Raymond James & Associates lessened its stake in shares of Ventas, Inc. (NYSE:VTR) by 0.4% in the first quarter, HoldingsChannel reports. The firm owned 1,474,943 shares of the real estate investment trust’s stock after selling 6,102 shares during the quarter. Raymond James & Associates’ holdings in Ventas were worth $94,116,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of VTR. Cohen & Steers Inc. increased its position in Ventas by 543.7% during the 4th quarter. Cohen & Steers Inc. now owns 10,509,102 shares of the real estate investment trust’s stock worth $615,728,000 after purchasing an additional 8,876,600 shares in the last quarter. Norges Bank purchased a new stake in Ventas in the 4th quarter valued at about $197,608,000. Oregon Public Employees Retirement Fund grew its holdings in Ventas by 5,686.9% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 2,253,547 shares of the real estate investment trust’s stock valued at $38,000 after buying an additional 2,214,605 shares during the period. Daiwa Securities Group Inc. grew its holdings in Ventas by 2,095.3% in the 4th quarter. Daiwa Securities Group Inc. now owns 1,685,731 shares of the real estate investment trust’s stock valued at $98,767,000 after buying an additional 1,608,943 shares during the period. Finally, JPMorgan Chase & Co. grew its holdings in Ventas by 22.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,214,027 shares of the real estate investment trust’s stock valued at $392,299,000 after buying an additional 1,331,028 shares during the period. Hedge funds and other institutional investors own 87.90% of the company’s stock.

Several analysts have commented on VTR shares. ValuEngine cut Ventas from a “buy” rating to a “hold” rating in a report on Tuesday, April 16th. Raymond James upgraded Ventas from an “underperform” rating to a “market perform” rating in a report on Tuesday, April 30th. Morgan Stanley started coverage on Ventas in a report on Thursday, March 28th. They issued an “equal weight” rating and a $61.00 price target for the company. BMO Capital Markets lifted their price target on Ventas from $62.00 to $64.00 and gave the company a “market perform” rating in a report on Monday, March 4th. Finally, Mitsubishi UFJ Financial Group lifted their price objective on Ventas from $60.00 to $61.00 and gave the company a “neutral” rating in a research note on Tuesday, April 30th. Three research analysts have rated the stock with a sell rating and thirteen have assigned a hold rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $59.46.

Shares of NYSE VTR traded up $0.30 during midday trading on Wednesday, hitting $63.79. The stock had a trading volume of 15,166 shares, compared to its average volume of 1,844,214. The firm has a market capitalization of $22.73 billion, a P/E ratio of 15.66, a P/E/G ratio of 8.10 and a beta of 0.30. Ventas, Inc. has a 1-year low of $50.69 and a 1-year high of $65.70. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.56 and a quick ratio of 0.56.

Ventas (NYSE:VTR) last released its quarterly earnings data on Friday, April 26th. The real estate investment trust reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.96 by $0.03. The business had revenue of $942.80 million for the quarter, compared to analyst estimates of $908.61 million. Ventas had a return on equity of 4.04% and a net margin of 12.19%. The company’s revenue was down .1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.22 EPS. On average, equities research analysts expect 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, July 12th. Investors of record on Monday, July 1st will be given a dividend of $0.7925 per share. This represents a $3.17 annualized dividend and a yield of 4.97%. Ventas’s dividend payout ratio (DPR) is presently 77.89%.

In related news, CAO Gregory R. Liebbe sold 4,113 shares of the business’s stock in a transaction that occurred on Wednesday, March 20th. The stock was sold at an average price of $60.67, for a total transaction of $249,535.71. Following the transaction, the chief accounting officer now directly owns 14,627 shares of the company’s stock, valued at approximately $887,420.09. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director James D. Shelton sold 5,940 shares of the business’s stock in a transaction that occurred on Thursday, March 28th. The stock was sold at an average price of $64.79, for a total value of $384,852.60. Following the transaction, the director now directly owns 46,860 shares in the company, valued at $3,036,059.40. The disclosure for this sale can be found here. Insiders have sold a total of 33,493 shares of company stock worth $2,153,070 over the last three months. 1.40% of the stock is currently owned by corporate insiders.

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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, and health systems.

See Also: Gross Domestic Product (GDP)

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Institutional Ownership by Quarter for Ventas (NYSE:VTR)

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