PFG Investments LLC Has $488,000 Stake in Ventas, Inc. (NYSE:VTR)

PFG Investments LLC reduced its position in shares of Ventas, Inc. (NYSE:VTR) by 13.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,202 shares of the real estate investment trust’s stock after selling 1,779 shares during the quarter. PFG Investments LLC’s holdings in Ventas were worth $488,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Czech National Bank lifted its position in shares of Ventas by 48.7% in the third quarter. Czech National Bank now owns 70,425 shares of the real estate investment trust’s stock worth $2,967,000 after purchasing an additional 23,067 shares in the last quarter. Handelsbanken Fonder AB lifted its position in Ventas by 2.2% in the 3rd quarter. Handelsbanken Fonder AB now owns 262,957 shares of the real estate investment trust’s stock worth $11,078,000 after buying an additional 5,564 shares in the last quarter. Manning & Napier Group LLC boosted its stake in shares of Ventas by 0.7% during the 3rd quarter. Manning & Napier Group LLC now owns 109,727 shares of the real estate investment trust’s stock valued at $4,623,000 after buying an additional 735 shares during the period. Commonwealth Equity Services LLC grew its holdings in shares of Ventas by 2.1% during the 3rd quarter. Commonwealth Equity Services LLC now owns 61,041 shares of the real estate investment trust’s stock valued at $2,572,000 after acquiring an additional 1,262 shares in the last quarter. Finally, Busey Trust CO increased its stake in shares of Ventas by 2.2% in the third quarter. Busey Trust CO now owns 89,192 shares of the real estate investment trust’s stock worth $3,758,000 after acquiring an additional 1,909 shares during the last quarter. Hedge funds and other institutional investors own 94.18% of the company’s stock.

Ventas Stock Performance

Shares of NYSE VTR traded up $0.67 during trading hours on Monday, hitting $44.68. 1,919,581 shares of the company’s stock were exchanged, compared to its average volume of 2,359,071. The stock has a market capitalization of $18.05 billion, a price-to-earnings ratio of -406.10, a PEG ratio of 2.45 and a beta of 1.26. The company’s 50-day moving average price is $43.25 and its 200-day moving average price is $45.12. 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 1-year low of $39.33 and a 1-year high of $50.99.

Ventas Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 18th. Stockholders of record on Monday, April 1st were paid a $0.45 dividend. The ex-dividend date of this dividend was Thursday, March 28th. This represents a $1.80 annualized dividend and a dividend yield of 4.03%. Ventas’s payout ratio is -1,636.21%.

Analysts Set New Price Targets

VTR has been the subject of several recent research reports. Bank of America upgraded Ventas from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $48.00 to $53.00 in a report on Tuesday, January 16th. Evercore ISI raised Ventas from an “in-line” rating to an “outperform” rating and set a $50.00 price target for the company in a research note on Monday, March 18th. Wells Fargo & Company reissued an “equal weight” rating and issued a $46.00 price target (down previously from $52.00) on shares of Ventas in a research note on Monday, February 26th. StockNews.com lowered shares of Ventas from a “hold” rating to a “sell” rating in a research note on Tuesday, February 13th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of Ventas in a research report on Tuesday, January 30th. They set a “buy” rating and a $60.00 target price on the stock. One research 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. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $51.25.

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.