Securian Asset Management Inc lowered its holdings in Ventas, Inc. (NYSE:VTR) by 9.2% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 347,936 shares of the real estate investment trust’s stock after selling 35,360 shares during the quarter. Securian Asset Management Inc’s holdings in Ventas were worth $23,782,000 as of its most recent filing with the SEC.
Other institutional investors have also added to or reduced their stakes in the company. Cornerstone Advisors Inc. increased its position in shares of Ventas by 88.9% in the first quarter. Cornerstone Advisors Inc. now owns 391 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 184 shares in the last quarter. Kavar Capital Partners LLC purchased a new position in shares of Ventas in the second quarter valued at $27,000. Gradient Investments LLC increased its position in shares of Ventas by 1,007.7% in the second quarter. Gradient Investments LLC now owns 432 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 393 shares in the last quarter. Heritage Wealth Advisors increased its position in shares of Ventas by 59.3% in the first quarter. Heritage Wealth Advisors now owns 478 shares of the real estate investment trust’s stock valued at $31,000 after buying an additional 178 shares in the last quarter. Finally, Investors Research Corp purchased a new position in shares of Ventas in the first quarter valued at $32,000. 87.24% of the stock is owned by institutional investors.
A number of analysts recently commented on the company. Raymond James upgraded Ventas from an “underperform” rating to a “market perform” rating in a research report on Tuesday, April 30th. Stifel Nicolaus upgraded Ventas from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $65.00 to $74.00 in a research report on Wednesday, June 19th. Mitsubishi UFJ Financial Group lifted their price objective on Ventas to $67.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 19th. Bank of America reiterated a “neutral” rating and set a $72.50 price objective (up previously from $67.00) on shares of Ventas in a research report on Friday, June 21st. Finally, Citigroup upgraded Ventas from a “neutral” rating to a “buy” rating and lifted their price target for the company from $67.00 to $76.00 in a report on Wednesday, June 19th. Two analysts have rated the stock with a sell rating, ten have given a hold rating and two have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $66.59.
VTR traded down $0.17 during midday trading on Tuesday, hitting $73.15. The company’s stock had a trading volume of 453,175 shares, compared to its average volume of 1,879,756. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.94. The firm has a market cap of $27.26 billion, a P/E ratio of 17.97, a PEG ratio of 6.01 and a beta of 0.27. The firm has a 50-day moving average price of $69.39 and a two-hundred day moving average price of $65.16. Ventas, Inc. has a 52-week low of $51.80 and a 52-week high of $73.74.
Ventas (NYSE:VTR) last posted its quarterly earnings results on Friday, July 26th. The real estate investment trust reported $0.58 EPS for the quarter, missing the consensus estimate of $0.96 by ($0.38). The business had revenue of $950.70 million during the quarter, compared to analysts’ expectations of $931.16 million. Ventas had a net margin of 13.34% and a return on equity of 4.78%. The firm’s quarterly revenue was up .9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.46 EPS. On average, equities analysts expect that Ventas, Inc. will post 3.84 EPS for the current year.
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, university-based research and innovation centers, inpatient rehabilitation and long-term acute care facilities, and health systems.
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