New York Life Investment Management LLC Has $6.03 Million Holdings in Ventas, Inc. (NYSE:VTR)

New York Life Investment Management LLC increased its stake in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 72.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 121,070 shares of the real estate investment trust's stock after purchasing an additional 50,924 shares during the period. New York Life Investment Management LLC's holdings in Ventas were worth $6,034,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Bruce G. Allen Investments LLC purchased a new position in shares of Ventas during the fourth quarter valued at approximately $25,000. Gradient Investments LLC boosted its holdings in shares of Ventas by 82.7% during the fourth quarter. Gradient Investments LLC now owns 718 shares of the real estate investment trust's stock worth $36,000 after purchasing an additional 325 shares during the last quarter. Jones Financial Companies Lllp grew its position in shares of Ventas by 151.1% in the third quarter. Jones Financial Companies Lllp now owns 796 shares of the real estate investment trust's stock valued at $34,000 after purchasing an additional 479 shares during the period. NBC Securities Inc. acquired a new position in Ventas in the third quarter valued at $44,000. Finally, Massmutual Trust Co. FSB ADV lifted its position in Ventas by 73.4% during the fourth quarter. Massmutual Trust Co. FSB ADV now owns 1,408 shares of the real estate investment trust's stock worth $70,000 after buying an additional 596 shares during the period. Hedge funds and other institutional investors own 94.18% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on VTR shares. Deutsche Bank Aktiengesellschaft began coverage on Ventas in a report on Tuesday, January 30th. They issued a "buy" rating and a $60.00 price target for the company. Wells Fargo & Company reaffirmed an "equal weight" rating and set a $46.00 price target (down previously from $52.00) on shares of Ventas in a research report on Monday, February 26th. Evercore ISI upgraded shares of Ventas from an "in-line" rating to an "outperform" rating and set a $50.00 price target on the stock in a report on Monday, March 18th. StockNews.com downgraded Ventas from a "hold" rating to a "sell" rating in a report on Tuesday, February 13th. Finally, Bank of America raised 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. One investment analyst has rated the stock with a sell rating, three have given a hold rating and nine have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $51.25.

Ventas Stock Up 1.2 %

NYSE:VTR traded up $0.57 during mid-day trading on Friday, hitting $46.79. The company had a trading volume of 3,167,607 shares, compared to its average volume of 2,010,731. Ventas, Inc. has a 1 year low of $39.33 and a 1 year high of $50.99. The business has a fifty day simple moving average of $43.36 and a 200-day simple moving average of $45.15. The company has a current ratio of 0.63, a quick ratio of 0.51 and a debt-to-equity ratio of 1.43. The firm has a market capitalization of $18.91 billion, a price-to-earnings ratio of -246.25, a PEG ratio of 2.49 and a beta of 1.25.

Ventas Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 18th. Investors of record on Monday, April 1st were issued a dividend of $0.45 per share. The ex-dividend date was Thursday, March 28th. This represents a $1.80 annualized dividend and a dividend yield of 3.85%. Ventas's payout ratio is currently -947.32%.

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.