Ventas, Inc. (VTR) Shares Sold by ProShare Advisors LLC
ProShare Advisors LLC lowered its stake in shares of Ventas, Inc. (NYSE:VTR) by 1.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 151,368 shares of the real estate investment trust’s stock after selling 2,435 shares during the period. ProShare Advisors LLC’s holdings in Ventas were worth $10,517,000 at the end of the most recent quarter.
Several other hedge funds also recently modified their holdings of the company. Financial Architects Inc increased its stake in shares of Ventas by 0.3% during the 2nd quarter. Financial Architects Inc now owns 3,604 shares of the real estate investment trust’s stock worth $251,000 after purchasing an additional 12 shares during the last quarter. Good Life Advisors LLC increased its stake in shares of Ventas by 0.4% during the 1st quarter. Good Life Advisors LLC now owns 3,992 shares of the real estate investment trust’s stock worth $259,000 after purchasing an additional 17 shares during the last quarter. Wagner Bowman Management Corp increased its stake in shares of Ventas by 0.8% during the 2nd quarter. Wagner Bowman Management Corp now owns 3,128 shares of the real estate investment trust’s stock worth $217,000 after purchasing an additional 26 shares during the last quarter. CAPROCK Group Inc. increased its stake in shares of Ventas by 0.3% during the 2nd quarter. CAPROCK Group Inc. now owns 9,205 shares of the real estate investment trust’s stock worth $640,000 after purchasing an additional 27 shares during the last quarter. Finally, Cribstone Capital Management LLC increased its stake in shares of Ventas by 1.5% during the 2nd quarter. Cribstone Capital Management LLC now owns 1,922 shares of the real estate investment trust’s stock worth $134,000 after purchasing an additional 28 shares during the last quarter. Institutional investors own 89.17% of the company’s stock.
Several brokerages have recently issued reports on VTR. BidaskClub lowered shares of Ventas from a “sell” rating to a “strong sell” rating in a research note on Wednesday, August 9th. KeyCorp restated a “sell” rating and set a $55.00 price target on shares of Ventas in a research note on Sunday. Mizuho restated a “neutral” rating on shares of Ventas in a research note on Wednesday, June 28th. Royal Bank Of Canada restated a “buy” rating on shares of Ventas in a research note on Wednesday, September 6th. Finally, Jefferies Group LLC reaffirmed a “hold” rating and issued a $66.00 price objective on shares of Ventas in a report on Tuesday, August 29th. Six equities research analysts have rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company’s stock. Ventas currently has a consensus rating of “Hold” and an average target price of $63.38.
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Ventas, Inc. (VTR) traded down 0.22% on Monday, reaching $69.21. 41,165 shares of the company traded hands. The stock’s 50-day moving average is $67.30 and its 200-day moving average is $66.24. Ventas, Inc. has a 1-year low of $56.20 and a 1-year high of $73.23. The stock has a market capitalization of $24.65 billion, a price-to-earnings ratio of 35.06 and a beta of 0.08.
Ventas (NYSE:VTR) last announced its earnings results on Friday, July 28th. The real estate investment trust reported $1.06 EPS for the quarter, beating the Zacks’ consensus estimate of $0.45 by $0.61. Ventas had a net margin of 20.08% and a return on equity of 6.31%. The business had revenue of $895.49 million during the quarter, compared to analysts’ expectations of $890.01 million. During the same period in the prior year, the company earned $0.42 earnings per share. The firm’s revenue was up 5.6% on a year-over-year basis. Equities research analysts expect that Ventas, Inc. will post $1.82 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Tuesday, September 12th will be issued a dividend of $0.775 per share. The ex-dividend date is Monday, September 11th. This represents a $3.10 dividend on an annualized basis and a yield of 4.47%. Ventas’s dividend payout ratio is currently 157.36%.
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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