Busey Bank Increases Holdings in Ventas, Inc. (NYSE:VTR)

Busey Bank grew its holdings in shares of Ventas, Inc. (NYSE:VTRFree Report) by 4.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 99,208 shares of the real estate investment trust’s stock after purchasing an additional 4,668 shares during the period. Busey Bank’s holdings in Ventas were worth $5,842,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of VTR. ST Germain D J Co. Inc. purchased a new stake in shares of Ventas in the 4th quarter valued at about $27,000. Harbor Capital Advisors Inc. lifted its holdings 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 during the last quarter. Global X Japan Co. Ltd. purchased a new stake in shares of Ventas in the 3rd quarter valued at about $48,000. Morse Asset Management Inc purchased a new stake in shares of Ventas in the 3rd quarter valued at about $64,000. Finally, Harel Insurance Investments & Financial Services Ltd. purchased a new stake in shares of Ventas in the 4th quarter valued at about $67,000. 94.18% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

VTR has been the subject of several research reports. Baird R W raised Ventas from a “hold” rating to a “strong-buy” rating in a report on Friday, January 17th. Wedbush reaffirmed an “outperform” rating and set a $75.00 price objective on shares of Ventas in a research note on Thursday, December 19th. Mizuho reduced their price objective on Ventas from $71.00 to $68.00 and set an “outperform” rating for the company in a research note on Thursday, December 5th. Robert W. Baird raised 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. Finally, StockNews.com raised Ventas from a “sell” rating to a “hold” rating in a research note on Friday, January 17th. Two investment analysts have rated the stock with a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $67.63.

Check Out Our Latest Report on Ventas

Ventas Stock Performance

NYSE VTR opened at $59.68 on Thursday. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.39. The business’s 50 day moving average is $60.18 and its two-hundred day moving average is $60.92. Ventas, Inc. has a 12-month low of $41.45 and a 12-month high of $67.61.

Ventas Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 16th. Investors of record on Tuesday, December 31st were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 3.02%. The ex-dividend date of this dividend was Tuesday, December 31st. Ventas’s dividend payout ratio is currently -1,058.76%.

About Ventas

(Free Report)

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.

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Institutional Ownership by Quarter for Ventas (NYSE:VTR)

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