242,074 Shares in Ventas, Inc. $VTR Bought by Korea Investment CORP

Korea Investment CORP bought a new position in Ventas, Inc. (NYSE:VTR) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 242,074 shares of the real estate investment trust’s stock, valued at approximately $21,496,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Dynamic Wealth Strategies LLC purchased a new position in Ventas in the 1st quarter worth about $25,000. Wiser Advisor Group LLC purchased a new stake in Ventas during the third quarter valued at about $27,000. Silvant Capital Management LLC acquired a new position in shares of Ventas in the second quarter worth about $28,000. Meeder Asset Management Inc. acquired a new position in shares of Ventas in the second quarter worth about $30,000. Finally, IFC & Insurance Marketing Inc. acquired a new position in shares of Ventas in the fourth quarter worth about $30,000. 94.18% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Ventas

In related news, Director Michael J. Embler bought 2,500 shares of the business’s stock in a transaction on Wednesday, June 3rd. The stock was bought at an average price of $78.81 per share, for a total transaction of $197,025.00. Following the transaction, the director directly owned 19,202 shares in the company, valued at $1,513,309.62. This represents a 14.97% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.53% of the stock is currently owned by insiders.

Ventas Price Performance

Shares of VTR opened at $93.32 on Monday. The business’s 50-day moving average is $91.36 and its 200-day moving average is $87.15. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.44 and a quick ratio of 0.44. The company has a market capitalization of $47.87 billion, a price-to-earnings ratio of 172.81, a P/E/G ratio of 2.15 and a beta of 0.69. Ventas, Inc. has a fifty-two week low of $66.38 and a fifty-two week high of $101.60.

Ventas (NYSE:VTR) last posted its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $0.97 EPS for the quarter, topping the consensus estimate of $0.96 by $0.01. Ventas had a net margin of 4.08% and a return on equity of 1.99%. The business had revenue of $1.73 billion during the quarter, compared to analysts’ expectations of $1.68 billion. During the same period last year, the company posted $0.87 earnings per share. The firm’s quarterly revenue was up 21.7% compared to the same quarter last year. Equities research analysts expect that Ventas, Inc. will post 3.89 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on VTR. Mizuho boosted their price target on shares of Ventas from $98.00 to $104.00 and gave the company an “outperform” rating in a report on Wednesday, July 22nd. Jefferies Financial Group raised their price objective on shares of Ventas from $97.00 to $100.00 and gave the stock a “buy” rating in a research note on Tuesday, May 12th. UBS Group lifted their price objective on shares of Ventas from $85.00 to $93.00 and gave the stock a “neutral” rating in a research report on Monday, May 4th. Evercore reiterated an “outperform” rating and set a $95.00 price objective on shares of Ventas in a research report on Wednesday, April 29th. Finally, Wells Fargo & Company boosted their target price on shares of Ventas from $93.00 to $96.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. Fifteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $98.00.

Ventas Company Profile

Ventas, Inc (NYSE: VTR) is a real estate investment trust (REIT) that specializes in healthcare-related real estate. The company acquires, owns and manages a diversified portfolio of properties serving the healthcare continuum, including senior housing communities, skilled nursing facilities, medical office buildings, life science and research centers, and other properties leased to healthcare providers and operators. Ventas generates revenue through long-term leases, property management and selective development activities focused on meeting the real estate needs of the healthcare sector.

Ventas’ business model combines property ownership with active asset management and capital markets activity.