Sigma Planning Corp Has $1.40 Million Stake in Ventas, Inc. (VTR)
Sigma Planning Corp grew its stake in Ventas, Inc. (NYSE:VTR) by 35.3% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 21,471 shares of the real estate investment trust’s stock after purchasing an additional 5,598 shares during the period. Sigma Planning Corp’s holdings in Ventas were worth $1,398,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of the company. BlackRock Inc. raised its holdings in shares of Ventas by 1.8% in the second quarter. BlackRock Inc. now owns 37,205,113 shares of the real estate investment trust’s stock worth $2,585,012,000 after buying an additional 671,502 shares during the period. APG Asset Management US Inc. raised its holdings in shares of Ventas by 1.6% in the third quarter. APG Asset Management US Inc. now owns 14,517,063 shares of the real estate investment trust’s stock worth $945,496,000 after buying an additional 228,800 shares during the period. Federated Investors Inc. PA raised its holdings in shares of Ventas by 2.2% in the second quarter. Federated Investors Inc. PA now owns 6,422,802 shares of the real estate investment trust’s stock worth $446,256,000 after buying an additional 136,293 shares during the period. Daiwa Securities Group Inc. raised its holdings in shares of Ventas by 7.3% in the third quarter. Daiwa Securities Group Inc. now owns 5,247,318 shares of the real estate investment trust’s stock worth $341,758,000 after buying an additional 357,605 shares during the period. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Ventas by 2.9% in the second quarter. Dimensional Fund Advisors LP now owns 4,924,127 shares of the real estate investment trust’s stock worth $342,127,000 after buying an additional 138,624 shares during the period. 88.94% of the stock is owned by institutional investors and hedge funds.
VTR has been the topic of several recent analyst reports. SunTrust Banks, Inc. set a $67.00 price target on Ventas and gave the stock a “hold” rating in a report on Sunday, October 29th. BMO Capital Markets set a $62.00 price objective on Ventas and gave the stock a “sell” rating in a report on Friday, October 27th. UBS AG reduced their price objective on Ventas from $69.00 to $66.00 and set a “neutral” rating on the stock in a report on Monday, October 2nd. Jefferies Group LLC restated a “hold” rating and set a $66.00 price objective on shares of Ventas in a report on Tuesday, August 29th. Finally, Capital One Financial Corporation assumed coverage on Ventas in a report on Monday, September 25th. They set an “equal weight” rating and a $69.00 price objective on the stock. Six investment analysts have rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $64.20.
Shares of Ventas, Inc. (VTR) traded down $0.35 during trading hours on Wednesday, hitting $65.04. The stock had a trading volume of 1,666,100 shares, compared to its average volume of 1,721,794. Ventas, Inc. has a twelve month low of $57.97 and a twelve month high of $72.36. The stock has a market cap of $23,289.55, a P/E ratio of 15.68, a PEG ratio of 4.22 and a beta of 0.08. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.46 and a quick ratio of 1.46.
Ventas (NYSE:VTR) last announced its quarterly earnings results on Friday, October 27th. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.04 by ($0.60). Ventas had a net margin of 32.96% and a return on equity of 6.34%. The company had revenue of $899.90 million during the quarter, compared to analysts’ expectations of $893.18 million. During the same quarter in the prior year, the business posted $1.03 earnings per share. The company’s revenue was up 3.8% compared to the same quarter last year. sell-side analysts forecast that Ventas, Inc. will post 4.15 EPS for the current fiscal year.
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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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