Texas Permanent School Fund Lowers Stake in Ventas, Inc. (VTR)

Texas Permanent School Fund lessened its holdings in Ventas, Inc. (NYSE:VTR) by 8.0% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 80,016 shares of the real estate investment trust’s stock after selling 6,934 shares during the period. Texas Permanent School Fund’s holdings in Ventas were worth $4,351,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VTR. Centersquare Investment Management LLC raised its stake in shares of Ventas by 101.5% during the 2nd quarter. Centersquare Investment Management LLC now owns 3,952,742 shares of the real estate investment trust’s stock worth $225,108,000 after acquiring an additional 1,990,849 shares in the last quarter. Daiwa Securities Group Inc. raised its stake in shares of Ventas by 2,490.8% during the 2nd quarter. Daiwa Securities Group Inc. now owns 1,767,113 shares of the real estate investment trust’s stock worth $100,637,000 after acquiring an additional 1,698,907 shares in the last quarter. Adelante Capital Management LLC raised its stake in shares of Ventas by 800.7% during the 2nd quarter. Adelante Capital Management LLC now owns 954,985 shares of the real estate investment trust’s stock worth $54,386,000 after acquiring an additional 848,960 shares in the last quarter. Federated Investors Inc. PA raised its stake in shares of Ventas by 14.7% during the 2nd quarter. Federated Investors Inc. PA now owns 6,478,668 shares of the real estate investment trust’s stock worth $368,960,000 after acquiring an additional 828,577 shares in the last quarter. Finally, Los Angeles Capital Management & Equity Research Inc. bought a new position in shares of Ventas during the 2nd quarter worth approximately $32,028,000. Hedge funds and other institutional investors own 84.35% of the company’s stock.

Several research analysts recently commented on VTR shares. Jefferies Financial Group reiterated a “$57.33” rating and set a $61.00 price objective on shares of Ventas in a research note on Wednesday, July 18th. TheStreet upgraded shares of Ventas from a “c+” rating to a “b-” rating in a research note on Thursday, July 5th. Royal Bank of Canada set a $61.00 price target on shares of Ventas and gave the company a “buy” rating in a research note on Tuesday, July 31st. ValuEngine upgraded shares of Ventas from a “sell” rating to a “hold” rating in a research note on Wednesday, October 17th. Finally, SunTrust Banks restated a “hold” rating and set a $58.00 price target on shares of Ventas in a research note on Tuesday, July 31st. Four equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $55.33.



In other news, EVP T Richard Riney sold 13,708 shares of the stock in a transaction on Friday, August 31st. The shares were sold at an average price of $60.00, for a total value of $822,480.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 1.40% of the stock is owned by corporate insiders.

Shares of Ventas stock opened at $56.79 on Monday. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 0.97. Ventas, Inc. has a 12-month low of $46.55 and a 12-month high of $65.72. The company has a market cap of $20.24 billion, a price-to-earnings ratio of 13.65, a P/E/G ratio of 3.87 and a beta of 0.13.

Ventas (NYSE:VTR) last issued its quarterly earnings results on Friday, October 26th. The real estate investment trust reported $0.99 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.97 by $0.02. The business had revenue of $936.54 million for the quarter, compared to analyst estimates of $920.19 million. Ventas had a net margin of 34.00% and a return on equity of 5.02%. Ventas’s revenue for the quarter was up 4.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.71 EPS. Research analysts forecast that Ventas, Inc. will post 4.06 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 12th. Stockholders of record on Monday, October 1st were paid a $0.79 dividend. The ex-dividend date of this dividend was Friday, September 28th. This represents a $3.16 dividend on an annualized basis and a dividend yield of 5.56%. Ventas’s payout ratio is currently 75.96%.

Ventas Profile

Ventas, Inc, an S&P 500 company, is a leading real estate investment trust. Its diverse portfolio of approximately 1,200 assets in the United States, Canada and the United Kingdom consists of seniors housing communities, medical office buildings, life science and innovation centers, inpatient rehabilitation and long-term acute care facilities, health systems and skilled nursing facilities.

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Institutional Ownership by Quarter for Ventas (NYSE:VTR)

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