Park Avenue Securities LLC lifted its position in shares of Ventas, Inc. (NYSE:VTR – Get Rating) by 5.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,071 shares of the real estate investment trust’s stock after acquiring an additional 531 shares during the period. Park Avenue Securities LLC’s holdings in Ventas were worth $405,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also made changes to their positions in the company. Capital Analysts LLC acquired a new stake in Ventas in the second quarter worth $30,000. Private Trust Co. NA acquired a new stake in Ventas in the second quarter worth $31,000. EdgeRock Capital LLC acquired a new stake in Ventas in the third quarter worth $32,000. CX Institutional acquired a new stake in Ventas in the second quarter worth $37,000. Finally, Charter Oak Capital Management LLC acquired a new stake in Ventas in the second quarter worth $40,000. 91.28% of the stock is owned by institutional investors and hedge funds.
Ventas Stock Performance
Shares of VTR stock opened at $49.28 on Friday. 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 fifty-two week low of $35.33 and a fifty-two week high of $64.02. The stock has a 50-day simple moving average of $45.99 and a 200 day simple moving average of $45.84.
Ventas Dividend Announcement
Wall Street Analyst Weigh In
Several equities research analysts have weighed in on the company. Morgan Stanley increased their target price on Ventas from $44.50 to $45.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 23rd. KeyCorp lowered their price target on Ventas from $60.00 to $56.00 and set an “overweight” rating on the stock in a report on Monday, October 10th. Mizuho lowered their price target on Ventas from $61.00 to $60.00 in a report on Friday, December 2nd. Credit Suisse Group lowered their price target on Ventas from $63.00 to $48.00 and set an “outperform” rating on the stock in a report on Tuesday, November 1st. Finally, Raymond James raised their price target on Ventas from $46.00 to $55.00 and gave the company an “outperform” rating in a report on Monday, January 9th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat, Ventas currently has an average rating of “Moderate Buy” and a consensus price target of $57.85.
Ventas Company Profile
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.
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