LMR Partners LLP trimmed its position in shares of Ventas, Inc. (NYSE:VTR) by 71.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,242 shares of the real estate investment trust’s stock after selling 13,127 shares during the period. LMR Partners LLP’s holdings in Ventas were worth $341,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. BlackRock Inc. raised its holdings in shares of Ventas by 1.8% during the 2nd quarter. BlackRock Inc. now owns 37,205,113 shares of the real estate investment trust’s stock valued at $2,585,012,000 after buying an additional 671,502 shares in the last quarter. APG Asset Management US Inc. raised its holdings in shares of Ventas by 1.6% during the 3rd quarter. APG Asset Management US Inc. now owns 14,517,063 shares of the real estate investment trust’s stock valued at $945,496,000 after buying an additional 228,800 shares in the last quarter. Federated Investors Inc. PA grew its position in Ventas by 2.2% during the 2nd quarter. Federated Investors Inc. PA now owns 6,422,802 shares of the real estate investment trust’s stock worth $446,256,000 after acquiring an additional 136,293 shares during the last quarter. Daiwa Securities Group Inc. grew its position in Ventas by 7.3% during the 3rd quarter. Daiwa Securities Group Inc. now owns 5,247,318 shares of the real estate investment trust’s stock worth $341,758,000 after acquiring an additional 357,605 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its position in Ventas by 2.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 4,924,127 shares of the real estate investment trust’s stock worth $342,127,000 after acquiring an additional 138,624 shares during the last quarter. 90.29% of the stock is currently owned by institutional investors.
VTR has been the topic of several recent research reports. KeyCorp restated a “sell” rating and set a $55.00 price target on shares of Ventas in a research report on Sunday, September 17th. Capital One Financial upgraded Ventas from an “equal weight” rating to an “overweight” rating in a research report on Monday, October 30th. BMO Capital Markets set a $62.00 price target on Ventas and gave the stock a “sell” rating in a research report on Friday, October 27th. Jefferies Group restated a “hold” rating and set a $66.00 price target on shares of Ventas in a research report on Tuesday, August 29th. Finally, Bank of America lowered Ventas from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $72.00 to $71.00 in a research report on Friday, September 22nd. Five investment analysts have rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $64.44.
Ventas, Inc. (NYSE:VTR) traded down $0.82 on Tuesday, reaching $63.86. The company had a trading volume of 1,276,400 shares, compared to its average volume of 1,709,988. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 1.06. Ventas, Inc. has a fifty-two week low of $57.97 and a fifty-two week high of $72.36. The company has a market cap of $23,036.68, a price-to-earnings ratio of 15.51, a price-to-earnings-growth ratio of 4.17 and a beta of 0.08.
Ventas (NYSE:VTR) last issued its quarterly earnings data on Friday, October 27th. The real estate investment trust reported $0.44 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.04 by ($0.60). The business had revenue of $899.90 million during 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%. Ventas’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.03 earnings per share. equities research analysts anticipate that Ventas, Inc. will post 4.16 EPS for the current fiscal year.
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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