VIRGINIA RETIREMENT SYSTEMS ET Al Acquires New Shares in Ventas, Inc. $VTR

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in Ventas, Inc. (NYSE:VTR) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 194,187 shares of the real estate investment trust’s stock, valued at approximately $17,244,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Dynamic Wealth Strategies LLC purchased a new position in Ventas during the 1st quarter valued at about $25,000. Wiser Advisor Group LLC bought a new stake in shares of Ventas in the 3rd quarter valued at about $27,000. Silvant Capital Management LLC purchased a new stake in shares of Ventas in the 2nd quarter worth approximately $28,000. Meeder Asset Management Inc. purchased a new stake in shares of Ventas in the 2nd quarter worth approximately $30,000. Finally, IFC & Insurance Marketing Inc. bought a new position in shares of Ventas during the fourth quarter valued at approximately $30,000. 94.18% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages recently issued reports on VTR. Barclays lifted their price objective on shares of Ventas from $99.00 to $102.00 and gave the company an “equal weight” rating in a report on Monday, August 31st. Wells Fargo & Company upped their target price on Ventas from $96.00 to $104.00 and gave the stock an “overweight” rating in a report on Tuesday, September 1st. JPMorgan Chase & Co. increased their target price on Ventas from $93.00 to $94.00 and gave the company an “overweight” rating in a research report on Monday, May 11th. Scotiabank boosted their price target on Ventas from $93.00 to $95.00 and gave the stock a “sector perform” rating in a research report on Wednesday, September 2nd. Finally, Jefferies Financial Group raised their price objective on Ventas from $97.00 to $100.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. Fourteen investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $99.00.

Ventas Stock Performance

NYSE:VTR opened at $90.27 on Tuesday. The stock has a market capitalization of $46.30 billion, a price-to-earnings ratio of 167.17, a PEG ratio of 3.52 and a beta of 0.70. Ventas, Inc. has a 52 week low of $66.38 and a 52 week high of $101.60. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 0.86. The firm has a 50 day moving average of $92.96 and a 200 day moving average of $87.86.

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

About Ventas

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.