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

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

Other large investors have also made changes to their positions in the company. BlackRock Inc. acquired a new stake in Ventas during the second quarter worth about $4,953,439,000. Dimensional Fund Advisors LP increased its stake in Ventas by 3.6% during the first quarter. Dimensional Fund Advisors LP now owns 7,190,594 shares of the real estate investment trust’s stock valued at $588,045,000 after acquiring an additional 253,019 shares during the period. Legal & General Group Plc acquired a new position in Ventas in the 2nd quarter valued at approximately $501,850,000. Deutsche Bank AG acquired a new position in Ventas in the 2nd quarter valued at approximately $451,822,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Ventas by 5.5% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,981,404 shares of the real estate investment trust’s stock valued at $442,349,000 after acquiring an additional 258,859 shares in the last quarter. Institutional investors and hedge funds own 94.18% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on VTR shares. Citigroup boosted their price objective on Ventas from $100.00 to $110.00 and gave the company a “buy” rating in a research report on Tuesday, August 4th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Ventas in a research report on Monday, October 19th. Cantor Fitzgerald raised their target price on Ventas from $97.00 to $102.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Evercore set a $100.00 price target on shares of Ventas and gave the stock an “outperform” rating in a research note on Monday, September 21st. Finally, BMO Capital Markets boosted their price target on shares of Ventas from $105.00 to $107.00 and gave the company an “outperform” rating in a report on Tuesday, August 11th. Eighteen investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Ventas currently has an average rating of “Moderate Buy” and an average price target of $98.91.

Ventas Stock Down 0.2%

Shares of VTR opened at $86.86 on Friday. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 0.86. The company has a 50-day moving average price of $87.89 and a two-hundred day moving average price of $88.06. The stock has a market cap of $44.55 billion, a price-to-earnings ratio of 160.85, a P/E/G ratio of 3.39 and a beta of 0.72. Ventas, Inc. has a 12 month low of $68.15 and a 12 month high of $101.60.

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

Ventas Announces Dividend

The business also recently declared 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 is 385.19%.

Ventas 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.