Community Financial Services Group LLC Has $444,000 Stake in Ventas, Inc. (NYSE:VTR)

Community Financial Services Group LLC decreased its holdings in Ventas, Inc. (NYSE:VTR) by 44.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,533 shares of the real estate investment trust’s stock after selling 6,020 shares during the period. Community Financial Services Group LLC’s holdings in Ventas were worth $444,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. JPMorgan Chase & Co. grew its holdings 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 buying an additional 599,600 shares in the last quarter. State Street Corp boosted its position in shares of Ventas by 2.2% during the 3rd quarter. State Street Corp now owns 26,671,227 shares of the real estate investment trust’s stock worth $1,710,426,000 after acquiring an additional 581,870 shares in the last quarter. FMR LLC increased its stake in shares of 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 purchasing an additional 982,795 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Ventas by 2.4% in the third quarter. Geode Capital Management LLC now owns 10,411,293 shares of the real estate investment trust’s stock worth $665,559,000 after acquiring an additional 245,922 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its stake 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 purchasing an additional 2,778,408 shares during the last quarter. Institutional investors and hedge funds own 94.18% of the company’s stock.

Ventas Stock Performance

VTR opened at $59.56 on Wednesday. Ventas, Inc. has a fifty-two week low of $41.45 and a fifty-two week high of $67.61. The firm has a 50-day moving average of $59.55 and a 200 day moving average of $61.37. 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 Dividend Announcement

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

Analyst Ratings Changes

Several research firms have recently weighed in on VTR. Robert W. Baird upgraded Ventas from a “neutral” rating to an “outperform” rating and reduced their price target for the stock from $66.00 to $65.00 in a report on Friday, January 17th. Wedbush restated an “outperform” rating and set a $75.00 target price on shares of Ventas in a research report on Thursday, December 19th. Mizuho reduced their price target on shares of Ventas from $71.00 to $68.00 and set an “outperform” rating for the company in a 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, StockNews.com upgraded shares of Ventas from a “sell” rating to a “hold” rating in a report on Friday, January 17th. Two investment analysts have rated the stock with a hold rating, six have given a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $68.71.

Ventas Company 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.