Wedbush Securities Inc. lifted its holdings in Ventas, Inc. (NYSE:VTR) by 2.8% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 17,272 shares of the real estate investment trust’s stock after buying an additional 465 shares during the period. Wedbush Securities Inc.’s holdings in Ventas were worth $1,181,000 at the end of the most recent reporting period.
Several other institutional investors have also bought and sold shares of the company. BlackRock Inc. increased its holdings in shares of Ventas by 0.4% in the 1st quarter. BlackRock Inc. now owns 36,891,328 shares of the real estate investment trust’s stock worth $2,354,034,000 after buying an additional 158,707 shares during the last quarter. Centersquare Investment Management LLC grew its holdings in Ventas by 397.7% during the 1st quarter. Centersquare Investment Management LLC now owns 19,394,456 shares of the real estate investment trust’s stock valued at $333,092,000 after purchasing an additional 15,497,390 shares during the last quarter. Federated Investors Inc. PA grew its holdings in Ventas by 0.3% during the 1st quarter. Federated Investors Inc. PA now owns 6,320,554 shares of the real estate investment trust’s stock valued at $403,315,000 after purchasing an additional 17,658 shares during the last quarter. Northern Trust Corp grew its holdings in Ventas by 0.3% during the 1st quarter. Northern Trust Corp now owns 6,068,696 shares of the real estate investment trust’s stock valued at $387,243,000 after purchasing an additional 16,774 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in Ventas by 8.8% during the 4th quarter. Geode Capital Management LLC now owns 5,762,889 shares of the real estate investment trust’s stock valued at $337,172,000 after purchasing an additional 467,757 shares during the last quarter. Hedge funds and other institutional investors own 84.18% of the company’s stock.
VTR stock traded up $0.14 during mid-day trading on Wednesday, reaching $71.77. The company had a trading volume of 878,705 shares, compared to its average volume of 2,159,944. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.67 and a quick ratio of 0.67. The stock has a market cap of $26.69 billion, a P/E ratio of 17.63, a PEG ratio of 5.89 and a beta of 0.27. The business has a 50 day moving average of $68.93. Ventas, Inc. has a 12 month low of $51.80 and a 12 month high of $73.74.
Ventas (NYSE:VTR) last issued its earnings results on Friday, July 26th. The real estate investment trust reported $0.58 EPS for the quarter, missing the Zacks’ consensus estimate of $0.96 by ($0.38). The company had revenue of $950.70 million during the quarter, compared to the consensus estimate of $931.16 million. Ventas had a return on equity of 4.78% and a net margin of 13.34%. Ventas’s revenue was up .9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.46 earnings per share. Equities analysts anticipate that Ventas, Inc. will post 3.83 EPS for the current fiscal year.
Several equities analysts recently commented on the stock. Royal Bank of Canada upped their price target on shares of Ventas to $71.00 and gave the company an “in-line” rating in a report on Thursday, June 20th. Raymond James upgraded shares of Ventas from an “underperform” rating to a “market perform” rating in a report on Tuesday, April 30th. Stifel Nicolaus upgraded shares of Ventas from a “hold” rating to a “buy” rating and upped their price target for the company from $65.00 to $74.00 in a report on Wednesday, June 19th. ValuEngine downgraded shares of Ventas from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. Finally, BMO Capital Markets reiterated a “hold” rating and set a $73.00 price target on shares of Ventas in a report on Monday, July 29th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and two have given a buy rating to the company’s stock. Ventas has a consensus rating of “Hold” and an average target price of $66.59.
In other Ventas news, Chairman Debra A. Cafaro sold 68,084 shares of the company’s stock in a transaction dated Friday, June 14th. The shares were sold at an average price of $66.54, for a total value of $4,530,309.36. Following the transaction, the chairman now directly owns 805,835 shares in the company, valued at approximately $53,620,260.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP T Richard Riney sold 29,702 shares of the company’s stock in a transaction dated Thursday, June 20th. The stock was sold at an average price of $70.45, for a total transaction of $2,092,505.90. Following the completion of the transaction, the executive vice president now owns 163,488 shares in the company, valued at $11,517,729.60. The disclosure for this sale can be found here. Insiders sold a total of 165,866 shares of company stock worth $11,323,058 over the last 90 days. Insiders own 1.40% of the company’s stock.
Ventas, Inc, an S&P 500 company, is a leading real estate investment trust. Its diverse portfolio of approximately 1,200 assets in the United States, Canada and the United Kingdom consists of seniors housing communities, medical office buildings, university-based research and innovation centers, inpatient rehabilitation and long-term acute care facilities, and health systems.
Want to see what other hedge funds are holding VTR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ventas, Inc. (NYSE:VTR).
Receive News & Ratings for Ventas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ventas and related companies with MarketBeat.com's FREE daily email newsletter.