Mackenzie Financial Corp Raises Stock Position in Ventas, Inc. (NYSE:VTR)

Mackenzie Financial Corp increased its stake in Ventas, Inc. (NYSE:VTR) by 27.9% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 29,093 shares of the real estate investment trust’s stock after purchasing an additional 6,344 shares during the period. Mackenzie Financial Corp’s holdings in Ventas were worth $1,606,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Financial Insights Inc. acquired a new stake in Ventas during the 2nd quarter valued at approximately $26,000. MUFG Americas Holdings Corp acquired a new position in shares of Ventas in the 3rd quarter valued at $27,000. US Asset Management LLC acquired a new position in shares of Ventas in the 3rd quarter valued at $29,000. Allworth Financial LP lifted its stake in shares of Ventas by 24.3% in the 3rd quarter. Allworth Financial LP now owns 1,040 shares of the real estate investment trust’s stock valued at $57,000 after purchasing an additional 203 shares during the period. Finally, Berman Capital Advisors LLC lifted its stake in shares of Ventas by 30.0% in the 2nd quarter. Berman Capital Advisors LLC now owns 1,149 shares of the real estate investment trust’s stock valued at $65,000 after purchasing an additional 265 shares during the period. Institutional investors own 92.82% of the company’s stock.

Several equities analysts recently issued reports on VTR shares. Morgan Stanley started coverage on shares of Ventas in a research note on Monday, October 4th. They issued an “equal weight” rating and a $60.00 target price for the company. Sumitomo Mitsui Financial Group cut shares of Ventas from an “outperform” rating to a “neutral” rating and set a $55.00 target price for the company. in a research note on Monday, November 22nd. Capital One Financial reiterated an “equal weight” rating on shares of Ventas in a research note on Friday, November 5th. Raymond James decreased their target price on shares of Ventas from $67.00 to $60.00 and set a “strong-buy” rating for the company in a research note on Monday, January 10th. Finally, Citigroup raised shares of Ventas from a “neutral” rating to a “buy” rating and set a $63.00 price target for the company in a report on Tuesday, December 14th. Eight equities research 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 data from MarketBeat, Ventas presently has an average rating of “Buy” and a consensus price target of $60.19.

VTR opened at $52.93 on Friday. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.59 and a quick ratio of 0.59. The company’s 50 day simple moving average is $50.84 and its two-hundred day simple moving average is $54.64. Ventas, Inc. has a 1-year low of $45.40 and a 1-year high of $61.09. The firm has a market capitalization of $21.13 billion, a price-to-earnings ratio of 99.87, a price-to-earnings-growth ratio of 4.67 and a beta of 1.23.

Ventas (NYSE:VTR) last released its quarterly earnings results on Friday, November 5th. The real estate investment trust reported $0.16 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.05 by $0.11. The firm had revenue of $976.10 million for the quarter, compared to analyst estimates of $924.40 million. Ventas had a net margin of 5.38% and a return on equity of 1.93%. The business’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.75 EPS. On average, equities analysts anticipate that Ventas, Inc. will post 2.87 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 19th. Stockholders of record on Monday, January 3rd will be given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 3.40%. The ex-dividend date is Friday, December 31st. Ventas’s payout ratio is presently 339.63%.

Ventas Profile

Ventas, Inc engages in the acquisition and ownership of seniors housing and healthcare properties. The company invests in seniors housing and healthcare properties through acquisitions and leases its properties to unaffiliated tenants or operate them through independent third-party managers. It operates through the following segments: Triple-Net Leased Properties, Senior Living Operations, and Office Operations.

Featured Article: CD Ladder

Want to see what other hedge funds are holding VTR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ventas, Inc. (NYSE:VTR).

Institutional Ownership by Quarter for Ventas (NYSE:VTR)

Receive News & Ratings for Ventas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ventas and related companies with MarketBeat.com's FREE daily email newsletter.