Schnieders Capital Management LLC boosted its position in Ventas, Inc. (NYSE:VTR) by 5.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 23,719 shares of the real estate investment trust’s stock after buying an additional 1,250 shares during the period. Schnieders Capital Management LLC’s holdings in Ventas were worth $1,648,000 as of its most recent filing with the SEC.
Other hedge funds have also recently modified their holdings of the company. Cribstone Capital Management LLC purchased a new stake in shares of Ventas during the first quarter worth $123,000. Benjamin F. Edwards & Company Inc. increased its stake in shares of Ventas by 2.7% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 2,436 shares of the real estate investment trust’s stock worth $158,000 after buying an additional 65 shares during the period. Trust Co. of Virginia VA purchased a new stake in shares of Ventas during the first quarter worth $202,000. Wagner Bowman Management Corp purchased a new stake in shares of Ventas during the first quarter worth $201,000. Finally, Wetherby Asset Management Inc. purchased a new stake in shares of Ventas during the first quarter worth $207,000. 88.63% of the stock is owned by institutional investors.
Ventas, Inc. (NYSE VTR) opened at 66.12 on Friday. The company has a market cap of $23.55 billion, a P/E ratio of 33.50 and a beta of 0.07. Ventas, Inc. has a 52 week low of $56.20 and a 52 week high of $74.48. The company has a 50-day moving average of $67.21 and a 200 day moving average of $65.43.
Ventas (NYSE:VTR) last posted its quarterly earnings results on Friday, July 28th. The real estate investment trust reported $1.06 EPS for the quarter, beating the Zacks’ consensus estimate of $0.45 by $0.61. Ventas had a net margin of 20.08% and a return on equity of 6.31%. The company had revenue of $895.49 million during the quarter, compared to analyst estimates of $890.01 million. During the same period in the prior year, the business posted $0.42 EPS. The firm’s revenue was up 5.6% compared to the same quarter last year. On average, equities analysts forecast that Ventas, Inc. will post $1.84 EPS for the current fiscal year.
A number of analysts have recently weighed in on the stock. BidaskClub raised shares of Ventas from a “strong sell” rating to a “sell” rating in a report on Thursday. Mizuho reaffirmed a “neutral” rating on shares of Ventas in a report on Wednesday, June 28th. Mitsubishi UFJ Financial Group assumed coverage on shares of Ventas in a report on Wednesday, June 21st. They set a “hold” rating and a $67.00 price target for the company. Finally, Jefferies Group LLC upped their price target on shares of Ventas from $61.00 to $64.00 and gave the stock a “hold” rating in a report on Monday, May 1st. Five investment analysts have rated the stock with a sell rating and eight have issued a hold rating to the company. The company has an average rating of “Hold” and an average target price of $65.13.
In other Ventas news, Chairman Debra A. Cafaro sold 100,000 shares of the business’s stock in a transaction on Thursday, June 15th. The shares were sold at an average price of $69.12, for a total transaction of $6,912,000.00. Following the transaction, the chairman now directly owns 819,835 shares of the company’s stock, valued at approximately $56,666,995.20. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 1.30% of the stock is currently owned by insiders.
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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