Cipher Capital LP bought a new position in Ventas, Inc. (NYSE:VTR) in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 11,537 shares of the real estate investment trust’s stock, valued at approximately $751,000.
Other hedge funds have also recently modified their holdings of the company. Intl Fcstone Inc. purchased a new position in shares of Ventas during the 2nd quarter valued at about $691,000. JPMorgan Chase & Co. raised its stake in shares of Ventas by 102.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 4,041,712 shares of the real estate investment trust’s stock valued at $280,817,000 after buying an additional 2,049,815 shares during the last quarter. Bradley Foster & Sargent Inc. CT raised its stake in shares of Ventas by 7.6% during the 2nd quarter. Bradley Foster & Sargent Inc. CT now owns 44,010 shares of the real estate investment trust’s stock valued at $3,058,000 after buying an additional 3,121 shares during the last quarter. Swiss National Bank raised its stake in shares of Ventas by 3.0% during the 2nd quarter. Swiss National Bank now owns 1,423,080 shares of the real estate investment trust’s stock valued at $98,876,000 after buying an additional 41,800 shares during the last quarter. Finally, Community Financial Services Group LLC raised its stake in shares of Ventas by 1.6% during the 3rd quarter. Community Financial Services Group LLC now owns 108,563 shares of the real estate investment trust’s stock valued at $7,071,000 after buying an additional 1,718 shares during the last quarter. Institutional investors own 89.84% of the company’s stock.
Ventas, Inc. (NYSE:VTR) traded up $0.44 during mid-day trading on Friday, reaching $64.68. The company had a trading volume of 598,361 shares, compared to its average volume of 1,459,330. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 1.06. Ventas, Inc. has a 12 month low of $57.97 and a 12 month high of $72.36. The firm has a market cap of $23,036.69, a PE ratio of 15.51, a price-to-earnings-growth ratio of 4.17 and a beta of 0.08.
Ventas (NYSE:VTR) last posted its quarterly earnings data on Friday, October 27th. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.04 by ($0.60). Ventas had a return on equity of 6.34% and a net margin of 32.96%. The firm had revenue of $899.90 million during the quarter, compared to analyst estimates of $893.18 million. During the same quarter in the previous year, the firm posted $1.03 earnings per share. The company’s quarterly revenue was up 3.8% on a year-over-year basis. equities research analysts anticipate that Ventas, Inc. will post 4.16 earnings per share for the current fiscal year.
A number of equities analysts have weighed in on VTR shares. BidaskClub lowered Ventas from a “sell” rating to a “strong sell” rating in a research note on Wednesday, August 9th. Jefferies Group LLC reiterated a “hold” rating and set a $66.00 price objective on shares of Ventas in a research note on Tuesday, August 29th. Royal Bank Of Canada reiterated a “buy” rating on shares of Ventas in a research note on Wednesday, September 6th. KeyCorp restated a “sell” rating and issued a $55.00 price target on shares of Ventas in a research note on Sunday, September 17th. Finally, Bank of America Corporation lowered Ventas from a “buy” rating to a “neutral” rating and cut their price target for the company from $72.00 to $71.00 in a research note on Friday, September 22nd. Five equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $64.33.
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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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