Spire Wealth Management Buys 474 Shares of Ventas, Inc. (NYSE:VTR)

Spire Wealth Management raised its stake in Ventas, Inc. (NYSE:VTR) by 22.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,546 shares of the real estate investment trust’s stock after buying an additional 474 shares during the period. Spire Wealth Management’s holdings in Ventas were worth $150,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Independence Bank of Kentucky bought a new position in shares of Ventas in the 4th quarter worth $76,000. Caprock Group LLC boosted its stake in shares of Ventas by 73.5% in the 4th quarter. Caprock Group LLC now owns 6,054 shares of the real estate investment trust’s stock valued at $359,000 after purchasing an additional 2,565 shares in the last quarter. New Wave Wealth Advisors LLC purchased a new stake in shares of Ventas in the 4th quarter valued at $41,000. OLD National Bancorp IN boosted its stake in shares of Ventas by 3.0% in the 4th quarter. OLD National Bancorp IN now owns 206,764 shares of the real estate investment trust’s stock valued at $12,176,000 after purchasing an additional 6,080 shares in the last quarter. Finally, Busey Bank boosted its stake in shares of Ventas by 4.9% in the 4th quarter. Busey Bank now owns 99,208 shares of the real estate investment trust’s stock valued at $5,842,000 after purchasing an additional 4,668 shares in the last quarter. Institutional investors own 94.18% of the company’s stock.

Ventas Trading Up 0.1 %

NYSE:VTR opened at $60.60 on Friday. The company has a 50-day moving average price of $59.67 and a 200-day moving average price of $61.16. Ventas, Inc. has a 12 month low of $41.45 and a 12 month high of $67.61. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.39. The stock has a market cap of $25.42 billion, a price-to-earnings ratio of -356.47, a P/E/G ratio of 2.61 and a beta of 1.37.

Ventas Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, January 16th. Stockholders of record on Tuesday, December 31st were given a $0.45 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $1.80 annualized dividend and a dividend yield of 2.97%. Ventas’s dividend payout ratio is -1,058.76%.

Wall Street Analysts Forecast Growth

VTR has been the subject of a number of research reports. Baird R W raised shares of Ventas from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 17th. StockNews.com raised shares of Ventas from a “sell” rating to a “hold” rating in a research report on Friday, January 17th. Wedbush reissued an “outperform” rating and set a $75.00 price target on shares of Ventas in a research report on Thursday, December 19th. Mizuho dropped their price target on shares of Ventas from $71.00 to $68.00 and set an “outperform” rating for the company in a research report on Thursday, December 5th. Finally, Scotiabank increased their price target on shares of Ventas from $68.00 to $69.00 and gave the company a “sector perform” rating in a research report on Monday, January 27th. 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 company. Based on data from MarketBeat.com, Ventas presently has a consensus rating of “Buy” and an average target price 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.