Ventas, Inc. (NYSE:VTR) Shares Sold by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC reduced its stake in shares of Ventas, Inc. (NYSE:VTR) by 32.1% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 23,907 shares of the real estate investment trust’s stock after selling 11,290 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Ventas were worth $1,192,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VTR. Deutsche Bank AG grew its position in Ventas by 315.0% during the third quarter. Deutsche Bank AG now owns 3,218,555 shares of the real estate investment trust’s stock worth $135,598,000 after buying an additional 2,443,076 shares during the period. Resolution Capital Ltd acquired a new position in Ventas during the third quarter worth about $77,297,000. FMR LLC grew its position in Ventas by 7.1% during the third quarter. FMR LLC now owns 22,246,452 shares of the real estate investment trust’s stock worth $937,243,000 after buying an additional 1,483,908 shares during the period. Rush Island Management LP purchased a new stake in shares of Ventas in the third quarter valued at about $56,815,000. Finally, Strs Ohio lifted its holdings in shares of Ventas by 196.2% in the third quarter. Strs Ohio now owns 1,501,021 shares of the real estate investment trust’s stock valued at $63,238,000 after purchasing an additional 994,210 shares in the last quarter. 94.18% of the stock is currently owned by institutional investors and hedge funds.

Ventas Stock Performance

Shares of VTR opened at $43.55 on Wednesday. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.51 and a current ratio of 0.51. The company has a market capitalization of $17.60 billion, a price-to-earnings ratio of -395.91, a PEG ratio of 2.40 and a beta of 1.26. The company’s 50 day simple moving average is $43.28 and its 200 day simple moving average is $45.07. Ventas, Inc. has a 1 year low of $39.33 and a 1 year high of $50.99.

Ventas Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 18th. Investors of record on Monday, April 1st were paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 4.13%. The ex-dividend date was Thursday, March 28th. Ventas’s payout ratio is -1,636.36%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Ventas in a report on Tuesday, January 30th. They issued a “buy” rating and a $60.00 price target on the stock. Evercore ISI raised 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. Bank of America raised shares of Ventas from a “neutral” rating to a “buy” rating and upped their price target for the company from $48.00 to $53.00 in a report on Tuesday, January 16th. StockNews.com downgraded shares of Ventas from a “hold” rating to a “sell” rating in a report on Tuesday, February 13th. Finally, Wells Fargo & Company reaffirmed an “equal weight” rating and issued a $46.00 price target (down previously from $52.00) on shares of Ventas in a report on Monday, February 26th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $51.54.

About Ventas

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.