Victory Capital Management Inc. Sells 242,401 Shares of Ventas, Inc. (NYSE:VTR)

Victory Capital Management Inc. decreased its stake in Ventas, Inc. (NYSE:VTRGet Rating) by 50.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 238,131 shares of the real estate investment trust’s stock after selling 242,401 shares during the period. Victory Capital Management Inc. owned 0.06% of Ventas worth $12,338,000 as of its most recent filing with the SEC.

Other hedge funds have also added to or reduced their stakes in the company. MV Capital Management Inc. raised its position in Ventas by 923.2% in the fourth quarter. MV Capital Management Inc. now owns 573 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 517 shares during the period. Fairfield Bush & CO. bought a new stake in Ventas in the first quarter worth about $41,000. Belpointe Asset Management LLC bought a new stake in Ventas in the fourth quarter worth about $32,000. Hollencrest Capital Management bought a new stake in Ventas in the fourth quarter worth about $34,000. Finally, Luken Investment Analytics LLC bought a new stake in Ventas in the fourth quarter worth about $41,000. Institutional investors own 91.28% of the company’s stock.

Ventas Stock Performance

Ventas stock opened at $44.50 on Wednesday. The firm’s 50 day simple moving average is $44.92 and its 200 day simple moving average is $46.52. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 1.23. The firm has a market capitalization of $17.80 billion, a PE ratio of -247.21, a price-to-earnings-growth ratio of 1.86 and a beta of 1.19. Ventas, Inc. has a 1-year low of $35.33 and a 1-year high of $58.24.

Ventas Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 13th. Stockholders of record on Monday, July 3rd will be given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 4.04%. The ex-dividend date is Friday, June 30th. Ventas’s dividend payout ratio (DPR) is currently -999.94%.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on VTR. KeyCorp lowered their price target on shares of Ventas from $56.00 to $55.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 1st. Wells Fargo & Company began coverage on shares of Ventas in a research report on Wednesday, April 19th. They issued an “overweight” rating and a $50.00 price target on the stock. Barclays lowered their price target on shares of Ventas from $57.00 to $55.00 in a research report on Tuesday, April 25th. Royal Bank of Canada lowered their price target on shares of Ventas from $56.00 to $54.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 5th. Finally, StockNews.com raised shares of Ventas from a “sell” rating to a “hold” rating in a research report on Thursday, May 11th. Three research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat, Ventas has an average rating of “Moderate Buy” and an average target price of $54.92.

Ventas Profile

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Ventas, Inc engages in the acquisition and ownership of seniors housing and healthcare properties. It operates through the following segments: Triple-Net Leased Properties, Senior Housing Operating Portfolio (SHOP), and Office Operations. The Triple-Net Leased Properties segment invests in and owns senior housing and healthcare properties.

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Institutional Ownership by Quarter for Ventas (NYSE:VTR)

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