Ventas, Inc. $VTR Holdings Reduced by Curated Wealth Partners LLC

Key Points

• Curated Wealth Partners cut its Ventas stake by 78.4% in the third quarter, selling 17,721 shares and retaining 4,896 shares valued at approximately $416,000.
• Institutional investors and hedge funds own 94.18% of Ventas, while several firms increased their positions during the quarter.
• Analysts maintain a generally positive view, with a “Moderate Buy” consensus and an average price target of $98.78; Ventas also reported quarterly revenue growth of 21.7% and declared a $0.52 quarterly dividend.

Curated Wealth Partners LLC cut its stake in Ventas, Inc. (NYSE:VTR - Free Report) by 78.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,896 shares of the real estate investment trust's stock after selling 17,721 shares during the period. Curated Wealth Partners LLC's holdings in Ventas were worth $416,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Mather Group LLC. grew its stake in shares of Ventas by 1.2% in the 3rd quarter. Mather Group LLC. now owns 17,267 shares of the real estate investment trust's stock valued at $1,468,000 after purchasing an additional 202 shares during the period. First Citizens Bank & Trust Co. acquired a new stake in Ventas in the 3rd quarter valued at $744,000. Roberts Wealth Advisors LLC boosted its stake in Ventas by 2.1% in the 3rd quarter. Roberts Wealth Advisors LLC now owns 43,093 shares of the real estate investment trust's stock valued at $3,664,000 after buying an additional 893 shares in the last quarter. Krilogy Financial LLC boosted its stake in Ventas by 3.9% in the 3rd quarter. Krilogy Financial LLC now owns 11,332 shares of the real estate investment trust's stock valued at $947,000 after buying an additional 429 shares in the last quarter. Finally, Contravisory Investment Management Inc. grew its position in Ventas by 6.0% in the third quarter. Contravisory Investment Management Inc. now owns 14,867 shares of the real estate investment trust's stock valued at $1,264,000 after acquiring an additional 840 shares during the period. 94.18% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have commented on VTR. Royal Bank Of Canada boosted their price target on shares of Ventas from $98.00 to $99.00 and gave the company an "outperform" rating in a research report on Friday, August 14th. Citigroup boosted their target price on Ventas from $100.00 to $110.00 and gave the stock a "buy" rating in a report on Tuesday, August 4th. Barclays decreased their price target on Ventas from $102.00 to $91.00 and set an "equal weight" rating on the stock in a research report on Tuesday. Jefferies Financial Group assumed coverage on Ventas in a research report on Tuesday, September 15th. They set a "buy" rating and a $102.00 price target on the stock. Finally, Weiss Ratings raised Ventas from a "hold (c+)" rating to a "buy (b-)" rating in a report on Tuesday, July 21st. Fourteen research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $98.78.

Ventas Stock Performance

Shares of VTR stock opened at $85.75 on Friday. The stock has a market cap of $43.99 billion, a PE ratio of 23.06, a price-to-earnings-growth ratio of 3.31 and a beta of 0.72. The stock has a 50-day moving average of $88.28 and a 200-day moving average of $87.93. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.44 and a quick ratio of 0.44. Ventas, Inc. has a one year low of $68.15 and a one year high of $101.60.

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

Ventas Announces Dividend

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

About Ventas

Ventas, Inc is a real estate investment trust (REIT) focused on owning and managing healthcare and senior housing properties. Its portfolio includes senior living communities, outpatient medical buildings, hospitals, research and innovation facilities, and other properties serving the healthcare industry.

The company generates revenue primarily by leasing its properties to healthcare providers, senior housing operators, academic institutions, and other tenants. Ventas may also participate in property operations through management and operating arrangements, particularly in senior living, while working with experienced third-party operators and healthcare partners.

Ventas serves markets across the United States, Canada, and the United Kingdom.

Want to see what other hedge funds are holding VTR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ventas, Inc. (NYSE:VTR - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.