Ventas, Inc. $VTR Shares Purchased by National Pension Service

National Pension Service increased its stake in Ventas, Inc. (NYSE:VTR) by 6.7% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 836,222 shares of the real estate investment trust’s stock after acquiring an additional 52,527 shares during the quarter. National Pension Service’s holdings in Ventas were worth $74,257,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the stock. Angeles Wealth Management LLC lifted its holdings in Ventas by 3.3% during the second quarter. Angeles Wealth Management LLC now owns 3,439 shares of the real estate investment trust’s stock valued at $307,000 after purchasing an additional 110 shares in the last quarter. IHT Wealth Management LLC increased its stake in shares of Ventas by 3.2% during the fourth quarter. IHT Wealth Management LLC now owns 4,415 shares of the real estate investment trust’s stock worth $343,000 after purchasing an additional 137 shares in the last quarter. Sequoia Financial Advisors LLC increased its stake in shares of Ventas by 1.2% during the first quarter. Sequoia Financial Advisors LLC now owns 12,894 shares of the real estate investment trust’s stock worth $1,054,000 after purchasing an additional 148 shares in the last quarter. Parallel Advisors LLC raised its position in shares of Ventas by 4.6% during the 3rd quarter. Parallel Advisors LLC now owns 3,970 shares of the real estate investment trust’s stock worth $278,000 after purchasing an additional 175 shares during the last quarter. Finally, Manchester Capital Management LLC raised its position in shares of Ventas by 60.5% during the 4th quarter. Manchester Capital Management LLC now owns 491 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 185 shares during the last quarter. 94.18% of the stock is currently owned by institutional investors and hedge funds.

Ventas Stock Performance

Shares of VTR stock opened at $90.10 on Friday. The firm’s 50 day moving average price is $92.89 and its 200-day moving average price is $87.97. Ventas, Inc. has a one year low of $66.54 and a one year high of $101.60. The firm has a market cap of $46.22 billion, a P/E ratio of 166.85, a P/E/G ratio of 3.53 and a beta of 0.70. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.44 and a current ratio of 0.44.

Ventas (NYSE:VTR) last released its earnings results on Wednesday, July 29th. The real estate investment trust reported $0.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.96 by $0.01. Ventas had a return on equity of 1.99% and a net margin of 4.08%.The firm had revenue of $1.73 billion during the quarter, compared to analyst estimates of $1.68 billion. During the same period last year, the business posted $0.87 earnings per share. Ventas’s revenue was up 21.7% compared to the same quarter last year. As a group, equities research analysts predict that Ventas, Inc. will post 3.89 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on VTR shares. Mizuho lifted their price objective on Ventas from $98.00 to $104.00 and gave the stock an “outperform” rating in a report on Wednesday, July 22nd. BMO Capital Markets increased their price objective on Ventas from $105.00 to $107.00 and gave the company an “outperform” rating in a research note on Tuesday, August 11th. Wells Fargo & Company raised their price objective on Ventas from $96.00 to $104.00 and gave the company an “overweight” rating in a report on Tuesday, September 1st. Weiss Ratings upgraded shares of Ventas from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, July 21st. Finally, The Goldman Sachs Group restated a “buy” rating and set a $110.00 price target on shares of Ventas in a research report on Tuesday, May 19th. Fourteen research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Ventas currently has an average rating of “Moderate Buy” and a consensus price target of $99.00.

Ventas Profile

Ventas, Inc is a real estate investment trust (REIT) that owns and manages a diversified portfolio of healthcare and senior living properties. Its real estate platform includes senior housing communities, medical office buildings, life science and innovation centers, and other healthcare-related facilities.

The company generally leases or operates its properties through relationships with healthcare providers, senior living operators, universities, and research institutions. Its properties support services such as independent and assisted living, skilled nursing, outpatient care, physician practices, medical research, and biotechnology development.

Ventas serves major healthcare and life science markets in the United States and Canada.