Ventas, Inc. (NYSE:VTR) Shares Sold by Mackenzie Financial Corp

Mackenzie Financial Corp reduced its stake in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 10.4% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 211,413 shares of the real estate investment trust's stock after selling 24,456 shares during the period. Mackenzie Financial Corp owned about 0.05% of Ventas worth $10,537,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its holdings in shares of Ventas by 33.7% in the fourth quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 7,035 shares of the real estate investment trust's stock valued at $351,000 after acquiring an additional 1,775 shares in the last quarter. Vontobel Holding Ltd. bought a new position in shares of Ventas in the fourth quarter valued at approximately $219,000. Louisiana State Employees Retirement System bought a new position in shares of Ventas in the fourth quarter valued at approximately $1,211,000. Simplicity Solutions LLC grew its holdings in Ventas by 10.4% during the fourth quarter. Simplicity Solutions LLC now owns 6,164 shares of the real estate investment trust's stock valued at $307,000 after purchasing an additional 582 shares during the period. Finally, Koshinski Asset Management Inc. grew its holdings in Ventas by 32.6% during the fourth quarter. Koshinski Asset Management Inc. now owns 9,869 shares of the real estate investment trust's stock valued at $492,000 after purchasing an additional 2,427 shares during the period. 94.18% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on VTR shares. Wells Fargo & Company reissued an "equal weight" rating and set a $46.00 price objective (down from $52.00) on shares of Ventas in a report on Monday, February 26th. Deutsche Bank Aktiengesellschaft started coverage on Ventas in a research report on Tuesday, January 30th. They set a "buy" rating and a $60.00 target price on the stock. Bank of America upgraded Ventas from a "neutral" rating to a "buy" rating and increased their target price for the stock from $48.00 to $53.00 in a research report on Tuesday, January 16th. Mizuho increased their target price on Ventas from $53.00 to $56.00 and gave the stock a "buy" rating in a research report on Wednesday, January 3rd. Finally, StockNews.com downgraded Ventas from a "hold" rating to a "sell" rating in a research report on Tuesday, February 13th. One analyst has rated the stock with a sell rating, three have issued a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat, Ventas currently has a consensus rating of "Moderate Buy" and a consensus target price of $51.54.

Ventas Stock Up 1.1 %

Shares of VTR stock traded up $0.49 during trading hours on Friday, hitting $43.13. 1,690,529 shares of the company's stock traded hands, compared to its average volume of 2,133,353. The stock's fifty day simple moving average is $43.34 and its two-hundred day simple moving average is $45.00. Ventas, Inc. has a 12-month low of $39.33 and a 12-month high of $50.99. The stock has a market cap of $17.43 billion, a price-to-earnings ratio of -392.06, a PEG ratio of 2.37 and a beta of 1.26. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 1.41.

Ventas Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 18th. Investors of record on Monday, April 1st were issued a $0.45 dividend. The ex-dividend date of this dividend was Thursday, March 28th. This represents a $1.80 dividend on an annualized basis and a yield of 4.17%. Ventas's payout ratio is currently -1,636.21%.

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.