Aberdeen Asset Management PLC UK reduced its position in shares of Ventas Inc. (NYSE:VTR) by 12.8% during the second quarter, Holdings Channel reports. The institutional investor owned 233,592 shares of the real estate investment trust’s stock after selling 34,296 shares during the period. Aberdeen Asset Management PLC UK’s holdings in Ventas were worth $17,010,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently made changes to their positions in VTR. Capital Advisors Ltd. LLC boosted its position in shares of Ventas by 48.0% in the second quarter. Capital Advisors Ltd. LLC now owns 1,542 shares of the real estate investment trust’s stock worth $112,000 after buying an additional 500 shares in the last quarter. Acadian Asset Management LLC boosted its position in shares of Ventas by 33.6% in the second quarter. Acadian Asset Management LLC now owns 1,884 shares of the real estate investment trust’s stock worth $137,000 after buying an additional 474 shares in the last quarter. Washington Trust Bank boosted its position in shares of Ventas by 12.7% in the second quarter. Washington Trust Bank now owns 2,048 shares of the real estate investment trust’s stock worth $149,000 after buying an additional 230 shares in the last quarter. Financial Architects Inc. boosted its position in shares of Ventas by 120.6% in the second quarter. Financial Architects Inc. now owns 2,713 shares of the real estate investment trust’s stock worth $198,000 after buying an additional 1,483 shares in the last quarter. Finally, 1st Global Advisors Inc. purchased a new position in shares of Ventas during the second quarter worth $206,000. Institutional investors and hedge funds own 89.37% of the company’s stock.
Ventas Inc. (NYSE:VTR) traded down 0.09% during trading on Tuesday, hitting $68.80. The stock had a trading volume of 1,145,196 shares. The company has a market cap of $24.17 billion, a P/E ratio of 52.96 and a beta of 0.31. The company has a 50 day moving average of $69.21 and a 200-day moving average of $69.31. Ventas Inc. has a 12-month low of $46.87 and a 12-month high of $76.80.
Ventas (NYSE:VTR) last announced its quarterly earnings data on Friday, July 29th. The real estate investment trust reported $1.04 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.04. The business earned $848.50 million during the quarter, compared to analyst estimates of $845.40 million. Ventas had a return on equity of 4.81% and a net margin of 13.05%. The company’s revenue was up 4.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.18 earnings per share. On average, equities analysts predict that Ventas Inc. will post $4.13 EPS for the current year.
The business also recently announced a quarterly dividend, which was paid on Friday, September 30th. Stockholders of record on Thursday, September 15th were given a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a dividend yield of 4.24%. The ex-dividend date of this dividend was Tuesday, September 13th. Ventas’s dividend payout ratio (DPR) is presently 224.62%.
A number of research analysts have recently weighed in on VTR shares. Zacks Investment Research upgraded Ventas from a “hold” rating to a “buy” rating and set an $83.00 price target for the company in a research report on Tuesday, July 26th. Mizuho lifted their price objective on Ventas from $71.00 to $82.00 and gave the stock a “buy” rating in a research report on Wednesday, July 6th. Jefferies Group upgraded Ventas from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $65.00 to $75.00 in a research report on Thursday, October 20th. Barclays PLC reiterated a “hold” rating and set a $64.00 price objective on shares of Ventas in a research report on Thursday, July 7th. Finally, Argus began coverage on Ventas in a research report on Wednesday, July 13th. They set a “hold” rating for the company. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and five have assigned a buy rating to the stock. Ventas has a consensus rating of “Hold” and a consensus price target of $68.70.
