Corient Private Wealth LLC Sells 7,272 Shares of Ventas, Inc. (NYSE:VTR)

Corient Private Wealth LLC lowered its stake in shares of Ventas, Inc. (NYSE:VTR) by 4.8% in the fourth quarter, Holdings Channel reports. The institutional investor owned 143,761 shares of the real estate investment trust’s stock after selling 7,272 shares during the period. Corient Private Wealth LLC’s holdings in Ventas were worth $8,466,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Ventas by 862.7% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,932,017 shares of the real estate investment trust’s stock valued at $252,160,000 after acquiring an additional 3,523,594 shares in the last quarter. Massachusetts Financial Services Co. MA increased its position in shares of Ventas by 105.2% during the third quarter. Massachusetts Financial Services Co. MA now owns 5,420,322 shares of the real estate investment trust’s stock valued at $347,605,000 after purchasing an additional 2,778,408 shares during the period. FMR LLC raised its stake in shares of Ventas by 4.4% in the third quarter. FMR LLC now owns 23,364,810 shares of the real estate investment trust’s stock valued at $1,498,385,000 after purchasing an additional 982,795 shares in the last quarter. JPMorgan Chase & Co. lifted its position in Ventas by 2.2% in the third quarter. JPMorgan Chase & Co. now owns 27,557,480 shares of the real estate investment trust’s stock worth $1,767,261,000 after purchasing an additional 599,600 shares during the period. Finally, State Street Corp boosted its stake in Ventas by 2.2% during the third quarter. State Street Corp now owns 26,671,227 shares of the real estate investment trust’s stock worth $1,710,426,000 after buying an additional 581,870 shares in the last quarter. Institutional investors own 94.18% of the company’s stock.

Ventas Price Performance

Ventas stock opened at $67.67 on Friday. The business’s fifty day moving average is $63.81 and its two-hundred day moving average is $63.07. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.85 and a current ratio of 0.85. The firm has a market cap of $29.58 billion, a P/E ratio of 356.15, a P/E/G ratio of 2.59 and a beta of 1.37. Ventas, Inc. has a 52 week low of $41.45 and a 52 week high of $71.04.

Ventas (NYSE:VTR) last issued its quarterly earnings results on Wednesday, February 12th. The real estate investment trust reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.02) by $0.83. Ventas had a net margin of 1.65% and a return on equity of 0.82%. Equities research analysts forecast that Ventas, Inc. will post 3.4 earnings per share for the current fiscal year.

Ventas Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Monday, March 31st will be issued a $0.48 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.84%. This is a positive change from Ventas’s previous quarterly dividend of $0.45. Ventas’s dividend payout ratio (DPR) is currently 1,010.53%.

Analyst Upgrades and Downgrades

VTR has been the subject of a number of analyst reports. Morgan Stanley raised their price objective on shares of Ventas from $65.00 to $70.00 and gave the stock an “equal weight” rating in a report on Tuesday, March 11th. Robert W. Baird upgraded shares of Ventas from a “neutral” rating to an “outperform” rating and cut their price target for the stock from $66.00 to $65.00 in a research note on Friday, January 17th. Wedbush upped their price objective on Ventas from $69.00 to $78.00 and gave the company an “outperform” rating in a research note on Friday, February 14th. Mizuho raised their target price on Ventas from $68.00 to $75.00 and gave the stock an “outperform” rating in a research report on Tuesday. Finally, StockNews.com raised Ventas from a “sell” rating to a “hold” rating in a research note on Friday, January 17th. Four equities research analysts have rated the stock with a hold rating, seven have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $72.90.

Insider Buying and Selling

In related news, CAO Gregory R. Liebbe sold 3,866 shares of Ventas stock in a transaction dated Thursday, February 13th. The stock was sold at an average price of $63.00, for a total value of $243,558.00. Following the completion of the sale, the chief accounting officer now directly owns 11,371 shares in the company, valued at $716,373. This trade represents a 25.37 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Debra A. Cafaro sold 214,679 shares of the company’s stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $68.22, for a total transaction of $14,645,401.38. Following the transaction, the chief executive officer now owns 1,138,143 shares in the company, valued at approximately $77,644,115.46. The trade was a 15.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 260,227 shares of company stock worth $17,769,097 in the last quarter. Insiders own 1.00% of the company’s stock.

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.