Blair William & Co. IL grew its holdings in Ventas, Inc. (NYSE:VTR) by 11.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 24,949 shares of the real estate investment trust’s stock after acquiring an additional 2,540 shares during the quarter. Blair William & Co. IL’s holdings in Ventas were worth $1,357,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also modified their holdings of the business. JPMorgan Chase & Co. raised its stake in shares of Ventas by 22.6% in the third quarter. JPMorgan Chase & Co. now owns 7,214,027 shares of the real estate investment trust’s stock worth $392,299,000 after purchasing an additional 1,331,028 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of Ventas by 23.0% in the third quarter. Bank of New York Mellon Corp now owns 6,848,304 shares of the real estate investment trust’s stock worth $372,410,000 after purchasing an additional 1,282,487 shares during the last quarter. Federated Investors Inc. PA raised its stake in shares of Ventas by 14.7% in the second quarter. Federated Investors Inc. PA now owns 6,478,668 shares of the real estate investment trust’s stock worth $368,960,000 after purchasing an additional 828,577 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Ventas by 1.5% in the second quarter. Dimensional Fund Advisors LP now owns 5,376,703 shares of the real estate investment trust’s stock worth $306,207,000 after purchasing an additional 80,655 shares during the last quarter. Finally, Centersquare Investment Management LLC raised its stake in shares of Ventas by 101.5% in the second quarter. Centersquare Investment Management LLC now owns 3,952,742 shares of the real estate investment trust’s stock worth $225,108,000 after purchasing an additional 1,990,849 shares during the last quarter. 85.30% of the stock is owned by institutional investors and hedge funds.
Shares of VTR stock opened at $65.47 on Friday. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.56 and a quick ratio of 0.56. The company has a market cap of $22.51 billion, a P/E ratio of 15.74, a P/E/G ratio of 4.68 and a beta of 0.06. Ventas, Inc. has a twelve month low of $46.55 and a twelve month high of $65.70.
Ventas (NYSE:VTR) last announced its quarterly earnings results on Friday, October 26th. The real estate investment trust reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.97 by $0.02. The company had revenue of $936.54 million during the quarter, compared to analysts’ expectations of $920.19 million. Ventas had a return on equity of 4.56% and a net margin of 19.90%. Ventas’s quarterly revenue was up 4.1% on a year-over-year basis. During the same period last year, the business earned $1.71 earnings per share. As a group, equities analysts predict that Ventas, Inc. will post 4.06 earnings per share for the current year.
Several research analysts have recently issued reports on VTR shares. TheStreet cut Ventas from a “b” rating to a “c+” rating in a research note on Friday, October 26th. Royal Bank of Canada cut Ventas from an “outperform” rating to a “sector perform” rating and set a $59.00 price objective for the company. in a research note on Friday, November 2nd. ValuEngine upgraded Ventas from a “sell” rating to a “hold” rating in a research note on Wednesday, October 17th. Stifel Nicolaus set a $55.00 price objective on Ventas and gave the stock a “hold” rating in a research note on Monday, October 29th. Finally, JPMorgan Chase & Co. started coverage on Ventas in a research note on Tuesday, October 30th. They issued a “neutral” rating and a $60.00 price objective for the company. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and two have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $55.46.
In related news, EVP T Richard Riney sold 15,288 shares of Ventas stock in a transaction that occurred on Tuesday, November 20th. The stock was sold at an average price of $62.50, for a total transaction of $955,500.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 1.40% of the stock is currently owned by company insiders.
Ventas Company Profile
Ventas, Inc, an S&P 500 company, is a leading real estate investment trust. Its diverse portfolio of approximately 1,200 assets in the United States, Canada and the United Kingdom consists of seniors housing communities, medical office buildings, life science and innovation centers, inpatient rehabilitation and long-term acute care facilities, health systems and skilled nursing facilities.
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