BROOKFIELD Corp ON Decreases Stake in Ventas, Inc. (NYSE:VTR)

BROOKFIELD Corp ON reduced its position in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 12.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 297,997 shares of the real estate investment trust's stock after selling 41,149 shares during the period. BROOKFIELD Corp ON owned about 0.07% of Ventas worth $17,549,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Norges Bank purchased a new position in shares of Ventas in the 4th quarter valued at about $340,282,000. Northern Trust Corp boosted its holdings in Ventas by 60.8% in the fourth quarter. Northern Trust Corp now owns 6,207,553 shares of the real estate investment trust's stock valued at $365,563,000 after purchasing an additional 2,347,705 shares in the last quarter. Marshall Wace LLP increased its stake in Ventas by 1,489.5% in the fourth quarter. Marshall Wace LLP now owns 1,456,112 shares of the real estate investment trust's stock valued at $85,750,000 after purchasing an additional 1,364,504 shares during the last quarter. Vanguard Group Inc. raised its holdings in Ventas by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 66,501,010 shares of the real estate investment trust's stock worth $3,916,244,000 after purchasing an additional 912,813 shares in the last quarter. Finally, Renaissance Technologies LLC lifted its position in shares of Ventas by 56.0% during the 4th quarter. Renaissance Technologies LLC now owns 2,499,228 shares of the real estate investment trust's stock worth $147,180,000 after buying an additional 896,717 shares during the last quarter. Institutional investors and hedge funds own 94.18% of the company's stock.

Insider Activity

In other news, CEO Debra A. Cafaro sold 214,679 shares of the stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $68.22, for a total value of $14,645,401.38. Following the completion of the transaction, the chief executive officer now owns 1,138,143 shares in the company, valued at $77,644,115.46. This trade represents a 15.87 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Gregory R. Liebbe sold 3,866 shares of the firm's stock in a transaction dated Thursday, February 13th. The shares were sold at an average price of $63.00, for a total transaction of $243,558.00. Following the completion of the sale, the chief accounting officer now owns 11,371 shares of the company's stock, valued at $716,373. This trade represents a 25.37 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 313,888 shares of company stock valued at $21,536,515 in the last three months. 0.80% of the stock is currently owned by company insiders.

Ventas Stock Performance

Shares of VTR opened at $66.62 on Tuesday. The stock has a market capitalization of $29.16 billion, a P/E ratio of 350.64, a P/E/G ratio of 2.59 and a beta of 0.95. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.85 and a current ratio of 0.85. Ventas, Inc. has a 1 year low of $46.53 and a 1 year high of $71.36. The company's fifty day moving average is $67.59 and its two-hundred day moving average is $63.94.

Ventas (NYSE:VTR - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The real estate investment trust reported $0.84 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.82 by $0.02. The business had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.32 billion. Ventas had a net margin of 1.65% and a return on equity of 0.82%. The business's revenue was up 13.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.78 earnings per share. On average, sell-side analysts predict that Ventas, Inc. will post 3.4 earnings per share for the current year.

Ventas Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Monday, March 31st were paid a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.88%. This is an increase from Ventas's previous quarterly dividend of $0.45. The ex-dividend date was Monday, March 31st. Ventas's dividend payout ratio is 581.82%.

Analysts Set New Price Targets

A number of research firms recently commented on VTR. Robert W. Baird raised shares of 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. StockNews.com upgraded Ventas from a "sell" rating to a "hold" rating in a research report on Friday, January 17th. Wells Fargo & Company upped their target price on Ventas from $72.00 to $77.00 and gave the company an "overweight" rating in a research report on Monday, March 10th. Royal Bank of Canada boosted their price objective on Ventas from $70.00 to $74.00 and gave the company an "outperform" rating in a research note on Tuesday, February 25th. Finally, Wedbush raised their target price on shares of Ventas from $69.00 to $78.00 and gave the stock an "outperform" rating in a research report on Friday, February 14th. Four analysts have rated the stock with a hold rating, seven have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $72.90.

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.

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