Wellington Management Group LLP Has $1.43 Million Holdings in Ventas, Inc. (NYSE:VTR)

Wellington Management Group LLP lessened its holdings in shares of Ventas, Inc. (NYSE:VTRFree Report) by 96.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 33,867 shares of the real estate investment trust’s stock after selling 877,852 shares during the quarter. Wellington Management Group LLP’s holdings in Ventas were worth $1,427,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Deutsche Bank AG raised its stake in shares of Ventas by 315.0% in the 3rd quarter. Deutsche Bank AG now owns 3,218,555 shares of the real estate investment trust’s stock valued at $135,598,000 after purchasing an additional 2,443,076 shares during the period. Public Sector Pension Investment Board raised its stake in shares of Ventas by 6.5% in the 3rd quarter. Public Sector Pension Investment Board now owns 81,727 shares of the real estate investment trust’s stock valued at $3,443,000 after purchasing an additional 4,994 shares during the period. Creative Planning raised its stake in shares of Ventas by 7.5% in the 3rd quarter. Creative Planning now owns 27,045 shares of the real estate investment trust’s stock valued at $1,139,000 after purchasing an additional 1,889 shares during the period. Employees Retirement System of Texas raised its stake in shares of Ventas by 5.7% in the 3rd quarter. Employees Retirement System of Texas now owns 186,399 shares of the real estate investment trust’s stock valued at $7,853,000 after purchasing an additional 10,000 shares during the period. Finally, Ranger Global Real Estate Advisors LLC grew its holdings in shares of Ventas by 76.4% in the 3rd quarter. Ranger Global Real Estate Advisors LLC now owns 466,389 shares of the real estate investment trust’s stock valued at $19,649,000 after acquiring an additional 202,000 shares in the last quarter. Institutional investors and hedge funds own 94.18% of the company’s stock.

Analysts Set New Price Targets

VTR has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft initiated coverage on Ventas in a report on Tuesday, January 30th. They issued a “buy” rating and a $60.00 price objective for the company. StockNews.com cut Ventas from a “hold” rating to a “sell” rating in a report on Tuesday, February 13th. Bank of America upgraded Ventas from a “neutral” rating to a “buy” rating and raised their price objective for the company from $48.00 to $53.00 in a report on Tuesday, January 16th. Evercore ISI upgraded Ventas from an “in-line” rating to an “outperform” rating and set a $50.00 price objective for the company in a report on Monday, March 18th. Finally, Mizuho raised their price objective on Ventas from $53.00 to $56.00 and gave the company a “buy” rating in a report on Wednesday, January 3rd. One research analyst has rated the stock with a sell rating, three have issued a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $51.43.

View Our Latest Stock Report on VTR

Ventas Trading Up 0.8 %

Shares of NYSE:VTR opened at $43.54 on Friday. 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 $17.52 billion, a PE ratio of -395.78, a P/E/G ratio of 2.36 and a beta of 1.26. The business has a 50 day moving average of $44.66 and a 200-day moving average of $44.97. 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 Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 18th. Stockholders of record on Monday, April 1st will be issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 4.13%. The ex-dividend date is Thursday, March 28th. Ventas’s dividend payout ratio is presently -1,636.21%.

Ventas Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Ventas (NYSE:VTR)

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