Mackenzie Financial Corp Sells 24,456 Shares of Ventas, Inc. (NYSE:VTR)

Mackenzie Financial Corp reduced its holdings in shares of Ventas, Inc. (NYSE:VTR) by 10.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 211,413 shares of the real estate investment trust’s stock after selling 24,456 shares during the quarter. Mackenzie Financial Corp owned 0.05% of Ventas worth $10,537,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. International Assets Investment Management LLC grew its holdings in shares of Ventas by 4,831.0% during the fourth quarter. International Assets Investment Management LLC now owns 231,856 shares of the real estate investment trust’s stock valued at $11,556,000 after buying an additional 227,154 shares during the last quarter. California Public Employees Retirement System grew its holdings in shares of Ventas by 1.2% during the third quarter. California Public Employees Retirement System now owns 776,160 shares of the real estate investment trust’s stock valued at $32,700,000 after buying an additional 9,194 shares during the last quarter. Mutual of America Capital Management LLC grew its holdings in shares of Ventas by 10.4% during the fourth quarter. Mutual of America Capital Management LLC now owns 86,912 shares of the real estate investment trust’s stock valued at $4,332,000 after buying an additional 8,199 shares during the last quarter. SG Americas Securities LLC grew its holdings in shares of Ventas by 114.9% during the fourth quarter. SG Americas Securities LLC now owns 47,578 shares of the real estate investment trust’s stock valued at $2,371,000 after buying an additional 25,442 shares during the last quarter. Finally, Ingalls & Snyder LLC acquired a new position in shares of Ventas during the fourth quarter valued at about $211,000. 94.18% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on VTR shares. Evercore ISI upgraded shares of Ventas from an “in-line” rating to an “outperform” rating and set a $50.00 price objective for the company in a report on Monday, March 18th. Wells Fargo & Company restated an “equal weight” rating and set a $46.00 price target (down from $52.00) on shares of Ventas in a report on Monday, February 26th. StockNews.com cut shares of Ventas from a “hold” rating to a “sell” rating in a report on Tuesday, February 13th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Ventas in a report on Tuesday, January 30th. They set a “buy” rating and a $60.00 price target on the stock. Finally, Mizuho boosted their price target on shares of Ventas from $53.00 to $56.00 and gave the stock a “buy” rating in a report on Wednesday, January 3rd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and nine have given a buy rating to the stock. According to MarketBeat, Ventas presently has an average rating of “Moderate Buy” and an average target price of $51.54.

Ventas Stock Performance

Shares of VTR stock opened at $43.13 on Friday. The firm has a market cap of $17.43 billion, a price-to-earnings ratio of -392.06, a P/E/G ratio of 2.37 and a beta of 1.26. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.51 and a current ratio of 0.51. Ventas, Inc. has a 52 week low of $39.33 and a 52 week high of $50.99. The firm’s 50-day simple moving average is $43.34 and its two-hundred day simple moving average is $44.96.

Ventas Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 18th. Shareholders of record on Monday, April 1st were given a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 4.17%. The ex-dividend date was Thursday, March 28th. Ventas’s dividend payout ratio is -1,636.21%.

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.