Morningstar Investment Management LLC Has $221,000 Stock Position in Ventas, Inc. (NYSE:VTR)

Morningstar Investment Management LLC raised its holdings in Ventas, Inc. (NYSE:VTR) by 9.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 3,751 shares of the real estate investment trust’s stock after acquiring an additional 316 shares during the quarter. Morningstar Investment Management LLC’s holdings in Ventas were worth $221,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Tandem Capital Management Corp ADV increased its position in Ventas by 62.1% in the 3rd quarter. Tandem Capital Management Corp ADV now owns 27,730 shares of the real estate investment trust’s stock valued at $1,778,000 after acquiring an additional 10,620 shares during the period. Healthcare of Ontario Pension Plan Trust Fund increased its position in shares of Ventas by 7.9% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 332,300 shares of the real estate investment trust’s stock worth $21,310,000 after buying an additional 24,300 shares during the period. abrdn plc increased its position in shares of Ventas by 28.7% during the third quarter. abrdn plc now owns 961,359 shares of the real estate investment trust’s stock worth $61,878,000 after buying an additional 214,384 shares during the period. Northwest & Ethical Investments L.P. increased its position in shares of Ventas by 480.7% during the third quarter. Northwest & Ethical Investments L.P. now owns 26,214 shares of the real estate investment trust’s stock worth $1,681,000 after buying an additional 21,700 shares during the period. Finally, Presima Securities ULC increased its position in shares of Ventas by 38.0% during the fourth quarter. Presima Securities ULC now owns 439,942 shares of the real estate investment trust’s stock worth $25,908,000 after buying an additional 121,193 shares during the period. 94.18% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Ventas

In other Ventas news, CAO Gregory R. Liebbe sold 3,866 shares of the firm’s stock in a transaction on Thursday, February 13th. The shares were 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.00% of the company’s stock.

Analysts Set New Price Targets

VTR has been the subject of several recent analyst reports. Scotiabank increased their price objective on shares of Ventas from $68.00 to $69.00 and gave the stock a “sector perform” rating in a research report on Monday, January 27th. Wedbush increased their price objective on shares of Ventas from $69.00 to $78.00 and gave the stock an “outperform” rating in a research report on Friday, February 14th. StockNews.com upgraded shares of Ventas from a “sell” rating to a “hold” rating in a research report on Friday, January 17th. Baird R W upgraded shares of Ventas from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 17th. Finally, Mizuho decreased their price objective on shares of 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 given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $69.14.

Ventas Stock Up 0.1 %

Shares of NYSE VTR opened at $66.82 on Thursday. The firm has a market cap of $29.21 billion, a PE ratio of 351.69, a P/E/G ratio of 2.88 and a beta of 1.37. Ventas, Inc. has a 12-month low of $41.45 and a 12-month high of $67.61. The company’s fifty day simple moving average is $59.94 and its 200 day simple moving average is $61.79. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.25.

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, beating analysts’ consensus estimates of ($0.02) by $0.83. Ventas had a net margin of 1.65% and a return on equity of 0.82%. As a group, sell-side analysts forecast that Ventas, Inc. will post 3.4 earnings per share for the current fiscal year.

Ventas Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Monday, March 31st will be paid a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.87%. This is a positive change from Ventas’s previous quarterly dividend of $0.45. The ex-dividend date is Monday, March 31st. Ventas’s dividend payout ratio (DPR) is 947.42%.

About Ventas

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.