Legg Mason Asset Management Japan Co. Ltd. reduced its holdings in Ventas, Inc. (NYSE:VTR) by 28.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,900 shares of the real estate investment trust’s stock after selling 4,000 shares during the period. Legg Mason Asset Management Japan Co. Ltd.’s holdings in Ventas were worth $581,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Atlas Capital Advisors LLC purchased a new position in shares of Ventas in the fourth quarter worth about $56,000. Global Financial Private Capital LLC lifted its stake in shares of Ventas by 5.2% in the fourth quarter. Global Financial Private Capital LLC now owns 162,171 shares of the real estate investment trust’s stock worth $9,508,000 after buying an additional 8,028 shares in the last quarter. Jefferies Group LLC purchased a new position in shares of Ventas in the third quarter worth about $2,142,000. Nordea Investment Management AB purchased a new position in shares of Ventas in the third quarter worth about $1,077,000. Finally, Valeo Financial Advisors LLC raised its stake in Ventas by 26.2% during the fourth quarter. Valeo Financial Advisors LLC now owns 5,802 shares of the real estate investment trust’s stock worth $340,000 after purchasing an additional 1,203 shares during the period. 87.84% of the stock is currently owned by hedge funds and other institutional investors.

In other Ventas news, CFO Robert F. Probst sold 10,000 shares of Ventas stock in a transaction dated Friday, February 15th. The shares were sold at an average price of $65.01, for a total transaction of $650,100.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Chairman Debra A. Cafaro sold 68,084 shares of Ventas stock in a transaction dated Wednesday, February 13th. The shares were sold at an average price of $64.09, for a total transaction of $4,363,503.56. Following the sale, the chairman now owns 805,835 shares of the company’s stock, valued at $51,645,965.15. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 88,084 shares of company stock valued at $5,646,704. Company insiders own 1.40% of the company’s stock.

A number of brokerages have commented on VTR. BMO Capital Markets lifted their target price on shares of Ventas from $62.00 to $64.00 and gave the stock a “market perform” rating in a research note on Monday, March 4th. Zacks Investment Research downgraded shares of Ventas from a “hold” rating to a “sell” rating in a research note on Monday, December 31st. KeyCorp set a $55.00 target price on shares of Ventas and gave the stock a “sell” rating in a research note on Thursday, December 20th. Finally, Scotiabank began coverage on shares of Ventas in a research note on Monday, December 10th. They set a “sector perform” rating and a $66.00 target price on the stock. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $59.00.

Shares of VTR stock opened at $62.59 on Friday. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 1.04. Ventas, Inc. has a 12 month low of $46.55 and a 12 month high of $65.70. The stock has a market cap of $22.32 billion, a price-to-earnings ratio of 15.38, a PEG ratio of 5.34 and a beta of 0.32.

Ventas (NYSE:VTR) last issued its earnings results on Friday, February 8th. The real estate investment trust reported $0.96 EPS for the quarter, topping analysts’ consensus estimates of $0.95 by $0.01. Ventas had a net margin of 10.93% and a return on equity of 3.54%. The company had revenue of $923.26 million for the quarter, compared to the consensus estimate of $913.92 million. During the same period in the previous year, the firm earned $1.03 earnings per share. Ventas’s quarterly revenue was up 3.1% compared to the same quarter last year. On average, research analysts anticipate that Ventas, Inc. will post 3.82 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, April 12th. Shareholders of record on Monday, April 1st will be given a dividend of $0.7925 per share. This represents a $3.17 dividend on an annualized basis and a dividend yield of 5.06%. The ex-dividend date of this dividend is Friday, March 29th. Ventas’s dividend payout ratio is presently 77.89%.

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About Ventas

Ventas, Inc, an S&P 500 company, is a leading real estate investment trust. Its diverse portfolio of approximately 1,200 assets in the United States, Canada and the United Kingdom consists of seniors housing communities, medical office buildings, university-based research and innovation centers, inpatient rehabilitation and long-term acute care facilities, health systems and skilled nursing facilities.

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Institutional Ownership by Quarter for Ventas (NYSE:VTR)

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