6,108 Shares of Ventas, Inc. $VTR Purchased by MBL Wealth LLC

MBL Wealth LLC purchased a new stake in shares of Ventas, Inc. (NYSE:VTR) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 6,108 shares of the real estate investment trust’s stock, valued at approximately $519,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VTR. Old North State Wealth Management LLC raised its stake in shares of Ventas by 1.3% in the third quarter. Old North State Wealth Management LLC now owns 43,422 shares of the real estate investment trust’s stock valued at $3,695,000 after acquiring an additional 547 shares during the last quarter. Root Financial Partners LLC acquired a new position in shares of Ventas in the 3rd quarter worth approximately $130,000. Sowell Financial Services LLC grew its position in Ventas by 14.5% during the 3rd quarter. Sowell Financial Services LLC now owns 3,622 shares of the real estate investment trust’s stock worth $308,000 after acquiring an additional 459 shares during the last quarter. Tred Avon Family Wealth LLC grew its position in Ventas by 25.1% during the 3rd quarter. Tred Avon Family Wealth LLC now owns 9,889 shares of the real estate investment trust’s stock worth $841,000 after acquiring an additional 1,986 shares during the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its position in Ventas by 10.7% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 203,964 shares of the real estate investment trust’s stock worth $17,341,000 after acquiring an additional 19,741 shares during the last quarter. 94.18% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

VTR has been the subject of a number of recent analyst reports. Scotiabank raised their price target on Ventas from $93.00 to $95.00 and gave the company a “sector perform” rating in a report on Wednesday, September 2nd. Royal Bank Of Canada boosted their price objective on Ventas from $98.00 to $99.00 and gave the stock an “outperform” rating in a research note on Friday, August 14th. The Goldman Sachs Group increased their target price on Ventas from $110.00 to $114.00 and gave the stock a “buy” rating in a report on Friday, July 24th. Argus increased their target price on Ventas from $92.00 to $98.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Ventas in a research note on Monday, October 19th. Eighteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $98.91.

Ventas Trading Down 0.2%

Shares of NYSE VTR opened at $86.86 on Friday. Ventas, Inc. has a 1-year low of $68.15 and a 1-year high of $101.60. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 0.86. The company has a 50-day moving average of $87.89 and a two-hundred day moving average of $88.06. The company has a market cap of $44.55 billion, a PE ratio of 160.85, a P/E/G ratio of 3.39 and a beta of 0.72.

Ventas (NYSE:VTR) last issued its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $0.97 earnings per share for the quarter, beating analysts’ consensus estimates of $0.96 by $0.01. Ventas had a net margin of 4.08% and a return on equity of 1.99%. The business had revenue of $1.73 billion during the quarter, compared to analyst estimates of $1.68 billion. During the same quarter last year, the business posted $0.87 earnings per share. Ventas’s revenue for the quarter was up 21.7% compared to the same quarter last year. As a group, equities analysts expect that Ventas, Inc. will post 3.89 earnings per share for the current fiscal year.

Ventas Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were given a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date was Wednesday, September 30th. Ventas’s dividend payout ratio (DPR) is presently 385.19%.

Ventas Company Profile

Ventas, Inc (NYSE: VTR) is a real estate investment trust focused on healthcare and senior housing properties. The company owns, manages and develops a diversified portfolio of healthcare-related real estate, including senior living communities, medical office buildings, life science and innovation centers, and other properties serving healthcare providers and institutions.

Ventas generally leases its properties to healthcare operators, physicians, health systems, universities and research organizations.