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

Pacific Capital Wealth Advisors Inc. acquired a new stake in Ventas, Inc. (NYSE:VTR) during the 4th quarter, Holdings Channel.com reports. The firm acquired 765 shares of the real estate investment trust’s stock, valued at approximately $38,000.

Several other large investors have also bought and sold shares of the business. Commonwealth Equity Services LLC raised its position in shares of Ventas by 2.1% in the 3rd quarter. Commonwealth Equity Services LLC now owns 61,041 shares of the real estate investment trust’s stock valued at $2,572,000 after acquiring an additional 1,262 shares during the period. Bank of New York Mellon Corp raised its position in shares of Ventas by 2.6% in the 3rd quarter. Bank of New York Mellon Corp now owns 4,015,820 shares of the real estate investment trust’s stock valued at $169,186,000 after acquiring an additional 101,313 shares during the period. Brown Advisory Inc. acquired a new stake in shares of Ventas in the 3rd quarter valued at approximately $244,000. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Ventas by 1.7% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 320,836 shares of the real estate investment trust’s stock valued at $13,517,000 after acquiring an additional 5,311 shares during the period. Finally, Mackenzie Financial Corp raised its position in shares of Ventas by 199.9% in the 3rd quarter. Mackenzie Financial Corp now owns 235,869 shares of the real estate investment trust’s stock valued at $9,461,000 after acquiring an additional 157,217 shares during the period. 94.18% of the stock is currently 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. Ventas, Inc. has a 52 week low of $39.33 and a 52 week high of $50.99. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.63 and a quick ratio of 0.63. The company has a 50-day simple moving average of $43.53 and a 200 day simple moving average of $45.25. The company has a market cap of $19.08 billion, a PE ratio of -248.04, a P/E/G ratio of 2.52 and a beta of 1.25.

Ventas Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 18th. Investors of record on Monday, April 1st were paid a $0.45 dividend. The ex-dividend date was Thursday, March 28th. This represents a $1.80 annualized dividend and a dividend yield of 3.82%. Ventas’s dividend payout ratio is presently -947.32%.

Wall Street Analyst Weigh In

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