California State Teachers Retirement System Has $65.37 Million Stock Holdings in Ventas, Inc. $VTR

California State Teachers Retirement System boosted its position in Ventas, Inc. (NYSE:VTR - Free Report) by 8.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 736,108 shares of the real estate investment trust's stock after acquiring an additional 58,692 shares during the quarter. California State Teachers Retirement System owned 0.14% of Ventas worth $65,366,390 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in VTR. Deutsche Bank AG boosted its position in Ventas by 0.7% during the fourth quarter. Deutsche Bank AG now owns 3,904,293 shares of the real estate investment trust's stock valued at $302,114,000 after buying an additional 27,688 shares during the period. Bank of New York Mellon Corp boosted its position in shares of Ventas by 2.5% in the 4th quarter. Bank of New York Mellon Corp now owns 2,868,962 shares of the real estate investment trust's stock worth $222,000,000 after purchasing an additional 70,459 shares in the last quarter. Norges Bank acquired a new position in shares of Ventas in the 4th quarter valued at $474,571,000. Adelante Capital Management LLC acquired a new position in shares of Ventas during the 2nd quarter valued at about $52,737,000. Finally, Sei Investments Co. boosted its position in Ventas by 3.3% in the 1st quarter. Sei Investments Co. now owns 660,428 shares of the real estate investment trust's stock valued at $54,010,000 after buying an additional 21,378 shares during the period. Hedge funds and other institutional investors own 94.18% of the company's stock.

Analyst Upgrades and Downgrades

VTR has been the topic of several research analyst reports. Weiss Ratings raised Ventas from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Tuesday, July 21st. Wells Fargo & Company upped their price target on shares of Ventas from $96.00 to $104.00 and gave the company an "overweight" rating in a report on Tuesday, September 1st. The Goldman Sachs Group reiterated a "buy" rating and set a $110.00 price target on shares of Ventas in a report on Tuesday, May 19th. Royal Bank Of Canada upped their price objective on Ventas from $98.00 to $99.00 and gave the company an "outperform" rating in a research note on Friday, August 14th. Finally, Mizuho upped their price target on Ventas from $98.00 to $104.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 22nd. Fourteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $99.11.

Ventas Trading Down 0.9%

Shares of Ventas stock traded down $0.79 during trading hours on Tuesday, reaching $88.31. The stock had a trading volume of 985,470 shares, compared to its average volume of 3,568,439. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 0.86. Ventas, Inc. has a 1 year low of $66.54 and a 1 year high of $101.60. The firm has a 50 day simple moving average of $92.83 and a two-hundred day simple moving average of $88.00. The firm has a market capitalization of $45.30 billion, a price-to-earnings ratio of 163.52, a P/E/G ratio of 3.51 and a beta of 0.70.

Ventas (NYSE:VTR - Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $0.97 EPS for the quarter, beating analysts' consensus estimates of $0.96 by $0.01. Ventas had a net margin of 4.08% and a return on equity of 1.99%. The firm had revenue of $1.73 billion for the quarter, compared to the consensus estimate of $1.68 billion. During the same period in the previous year, the firm posted $0.87 earnings per share. The firm's revenue was up 21.7% on a year-over-year basis. As a group, equities research analysts anticipate that Ventas, Inc. will post 3.89 earnings per share for the current year.

Ventas Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be given a dividend of $0.52 per share. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $2.08 annualized dividend and a dividend yield of 2.4%. Ventas's dividend payout ratio (DPR) is 385.19%.

Ventas Profile

Ventas, Inc is a real estate investment trust (REIT) that owns and manages a diversified portfolio of healthcare and senior living properties. Its real estate platform includes senior housing communities, medical office buildings, life science and innovation centers, and other healthcare-related facilities.

The company generally leases or operates its properties through relationships with healthcare providers, senior living operators, universities, and research institutions. Its properties support services such as independent and assisted living, skilled nursing, outpatient care, physician practices, medical research, and biotechnology development.

Ventas serves major healthcare and life science markets in the United States and Canada.

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