Heirloom Wealth Management Makes New $200,000 Investment in Ventas, Inc. (NYSE:VTR)

Heirloom Wealth Management acquired a new position in shares of Ventas, Inc. (NYSE:VTR) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 4,018 shares of the real estate investment trust’s stock, valued at approximately $200,000.

Several other institutional investors also recently bought and sold shares of VTR. Greenleaf Trust lifted its position in shares of Ventas by 38.7% during the fourth quarter. Greenleaf Trust now owns 15,204 shares of the real estate investment trust’s stock worth $758,000 after purchasing an additional 4,240 shares in the last quarter. Federated Hermes Inc. lifted its position in shares of Ventas by 161.0% during the fourth quarter. Federated Hermes Inc. now owns 4,604 shares of the real estate investment trust’s stock worth $229,000 after purchasing an additional 2,840 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt lifted its position in shares of Ventas by 73.5% during the fourth quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 1,480 shares of the real estate investment trust’s stock worth $74,000 after purchasing an additional 627 shares in the last quarter. Marino Stram & Associates LLC lifted its position in shares of Ventas by 2.2% during the fourth quarter. Marino Stram & Associates LLC now owns 16,259 shares of the real estate investment trust’s stock worth $810,000 after purchasing an additional 350 shares in the last quarter. Finally, SVB Wealth LLC lifted its position in shares of Ventas by 7.6% during the fourth quarter. SVB Wealth LLC now owns 6,038 shares of the real estate investment trust’s stock worth $301,000 after purchasing an additional 424 shares in the last quarter. 94.18% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently commented on VTR shares. Evercore ISI raised shares of Ventas from an “in-line” rating to an “outperform” rating and set a $50.00 target price on the stock in a research report on Monday, March 18th. Wells Fargo & Company reissued an “equal weight” rating and set a $46.00 target price (down from $52.00) on shares of Ventas in a research report on Monday, February 26th. StockNews.com cut shares of Ventas from a “hold” rating to a “sell” rating in a research report on Tuesday, February 13th. 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. Finally, 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. One analyst has rated the stock with a sell rating, three have given a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $51.54.

Ventas Stock Performance

Shares of NYSE:VTR traded up $0.49 on Friday, reaching $43.13. 1,688,739 shares of the company’s stock were exchanged, compared to its average volume of 2,406,998. The firm has a market capitalization of $17.43 billion, a price-to-earnings ratio of -392.09, a PEG ratio of 2.35 and a beta of 1.26. Ventas, Inc. has a fifty-two week low of $39.33 and a fifty-two week high of $50.99. The business’s 50-day moving average is $43.34 and its two-hundred day moving average is $44.96. 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 Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 18th. Shareholders of record on Monday, April 1st were issued a dividend of $0.45 per share. The ex-dividend date of this dividend was Thursday, March 28th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 4.17%. Ventas’s dividend payout ratio (DPR) is -1,636.36%.

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.