Everence Capital Management Inc. Has $566,000 Stake in Ventas, Inc. (NYSE:VTR)

Everence Capital Management Inc. reduced its stake in shares of Ventas, Inc. (NYSE:VTR) by 14.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 9,610 shares of the real estate investment trust’s stock after selling 1,660 shares during the quarter. Everence Capital Management Inc.’s holdings in Ventas were worth $566,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Ventas by 862.7% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,932,017 shares of the real estate investment trust’s stock valued at $252,160,000 after buying an additional 3,523,594 shares during the period. Massachusetts Financial Services Co. MA raised its holdings in shares of Ventas by 105.2% during the third quarter. Massachusetts Financial Services Co. MA now owns 5,420,322 shares of the real estate investment trust’s stock worth $347,605,000 after acquiring an additional 2,778,408 shares in the last quarter. FMR LLC grew its stake in Ventas by 4.4% in the third quarter. FMR LLC now owns 23,364,810 shares of the real estate investment trust’s stock valued at $1,498,385,000 after purchasing an additional 982,795 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Ventas by 2.2% in the third quarter. JPMorgan Chase & Co. now owns 27,557,480 shares of the real estate investment trust’s stock valued at $1,767,261,000 after purchasing an additional 599,600 shares in the last quarter. Finally, Zurich Insurance Group Ltd FI raised its stake in shares of Ventas by 217.4% during the 2nd quarter. Zurich Insurance Group Ltd FI now owns 856,525 shares of the real estate investment trust’s stock worth $43,905,000 after purchasing an additional 586,676 shares in the last quarter. 94.18% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently commented on VTR. Wedbush reissued an “outperform” rating and issued a $75.00 price target on shares of Ventas in a research note on Thursday, December 19th. Evercore ISI boosted their target price on shares of Ventas from $64.00 to $70.00 and gave the stock an “outperform” rating in a research report on Monday, September 16th. Robert W. Baird raised their price target on shares of Ventas from $65.00 to $66.00 and gave the company a “neutral” rating in a report on Friday, December 20th. StockNews.com upgraded shares of Ventas from a “sell” rating to a “hold” rating in a report on Saturday, December 21st. Finally, Scotiabank raised their target price on Ventas from $59.00 to $65.00 and gave the company a “sector perform” rating in a report on Friday, October 11th. Three analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $65.67.

Ventas Trading Up 0.6 %

Ventas stock opened at $58.31 on Friday. The business’s 50-day simple moving average is $62.14 and its 200-day simple moving average is $59.89. Ventas, Inc. has a 52 week low of $41.45 and a 52 week high of $67.61. The firm has a market capitalization of $24.46 billion, a PE ratio of -342.98, a PEG ratio of 2.78 and a beta of 1.37. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.04 and a current ratio of 1.04.

Ventas Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 16th. Stockholders of record on Tuesday, December 31st will be given a $0.45 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $1.80 annualized dividend and a dividend yield of 3.09%. Ventas’s dividend payout ratio is -1,058.82%.

Insider Transactions at Ventas

In other Ventas news, CEO Debra A. Cafaro sold 6,004 shares of the stock in a transaction on Friday, October 25th. The shares were sold at an average price of $66.11, for a total value of $396,924.44. Following the completion of the sale, the chief executive officer now directly owns 986,717 shares of the company’s stock, valued at $65,231,860.87. This represents a 0.60 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.00% of the stock is currently owned by corporate insiders.

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.