TCW Group Inc. Raises Stake in Ventas, Inc. (NYSE:VTR)

TCW Group Inc. increased its holdings in shares of Ventas, Inc. (NYSE:VTR) by 0.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 83,756 shares of the real estate investment trust’s stock after acquiring an additional 384 shares during the period. TCW Group Inc.’s holdings in Ventas were worth $4,932,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Healthcare of Ontario Pension Plan Trust Fund boosted its position in shares of Ventas by 7.9% in the 3rd 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 purchasing an additional 24,300 shares in the last quarter. abrdn plc boosted its holdings in Ventas by 28.7% in the third quarter. abrdn plc now owns 961,359 shares of the real estate investment trust’s stock worth $61,878,000 after acquiring an additional 214,384 shares in the last quarter. Northwest & Ethical Investments L.P. grew its stake in shares of Ventas by 480.7% in the third 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 during the last quarter. Presima Securities ULC grew its stake in shares of Ventas by 38.0% in the fourth quarter. Presima Securities ULC now owns 439,942 shares of the real estate investment trust’s stock worth $25,908,000 after acquiring an additional 121,193 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of Ventas by 5.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 4,904,078 shares of the real estate investment trust’s stock valued at $314,499,000 after acquiring an additional 231,352 shares in the last quarter. Hedge funds and other institutional investors own 94.18% of the company’s stock.

Insider Activity

In other news, CAO Gregory R. Liebbe sold 3,866 shares of Ventas stock in a transaction on Thursday, February 13th. The shares were sold at an average price of $63.00, for a total transaction of $243,558.00. Following the transaction, the chief accounting officer now owns 11,371 shares in the company, valued at $716,373. This trade represents a 25.37 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 1.00% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on VTR shares. Mizuho dropped their price target on shares of Ventas from $71.00 to $68.00 and set an “outperform” rating on the stock in a research note on Thursday, December 5th. Scotiabank upped their target price on shares of Ventas from $68.00 to $69.00 and gave the stock a “sector perform” rating in a research note on Monday, January 27th. StockNews.com raised shares of Ventas from a “sell” rating to a “hold” rating in a research report on Friday, January 17th. Baird R W raised Ventas from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 17th. Finally, Robert W. Baird raised Ventas from a “neutral” rating to an “outperform” rating and reduced their target price for the stock from $66.00 to $65.00 in a report on Friday, January 17th. Two investment analysts have rated the stock with a hold rating, six have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Ventas has a consensus rating of “Buy” and an average price target of $69.14.

Ventas Trading Down 1.2 %

Shares of VTR stock opened at $66.08 on Monday. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.25. Ventas, Inc. has a 12-month low of $41.45 and a 12-month high of $67.61. The stock has a market capitalization of $28.88 billion, a P/E ratio of 347.79, a P/E/G ratio of 2.59 and a beta of 1.37. The firm’s 50 day moving average is $60.20 and its 200 day moving average is $61.96.

Ventas (NYSE:VTR) last released its quarterly earnings results on Wednesday, February 12th. The real estate investment trust reported $0.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.83. Ventas had a return on equity of 0.82% and a net margin of 1.65%. Research analysts expect that Ventas, Inc. will post 3.4 earnings per share for the current year.

Ventas Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Monday, March 31st will be paid a dividend of $0.48 per share. This is an increase from Ventas’s previous quarterly dividend of $0.45. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.91%. The ex-dividend date of this dividend is Monday, March 31st. Ventas’s payout ratio is currently 1,010.53%.

Ventas 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.