Finally, Mizuho decreased their target price on Ventas from $71.00 to $68.00 and set an “outperform” rating for the company in a research report on Thursday, December 5th. Two research analysts have rated the stock with a hold rating, six have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, Ventas presently has a consensus rating of “Buy” and a consensus target price of $71.14.

Insider Buying and Selling

In related news, CAO Gregory R. Liebbe sold 3,866 shares of Ventas stock in a transaction dated Thursday, February 13th. The stock was sold at an average price of $63.00, for a total value of $243,558.00. Following the completion of the transaction, the chief accounting officer now owns 11,371 shares in the company, valued at approximately $716,373. This trade represents a 25.37 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Debra A. Cafaro sold 388 shares of Ventas stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $71.00, for a total value of $27,548.00. Following the completion of the transaction, the chief executive officer now owns 1,128,143 shares of the company’s stock, valued at approximately $80,098,153. This represents a 0.03 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 260,227 shares of company stock worth $17,769,097. Corporate insiders own 1.00% of the company’s stock.

Ventas Trading Up 1.0 %

Shares of VTR stock opened at $70.50 on Thursday. Ventas, Inc. has a 12-month low of $41.45 and a 12-month high of $71.04. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.25. The stock’s 50-day moving average price is $61.81 and its 200-day moving average price is $62.51. The stock has a market capitalization of $30.82 billion, a price-to-earnings ratio of 371.07, a price-to-earnings-growth ratio of 2.59 and a beta of 1.37.

Ventas (NYSE:VTR) last issued its earnings results on Wednesday, February 12th. The real estate investment trust reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.02) by $0.83. Ventas had a return on equity of 0.82% and a net margin of 1.65%. Equities research analysts predict that Ventas, Inc. will post 3.4 EPS for the current fiscal year.

Ventas Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Monday, March 31st will be issued a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 2.72%. This is a boost from Ventas’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend is Monday, March 31st. Ventas’s payout ratio is 1,010.53%.

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.