Candriam Luxembourg S.C.A. held its stake in Ventas, Inc. (NYSE:VTR) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,538 shares of the real estate investment trust’s stock at the end of the second quarter. Candriam Luxembourg S.C.A.’s holdings in Ventas were worth $1,427,000 as of its most recent filing with the SEC.
A number of other large investors also recently added to or reduced their stakes in the stock. Atria Investments LLC increased its stake in Ventas by 6.3% in the first quarter. Atria Investments LLC now owns 3,466 shares of the real estate investment trust’s stock worth $225,000 after buying an additional 205 shares during the last quarter. BlackRock Inc. increased its stake in Ventas by 2,360.9% in the first quarter. BlackRock Inc. now owns 36,533,611 shares of the real estate investment trust’s stock worth $2,376,145,000 after buying an additional 35,049,052 shares during the last quarter. Advisors Asset Management Inc. increased its stake in Ventas by 8.6% in the first quarter. Advisors Asset Management Inc. now owns 95,292 shares of the real estate investment trust’s stock worth $6,198,000 after buying an additional 7,521 shares during the last quarter. Bank of America Corp DE increased its stake in Ventas by 1.0% in the first quarter. Bank of America Corp DE now owns 18,226,900 shares of the real estate investment trust’s stock worth $1,185,477,000 after buying an additional 184,874 shares during the last quarter. Finally, Canada Pension Plan Investment Board increased its stake in Ventas by 103.9% in the first quarter. Canada Pension Plan Investment Board now owns 679,438 shares of the real estate investment trust’s stock worth $44,191,000 after buying an additional 346,250 shares during the last quarter. 88.70% of the stock is currently owned by institutional investors.
Ventas, Inc. (NYSE:VTR) opened at 64.95 on Friday. Ventas, Inc. has a one year low of $56.20 and a one year high of $74.67. The stock has a 50 day moving average price of $67.88 and a 200 day moving average price of $65.25. The firm has a market capitalization of $23.13 billion, a P/E ratio of 32.90 and a beta of 0.07.
Ventas (NYSE:VTR) last posted its quarterly earnings results on Friday, July 28th. The real estate investment trust reported $1.06 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.45 by $0.61. The business had revenue of $895.49 million for the quarter, compared to analyst estimates of $890.01 million. Ventas had a net margin of 20.08% and a return on equity of 6.31%. The firm’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same quarter last year, the business posted $0.42 EPS. On average, equities analysts predict that Ventas, Inc. will post $1.84 EPS for the current fiscal year.
VTR has been the topic of a number of recent research reports. BidaskClub raised Ventas from a “hold” rating to a “buy” rating in a report on Saturday, June 17th. Jefferies Group LLC lifted their price objective on Ventas from $61.00 to $64.00 and gave the company a “hold” rating in a report on Monday, May 1st. Mizuho reaffirmed a “neutral” rating on shares of Ventas in a report on Wednesday, June 28th. Finally, Mitsubishi UFJ Financial Group initiated coverage on Ventas in a report on Wednesday, June 21st. They set a “hold” rating and a $67.00 price objective on the stock. Five research analysts have rated the stock with a sell rating and eight have assigned a hold rating to the stock. Ventas has an average rating of “Hold” and an average price target of $65.13.
In related news, Chairman Debra A. Cafaro sold 100,000 shares of the stock in a transaction that occurred 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 sale, the chairman now owns 819,835 shares in the company, valued at approximately $56,666,995.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.30% of the company’s stock.
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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