2 weeks Ago By ABMN Staff
Duff & Phelps Investment Management Co. lessened its position in shares of Ventas, Inc. ( NYSE:VTR – Free Report ) by 2.
4% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,064,525 shares of the real estate investment trust’s stock after selling 76,965 shares during the quarter. Ventas accounts for 2.
0% of Duff & Phelps Investment Management Co.’s portfolio, making the stock its 10th biggest holding. Duff & Phelps Investment Management Co.
’s holdings in Ventas were worth $157,088,000 at the end of the most recent reporting period. A number of other institutional investors also recently bought and sold shares of the company. D.
A. Davidson & CO. bought a new position in Ventas in the fourth quarter worth approximately $220,000.
Cambridge Investment Research Advisors Inc. lifted its position in Ventas by 9.4% during the fourth quarter.
Cambridge Investment Research Advisors Inc. now owns 29,857 shares of the real estate investment trust’s stock valued at $1,488,000 after purchasing an additional 2,570 shares in the last quarter. Orion Portfolio Solutions LLC grew its holdings in Ventas by 38.
3% during the fourth quarter. Orion Portfolio Solutions LLC now owns 11,539 shares of the real estate investment trust’s stock valued at $562,000 after purchasing an additional 3,195 shares during the period. Parallel Advisors LLC increased its position in Ventas by 19.
2% in the fourth quarter. Parallel Advisors LLC now owns 2,493 shares of the real estate investment trust’s stock worth $124,000 after buying an additional 402 shares in the last quarter. Finally, TD Asset Management Inc increased its position in Ventas by 232.
2% in the fourth quarter. TD Asset Management Inc now owns 417,039 shares of the real estate investment trust’s stock worth $20,785,000 after buying an additional 291,504 shares in the last quarter. Institutional investors own 94.
18% of the company’s stock. Analysts Set New Price Targets A number of brokerages recently issued reports on VTR. Scotiabank boosted their price objective on Ventas from $55.
00 to $59.00 and gave the company a “sector perform” rating in a research note on Wednesday, August 7th. Wedbush upped their price target on shares of Ventas from $64.
00 to $71.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 10th. StockNews.
com upgraded shares of Ventas from a “sell” rating to a “hold” rating in a research report on Wednesday, July 10th. Evercore ISI upped their target price on shares of Ventas from $64.00 to $70.
00 and gave the stock an “outperform” rating in a report on Monday, September 16th. Finally, Royal Bank of Canada raised their price target on Ventas from $52.00 to $63.
00 and gave the company an “outperform” rating in a report on Friday, August 9th. Three research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.
com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $58.67. Ventas Stock Up 0.
0 % Shares of VTR stock opened at $63.84 on Friday. The company’s fifty day simple moving average is $60.
01 and its two-hundred day simple moving average is $51.72. Ventas, Inc.
has a 52 week low of $39.33 and a 52 week high of $65.64.
The stock has a market cap of $26.38 billion, a P/E ratio of -335.98, a PEG ratio of 2.
83 and a beta of 1.36. The company has a quick ratio of 0.
58, a current ratio of 0.58 and a debt-to-equity ratio of 1.36.
Ventas ( NYSE:VTR – Get Free Report ) last issued its earnings results on Thursday, August 1st. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.
79 by ($0.74). Ventas had a negative return on equity of 1.
63% and a negative net margin of 3.33%. The firm had revenue of $1.
20 billion during the quarter, compared to the consensus estimate of $1.19 billion. During the same period last year, the firm posted $0.
75 earnings per share. The company’s revenue for the quarter was up 8.6% compared to the same quarter last year.
Analysts predict that Ventas, Inc. will post 3.18 EPS for the current fiscal year.
Ventas Announces Dividend The company also recently announced a quarterly dividend, which will be paid on Thursday, October 17th. Stockholders of record on Tuesday, October 1st will be given a dividend of $0.45 per share.
The ex-dividend date of this dividend is Tuesday, October 1st. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.
82%. Ventas’s dividend payout ratio is currently -947.32%.
Insider Activity at Ventas In related news, CEO Peter J. Bulgarelli sold 6,000 shares of the company’s stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $64.
99, for a total transaction of $389,940.00. Following the sale, the chief executive officer now owns 90,795 shares of the company’s stock, valued at $5,900,767.
05. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website . In other Ventas news, CEO Peter J.
Bulgarelli sold 6,000 shares of Ventas stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $64.99, for a total value of $389,940.
00. Following the completion of the transaction, the chief executive officer now directly owns 90,795 shares of the company’s stock, valued at approximately $5,900,767.05.
The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link . Also, CEO Debra A. Cafaro sold 40,079 shares of the business’s stock in a transaction dated Tuesday, August 6th.
The stock was sold at an average price of $57.29, for a total transaction of $2,296,125.91.
Following the completion of the sale, the chief executive officer now owns 986,717 shares in the company, valued at $56,529,016.93. The disclosure for this sale can be found here .
Over the last ninety days, insiders sold 77,065 shares of company stock valued at $4,526,464. 1.00% of the stock is owned by corporate insiders.
Ventas Company Profile ( Free Report ) Ventas Inc (NYSE: VTR) is a leading S&P 500 real estate investment trust focused on delivering strong, sustainable shareholder returns by enabling exceptional environments that benefit a large and growing aging population. The Company's growth is fueled by its senior housing communities, which provide valuable services to residents and enable them to thrive in supported environments. See Also Want to see what other hedge funds are holding VTR? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Ventas, Inc. ( NYSE:VTR – Free Report ). Receive News & Ratings for Ventas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ventas and related companies with MarketBeat.
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