Choreo LLC Sells 1,415 Shares of Ventas, Inc. (NYSE:VTR)

Choreo LLC lowered its stake in shares of Ventas, Inc. (NYSE:VTR) by 13.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,954 shares of the real estate investment trust’s stock after selling 1,415 shares during the period. Choreo LLC’s holdings in Ventas were worth $524,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. ST Germain D J Co. Inc. acquired a new position in Ventas during the 4th quarter worth approximately $27,000. Harbor Capital Advisors Inc. increased its holdings in shares of Ventas by 66.2% during the fourth quarter. Harbor Capital Advisors Inc. now owns 527 shares of the real estate investment trust’s stock valued at $31,000 after acquiring an additional 210 shares in the last quarter. New Wave Wealth Advisors LLC acquired a new position in shares of Ventas during the fourth quarter worth approximately $41,000. Global X Japan Co. Ltd. bought a new position in shares of Ventas in the 3rd quarter worth $48,000. Finally, Morse Asset Management Inc acquired a new stake in Ventas in the 3rd quarter valued at $64,000. Institutional investors own 94.18% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. StockNews.com upgraded shares of Ventas from a “sell” rating to a “hold” rating in a report on Friday, January 17th. Scotiabank upped their target price on shares of Ventas from $68.00 to $69.00 and gave the stock a “sector perform” rating in a report on Monday, January 27th. Mizuho cut their price target on Ventas from $71.00 to $68.00 and set an “outperform” rating for the company in a research note on Thursday, December 5th. Baird R W raised Ventas from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 17th. Finally, Wedbush restated an “outperform” rating and issued a $75.00 target price on shares of Ventas in a report on Thursday, December 19th. Two analysts have rated the stock with a hold rating, six have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $68.71.

Ventas Price Performance

Ventas stock opened at $59.56 on Wednesday. Ventas, Inc. has a 52 week low of $41.45 and a 52 week high of $67.61. The company’s 50 day moving average price is $59.55 and its two-hundred day moving average price is $61.37. The stock has a market cap of $24.99 billion, a P/E ratio of -350.33, a P/E/G ratio of 2.62 and a beta of 1.37. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.39.

Ventas Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 16th. Shareholders of record on Tuesday, December 31st were given a $0.45 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $1.80 annualized dividend and a yield of 3.02%. Ventas’s dividend payout ratio is currently -1,058.76%.

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.