Tandem Capital Management Corp ADV Has $726,000 Holdings in Ventas, Inc. (NYSE:VTR)

Tandem Capital Management Corp ADV lowered its stake in Ventas, Inc. (NYSE:VTR) by 4.6% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 12,320 shares of the real estate investment trust’s stock after selling 600 shares during the quarter. Tandem Capital Management Corp ADV’s holdings in Ventas were worth $726,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. ST Germain D J Co. Inc. acquired a new stake in shares of Ventas in the fourth quarter worth about $27,000. Harbor Capital Advisors Inc. lifted its position in shares of Ventas by 66.2% in the fourth quarter. Harbor Capital Advisors Inc. now owns 527 shares of the real estate investment trust’s stock worth $31,000 after buying an additional 210 shares during the last quarter. New Wave Wealth Advisors LLC acquired a new stake in shares of Ventas in the fourth quarter worth about $41,000. Global X Japan Co. Ltd. acquired a new stake in shares of Ventas in the third quarter worth about $48,000. Finally, Morse Asset Management Inc acquired a new position in shares of Ventas during the 3rd quarter worth about $64,000. Institutional investors and hedge funds own 94.18% of the company’s stock.

Ventas Trading Up 1.5 %

Ventas stock opened at $61.30 on Tuesday. The business has a 50 day moving average price of $59.94 and a two-hundred day moving average price of $61.06. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.39. 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. Shareholders of record on Tuesday, December 31st were issued a $0.45 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.80 annualized dividend and a yield of 2.94%. Ventas’s dividend payout ratio (DPR) is -1,058.76%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Robert W. Baird raised Ventas from a “neutral” rating to an “outperform” rating and cut their price objective for the stock from $66.00 to $65.00 in a research report on Friday, January 17th. StockNews.com raised Ventas from a “sell” rating to a “hold” rating in a research report on Friday, January 17th. Wedbush reissued an “outperform” rating and set a $75.00 price objective on shares of Ventas in a research report on Thursday, December 19th. Baird R W raised Ventas from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 17th. Finally, Scotiabank boosted their price objective on Ventas from $68.00 to $69.00 and gave the stock a “sector perform” rating in a research report on Monday, January 27th. 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 stock. According to MarketBeat, Ventas currently has an average rating of “Buy” and a consensus price target of $68.71.

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.