Ventas, Inc. (VTR) Position Boosted by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. boosted its position in Ventas, Inc. (NYSE:VTR) by 11.2% during the first quarter, Holdings Channel reports. The firm owned 21,477 shares of the real estate investment trust’s stock after buying an additional 2,168 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Ventas were worth $1,397,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of VTR. Decatur Capital Management Inc. increased its position in Ventas by 2.8% in the third quarter. Decatur Capital Management Inc. now owns 193,325 shares of the real estate investment trust’s stock valued at $13,655,000 after buying an additional 5,325 shares during the period. NewSquare Capital LLC increased its position in Ventas by 3.8% in the third quarter. NewSquare Capital LLC now owns 9,586 shares of the real estate investment trust’s stock valued at $677,000 after buying an additional 350 shares during the period. KBC Group NV increased its position in Ventas by 301.2% in the third quarter. KBC Group NV now owns 719,836 shares of the real estate investment trust’s stock valued at $50,844,000 after buying an additional 540,435 shares during the period. Daiwa Securities Group Inc. increased its position in Ventas by 193.9% in the third quarter. Daiwa Securities Group Inc. now owns 3,921,566 shares of the real estate investment trust’s stock valued at $276,980,000 after buying an additional 2,587,039 shares during the period. Finally, Coconut Grove Bank increased its position in Ventas by 3.3% in the third quarter. Coconut Grove Bank now owns 9,829 shares of the real estate investment trust’s stock valued at $694,000 after buying an additional 310 shares during the period. Institutional investors and hedge funds own 91.98% of the company’s stock.

Institutional Ownership by Quarter for Ventas (NYSE:VTR)

Ventas, Inc. (NYSE:VTR) traded down 0.98% during mid-day trading on Friday, reaching $66.58. 1,573,067 shares of the company’s stock were exchanged. Ventas, Inc. has a 1-year low of $56.20 and a 1-year high of $76.80. The firm’s 50-day moving average is $65.23 and its 200 day moving average is $62.72. The stock has a market capitalization of $23.63 billion, a PE ratio of 33.83 and a beta of 0.08.

Ventas (NYSE:VTR) last announced its earnings results on Friday, April 28th. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.02 by $0.58. The business had revenue of $883.44 million for the quarter, compared to analyst estimates of $873.56 million. Ventas had a return on equity of 6.42% and a net margin of 18.85%. The business’s revenue was up 3.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.04 EPS. Analysts forecast that Ventas, Inc. will post $1.81 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 30th. Shareholders of record on Tuesday, June 6th will be given a dividend of $0.775 per share. This represents a $3.10 dividend on an annualized basis and a yield of 4.66%. The ex-dividend date of this dividend is Friday, June 2nd. Ventas’s payout ratio is currently 166.67%.

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VTR has been the subject of several research analyst reports. Zacks Investment Research downgraded shares of Ventas from a “hold” rating to a “sell” rating in a research report on Monday, March 27th. BMO Capital Markets restated a “sell” rating and set a $55.00 price target on shares of Ventas in a research report on Monday, March 13th. Goldman Sachs Group Inc downgraded shares of Ventas from a “neutral” rating to a “sell” rating and set a $56.00 price target for the company. in a research report on Wednesday, March 15th. SunTrust Banks, Inc. initiated coverage on shares of Ventas in a research report on Tuesday, March 21st. They set a “hold” rating and a $64.00 price target for the company. Finally, Jefferies Group LLC upped their price target on shares of Ventas from $61.00 to $64.00 and gave the stock a “hold” rating in a research report on Monday, May 1st. Four investment analysts have rated the stock with a sell rating and nine have assigned a hold rating to the company. Ventas has a consensus rating of “Hold” and an average target price of $65.25.

Ventas Company Profile

Ventas, Inc is a real estate investment trust (REIT) with its properties located throughout the United States, Canada and the United Kingdom. The Company operates through three segments: triple-net leased properties, senior living operations and office operations. Under its triple-net leased properties segment, the Company invests in and owns seniors housing and healthcare properties throughout the United States and the United Kingdom and leases those properties to healthcare operating companies under triple-net or absolute-net leases that obligate the tenants to pay all property-related expenses.

12 Month Chart for NYSE:VTR

Want to see what other hedge funds are holding VTR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ventas, Inc. (NYSE:VTR).

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