Forsta AP Fonden increased its stake in shares of Ventas, Inc. (NYSE:VTR) by 34.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 142,100 shares of the real estate investment trust’s stock after buying an additional 36,300 shares during the quarter. Forsta AP Fonden’s holdings in Ventas were worth $9,255,000 at the end of the most recent quarter.
A number of other institutional investors also recently made changes to their positions in the stock. BlackRock Inc. grew its holdings in Ventas by 1.8% during the second quarter. BlackRock Inc. now owns 37,205,113 shares of the real estate investment trust’s stock worth $2,585,012,000 after buying an additional 671,502 shares in the last quarter. APG Asset Management US Inc. grew its stake in Ventas by 1.6% in 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 purchasing an additional 228,800 shares during the period. Federated Investors Inc. PA grew its stake in Ventas by 2.2% in the 2nd quarter. Federated Investors Inc. PA now owns 6,422,802 shares of the real estate investment trust’s stock valued at $446,256,000 after purchasing an additional 136,293 shares during the period. Dimensional Fund Advisors LP grew its stake in Ventas by 2.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 4,924,127 shares of the real estate investment trust’s stock valued at $342,127,000 after purchasing an additional 138,624 shares during the period. Finally, JPMorgan Chase & Co. grew its stake in Ventas by 102.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 4,041,712 shares of the real estate investment trust’s stock valued at $280,817,000 after purchasing an additional 2,049,815 shares during the period. Institutional investors and hedge funds own 89.18% of the company’s stock.
VTR has been the subject of a number of recent analyst reports. BidaskClub downgraded Ventas from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 8th. Jefferies Group LLC restated a “hold” rating and issued a $66.00 price objective on shares of Ventas in a research note on Tuesday, August 29th. Royal Bank Of Canada restated a “buy” rating on shares of Ventas in a research note on Wednesday, September 6th. KeyCorp restated a “sell” rating and issued a $55.00 price objective on shares of Ventas in a research note on Sunday, September 17th. Finally, Bank of America Corporation downgraded Ventas from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $72.00 to $71.00 in a research note on Friday, September 22nd. Five equities research analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company. Ventas has a consensus rating of “Hold” and an average target price of $64.20.
Ventas, Inc. (NYSE VTR) traded up $0.26 during mid-day trading on Friday, hitting $64.10. The stock had a trading volume of 1,243,378 shares, compared to its average volume of 1,724,934. Ventas, Inc. has a 12 month low of $56.20 and a 12 month high of $72.36. The company has a market cap of $22,830.11, a P/E ratio of 15.37, a price-to-earnings-growth ratio of 4.13 and a beta of 0.08. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.46 and a quick ratio of 1.54.
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 the Zacks’ consensus estimate of $1.04 by ($0.60). Ventas had a return on equity of 6.34% and a net margin of 32.96%. The firm had revenue of $899.90 million for the quarter, compared to analyst estimates of $893.18 million. During the same quarter last year, the business posted $1.03 EPS. The firm’s revenue was up 3.8% compared to the same quarter last year. analysts predict that Ventas, Inc. will post 4.15 EPS for the current fiscal year.
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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