Loudon Investment Management LLC Trims Stake in Ventas, Inc. (NYSE:VTR)

Loudon Investment Management LLC cut its holdings in Ventas, Inc. (NYSE:VTR) by 2.4% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 55,592 shares of the real estate investment trust’s stock after selling 1,350 shares during the quarter. Ventas comprises 3.4% of Loudon Investment Management LLC’s portfolio, making the stock its 5th largest position. Loudon Investment Management LLC’s holdings in Ventas were worth $4,060,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in VTR. Hudock Capital Group LLC lifted its position in Ventas by 10.7% in the 2nd quarter. Hudock Capital Group LLC now owns 1,558 shares of the real estate investment trust’s stock valued at $106,000 after acquiring an additional 151 shares in the last quarter. FLC Capital Advisors lifted its position in Ventas by 3.2% in the 2nd quarter. FLC Capital Advisors now owns 5,041 shares of the real estate investment trust’s stock valued at $353,000 after acquiring an additional 155 shares in the last quarter. Raymond James Trust N.A. lifted its position in Ventas by 0.6% in the 2nd quarter. Raymond James Trust N.A. now owns 26,334 shares of the real estate investment trust’s stock valued at $1,799,000 after acquiring an additional 165 shares in the last quarter. 6 Meridian lifted its position in Ventas by 2.2% in the 2nd quarter. 6 Meridian now owns 8,023 shares of the real estate investment trust’s stock valued at $548,000 after acquiring an additional 169 shares in the last quarter. Finally, H D Vest Advisory Services lifted its position in Ventas by 5.3% in the 2nd quarter. H D Vest Advisory Services now owns 3,422 shares of the real estate investment trust’s stock valued at $234,000 after acquiring an additional 172 shares in the last quarter. 87.86% of the stock is currently owned by hedge funds and other institutional investors.

Several equities research analysts recently commented on VTR shares. BMO Capital Markets cut their price objective on shares of Ventas to $63.00 and set a “market perform” rating on the stock in a research report on Friday. Capital One Financial cut shares of Ventas from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $72.00 to $68.00 in a research report on Monday, October 28th. Barclays started coverage on shares of Ventas in a research report on Tuesday, September 3rd. They issued an “equal weight” rating and a $74.00 price objective on the stock. Stifel Nicolaus cut shares of Ventas from a “buy” rating to a “hold” rating and cut their price objective for the company from $74.00 to $66.00 in a research report on Wednesday, October 30th. Finally, Morgan Stanley cut their price objective on shares of Ventas from $73.00 to $67.00 and set an “equal weight” rating on the stock in a research report on Wednesday, November 6th. Two equities research analysts have rated the stock with a sell rating and fourteen have assigned a hold rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $66.58.

In other news, EVP John D. Cobb sold 10,000 shares of the business’s stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $72.54, for a total transaction of $725,400.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 1.40% of the stock is owned by insiders.

Shares of Ventas stock traded down $0.40 during trading on Monday, hitting $59.14. 920,965 shares of the stock were exchanged, compared to its average volume of 2,132,293. The stock has a market capitalization of $22.54 billion, a price-to-earnings ratio of 14.53, a price-to-earnings-growth ratio of 5.21 and a beta of 0.17. The company has a fifty day moving average price of $70.09 and a 200-day moving average price of $68.38. Ventas, Inc. has a 1-year low of $56.52 and a 1-year high of $75.40. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.11.

Ventas (NYSE:VTR) last released its quarterly earnings data on Friday, October 25th. The real estate investment trust reported $0.23 earnings per share for the quarter, missing the consensus estimate of $0.94 by ($0.71). The firm had revenue of $983.16 million for the quarter, compared to analyst estimates of $935.43 million. Ventas had a return on equity of 4.59% and a net margin of 12.73%. The firm’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.99 earnings per share. Equities research analysts forecast that Ventas, Inc. will post 3.84 EPS for the current fiscal year.

Ventas Profile

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.

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Institutional Ownership by Quarter for Ventas (NYSE:VTR)

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