Czech National Bank grew its holdings in shares of Ventas, Inc. (NYSE:VTR – Free Report) by 0.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 47,358 shares of the real estate investment trust’s stock after acquiring an additional 236 shares during the quarter. Czech National Bank’s holdings in Ventas were worth $2,239,000 at the end of the most recent quarter.
Several other institutional investors have also recently bought and sold shares of VTR. Belpointe Asset Management LLC acquired a new position in Ventas during the fourth quarter worth about $32,000. Ahrens Investment Partners LLC acquired a new position in shares of Ventas in the first quarter valued at approximately $34,000. Massmutual Trust Co. FSB ADV increased its stake in shares of Ventas by 53.8% in the first quarter. Massmutual Trust Co. FSB ADV now owns 806 shares of the real estate investment trust’s stock valued at $35,000 after buying an additional 282 shares during the period. GPS Wealth Strategies Group LLC acquired a new position in shares of Ventas in the first quarter valued at approximately $35,000. Finally, Fairfield Bush & CO. acquired a new position in shares of Ventas in the first quarter valued at approximately $41,000. Institutional investors and hedge funds own 93.48% of the company’s stock.
Analysts Set New Price Targets
VTR has been the subject of several recent research reports. Bank of America downgraded Ventas from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $54.00 to $48.00 in a research note on Friday, August 11th. Raymond James raised Ventas from an “outperform” rating to a “strong-buy” rating and set a $55.00 price objective for the company in a research note on Friday, June 23rd. Mizuho decreased their target price on shares of Ventas from $60.00 to $53.00 in a research report on Tuesday, May 30th. JPMorgan Chase & Co. decreased their target price on shares of Ventas from $49.00 to $48.00 and set a “neutral” rating for the company in a research report on Wednesday, August 30th. Finally, Morgan Stanley increased their target price on shares of Ventas from $45.00 to $47.00 and gave the company an “equal weight” rating in a research report on Thursday, September 7th. Five equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $51.27.
Ventas Price Performance
Ventas stock opened at $43.69 on Tuesday. The stock has a market capitalization of $17.58 billion, a price-to-earnings ratio of 229.96, a PEG ratio of 2.12 and a beta of 1.21. Ventas, Inc. has a 52-week low of $35.33 and a 52-week high of $53.15. The stock’s 50 day moving average price is $45.23 and its two-hundred day moving average price is $45.32. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.20 and a current ratio of 0.20.
Ventas Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 12th. Shareholders of record on Monday, October 2nd 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 4.12%. The ex-dividend date is Friday, September 29th. Ventas’s payout ratio is 947.42%.
About Ventas
Ventas Inc, an S&P 500 company, operates at the intersection of two large and dynamic industries healthcare and real estate. Fueled by powerful demographic demand from growth in the aging population, Ventas owns or has investments in a highly diversified portfolio of approximately 1,400 properties in the United States, Canada, and the United Kingdom.
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