Ventas, Inc. (NYSE:VTR) Stock Position Boosted by abrdn plc

abrdn plc lifted its stake in Ventas, Inc. (NYSE:VTR) by 13.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,092,561 shares of the real estate investment trust’s stock after acquiring an additional 131,202 shares during the period. abrdn plc owned 0.26% of Ventas worth $64,051,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Friedenthal Financial boosted its stake in shares of Ventas by 1,183.7% during the 3rd quarter. Friedenthal Financial now owns 12,773 shares of the real estate investment trust’s stock worth $819,000 after acquiring an additional 11,778 shares in the last quarter. Tandem Capital Management Corp ADV grew its position in Ventas by 62.1% in the third quarter. Tandem Capital Management Corp ADV now owns 27,730 shares of the real estate investment trust’s stock worth $1,778,000 after acquiring an additional 10,620 shares in the last quarter. Perpetual Ltd bought a new stake in Ventas in the third quarter worth $544,000. Healthcare of Ontario Pension Plan Trust Fund increased its position in Ventas by 7.9% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 332,300 shares of the real estate investment trust’s stock worth $21,310,000 after buying an additional 24,300 shares during the last quarter. Finally, Northwest & Ethical Investments L.P. boosted its stake in shares of Ventas by 480.7% during the 3rd quarter. Northwest & Ethical Investments L.P. now owns 26,214 shares of the real estate investment trust’s stock worth $1,681,000 after acquiring an additional 21,700 shares in the last quarter. 94.18% of the stock is owned by institutional investors and hedge funds.

Ventas Price Performance

Shares of VTR stock opened at $60.20 on Wednesday. The firm has a market cap of $25.25 billion, a price-to-earnings ratio of -354.07, a PEG ratio of 2.61 and a beta of 1.37. Ventas, Inc. has a 12 month low of $41.45 and a 12 month high of $67.61. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.39. The stock has a 50-day moving average price of $59.90 and a 200 day moving average price of $61.12.

Ventas Dividend Announcement

The firm also recently declared 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 2.99%. The ex-dividend date was Tuesday, December 31st. Ventas’s dividend payout ratio (DPR) is -1,058.76%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Mizuho dropped their price target 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 report on Friday, January 17th. Robert W. Baird upgraded shares of Ventas from a “neutral” rating to an “outperform” rating and cut their price target for the stock from $66.00 to $65.00 in a research note on Friday, January 17th. Scotiabank increased their target price on Ventas from $68.00 to $69.00 and gave the stock a “sector perform” rating in a report on Monday, January 27th. Finally, StockNews.com raised Ventas from a “sell” rating to a “hold” rating in a report on Friday, January 17th. Two research analysts have rated the stock with a hold rating, six have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $68.71.

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.