State of Alaska Department of Revenue Sells 1,780 Shares of Ventas, Inc. (NYSE:VTR)

State of Alaska Department of Revenue lessened its position in shares of Ventas, Inc. (NYSE:VTR) by 0.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 249,767 shares of the real estate investment trust’s stock after selling 1,780 shares during the period. State of Alaska Department of Revenue owned approximately 0.06% of Ventas worth $14,707,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. Signaturefd LLC raised its holdings in shares of Ventas by 2.1% during the 3rd quarter. Signaturefd LLC now owns 8,120 shares of the real estate investment trust’s stock worth $521,000 after buying an additional 165 shares in the last quarter. Eastern Bank raised its stake in Ventas by 6.4% during the fourth quarter. Eastern Bank now owns 3,308 shares of the real estate investment trust’s stock worth $195,000 after acquiring an additional 200 shares in the last quarter. Bleakley Financial Group LLC lifted its holdings in shares of Ventas by 3.7% in the third quarter. Bleakley Financial Group LLC now owns 5,639 shares of the real estate investment trust’s stock worth $362,000 after acquiring an additional 203 shares during the last quarter. Harbor Capital Advisors Inc. boosted its stake in shares of Ventas by 66.2% in the 4th quarter. Harbor Capital Advisors Inc. now owns 527 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 210 shares in the last quarter. Finally, V Square Quantitative Management LLC grew its holdings in shares of Ventas by 3.9% during the 3rd quarter. V Square Quantitative Management LLC now owns 5,832 shares of the real estate investment trust’s stock valued at $374,000 after purchasing an additional 217 shares during the last quarter. Institutional investors and hedge funds own 94.18% of the company’s stock.

Ventas Trading Up 1.1 %

Shares of VTR stock opened at $60.85 on Thursday. Ventas, Inc. has a 1-year low of $41.45 and a 1-year high of $67.61. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.04 and a quick ratio of 1.04. The stock has a 50-day moving average of $59.82 and a 200-day moving average of $61.17.

Ventas Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 16th. Shareholders of record on Tuesday, December 31st were issued a dividend of $0.45 per share. The ex-dividend date was Tuesday, December 31st. This represents a $1.80 annualized dividend and a yield of 2.96%. Ventas’s payout ratio is -1,058.76%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on VTR shares. Baird R W raised shares of Ventas from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 17th. Scotiabank increased their price target on Ventas from $68.00 to $69.00 and gave the company a “sector perform” rating in a research note on Monday, January 27th. Mizuho reduced their price objective on Ventas from $71.00 to $68.00 and set an “outperform” rating on the stock in a research report on Thursday, December 5th. Robert W. Baird upgraded Ventas from a “neutral” rating to an “outperform” rating and dropped their target price for the company from $66.00 to $65.00 in a research report on Friday, January 17th. Finally, Wedbush reissued an “outperform” rating and set a $75.00 price target on shares of Ventas in a research note on Thursday, December 19th. Two research analysts have rated the stock with a hold rating, six have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Ventas has a consensus rating of “Buy” and a consensus target price of $68.71.

Ventas Company Profile

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.