Ventas, Inc. (VTR) Shares Sold by Sii Investments Inc. WI
Sii Investments Inc. WI cut its holdings in Ventas, Inc. (NYSE:VTR) by 28.2% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,800 shares of the real estate investment trust’s stock after selling 2,279 shares during the quarter. Sii Investments Inc. WI’s holdings in Ventas were worth $403,000 at the end of the most recent reporting period.
Other large investors have also added to or reduced their stakes in the company. Cribstone Capital Management LLC boosted its stake in Ventas by 1.5% in the second quarter. Cribstone Capital Management LLC now owns 1,922 shares of the real estate investment trust’s stock valued at $134,000 after buying an additional 28 shares in the last quarter. Bronfman E.L. Rothschild L.P. boosted its stake in Ventas by 48.0% in 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 buying an additional 650 shares in the last quarter. Northern Capital Management LLC acquired a new stake in Ventas in the second quarter valued at about $202,000. Honkamp Krueger Financial Services Inc. acquired a new stake in Ventas in the second quarter valued at about $203,000. Finally, Strategic Financial Group LLC acquired a new stake in Ventas in the second quarter valued at about $208,000. 89.18% of the stock is currently owned by institutional investors and hedge funds.
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Several analysts recently weighed in on VTR shares. BidaskClub lowered Ventas from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 8th. KeyCorp reaffirmed a “sell” rating and issued a $55.00 price objective on shares of Ventas in a research note on Sunday, September 17th. Mitsubishi UFJ Financial Group assumed coverage on Ventas in a research report on Wednesday, June 21st. They issued a “hold” rating and a $67.00 target price for the company. Jefferies Group LLC reiterated a “hold” rating and issued a $66.00 target price on shares of Ventas in a research report on Tuesday, August 29th. Finally, Capital One Financial Corporation assumed coverage on Ventas in a research report on Monday, September 25th. They issued an “equal weight” rating and a $69.00 target price for the company. Five research analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $63.70.
Ventas, Inc. (NYSE VTR) opened at 63.34 on Friday. Ventas, Inc. has a 52-week low of $56.20 and a 52-week high of $72.36. The company has a market capitalization of $22.56 billion, a P/E ratio of 32.09 and a beta of 0.08. The firm has a 50-day moving average price of $67.13 and a 200 day moving average price of $66.66.
Ventas (NYSE:VTR) last posted its quarterly earnings data on Friday, July 28th. The real estate investment trust reported $1.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.45 by $0.61. Ventas had a return on equity of 6.31% and a net margin of 20.08%. The firm had revenue of $895.49 million during the quarter, compared to analysts’ expectations of $890.01 million. During the same period in the prior year, the business earned $0.42 EPS. The company’s revenue for the quarter was up 5.6% compared to the same quarter last year. On average, analysts predict that Ventas, Inc. will post $1.82 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Friday, September 29th. Investors of record on Tuesday, September 12th were issued a dividend of $0.775 per share. This represents a $3.10 annualized dividend and a yield of 4.89%. The ex-dividend date of this dividend was Monday, September 11th. Ventas’s dividend payout ratio is presently 157.36%.
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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