abrdn plc Purchases 67,881 Shares of Ventas, Inc. (NYSE:VTR)

abrdn plc raised its stake in Ventas, Inc. (NYSE:VTR) by 9.9% during the fourth quarter, HoldingsChannel reports. The fund owned 751,648 shares of the real estate investment trust’s stock after buying an additional 67,881 shares during the period. abrdn plc’s holdings in Ventas were worth $37,462,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Bruce G. Allen Investments LLC purchased a new stake in shares of Ventas in the fourth quarter worth $25,000. Gradient Investments LLC grew its stake in shares of Ventas by 82.7% in the fourth quarter. Gradient Investments LLC now owns 718 shares of the real estate investment trust’s stock worth $36,000 after acquiring an additional 325 shares during the last quarter. Jones Financial Companies Lllp grew its stake in shares of Ventas by 151.1% in the third quarter. Jones Financial Companies Lllp now owns 796 shares of the real estate investment trust’s stock worth $34,000 after acquiring an additional 479 shares during the last quarter. Ronald Blue Trust Inc. grew its stake in shares of Ventas by 421.7% in the third quarter. Ronald Blue Trust Inc. now owns 986 shares of the real estate investment trust’s stock worth $42,000 after acquiring an additional 797 shares during the last quarter. Finally, NBC Securities Inc. purchased a new stake in shares of Ventas in the third quarter worth $44,000. 94.18% of the stock is owned by hedge funds and other institutional investors.

Ventas Price Performance

Shares of NYSE:VTR opened at $43.13 on Tuesday. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.51 and a quick ratio of 0.51. The stock’s 50-day simple moving average is $43.30 and its two-hundred day simple moving average is $45.04. Ventas, Inc. has a 52-week low of $39.33 and a 52-week high of $50.99.

Ventas Announces Dividend

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

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on VTR shares. Deutsche Bank Aktiengesellschaft started coverage on Ventas in a research report on Tuesday, January 30th. They set a “buy” rating and a $60.00 price objective on the stock. Evercore ISI raised Ventas from an “in-line” rating to an “outperform” rating and set a $50.00 price objective on the stock in a research report on Monday, March 18th. Bank of America raised Ventas from a “neutral” rating to a “buy” rating and increased their price objective for the company from $48.00 to $53.00 in a research report on Tuesday, January 16th. StockNews.com cut Ventas from a “hold” rating to a “sell” rating in a research report on Tuesday, February 13th. Finally, Wells Fargo & Company reaffirmed an “equal weight” rating and set a $46.00 price objective (down from $52.00) on shares of Ventas in a research report on Monday, February 26th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $51.54.

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.