Public Employees Retirement Association of Colorado increased its stake in Ventas, Inc. (NYSE:VTR) by 0.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 69,450 shares of the real estate investment trust’s stock after buying an additional 437 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Ventas were worth $4,825,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VTR. Chevy Chase Trust Holdings Inc. raised its position in Ventas by 3.3% in the first quarter. Chevy Chase Trust Holdings Inc. now owns 306,492 shares of the real estate investment trust’s stock valued at $19,934,000 after buying an additional 9,810 shares in the last quarter. Manning & Napier Advisors LLC raised its position in Ventas by 28.1% in the first quarter. Manning & Napier Advisors LLC now owns 140,005 shares of the real estate investment trust’s stock valued at $9,105,000 after buying an additional 30,675 shares in the last quarter. Catawba Capital Management VA raised its position in Ventas by 7.8% in the first quarter. Catawba Capital Management VA now owns 3,614 shares of the real estate investment trust’s stock valued at $235,000 after buying an additional 260 shares in the last quarter. Raymond James Trust N.A. raised its position in Ventas by 27.8% in the first quarter. Raymond James Trust N.A. now owns 18,906 shares of the real estate investment trust’s stock valued at $1,229,000 after buying an additional 4,110 shares in the last quarter. Finally, Stock Yards Bank & Trust Co. raised its position in Ventas by 0.9% in the first quarter. Stock Yards Bank & Trust Co. now owns 177,606 shares of the real estate investment trust’s stock valued at $11,552,000 after buying an additional 1,527 shares in the last quarter. Hedge funds and other institutional investors own 88.63% of the company’s stock.
Shares of Ventas, Inc. (NYSE VTR) opened at 66.18 on Wednesday. The company has a 50-day moving average price of $67.56 and a 200-day moving average price of $65.38. The firm has a market capitalization of $23.57 billion, a price-to-earnings ratio of 33.53 and a beta of 0.07. Ventas, Inc. has a 12 month low of $56.20 and a 12 month high of $74.48.
Ventas (NYSE:VTR) last announced its quarterly earnings data on Friday, July 28th. The real estate investment trust reported $1.06 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.61. Ventas had a return on equity of 6.31% and a net margin of 20.08%. The business had revenue of $895.49 million during the quarter, compared to the consensus estimate of $890.01 million. During the same period in the prior year, the company earned $0.42 EPS. Ventas’s revenue for the quarter was up 5.6% on a year-over-year basis. Equities analysts forecast that Ventas, Inc. will post $1.84 EPS for the current fiscal year.
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VTR has been the subject of several recent analyst reports. Jefferies Group LLC increased their price objective on Ventas from $61.00 to $64.00 and gave the stock a “hold” rating in a research note on Monday, May 1st. BidaskClub upgraded Ventas from a “hold” rating to a “buy” rating in a research note on Saturday, June 17th. Mitsubishi UFJ Financial Group started coverage on Ventas in a research note on Wednesday, June 21st. They issued a “hold” rating and a $67.00 target price for the company. Finally, Mizuho restated a “neutral” rating on shares of Ventas in a research note on Wednesday, June 28th. Five research analysts have rated the stock with a sell rating and eight have assigned a hold rating to the company’s stock. Ventas currently has a consensus rating of “Hold” and an average target price of $65.13.
In other Ventas news, Chairman Debra A. Cafaro sold 100,000 shares of the company’s stock in a transaction dated Thursday, June 15th. The stock was sold at an average price of $69.12, for a total value of $6,912,000.00. Following the completion of the transaction, the chairman now owns 819,835 shares of the company’s stock, valued at approximately $56,666,995.20. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. 1.30% of the stock is owned by corporate insiders.
Ventas Company Profile
Ventas, Inc is a real estate investment trust (REIT) with its properties located throughout the United States, Canada and the United Kingdom. The Company operates through three segments: triple-net leased properties, senior living operations and office operations. Under its triple-net leased properties segment, the Company invests in and owns seniors housing and healthcare properties throughout the United States and the United Kingdom and leases those properties to healthcare operating companies under triple-net or absolute-net leases that obligate the tenants to pay all property-related expenses.
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