Cambridge Investment Research Advisors Inc. boosted its stake in shares of Ventas, Inc. (NYSE:VTR) by 4.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 84,617 shares of the real estate investment trust’s stock after buying an additional 3,652 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Ventas were worth $5,511,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Bronfman E.L. Rothschild L.P. raised its holdings in Ventas by 48.0% during the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 2,003 shares of the real estate investment trust’s stock worth $139,000 after buying an additional 650 shares during the period. Cable Hill Partners LLC acquired a new stake in Ventas during the 3rd quarter worth about $174,000. Northern Capital Management LLC acquired a new stake in Ventas during the 2nd quarter worth about $202,000. Honkamp Krueger Financial Services Inc. acquired a new stake in Ventas during the 2nd quarter worth about $203,000. Finally, Carnick & Kubik Group LLC acquired a new stake in Ventas during the 3rd quarter worth about $204,000. Hedge funds and other institutional investors own 88.94% of the company’s stock.
Shares of Ventas, Inc. (NYSE VTR) traded down $0.66 during trading on Thursday, reaching $64.38. The company’s stock had a trading volume of 1,624,600 shares, compared to its average volume of 1,721,354. The company has a market capitalization of $23,164.89, a PE ratio of 15.60, a P/E/G ratio of 4.19 and a beta of 0.08. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 1.06. Ventas, Inc. has a 52-week low of $57.97 and a 52-week high of $72.36.
Ventas (NYSE:VTR) last announced its earnings results on Friday, October 27th. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.60). The company had revenue of $899.90 million for the quarter, compared to the consensus estimate of $893.18 million. Ventas had a return on equity of 6.34% and a net margin of 32.96%. The firm’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same period in the previous year, the company earned $1.03 EPS. analysts expect that Ventas, Inc. will post 4.15 EPS for the current year.
Several equities analysts have weighed in on VTR shares. Bank of America Corporation cut Ventas from a “buy” rating to a “neutral” rating and lowered their target price for the company from $72.00 to $71.00 in a research note on Friday, September 22nd. BidaskClub raised Ventas from a “strong sell” rating to a “sell” rating in a research note on Thursday, August 17th. Capital One Financial Corporation started coverage on Ventas in a research note on Monday, September 25th. They set an “equal weight” rating and a $69.00 target price on the stock. Zacks Investment Research cut Ventas from a “hold” rating to a “sell” rating in a research note on Wednesday. Finally, SunTrust Banks, Inc. set a $67.00 target price on Ventas and gave the company a “hold” rating in a research note on Sunday, October 29th. Six investment analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $64.20.
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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