Ventas, Inc. (NYSE:VTR) Shares Bought by Assetmark Inc.

Assetmark Inc. raised its position in Ventas, Inc. (NYSE:VTR – Get Rating) by 50.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 12,442 shares of the real estate investment trust’s stock after buying an additional 4,189 shares during the period. Assetmark Inc.’s holdings in Ventas were worth $500,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Capital Analysts LLC acquired a new stake in Ventas in the 2nd quarter worth about $30,000. Private Trust Co. NA acquired a new stake in Ventas in the 2nd quarter worth about $31,000. EdgeRock Capital LLC acquired a new stake in Ventas in the 3rd quarter worth about $32,000. CX Institutional acquired a new stake in Ventas in the 2nd quarter worth about $37,000. Finally, Charter Oak Capital Management LLC acquired a new stake in Ventas in the 2nd quarter worth about $40,000. 91.28% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

VTR has been the topic of a number of research reports. Raymond James raised their target price on shares of Ventas from $46.00 to $55.00 and gave the stock an “outperform” rating in a research note on Monday, January 9th. Evercore ISI decreased their target price on shares of Ventas to $50.00 in a research note on Thursday, October 13th. StockNews.com lowered shares of Ventas from a “hold” rating to a “sell” rating in a research note on Saturday, December 17th. Mizuho decreased their target price on shares of Ventas from $61.00 to $60.00 in a research note on Friday, December 2nd. Finally, Robert W. Baird lowered shares of Ventas from an “outperform” rating to a “neutral” rating in a research note on Monday, October 10th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $57.85.

Ventas Stock Down 0.9 %

Shares of NYSE VTR opened at $48.36 on Friday. The firm has a market cap of $19.33 billion, a price-to-earnings ratio of -439.64, a PEG ratio of 3.91 and a beta of 1.15. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 1.17. Ventas, Inc. has a 52-week low of $35.33 and a 52-week high of $64.02. The business’s 50 day moving average is $45.91 and its two-hundred day moving average is $45.90.

Ventas Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 19th. Shareholders of record on Tuesday, January 3rd were paid a $0.45 dividend. The ex-dividend date of this dividend was Friday, December 30th. This represents a $1.80 annualized dividend and a dividend yield of 3.72%. Ventas’s dividend payout ratio (DPR) is -1,636.36%.

Ventas Profile

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Ventas, Inc engages in the acquisition and ownership of seniors housing and healthcare properties. The company invests in seniors housing and healthcare properties through acquisitions and leases its properties to unaffiliated tenants or operates them through independent third-party managers. It operates through the following segments: Triple-Net Leased Properties, Senior Living Operations, and Office Operations.