Little House Capital LLC bought a new stake in shares of Ventas, Inc. (NYSE:VTR) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 9,874 shares of the real estate investment trust’s stock, valued at approximately $728,000.
Several other institutional investors also recently added to or reduced their stakes in the stock. Mason Street Advisors LLC lifted its position in shares of Ventas by 0.8% during the 3rd quarter. Mason Street Advisors LLC now owns 53,081 shares of the real estate investment trust’s stock valued at $3,877,000 after acquiring an additional 397 shares during the period. Tower Research Capital LLC TRC lifted its position in shares of Ventas by 752.1% during the 3rd quarter. Tower Research Capital LLC TRC now owns 9,109 shares of the real estate investment trust’s stock valued at $666,000 after acquiring an additional 8,040 shares during the period. Gilbert & Cook Inc. acquired a new position in shares of Ventas during the 3rd quarter valued at $209,000. Unigestion Holding SA lifted its position in shares of Ventas by 8.0% during the 3rd quarter. Unigestion Holding SA now owns 1,204,500 shares of the real estate investment trust’s stock valued at $87,965,000 after acquiring an additional 89,700 shares during the period. Finally, Daiwa Securities Group Inc. lifted its position in shares of Ventas by 2.7% during the 3rd quarter. Daiwa Securities Group Inc. now owns 84,908 shares of the real estate investment trust’s stock valued at $6,201,000 after acquiring an additional 2,270 shares during the period. Institutional investors own 87.86% of the company’s stock.
A number of brokerages have commented on VTR. Stifel Nicolaus lowered shares of Ventas from a “buy” rating to a “hold” rating and decreased their price target for the company from $74.00 to $66.00 in a research note on Wednesday, October 30th. BMO Capital Markets decreased their price target on shares of Ventas to $63.00 and set a “market perform” rating for the company in a research note on Friday. Citigroup lowered shares of Ventas from a “buy” rating to a “neutral” rating and decreased their price target for the company from $76.00 to $67.00 in a research note on Monday, October 28th. Morgan Stanley decreased their price target on shares of Ventas from $73.00 to $67.00 and set an “equal weight” rating for the company in a research note on Wednesday, November 6th. Finally, Berenberg Bank began coverage on shares of Ventas in a research note on Thursday, September 12th. They set a “hold” rating and a $72.00 price target for the company. Two analysts have rated the stock with a sell rating and fourteen have assigned a hold rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $66.58.
Shares of NYSE VTR traded down $0.44 during trading on Monday, hitting $59.10. The stock had a trading volume of 1,696,125 shares, compared to its average volume of 2,132,293. Ventas, Inc. has a 12 month low of $56.52 and a 12 month high of $75.40. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.72 and a quick ratio of 0.72. The company has a market capitalization of $22.54 billion, a PE ratio of 14.52, a PEG ratio of 5.21 and a beta of 0.17. The firm has a fifty day moving average of $70.09 and a two-hundred day moving average of $68.38.
Ventas (NYSE:VTR) last posted its earnings results on Friday, October 25th. The real estate investment trust reported $0.23 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.94 by ($0.71). Ventas had a return on equity of 4.59% and a net margin of 12.73%. The firm had revenue of $983.16 million during the quarter, compared to the consensus estimate of $935.43 million. During the same quarter in the previous year, the company earned $0.99 EPS. The business’s revenue was up 5.0% compared to the same quarter last year. On average, equities analysts expect that Ventas, Inc. will post 3.84 earnings per share for the current fiscal year.
In other news, EVP John D. Cobb sold 10,000 shares of the company’s stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $72.54, for a total value of $725,400.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 1.40% of the company’s stock.
Ventas, Inc, an S&P 500 company, is a leading real estate investment trust. Its diverse portfolio of approximately 1,200 assets in the United States, Canada and the United Kingdom consists of seniors housing communities, medical office buildings, university-based research and innovation centers, inpatient rehabilitation and long-term acute care facilities, and health systems.
Recommended Story: Producer Price Index (PPI)
Receive News & Ratings for Ventas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ventas and related companies with MarketBeat.com's FREE daily email newsletter.