Ventas, Inc. (NYSE:VTR) Holdings Increased by Janney Montgomery Scott LLC
Janney Montgomery Scott LLC Increases Holdings in Ventas, Inc. (NYSE:VTR)
In a recent development, Janney Montgomery Scott LLC has raised its holdings in shares of Ventas, Inc. (NYSE:VTR) by 8.1% in the 1st quarter. According to the most recent 13F filing with the Securities and Exchange Commission, the institutional investor now owns 15,361 shares of the real estate investment trust’s stock, with a value of $669,000. This increase in holdings signifies a positive outlook on Ventas, Inc. and its potential for growth in the market.
Additionally, several other hedge funds have also made moves in relation to Ventas, Inc. Manchester Capital Management LLC increased its holdings by 77.9% during the 4th quarter, while Lindbrook Capital LLC and Global Retirement Partners LLC also saw increases in their stakes in the company. Overall, 94.18% of the stock is currently owned by hedge funds and other institutional investors, indicating a strong interest in Ventas, Inc. within the investment community.
On the analyst front, various equities research analysts have issued reports on Ventas, Inc. Scotiabank, Wells Fargo & Company, Evercore ISI, and StockNews.com have all provided insights and price targets for the stock, with a mix of ratings ranging from “sector perform” to “outperform.” The average rating for Ventas, Inc. is currently “Moderate Buy,” with an average price target of $51.92.
In terms of insider activity, CFO Robert F. Probst has recently sold shares of Ventas stock, while Director Walter C. Rakowich has also made a sale. These insider transactions indicate movement within the company and may provide insights into its future performance.
Overall, Ventas, Inc. is trading up 0.2% and has a market cap of $21.57 billion. The company recently declared a quarterly dividend, further solidifying its position as a strong investment option for shareholders. With a focus on providing exceptional environments for the aging population, Ventas, Inc. continues to show promise in the real estate investment trust sector.
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