Signaturefd LLC boosted its holdings in Ventas, Inc. (NYSE:VTR) by 83.9% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,043 shares of the real estate investment trust’s stock after acquiring an additional 1,388 shares during the period. Signaturefd LLC’s holdings in Ventas were worth $173,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also modified their holdings of the business. Macquarie Group Ltd. grew its position in Ventas by 7.7% in the second quarter. Macquarie Group Ltd. now owns 140,070 shares of the real estate investment trust’s stock worth $7,977,000 after buying an additional 9,960 shares during the last quarter. Cubist Systematic Strategies LLC grew its position in Ventas by 207.1% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 20,599 shares of the real estate investment trust’s stock worth $1,173,000 after purchasing an additional 13,892 shares in the last quarter. Flagship Harbor Advisors LLC purchased a new position in Ventas during the 2nd quarter worth approximately $326,000. Natixis grew its position in Ventas by 30.6% during the 2nd quarter. Natixis now owns 104,471 shares of the real estate investment trust’s stock worth $5,950,000 after purchasing an additional 24,464 shares in the last quarter. Finally, First Republic Investment Management Inc. purchased a new position in Ventas during the 2nd quarter worth approximately $6,781,000. 84.30% of the stock is currently owned by hedge funds and other institutional investors.
VTR has been the subject of a number of research reports. SunTrust Banks reissued a “hold” rating and set a $58.00 target price on shares of Ventas in a research note on Tuesday, July 31st. Royal Bank of Canada set a $61.00 target price on shares of Ventas and gave the company a “buy” rating in a research note on Tuesday, July 31st. Cantor Fitzgerald reissued a “hold” rating and set a $56.00 target price on shares of Ventas in a research note on Friday, July 27th. TheStreet raised shares of Ventas from a “c+” rating to a “b-” rating in a research note on Thursday, July 5th. Finally, ValuEngine raised shares of Ventas from a “strong sell” rating to a “sell” rating in a research note on Thursday, June 28th. Five equities research analysts have rated the stock with a sell rating, ten have given a hold rating and three have given a buy rating to the company’s stock. Ventas currently has an average rating of “Hold” and a consensus price target of $55.33.
Ventas stock opened at $53.90 on Tuesday. Ventas, Inc. has a fifty-two week low of $46.55 and a fifty-two week high of $65.72. The company has a debt-to-equity ratio of 0.97, a current ratio of 0.56 and a quick ratio of 0.56. The firm has a market cap of $19.38 billion, a price-to-earnings ratio of 12.97, a PEG ratio of 3.41 and a beta of 0.14.
Ventas (NYSE:VTR) last posted its quarterly earnings data on Friday, July 27th. The real estate investment trust reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.06. Ventas had a net margin of 34.00% and a return on equity of 5.02%. The company had revenue of $942.30 million for the quarter, compared to the consensus estimate of $919.95 million. During the same quarter in the previous year, the firm posted $0.42 EPS. The business’s revenue was up 5.2% compared to the same quarter last year. Equities analysts forecast that Ventas, Inc. will post 4.06 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 12th. Stockholders of record on Monday, October 1st will be issued a dividend of $0.79 per share. The ex-dividend date is Friday, September 28th. This represents a $3.16 annualized dividend and a dividend yield of 5.86%. Ventas’s payout ratio is 75.96%.
Ventas, Inc, an S&P 500 company, is a leading real estate investment trust. Its diverse portfolio of approximately 1,200 assets in the United States, Canada and the United Kingdom consists of seniors housing communities, medical office buildings, life science and innovation centers, inpatient rehabilitation and long-term acute care facilities, health systems and skilled nursing facilities.
Recommended Story: Initial Public Offering (IPO)
Receive News & Ratings for Ventas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ventas and related companies with MarketBeat.com's FREE daily email newsletter.