Envestnet Asset Management Inc. Has $21.31 Million Stake in Ventas, Inc. (NYSE:VTR)

Envestnet Asset Management Inc. cut its position in Ventas, Inc. (NYSE:VTR) by 6.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 361,798 shares of the real estate investment trust’s stock after selling 24,078 shares during the quarter. Envestnet Asset Management Inc. owned 0.09% of Ventas worth $21,306,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in VTR. ST Germain D J Co. Inc. bought a new stake in Ventas during the fourth quarter worth $27,000. Harbor Capital Advisors Inc. raised its holdings in shares of Ventas by 66.2% during the 4th quarter. Harbor Capital Advisors Inc. now owns 527 shares of the real estate investment trust’s stock worth $31,000 after buying an additional 210 shares in the last quarter. Promus Capital LLC bought a new stake in shares of Ventas during the 4th quarter worth $38,000. New Wave Wealth Advisors LLC acquired a new stake in Ventas in the fourth quarter valued at about $41,000. Finally, SRS Capital Advisors Inc. grew its position in Ventas by 1,039.4% in the fourth quarter. SRS Capital Advisors Inc. now owns 809 shares of the real estate investment trust’s stock valued at $48,000 after acquiring an additional 738 shares during the last quarter. Institutional investors own 94.18% of the company’s stock.

Insider Activity

In other Ventas news, CAO Gregory R. Liebbe sold 3,866 shares of the business’s stock in a transaction that occurred on Thursday, February 13th. The stock was sold at an average price of $63.00, for a total value of $243,558.00. Following the transaction, the chief accounting officer now directly owns 11,371 shares of the company’s stock, valued at approximately $716,373. The trade was a 25.37 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Debra A. Cafaro sold 388 shares of the firm’s stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $71.00, for a total transaction of $27,548.00. Following the sale, the chief executive officer now directly owns 1,128,143 shares of the company’s stock, valued at approximately $80,098,153. This trade represents a 0.03 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 304,778 shares of company stock valued at $20,934,891 in the last ninety days. 1.00% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

VTR has been the topic of a number of research analyst reports. Morgan Stanley raised their price target on shares of Ventas from $65.00 to $70.00 and gave the company an “equal weight” rating in a research note on Tuesday, March 11th. Royal Bank of Canada raised their target price on shares of Ventas from $70.00 to $74.00 and gave the company an “outperform” rating in a research report on Tuesday, February 25th. Argus set a $75.00 price target on shares of Ventas in a report on Friday, March 7th. Baird R W raised Ventas from a “hold” rating to a “strong-buy” rating in a report on Friday, January 17th. Finally, JPMorgan Chase & Co. upped their target price on Ventas from $71.00 to $73.00 and gave the stock a “neutral” rating in a report on Friday, March 7th. Four research analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $72.90.

Ventas Price Performance

Ventas stock opened at $67.46 on Tuesday. The stock’s 50 day moving average is $66.60 and its 200 day moving average is $63.47. Ventas, Inc. has a one year low of $41.45 and a one year high of $71.36. The firm has a market cap of $29.52 billion, a P/E ratio of 355.07, a P/E/G ratio of 2.59 and a beta of 1.02. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.85 and a quick ratio of 0.85.

Ventas (NYSE:VTR) last issued its quarterly earnings results on Wednesday, February 12th. The real estate investment trust reported $0.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.83. Ventas had a net margin of 1.65% and a return on equity of 0.82%. As a group, research analysts expect that Ventas, Inc. will post 3.4 EPS for the current year.

Ventas Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Monday, March 31st will be given a $0.48 dividend. The ex-dividend date of this dividend is Monday, March 31st. This is a positive change from Ventas’s previous quarterly dividend of $0.45. This represents a $1.92 annualized dividend and a dividend yield of 2.85%. Ventas’s dividend payout ratio (DPR) is 1,010.53%.

About Ventas

Ventas Inc (NYSE: VTR) is a leading S&P 500 real estate investment trust focused on delivering strong, sustainable shareholder returns by enabling exceptional environments that benefit a large and growing aging population. The Company's growth is fueled by its senior housing communities, which provide valuable services to residents and enable them to thrive in supported environments.