Cambridge Investment Research Advisors Inc. Buys 217 Shares of Ventas, Inc. (VTR)
Cambridge Investment Research Advisors Inc. increased its position in shares of Ventas, Inc. (NYSE:VTR) by 0.3% during the second quarter, according to its most recent filing with the SEC. The firm owned 80,965 shares of the real estate investment trust’s stock after buying an additional 217 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Ventas were worth $5,625,000 as of its most recent SEC filing.
A number of other large investors also recently bought and sold shares of the stock. Advisor Partners LLC raised its position in shares of Ventas by 18.5% in the first quarter. Advisor Partners LLC now owns 4,600 shares of the real estate investment trust’s stock worth $299,000 after buying an additional 717 shares during the period. Camelot Portfolios LLC raised its position in shares of Ventas by 1.1% in the first quarter. Camelot Portfolios LLC now owns 21,737 shares of the real estate investment trust’s stock worth $1,414,000 after buying an additional 242 shares during the period. Canada Pension Plan Investment Board raised its position in shares of Ventas by 103.9% in the first quarter. Canada Pension Plan Investment Board now owns 679,438 shares of the real estate investment trust’s stock worth $44,191,000 after buying an additional 346,250 shares during the period. Wells Fargo & Company MN raised its position in shares of Ventas by 26.9% in the first quarter. Wells Fargo & Company MN now owns 1,431,076 shares of the real estate investment trust’s stock worth $93,078,000 after buying an additional 303,539 shares during the period. Finally, Linscomb & Williams Inc. raised its position in shares of Ventas by 18.5% in the first quarter. Linscomb & Williams Inc. now owns 45,946 shares of the real estate investment trust’s stock worth $2,988,000 after buying an additional 7,189 shares during the period. Institutional investors own 89.36% of the company’s stock.
Ventas, Inc. (NYSE:VTR) opened at 67.51 on Tuesday. The company’s 50-day moving average price is $67.04 and its 200-day moving average price is $65.64. The firm has a market capitalization of $24.04 billion, a price-to-earnings ratio of 34.20 and a beta of 0.07. Ventas, Inc. has a 12-month low of $56.20 and a 12-month high of $74.48.
Ventas (NYSE:VTR) last announced its earnings results on Friday, July 28th. The real estate investment trust reported $1.06 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.45 by $0.61. The firm had revenue of $895.49 million for the quarter, compared to the consensus estimate of $890.01 million. Ventas had a return on equity of 6.31% and a net margin of 20.08%. The business’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.42 EPS. Equities analysts expect that Ventas, Inc. will post $1.82 EPS for the current fiscal year.
A number of research analysts have recently commented on the company. BidaskClub raised Ventas from a “buy” rating to a “strong-buy” rating in a report on Wednesday, June 28th. Mizuho reissued a “neutral” rating on shares of Ventas in a report on Wednesday, June 28th. Mitsubishi UFJ Financial Group assumed coverage on Ventas in a report on Wednesday, June 21st. They set a “hold” rating and a $67.00 price target on the stock. Finally, Jefferies Group LLC raised their price target on Ventas from $61.00 to $64.00 and gave the company a “hold” rating in a report on Monday, May 1st. Five research analysts have rated the stock with a sell rating and six have issued a hold rating to the company’s stock. Ventas presently has an average rating of “Hold” and an average price target of $64.29.
In other Ventas news, Chairman Debra A. Cafaro sold 100,000 shares of Ventas stock in a transaction dated Thursday, June 15th. The stock was sold at an average price of $69.12, for a total transaction of $6,912,000.00. Following the transaction, the chairman now directly owns 819,835 shares of the company’s stock, valued at approximately $56,666,995.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.30% of the stock is currently owned by insiders.
Ventas Company Profile
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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