Stock Yards Bank & Trust Co. Has $543,000 Stock Position in Ventas, Inc. (NYSE:VTR)

Stock Yards Bank & Trust Co. reduced its position in shares of Ventas, Inc. (NYSE:VTR) by 2.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 10,885 shares of the real estate investment trust’s stock after selling 246 shares during the quarter. Stock Yards Bank & Trust Co.’s holdings in Ventas were worth $543,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. FMR LLC raised its stake in Ventas by 7.1% during the 3rd quarter. FMR LLC now owns 22,246,452 shares of the real estate investment trust’s stock worth $937,243,000 after buying an additional 1,483,908 shares during the period. Principal Financial Group Inc. raised its stake in Ventas by 1.7% during the 3rd quarter. Principal Financial Group Inc. now owns 19,691,981 shares of the real estate investment trust’s stock worth $829,619,000 after buying an additional 331,019 shares during the period. Legal & General Group Plc raised its stake in Ventas by 3.2% during the 3rd quarter. Legal & General Group Plc now owns 5,575,523 shares of the real estate investment trust’s stock worth $234,897,000 after buying an additional 173,415 shares during the period. Northern Trust Corp increased its holdings in Ventas by 1.7% during the 3rd quarter. Northern Trust Corp now owns 5,321,475 shares of the real estate investment trust’s stock worth $224,194,000 after purchasing an additional 88,489 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in Ventas by 2.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 4,384,798 shares of the real estate investment trust’s stock worth $184,732,000 after purchasing an additional 105,583 shares in the last quarter. 94.18% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

VTR has been the subject of a number of recent research reports. StockNews.com lowered Ventas from a “hold” rating to a “sell” rating in a report on Tuesday, February 13th. Wells Fargo & Company reissued an “equal weight” rating and set a $46.00 price objective (down from $52.00) on shares of Ventas in a report on Monday, February 26th. Deutsche Bank Aktiengesellschaft started coverage on Ventas in a report on Tuesday, January 30th. They issued a “buy” rating and a $60.00 target price for the company. Mizuho upped their target price on Ventas from $53.00 to $56.00 and gave the company a “buy” rating in a report on Wednesday, January 3rd. Finally, Bank of America raised Ventas from a “neutral” rating to a “buy” rating and upped their target price for the company from $48.00 to $53.00 in a report on Tuesday, January 16th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $51.54.

Ventas Price Performance

Shares of NYSE VTR opened at $43.55 on Wednesday. The stock has a fifty day simple moving average of $43.28 and a two-hundred day simple moving average of $45.07. Ventas, Inc. has a 1-year low of $39.33 and a 1-year high of $50.99. The firm has a market cap of $17.60 billion, a price-to-earnings ratio of -395.87, a price-to-earnings-growth ratio of 2.40 and a beta of 1.26. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 1.41.

Ventas Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 18th. Shareholders of record on Monday, April 1st were given a dividend of $0.45 per share. The ex-dividend date of this dividend was Thursday, March 28th. This represents a $1.80 annualized dividend and a dividend yield of 4.13%. Ventas’s dividend payout ratio is currently -1,636.21%.

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.