Harbor Capital Advisors Inc. Buys 210 Shares of Ventas, Inc. (NYSE:VTR)

Harbor Capital Advisors Inc. boosted its stake in shares of Ventas, Inc. (NYSE:VTR) by 66.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 527 shares of the real estate investment trust’s stock after purchasing an additional 210 shares during the quarter. Harbor Capital Advisors Inc.’s holdings in Ventas were worth $31,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the stock. ST Germain D J Co. Inc. acquired a new position in shares of Ventas during the fourth quarter valued at about $27,000. Nordea Investment Management AB grew its position in Ventas by 4.8% during the fourth quarter. Nordea Investment Management AB now owns 29,933 shares of the real estate investment trust’s stock worth $1,756,000 after buying an additional 1,369 shares in the last quarter. GAMMA Investing LLC increased its stake in Ventas by 12.9% during the fourth quarter. GAMMA Investing LLC now owns 8,299 shares of the real estate investment trust’s stock valued at $489,000 after acquiring an additional 950 shares during the period. JPMorgan Chase & Co. raised its holdings in Ventas by 2.2% in the 3rd 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 acquiring an additional 599,600 shares in the last quarter. Finally, Franklin Resources Inc. lifted its position in shares of Ventas by 11.5% in the 3rd quarter. Franklin Resources Inc. now owns 1,252,460 shares of the real estate investment trust’s stock worth $80,070,000 after acquiring an additional 128,945 shares during the period. 94.18% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on VTR shares. Robert W. Baird boosted their price objective on Ventas from $65.00 to $66.00 and gave the company a “neutral” rating in a research report on Friday, December 20th. Scotiabank lifted their price target on shares of Ventas from $59.00 to $65.00 and gave the stock a “sector perform” rating in a research note on Friday, October 11th. StockNews.com cut shares of Ventas from a “hold” rating to a “sell” rating in a research note on Thursday, January 9th. Wedbush reiterated an “outperform” rating and set a $75.00 target price on shares of Ventas in a research report on Thursday, December 19th. Finally, Mizuho lowered their target price on shares of Ventas from $71.00 to $68.00 and set an “outperform” rating on the stock in a research note on Thursday, December 5th. One analyst has rated the stock with a sell rating, two have given a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Ventas has an average rating of “Moderate Buy” and an average target price of $65.67.

Insider Activity

In related news, CEO Debra A. Cafaro sold 6,004 shares of the business’s stock in a transaction that occurred 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 transaction, the chief executive officer now owns 986,717 shares in the company, valued at $65,231,860.87. The trade was a 0.60 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 1.00% of the stock is currently owned by corporate insiders.

Ventas Trading Down 0.1 %

Shares of Ventas stock opened at $58.02 on Thursday. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.39. The stock has a market capitalization of $24.34 billion, a P/E ratio of -341.27, a price-to-earnings-growth ratio of 2.78 and a beta of 1.37. Ventas, Inc. has a 12-month low of $41.45 and a 12-month high of $67.61. The company has a 50-day simple moving average of $61.10 and a 200 day simple moving average of $60.39.

Ventas Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 16th. Investors of record on Tuesday, December 31st will be given a dividend of $0.45 per share. The ex-dividend date is Tuesday, December 31st. This represents a $1.80 dividend on an annualized basis and a yield of 3.10%. Ventas’s dividend payout ratio (DPR) is presently -1,058.82%.

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.