Pacific Capital Wealth Advisors Inc. Invests $38,000 in Ventas, Inc. (NYSE:VTR)

Pacific Capital Wealth Advisors Inc. purchased a new position in Ventas, Inc. (NYSE:VTR) in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 765 shares of the real estate investment trust’s stock, valued at approximately $38,000.

A number of other institutional investors also recently made changes to their positions in the stock. Lindbrook Capital LLC lifted its stake in shares of Ventas by 6.6% in the 4th quarter. Lindbrook Capital LLC now owns 3,881 shares of the real estate investment trust’s stock worth $193,000 after acquiring an additional 239 shares during the period. Global Retirement Partners LLC raised its position in shares of Ventas by 14.6% during the fourth quarter. Global Retirement Partners LLC now owns 1,954 shares of the real estate investment trust’s stock worth $96,000 after purchasing an additional 249 shares during the period. Global Wealth Management Investment Advisory Inc. increased its stake in Ventas by 2.7% in the 4th quarter. Global Wealth Management Investment Advisory Inc. now owns 9,493 shares of the real estate investment trust’s stock worth $473,000 after purchasing an additional 250 shares in the last quarter. Capital Square LLC raised its holdings in Ventas by 2.5% during the 3rd quarter. Capital Square LLC now owns 10,569 shares of the real estate investment trust’s stock worth $456,000 after buying an additional 253 shares during the period. Finally, Tokio Marine Asset Management Co. Ltd. raised its holdings in Ventas by 2.9% during the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 10,584 shares of the real estate investment trust’s stock worth $528,000 after buying an additional 295 shares during the period. 94.18% of the stock is owned by institutional investors and hedge funds.

Ventas Stock Up 0.2 %

Shares of VTR traded up $0.08 during mid-day trading on Tuesday, hitting $47.13. 1,715,126 shares of the company’s stock were exchanged, compared to its average volume of 2,389,420. The stock has a market cap of $19.08 billion, a price-to-earnings ratio of -248.04, a P/E/G ratio of 2.52 and a beta of 1.25. The firm has a fifty day moving average of $43.53 and a two-hundred day moving average of $45.25. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 1.43. Ventas, Inc. has a twelve month low of $39.33 and a twelve month high of $50.99.

Ventas Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 18th. Stockholders of record on Monday, April 1st were paid 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 3.82%. Ventas’s dividend payout ratio (DPR) is presently -947.32%.

Analysts Set New Price Targets

Several research firms have recently weighed in on VTR. Wells Fargo & Company reissued an “equal weight” rating and issued a $46.00 target price (down from $52.00) on shares of Ventas in a research report on Monday, February 26th. Bank of America upgraded Ventas from a “neutral” rating to a “buy” rating and lifted their price target for the company from $48.00 to $53.00 in a report on Tuesday, January 16th. StockNews.com downgraded Ventas from a “hold” rating to a “sell” rating in a research note on Tuesday, February 13th. Deutsche Bank Aktiengesellschaft began coverage on Ventas in a research note on Tuesday, January 30th. They set a “buy” rating and a $60.00 target price on the stock. Finally, Evercore ISI raised shares of Ventas from an “in-line” rating to an “outperform” rating and set a $50.00 price target for the company in a research report on Monday, March 18th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, Ventas has an average rating of “Moderate Buy” and an average price target of $51.25.

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.