OLD National Bancorp IN Buys 6,080 Shares of Ventas, Inc. (NYSE:VTR)

OLD National Bancorp IN increased its stake in shares of Ventas, Inc. (NYSE:VTR) by 3.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 206,764 shares of the real estate investment trust’s stock after purchasing an additional 6,080 shares during the quarter. OLD National Bancorp IN’s holdings in Ventas were worth $12,176,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Ventas by 862.7% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,932,017 shares of the real estate investment trust’s stock valued at $252,160,000 after acquiring an additional 3,523,594 shares during the last quarter. Massachusetts Financial Services Co. MA grew its position in Ventas by 105.2% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,420,322 shares of the real estate investment trust’s stock valued at $347,605,000 after acquiring an additional 2,778,408 shares during the last quarter. FMR LLC grew its position in Ventas by 4.4% in the 3rd quarter. FMR LLC now owns 23,364,810 shares of the real estate investment trust’s stock valued at $1,498,385,000 after acquiring an additional 982,795 shares during the last quarter. JPMorgan Chase & Co. grew its position in Ventas by 2.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 27,557,480 shares of the real estate investment trust’s stock valued at $1,767,261,000 after acquiring an additional 599,600 shares during the last quarter. Finally, State Street Corp grew its position in Ventas by 2.2% in the 3rd quarter. State Street Corp now owns 26,671,227 shares of the real estate investment trust’s stock valued at $1,710,426,000 after acquiring an additional 581,870 shares during the last quarter. Institutional investors own 94.18% of the company’s stock.

Ventas Price Performance

Shares of NYSE VTR opened at $59.68 on Thursday. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.04 and a current ratio of 1.04. Ventas, Inc. has a 1-year low of $41.45 and a 1-year high of $67.61. The business has a fifty day moving average price of $60.18 and a 200 day moving average price of $60.92.

Ventas Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 16th. Investors of record on Tuesday, December 31st were paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 3.02%. The ex-dividend date of this dividend was Tuesday, December 31st. Ventas’s dividend payout ratio (DPR) is currently -1,058.76%.

Wall Street Analysts Forecast Growth

VTR has been the topic of several research analyst reports. Robert W. Baird raised Ventas from a “neutral” rating to an “outperform” rating and cut their price objective for the company from $66.00 to $65.00 in a research report on Friday, January 17th. Scotiabank upped their price objective on Ventas from $68.00 to $69.00 and gave the company a “sector perform” rating in a research report on Monday. Mizuho cut their price objective on Ventas from $71.00 to $68.00 and set an “outperform” rating on the stock in a research report on Thursday, December 5th. Baird R W raised Ventas from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 17th. Finally, Wedbush reissued an “outperform” rating and set a $75.00 price target on shares of Ventas in a research report on Thursday, December 19th. Two research analysts have rated the stock with a hold rating, seven have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, Ventas currently has an average rating of “Buy” and a consensus target price of $67.63.

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.