Brasada Capital Management LP Purchases Shares of 16,918 Ventas, Inc. $VTR

Brasada Capital Management LP acquired a new position in shares of Ventas, Inc. (NYSE:VTR) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 16,918 shares of the real estate investment trust’s stock, valued at approximately $1,502,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Dynamic Wealth Strategies LLC purchased a new position in shares of Ventas during the first quarter valued at approximately $25,000. Wiser Advisor Group LLC purchased a new stake in Ventas in the 3rd quarter valued at $27,000. Silvant Capital Management LLC purchased a new stake in Ventas in the 2nd quarter valued at $28,000. IFC & Insurance Marketing Inc. bought a new position in Ventas during the 4th quarter valued at $30,000. Finally, Meeder Asset Management Inc. bought a new position in Ventas during the 2nd quarter valued at $30,000. 94.18% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Ventas

In related news, Director Michael J. Embler acquired 2,500 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was acquired at an average price of $78.81 per share, for a total transaction of $197,025.00. Following the completion of the acquisition, the director owned 19,202 shares of the company’s stock, valued at approximately $1,513,309.62. This represents a 14.97% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.53% of the company’s stock.

Analyst Ratings Changes

VTR has been the subject of several recent analyst reports. Raymond James Financial began coverage on shares of Ventas in a research note on Tuesday, June 16th. They issued an “outperform” rating and a $94.00 target price for the company. Citigroup raised their price target on shares of Ventas from $100.00 to $110.00 and gave the company a “buy” rating in a research report on Tuesday, August 4th. KeyCorp boosted their price target on shares of Ventas from $90.00 to $95.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. UBS Group upped their price objective on shares of Ventas from $85.00 to $93.00 and gave the stock a “neutral” rating in a research report on Monday, May 4th. Finally, Wells Fargo & Company increased their price objective on shares of Ventas from $93.00 to $96.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. Fourteen investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $98.00.

Ventas Stock Down 0.6%

Shares of NYSE:VTR opened at $92.89 on Friday. The company has a market capitalization of $47.65 billion, a PE ratio of 172.02, a price-to-earnings-growth ratio of 2.15 and a beta of 0.69. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.44 and a quick ratio of 0.44. The business has a fifty day moving average price of $92.22 and a two-hundred day moving average price of $87.54. Ventas, Inc. has a 1 year low of $66.38 and a 1 year high of $101.60.

Ventas (NYSE:VTR) last released its earnings results on Wednesday, July 29th. The real estate investment trust reported $0.97 EPS for the quarter, topping analysts’ consensus estimates of $0.96 by $0.01. The company had revenue of $1.73 billion for the quarter, compared to analysts’ expectations of $1.68 billion. Ventas had a return on equity of 1.99% and a net margin of 4.08%.The business’s revenue for the quarter was up 21.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.87 EPS. Analysts forecast that Ventas, Inc. will post 3.89 earnings per share for the current year.

Ventas Company Profile

Ventas, Inc (NYSE: VTR) is a real estate investment trust (REIT) that specializes in healthcare-related real estate. The company acquires, owns and manages a diversified portfolio of properties serving the healthcare continuum, including senior housing communities, skilled nursing facilities, medical office buildings, life science and research centers, and other properties leased to healthcare providers and operators. Ventas generates revenue through long-term leases, property management and selective development activities focused on meeting the real estate needs of the healthcare sector.

Ventas’ business model combines property ownership with active asset management and capital markets activity.