Barings LLC Acquires 33,487 Shares of Ventas, Inc. (VTR)
Barings LLC increased its position in shares of Ventas, Inc. (NYSE:VTR) by 8.8% during the 4th quarter, Holdings Channel reports. The fund owned 414,601 shares of the real estate investment trust’s stock after acquiring an additional 33,487 shares during the quarter. Barings LLC’s holdings in Ventas were worth $24,880,000 at the end of the most recent quarter.
Other hedge funds have also recently made changes to their positions in the company. IFM Investors Pty Ltd acquired a new position in shares of Ventas during the 3rd quarter valued at about $647,000. Intl Fcstone Inc. acquired a new position in shares of Ventas during the 2nd quarter valued at about $691,000. Janus Henderson Group PLC boosted its position in shares of Ventas by 83.9% during the 3rd quarter. Janus Henderson Group PLC now owns 178,980 shares of the real estate investment trust’s stock valued at $11,655,000 after acquiring an additional 81,667 shares during the last quarter. UMB Bank N A MO boosted its position in shares of Ventas by 8.0% during the 4th quarter. UMB Bank N A MO now owns 197,132 shares of the real estate investment trust’s stock valued at $11,830,000 after acquiring an additional 14,671 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in shares of Ventas by 9.9% during the 3rd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 28,965 shares of the real estate investment trust’s stock valued at $1,886,000 after acquiring an additional 2,600 shares during the last quarter. 90.05% of the stock is currently owned by hedge funds and other institutional investors.
Ventas, Inc. (NYSE:VTR) opened at $50.46 on Tuesday. Ventas, Inc. has a 1 year low of $49.17 and a 1 year high of $72.36. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.20 and a quick ratio of 1.46. The company has a market cap of $17,970.00 and a PE ratio of 28.35.
The business also recently announced a quarterly dividend, which will be paid on Thursday, April 12th. Shareholders of record on Monday, April 2nd will be given a $0.79 dividend. The ex-dividend date of this dividend is Thursday, March 29th. This represents a $3.16 dividend on an annualized basis and a yield of 6.26%. Ventas’s payout ratio is currently 177.53%.
VTR has been the topic of several recent research reports. BMO Capital Markets reissued a “sell” rating and set a $62.00 price target on shares of Ventas in a research report on Wednesday, October 18th. SunTrust Banks set a $67.00 price target on shares of Ventas and gave the company a “hold” rating in a research report on Sunday, October 29th. Capital One Financial raised shares of Ventas from an “equal weight” rating to an “overweight” rating in a research report on Monday, October 30th. Zacks Investment Research cut shares of Ventas from a “hold” rating to a “sell” rating in a research report on Wednesday, November 15th. Finally, UBS Group cut shares of Ventas from a “market perform” rating to an “underperform” rating in a research report on Monday, December 4th. Eight equities research analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the stock. Ventas presently has a consensus rating of “Hold” and an average target price of $60.36.
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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