Ventas, Inc. (VTR) Shares Bought by First Trust Advisors LP
First Trust Advisors LP raised its holdings in shares of Ventas, Inc. (NYSE:VTR) by 7.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 137,910 shares of the real estate investment trust’s stock after buying an additional 9,957 shares during the quarter. First Trust Advisors LP’s holdings in Ventas were worth $8,982,000 as of its most recent SEC filing.
Several other hedge funds have also modified their holdings of VTR. Cribstone Capital Management LLC lifted its holdings in shares of Ventas by 1.5% during the second quarter. Cribstone Capital Management LLC now owns 1,922 shares of the real estate investment trust’s stock worth $134,000 after buying an additional 28 shares during the last quarter. Bronfman E.L. Rothschild L.P. increased its position in shares of Ventas by 48.0% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 2,003 shares of the real estate investment trust’s stock valued at $139,000 after purchasing an additional 650 shares during the period. Northern Capital Management LLC bought a new stake in shares of Ventas during the second quarter valued at approximately $202,000. Honkamp Krueger Financial Services Inc. bought a new stake in shares of Ventas during the second quarter valued at approximately $203,000. Finally, Carnick & Kubik Group LLC bought a new stake in shares of Ventas during the third quarter valued at approximately $204,000. Institutional investors own 89.09% of the company’s stock.
Shares of Ventas, Inc. (NYSE:VTR) opened at $64.91 on Friday. Ventas, Inc. has a 1 year low of $57.95 and a 1 year high of $72.36. The firm has a market capitalization of $23,118.61, a price-to-earnings ratio of 15.57, a price-to-earnings-growth ratio of 4.19 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 1.46.
Ventas (NYSE:VTR) last announced its quarterly earnings results on Friday, October 27th. The real estate investment trust reported $0.44 earnings per share for the quarter, missing analysts’ consensus estimates of $1.04 by ($0.60). Ventas had a net margin of 32.96% and a return on equity of 6.34%. The company had revenue of $899.90 million during the quarter, compared to the consensus estimate of $893.18 million. During the same quarter last year, the company earned $1.03 earnings per share. The business’s revenue was up 3.8% on a year-over-year basis. equities research analysts anticipate that Ventas, Inc. will post 4.15 EPS for the current fiscal year.
A number of analysts have recently issued reports on the company. KeyCorp restated a “sell” rating and set a $55.00 price objective on shares of Ventas in a research report on Sunday, September 17th. Royal Bank Of Canada restated a “buy” rating on shares of Ventas in a research report on Wednesday, September 6th. Bank of America Corporation cut Ventas from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $72.00 to $71.00 in a research report on Friday, September 22nd. Jefferies Group LLC restated a “hold” rating and set a $66.00 price objective on shares of Ventas in a research report on Tuesday, August 29th. Finally, BidaskClub upgraded Ventas from a “strong sell” rating to a “sell” rating in a research report on Thursday, August 17th. Five research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $64.20.
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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