Ventas, Inc. $VTR Shares Purchased by Corient Private Wealth LP

Corient Private Wealth LP raised its holdings in Ventas, Inc. (NYSE:VTR - Free Report) by 114.8% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 170,259 shares of the real estate investment trust's stock after purchasing an additional 91,003 shares during the quarter. Corient Private Wealth LP's holdings in Ventas were worth $15,126,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of VTR. Deutsche Bank AG boosted its stake 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 worth $302,114,000 after buying an additional 27,688 shares during the period. Bank of New York Mellon Corp raised its stake 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 valued at $222,000,000 after acquiring an additional 70,459 shares during the period. Norges Bank purchased a new stake in shares of Ventas in the 4th quarter valued at approximately $474,571,000. Adelante Capital Management LLC acquired a new position in shares of Ventas in the 2nd quarter worth approximately $52,737,000. Finally, Sei Investments Co. lifted its holdings in shares of Ventas by 3.3% in the 1st quarter. Sei Investments Co. now owns 660,428 shares of the real estate investment trust's stock worth $54,010,000 after acquiring an additional 21,378 shares during the last quarter. Institutional investors and hedge funds own 94.18% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on VTR. Cantor Fitzgerald boosted their target price on Ventas from $97.00 to $102.00 and gave the company an "overweight" rating in a research report on Friday, July 31st. Jefferies Financial Group assumed coverage on Ventas in a research report on Tuesday. They set a "buy" rating and a $102.00 price target for the company. Weiss Ratings raised Ventas from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a $100.00 target price on shares of Ventas in a research note on Tuesday, June 16th. Finally, Royal Bank Of Canada raised their target price on Ventas from $98.00 to $99.00 and gave the company an "outperform" rating in a report on Friday, August 14th. Fourteen investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, Ventas has a consensus rating of "Moderate Buy" and an average target price of $99.11.

Ventas Stock Performance

Shares of VTR stock opened at $88.49 on Wednesday. The firm has a 50 day moving average of $92.72 and a two-hundred day moving average of $88.01. The stock has a market capitalization of $45.39 billion, a PE ratio of 163.86, a P/E/G ratio of 3.48 and a beta of 0.70. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 0.86. Ventas, Inc. has a 52 week low of $66.54 and a 52 week high of $101.60.

Ventas (NYSE:VTR - Get Free Report) last released its earnings results on Wednesday, July 29th. The real estate investment trust reported $0.97 earnings per share for the quarter, topping 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 analyst estimates of $1.68 billion. During the same period in the prior year, the firm earned $0.87 earnings per share. The business's quarterly revenue was up 21.7% compared to the same quarter last year. On average, research analysts predict that Ventas, Inc. will post 3.89 EPS for the current fiscal year.

Ventas Dividend Announcement

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

Ventas Company 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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