KPP Advisory Services LLC Invests $292,000 in Ventas, Inc. (NYSE:VTR)

KPP Advisory Services LLC purchased a new position in Ventas, Inc. (NYSE:VTR) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 4,960 shares of the real estate investment trust’s stock, valued at approximately $292,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Friedenthal Financial lifted its position in Ventas by 1,183.7% during the 3rd quarter. Friedenthal Financial now owns 12,773 shares of the real estate investment trust’s stock worth $819,000 after acquiring an additional 11,778 shares during the last quarter. Tandem Capital Management Corp ADV raised its holdings in shares of Ventas by 62.1% in the 3rd quarter. Tandem Capital Management Corp ADV now owns 27,730 shares of the real estate investment trust’s stock worth $1,778,000 after buying an additional 10,620 shares in the last quarter. Perpetual Ltd bought a new position in shares of Ventas during the third quarter valued at $544,000. Healthcare of Ontario Pension Plan Trust Fund lifted its holdings in Ventas by 7.9% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 332,300 shares of the real estate investment trust’s stock valued at $21,310,000 after purchasing an additional 24,300 shares during the last quarter. Finally, abrdn plc raised its stake in shares of Ventas by 28.7% in the third quarter. abrdn plc now owns 961,359 shares of the real estate investment trust’s stock valued at $61,878,000 after acquiring an additional 214,384 shares during the last quarter. Institutional investors and hedge funds own 94.18% of the company’s stock.

Ventas Price Performance

Shares of VTR opened at $61.30 on Tuesday. The stock has a market cap of $25.72 billion, a P/E ratio of -360.57, a P/E/G ratio of 2.61 and a beta of 1.37. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.39. Ventas, Inc. has a 12-month low of $41.45 and a 12-month high of $67.61. The business’s fifty day moving average is $59.94 and its 200 day moving average is $61.06.

Ventas Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, January 16th. Stockholders of record on Tuesday, December 31st were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.94%. The ex-dividend date was Tuesday, December 31st. Ventas’s dividend payout ratio is currently -1,058.76%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on VTR shares. Scotiabank increased their price objective on Ventas from $68.00 to $69.00 and gave the company a “sector perform” rating in a research report on Monday, January 27th. StockNews.com raised shares of Ventas from a “sell” rating to a “hold” rating in a research report on Friday, January 17th. Mizuho decreased their price objective on Ventas from $71.00 to $68.00 and set an “outperform” rating for the company in a research report on Thursday, December 5th. Wedbush reaffirmed an “outperform” rating and issued a $75.00 target price on shares of Ventas in a research note on Thursday, December 19th. Finally, Robert W. Baird raised shares of Ventas from a “neutral” rating to an “outperform” rating and decreased their price target for the stock from $66.00 to $65.00 in a research note on Friday, January 17th. Two research analysts have rated the stock with a hold rating, six have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, Ventas has an average rating of “Buy” and a consensus target price of $68.71.

Ventas Profile

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.