Ventas, Inc. (NYSE:VTR) Position Cut by Alpha Cubed Investments LLC

Alpha Cubed Investments LLC lowered its stake in Ventas, Inc. (NYSE:VTR) by 1.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,576 shares of the real estate investment trust’s stock after selling 86 shares during the period. Alpha Cubed Investments LLC’s holdings in Ventas were worth $457,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in VTR. Vanguard Group Inc. boosted its position in shares of Ventas by 2.2% in the first quarter. Vanguard Group Inc. now owns 51,025,903 shares of the real estate investment trust’s stock worth $3,318,724,000 after buying an additional 1,110,305 shares in the last quarter. BlackRock Inc. boosted its position in shares of Ventas by 2,360.9% in the first quarter. BlackRock Inc. now owns 36,533,611 shares of the real estate investment trust’s stock worth $2,376,145,000 after buying an additional 35,049,052 shares in the last quarter. State Street Corp boosted its position in shares of Ventas by 1.6% in the first quarter. State Street Corp now owns 20,913,886 shares of the real estate investment trust’s stock worth $1,360,246,000 after buying an additional 333,064 shares in the last quarter. FMR LLC boosted its position in shares of Ventas by 2.1% in the first quarter. FMR LLC now owns 20,832,215 shares of the real estate investment trust’s stock worth $1,354,927,000 after buying an additional 437,961 shares in the last quarter. Finally, Bank of America Corp DE boosted its position in shares of Ventas by 1.0% in the first quarter. Bank of America Corp DE now owns 18,226,900 shares of the real estate investment trust’s stock worth $1,185,477,000 after buying an additional 184,874 shares in the last quarter. 88.63% of the stock is owned by institutional investors.

Ventas, Inc. (NYSE VTR) opened at 66.12 on Friday. The firm has a market capitalization of $23.55 billion, a price-to-earnings ratio of 33.50 and a beta of 0.07. Ventas, Inc. has a 1-year low of $56.20 and a 1-year high of $74.48. The stock has a 50 day moving average price of $67.21 and a 200 day moving average price of $65.43.

Ventas (NYSE:VTR) last announced its quarterly earnings data on Friday, July 28th. The real estate investment trust reported $1.06 EPS for the quarter, topping the Zacks’ 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 company had revenue of $895.49 million during the quarter, compared to the consensus estimate of $890.01 million. During the same quarter last year, the company earned $0.42 EPS. The company’s quarterly revenue was up 5.6% on a year-over-year basis. Analysts predict that Ventas, Inc. will post $1.84 EPS for the current year.

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A number of analysts recently commented on VTR shares. Jefferies Group LLC lifted their price objective on Ventas from $61.00 to $64.00 and gave the stock a “hold” rating in a research report on Monday, May 1st. BidaskClub upgraded Ventas from a “hold” rating to a “buy” rating in a research report on Saturday, June 17th. Mitsubishi UFJ Financial Group started coverage on Ventas in a research report on Wednesday, June 21st. They set a “hold” rating and a $67.00 price objective for the company. Finally, Mizuho reiterated a “neutral” rating on shares of Ventas in a research report 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. The stock presently has a consensus rating of “Hold” and a consensus price target of $65.13.

In other news, Chairman Debra A. Cafaro sold 100,000 shares of the stock in a transaction that occurred on 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 directly 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 at this link. Corporate insiders own 1.30% of the company’s stock.

About Ventas

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.