Global Wealth Management Investment Advisory Inc. Boosts Position in Ventas, Inc. (NYSE:VTR)

Global Wealth Management Investment Advisory Inc. raised its stake in Ventas, Inc. (NYSE:VTR) by 8.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,300 shares of the real estate investment trust’s stock after purchasing an additional 999 shares during the period. Global Wealth Management Investment Advisory Inc.’s holdings in Ventas were worth $724,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Ventas by 862.7% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,932,017 shares of the real estate investment trust’s stock worth $252,160,000 after purchasing an additional 3,523,594 shares in the last quarter. Massachusetts Financial Services Co. MA increased its position in Ventas by 105.2% during the third quarter. Massachusetts Financial Services Co. MA now owns 5,420,322 shares of the real estate investment trust’s stock worth $347,605,000 after buying an additional 2,778,408 shares during the period. FMR LLC lifted its stake in Ventas by 4.4% in the third quarter. FMR LLC now owns 23,364,810 shares of the real estate investment trust’s stock valued at $1,498,385,000 after buying an additional 982,795 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in Ventas by 2.2% in the third quarter. JPMorgan Chase & Co. now owns 27,557,480 shares of the real estate investment trust’s stock valued at $1,767,261,000 after buying an additional 599,600 shares during the last quarter. Finally, State Street Corp boosted its holdings in shares of Ventas by 2.2% in the third quarter. State Street Corp now owns 26,671,227 shares of the real estate investment trust’s stock valued at $1,710,426,000 after acquiring an additional 581,870 shares during the period. Institutional investors and hedge funds own 94.18% of the company’s stock.

Ventas Price Performance

VTR opened at $60.60 on Monday. The business has a 50 day simple moving average of $59.60 and a 200-day simple moving average of $61.27. Ventas, Inc. has a 12 month low of $41.45 and a 12 month high of $67.61. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.04 and a quick ratio of 1.04.

Ventas Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 16th. Shareholders of record on Tuesday, December 31st were given a dividend of $0.45 per share. The ex-dividend date was Tuesday, December 31st. This represents a $1.80 annualized dividend and a dividend yield of 2.97%. Ventas’s payout ratio is currently -1,058.76%.

Analyst Ratings Changes

VTR has been the subject of several research reports. StockNews.com upgraded shares of Ventas from a “sell” rating to a “hold” rating in a research report on Friday, January 17th. Wedbush reaffirmed an “outperform” rating and issued a $75.00 target price on shares of Ventas in a report on Thursday, December 19th. Scotiabank increased their target price on shares of Ventas from $68.00 to $69.00 and gave the stock a “sector perform” rating in a research note on Monday, January 27th. Mizuho dropped their price target on Ventas from $71.00 to $68.00 and set an “outperform” rating on the stock in a research report on Thursday, December 5th. Finally, Robert W. Baird raised Ventas from a “neutral” rating to an “outperform” rating and decreased their price objective for the stock from $66.00 to $65.00 in a research report on Friday, January 17th. Two analysts have rated the stock with a hold rating, six have issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $68.71.

Ventas 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.