GTS Securities LLC Reduces Holdings in Ventas, Inc. $VTR

GTS Securities LLC lowered its position in shares of Ventas, Inc. (NYSE:VTR) by 51.9% during the second quarter, Holdings Channel reports. The firm owned 6,221 shares of the real estate investment trust’s stock after selling 6,721 shares during the quarter. GTS Securities LLC’s holdings in Ventas were worth $552,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Dynamic Wealth Strategies LLC purchased a new position in Ventas during the 1st quarter worth approximately $25,000. Silvant Capital Management LLC acquired a new position in Ventas during the second quarter worth approximately $28,000. Meeder Asset Management Inc. purchased a new stake in Ventas in the second quarter valued at approximately $30,000. Wiser Advisor Group LLC purchased a new stake in Ventas in the third quarter valued at approximately $27,000. Finally, IFC & Insurance Marketing Inc. acquired a new stake in shares of Ventas in the fourth quarter valued at approximately $30,000. 94.18% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

VTR has been the topic of a number of recent research reports. Mizuho lifted their price objective on shares of Ventas from $98.00 to $104.00 and gave the company an “outperform” rating in a research note on Wednesday, July 22nd. Barclays assumed coverage on shares of Ventas in a report on Tuesday, July 7th. They set an “equal weight” rating and a $99.00 price target for the company. Wells Fargo & Company raised their price objective on shares of Ventas from $93.00 to $96.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. Weiss Ratings raised Ventas from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, July 21st. Finally, Royal Bank Of Canada boosted their target price on Ventas from $98.00 to $99.00 and gave the stock an “outperform” rating in a research report on Friday, August 14th. Fourteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, Ventas presently has an average rating of “Moderate Buy” and an average price target of $98.00.

Ventas Stock Performance

NYSE:VTR opened at $91.78 on Monday. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 0.86. Ventas, Inc. has a fifty-two week low of $66.38 and a fifty-two week high of $101.60. The stock has a market cap of $47.08 billion, a PE ratio of 169.96, a price-to-earnings-growth ratio of 2.11 and a beta of 0.69. The firm’s fifty day simple moving average is $92.42 and its 200-day simple moving average is $87.61.

Ventas (NYSE:VTR) last announced its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $0.97 EPS for the quarter, beating the consensus estimate of $0.96 by $0.01. The firm had revenue of $1.73 billion during the quarter, compared to analysts’ expectations of $1.68 billion. Ventas had a net margin of 4.08% and a return on equity of 1.99%. The business’s revenue for the quarter was up 21.7% compared to the same quarter last year. During the same quarter last year, the business earned $0.87 earnings per share. Analysts expect that Ventas, Inc. will post 3.89 earnings per share for the current fiscal year.

Insider Transactions at Ventas

In related news, Director Michael J. Embler bought 2,500 shares of the company’s stock in a transaction on Wednesday, June 3rd. The stock was bought at an average cost of $78.81 per share, with a total value of $197,025.00. Following the completion of the acquisition, the director owned 19,202 shares in the company, valued at approximately $1,513,309.62. This represents a 14.97% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.53% of the company’s stock.

Ventas Profile

Ventas, Inc (NYSE: VTR) is a real estate investment trust (REIT) that specializes in healthcare-related real estate. The company acquires, owns and manages a diversified portfolio of properties serving the healthcare continuum, including senior housing communities, skilled nursing facilities, medical office buildings, life science and research centers, and other properties leased to healthcare providers and operators. Ventas generates revenue through long-term leases, property management and selective development activities focused on meeting the real estate needs of the healthcare sector.

Ventas’ business model combines property ownership with active asset management and capital markets activity.