Tandem Capital Management Corp ADV Sells 655 Shares of Ventas, Inc. (NYSE:VTR)

Tandem Capital Management Corp ADV lessened its stake in Ventas, Inc. (NYSE:VTR) by 1.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 45,927 shares of the real estate investment trust’s stock after selling 655 shares during the quarter. Ventas makes up 1.4% of Tandem Capital Management Corp ADV’s holdings, making the stock its 21st biggest position. Tandem Capital Management Corp ADV’s holdings in Ventas were worth $2,289,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in VTR. Deutsche Bank AG boosted its holdings 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 buying an additional 2,443,076 shares during the last quarter. Resolution Capital Ltd acquired a new stake in shares of Ventas in the 3rd quarter valued at approximately $77,297,000. FMR LLC boosted its holdings in shares of Ventas by 7.1% in the 3rd quarter. FMR LLC now owns 22,246,452 shares of the real estate investment trust’s stock valued at $937,243,000 after buying an additional 1,483,908 shares during the last quarter. Rush Island Management LP acquired a new stake in shares of Ventas in the 3rd quarter valued at approximately $56,815,000. Finally, Strs Ohio lifted its holdings in Ventas by 196.2% during the 3rd 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 during the last quarter. Institutional investors and hedge funds own 94.18% of the company’s stock.

Ventas Price Performance

Shares of NYSE VTR traded down $0.25 during mid-day trading on Thursday, reaching $43.36. The company had a trading volume of 1,161,258 shares, compared to its average volume of 2,370,313. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.51 and a current ratio of 0.51. Ventas, Inc. has a one year low of $39.33 and a one year high of $50.99. The firm has a market cap of $17.52 billion, a price-to-earnings ratio of -394.15, a PEG ratio of 2.42 and a beta of 1.26. The business’s 50-day simple moving average is $43.22 and its 200 day simple moving average is $45.05.

Ventas Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 18th. Investors of record on Monday, April 1st were given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 4.15%. The ex-dividend date of this dividend was Thursday, March 28th. Ventas’s payout ratio is currently -1,636.21%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. Mizuho raised their price target on Ventas from $53.00 to $56.00 and gave the company a “buy” rating in a report on Wednesday, January 3rd. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $46.00 price target (down previously from $52.00) on shares of Ventas in a report on Monday, February 26th. Deutsche Bank Aktiengesellschaft assumed coverage on Ventas in a report on Tuesday, January 30th. They set a “buy” rating and a $60.00 price target for the company. StockNews.com downgraded Ventas from a “hold” rating to a “sell” rating in a report on Tuesday, February 13th. Finally, Bank of America raised Ventas from a “neutral” rating to a “buy” rating and raised 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 issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $51.54.

Ventas Company 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.