Aew Capital Management L P Cuts Stock Position in Ventas, Inc. (NYSE:VTR)

Aew Capital Management L P decreased its position in Ventas, Inc. (NYSE:VTR) by 21.7% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 1,898,187 shares of the real estate investment trust’s stock after selling 524,560 shares during the period. Ventas comprises approximately 3.4% of Aew Capital Management L P’s portfolio, making the stock its 10th biggest holding. Aew Capital Management L P owned about 0.47% of Ventas worth $94,606,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. State of New Jersey Common Pension Fund D boosted its holdings in Ventas by 0.9% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 542,819 shares of the real estate investment trust’s stock valued at $27,054,000 after acquiring an additional 4,643 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. boosted its holdings in Ventas by 2.9% in the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 10,584 shares of the real estate investment trust’s stock valued at $528,000 after acquiring an additional 295 shares in the last quarter. GAMMA Investing LLC bought a new stake in Ventas in the fourth quarter valued at $210,000. Illinois Municipal Retirement Fund boosted its holdings in Ventas by 60.2% in the fourth quarter. Illinois Municipal Retirement Fund now owns 116,957 shares of the real estate investment trust’s stock valued at $5,829,000 after acquiring an additional 43,951 shares in the last quarter. Finally, OLD National Bancorp IN bought a new stake in Ventas in the fourth quarter valued at $6,046,000. Institutional investors own 94.18% of the company’s stock.

Wall Street Analysts Forecast Growth

VTR has been the subject of several recent analyst reports. StockNews.com lowered Ventas from a “hold” rating to a “sell” rating in a research report on Tuesday, February 13th. Deutsche Bank Aktiengesellschaft initiated coverage on Ventas in a research report on Tuesday, January 30th. They issued a “buy” rating and a $60.00 price target for the company. Bank of America raised Ventas from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $48.00 to $53.00 in a research report on Tuesday, January 16th. Wells Fargo & Company reissued an “equal weight” rating and issued a $46.00 target price (down previously from $52.00) on shares of Ventas in a research report on Monday, February 26th. Finally, Mizuho boosted their target price on Ventas from $53.00 to $56.00 and gave the stock a “buy” rating in a research report on Wednesday, January 3rd. One investment 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. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $51.25.

Ventas Stock Performance

Shares of NYSE:VTR traded up $0.65 during mid-day trading on Friday, reaching $44.01. 1,899,133 shares of the company traded hands, compared to its average volume of 2,364,493. The company’s 50 day moving average price is $43.23 and its 200-day moving average price is $45.07. The firm has a market cap of $17.78 billion, a PE ratio of -400.01, a PEG ratio of 2.43 and a beta of 1.26. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.51 and a quick ratio of 0.51. Ventas, Inc. has a 52 week low of $39.33 and a 52 week high of $50.99.

Ventas Announces Dividend

The business 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. 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 4.09%. Ventas’s dividend payout ratio (DPR) is presently -1,636.21%.

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.