Portfolio Design Labs LLC Purchases Shares of 5,442 Ventas, Inc. $VTR

Portfolio Design Labs LLC acquired a new position in shares of Ventas, Inc. (NYSE:VTR) during the 2nd quarter, Holdings Channel.com reports. The fund acquired 5,442 shares of the real estate investment trust’s stock, valued at approximately $483,000.

Several other hedge funds also recently modified their holdings of the company. Angeles Wealth Management LLC boosted its holdings in shares of Ventas by 4.0% in the 1st quarter. Angeles Wealth Management LLC now owns 3,329 shares of the real estate investment trust’s stock worth $274,000 after acquiring an additional 128 shares in the last quarter. IHT Wealth Management LLC grew its position in Ventas by 3.2% during the 4th quarter. IHT Wealth Management LLC now owns 4,415 shares of the real estate investment trust’s stock worth $343,000 after acquiring an additional 137 shares during the last quarter. Sequoia Financial Advisors LLC grew its position in Ventas by 1.2% during the 1st quarter. Sequoia Financial Advisors LLC now owns 12,894 shares of the real estate investment trust’s stock worth $1,054,000 after acquiring an additional 148 shares during the last quarter. Parallel Advisors LLC increased its holdings in Ventas by 4.6% during the 3rd quarter. Parallel Advisors LLC now owns 3,970 shares of the real estate investment trust’s stock valued at $278,000 after purchasing an additional 175 shares in the last quarter. Finally, Manchester Capital Management LLC increased its holdings in Ventas by 60.5% during the 4th quarter. Manchester Capital Management LLC now owns 491 shares of the real estate investment trust’s stock valued at $38,000 after purchasing an additional 185 shares in the last quarter. Institutional investors and hedge funds own 94.18% of the company’s stock.

Ventas Stock Performance

VTR stock opened at $92.82 on Friday. 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 50 day moving average price of $91.18 and a 200 day moving average price of $87.04. Ventas, Inc. has a fifty-two week low of $66.38 and a fifty-two week high of $101.60. The stock has a market capitalization of $47.61 billion, a PE ratio of 171.89, a price-to-earnings-growth ratio of 2.12 and a beta of 0.69.

Ventas (NYSE:VTR) last announced its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $0.97 EPS for the quarter, beating analysts’ consensus estimates of $0.96 by $0.01. The firm had revenue of $1.73 billion for the quarter, compared to analyst estimates of $1.68 billion. Ventas had a return on equity of 1.99% and a net margin of 4.08%.The business’s quarterly revenue was up 21.7% compared to the same quarter last year. During the same period last year, the company earned $0.87 EPS. Analysts forecast that Ventas, Inc. will post 3.89 EPS for the current year.

Insider Transactions at Ventas

In other news, Director Michael J. Embler purchased 2,500 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were acquired at an average price of $78.81 per share, for a total transaction of $197,025.00. Following the completion of the acquisition, the director directly owned 19,202 shares in the company, valued at approximately $1,513,309.62. The trade was a 14.97% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.53% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on VTR shares. Weiss Ratings upgraded Ventas from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, July 21st. Jefferies Financial Group raised their target price on Ventas from $97.00 to $100.00 and gave the company a “buy” rating in a research note on Tuesday, May 12th. Raymond James Financial started coverage on Ventas in a report on Tuesday, June 16th. They issued an “outperform” rating and a $94.00 price target for the company. KeyCorp lifted their price target on Ventas from $90.00 to $95.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. Finally, BMO Capital Markets upped their price target on shares of Ventas from $105.00 to $107.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 11th. Fifteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $98.00.

Ventas 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.