Spire Wealth Management Grows Holdings in Ventas, Inc. (NYSE:VTR)

Spire Wealth Management increased its position in shares of Ventas, Inc. (NYSE:VTR) by 22.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,546 shares of the real estate investment trust’s stock after purchasing an additional 474 shares during the quarter. Spire Wealth Management’s holdings in Ventas were worth $150,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Sanctuary Advisors LLC purchased a new position in Ventas in the second quarter valued at about $1,289,000. Park Avenue Securities LLC boosted its stake in Ventas by 5.4% in the third quarter. Park Avenue Securities LLC now owns 11,740 shares of the real estate investment trust’s stock valued at $753,000 after acquiring an additional 603 shares during the last quarter. Czech National Bank boosted its stake in Ventas by 9.1% in the third quarter. Czech National Bank now owns 84,163 shares of the real estate investment trust’s stock valued at $5,397,000 after acquiring an additional 7,030 shares during the last quarter. Mather Group LLC. boosted its stake in Ventas by 39.4% in the third quarter. Mather Group LLC. now owns 2,172 shares of the real estate investment trust’s stock valued at $139,000 after acquiring an additional 614 shares during the last quarter. Finally, Atomi Financial Group Inc. purchased a new position in Ventas in the third quarter valued at about $269,000. 94.18% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on VTR shares. StockNews.com upgraded shares of Ventas from a “sell” rating to a “hold” rating in a research note on Friday, January 17th. Baird R W upgraded shares of Ventas from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 17th. Wedbush restated an “outperform” rating and set a $75.00 price target on shares of Ventas in a research note on Thursday, December 19th. Robert W. Baird upgraded shares of Ventas from a “neutral” rating to an “outperform” rating and dropped their price target for the company from $66.00 to $65.00 in a research note on Friday, January 17th. Finally, Scotiabank upped their price target on shares of Ventas from $68.00 to $69.00 and gave the company a “sector perform” rating in a research note on Monday, January 27th. Two analysts have rated the stock with a hold rating, six have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $68.71.

Ventas Stock Performance

Ventas stock opened at $60.60 on Friday. The firm’s 50 day simple moving average is $59.67 and its 200 day simple moving average is $61.16. 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 firm has a market capitalization of $25.42 billion, a PE ratio of -356.47, a price-to-earnings-growth ratio of 2.61 and a beta of 1.37. Ventas, Inc. has a 1-year low of $41.45 and a 1-year high of $67.61.

Ventas Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, January 16th. Investors of record on Tuesday, December 31st were issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 2.97%. The ex-dividend date was Tuesday, December 31st. Ventas’s dividend payout ratio (DPR) is presently -1,058.76%.

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.