Ventas, Inc. (VTR) Shares Bought by Zurcher Kantonalbank Zurich Cantonalbank
Zurcher Kantonalbank Zurich Cantonalbank increased its position in Ventas, Inc. (NYSE:VTR) by 15.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 273,743 shares of the real estate investment trust’s stock after purchasing an additional 37,468 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank owned approximately 0.08% of Ventas worth $17,829,000 as of its most recent SEC filing.
Other large investors have also recently made changes to their positions in the company. Intl Fcstone Inc. bought a new position in Ventas in the second quarter worth approximately $691,000. JPMorgan Chase & Co. lifted its holdings in Ventas by 102.9% during the second quarter. JPMorgan Chase & Co. now owns 4,041,712 shares of the real estate investment trust’s stock worth $280,817,000 after buying an additional 2,049,815 shares during the period. Bradley Foster & Sargent Inc. CT lifted its holdings in Ventas by 7.6% during the second quarter. Bradley Foster & Sargent Inc. CT now owns 44,010 shares of the real estate investment trust’s stock worth $3,058,000 after buying an additional 3,121 shares during the period. Swiss National Bank lifted its holdings in Ventas by 3.0% during the second quarter. Swiss National Bank now owns 1,423,080 shares of the real estate investment trust’s stock worth $98,876,000 after buying an additional 41,800 shares during the period. Finally, Community Financial Services Group LLC lifted its holdings in Ventas by 1.6% during the third quarter. Community Financial Services Group LLC now owns 108,563 shares of the real estate investment trust’s stock worth $7,071,000 after buying an additional 1,718 shares during the period. 89.84% of the stock is currently owned by institutional investors.
A number of analysts have weighed in on VTR shares. KeyCorp restated a “sell” rating and set a $55.00 target price on shares of Ventas in a report on Sunday, September 17th. Capital One Financial Corporation upgraded Ventas from an “equal weight” rating to an “overweight” rating in a report on Monday, October 30th. Jefferies Group LLC restated a “hold” rating and set a $66.00 target price on shares of Ventas in a report on Tuesday, August 29th. BMO Capital Markets set a $62.00 target price on Ventas and gave the stock a “sell” rating in a report on Friday, October 27th. Finally, Bank of America Corporation lowered Ventas from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $72.00 to $71.00 in a report on Friday, September 22nd. Six investment analysts have rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $64.33.
Shares of Ventas, Inc. (NYSE:VTR) traded up $0.07 on Wednesday, hitting $64.32. The stock had a trading volume of 1,535,000 shares, compared to its average volume of 1,718,034. Ventas, Inc. has a 12-month low of $57.97 and a 12-month high of $72.36. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.46 and a current ratio of 1.46. The stock has a market cap of $22,883.53, a price-to-earnings ratio of 15.41, a PEG ratio of 4.14 and a beta of 0.08.
Ventas (NYSE:VTR) last issued its quarterly earnings data on Friday, October 27th. The real estate investment trust reported $0.44 EPS for the quarter, missing the 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 business had revenue of $899.90 million for the quarter, compared to analysts’ expectations of $893.18 million. During the same quarter in the prior year, the company posted $1.03 EPS. The business’s revenue for the quarter was up 3.8% on a year-over-year basis. research analysts forecast that Ventas, Inc. will post 4.16 earnings per share 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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