Segall Bryant & Hamill LLC trimmed its stake in shares of Ventas, Inc. (NYSE:VTR) by 42.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 7,569 shares of the real estate investment trust’s stock after selling 5,683 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Ventas were worth $454,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors also recently made changes to their positions in the company. Pacer Advisors Inc. raised its position in shares of Ventas by 10.5% during the 3rd quarter. Pacer Advisors Inc. now owns 9,546 shares of the real estate investment trust’s stock worth $622,000 after purchasing an additional 904 shares during the period. Skandinaviska Enskilda Banken AB publ increased its position in Ventas by 1.5% in the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 67,017 shares of the real estate investment trust’s stock valued at $4,365,000 after acquiring an additional 1,000 shares during the period. Tredje AP fonden increased its position in Ventas by 4.4% in the 3rd quarter. Tredje AP fonden now owns 24,183 shares of the real estate investment trust’s stock valued at $1,575,000 after acquiring an additional 1,030 shares during the period. Strategic Financial Services Inc increased its position in Ventas by 2.3% in the 4th quarter. Strategic Financial Services Inc now owns 47,260 shares of the real estate investment trust’s stock valued at $2,836,000 after acquiring an additional 1,055 shares during the period. Finally, Stifel Financial Corp increased its position in Ventas by 1.2% in the 3rd quarter. Stifel Financial Corp now owns 91,714 shares of the real estate investment trust’s stock valued at $5,983,000 after acquiring an additional 1,062 shares during the period. Institutional investors and hedge funds own 88.78% of the company’s stock.
Ventas, Inc. (VTR) opened at $48.11 on Monday. The company has a debt-to-equity ratio of 1.03, a quick ratio of 1.20 and a current ratio of 1.20. The stock has a market capitalization of $17,136.11, a price-to-earnings ratio of 11.54, a price-to-earnings-growth ratio of 3.13 and a beta of 0.14. Ventas, Inc. has a one year low of $47.94 and a one year high of $72.36.
The company also recently declared a quarterly dividend, which will be paid on Thursday, April 12th. Shareholders of record on Monday, April 2nd will be paid a dividend of $0.79 per share. This represents a $3.16 dividend on an annualized basis and a yield of 6.57%. The ex-dividend date is Thursday, March 29th. Ventas’s payout ratio is currently 83.82%.
Several analysts recently commented on VTR shares. ValuEngine upgraded Ventas from a “hold” rating to a “buy” rating in a research report on Friday, January 5th. BMO Capital Markets set a $55.00 target price on Ventas and gave the company a “sell” rating in a research report on Monday, January 15th. KeyCorp set a $50.00 target price on Ventas and gave the company a “sell” rating in a research report on Thursday, January 11th. UBS cut Ventas from a “market perform” rating to an “underperform” rating in a research report on Monday, December 4th. Finally, Zacks Investment Research cut Ventas from a “hold” rating to a “sell” rating in a research report on Wednesday, November 29th. Six equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $58.23.
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Ventas, Inc is a real estate investment trust (REIT) with its properties located throughout the United States, Canada and the United Kingdom. The Company operates through three segments: triple-net leased properties, senior living operations and office operations. Under its triple-net leased properties segment, the Company invests in and owns seniors housing and healthcare properties throughout the United States and the United Kingdom and leases those properties to healthcare operating companies under triple-net or absolute-net leases that obligate the tenants to pay all property-related expenses.
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