IFP Advisors Inc lessened its position in shares of Ventas, Inc. (NYSE:VTR) by 19.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 41,221 shares of the real estate investment trust’s stock after selling 9,724 shares during the period. IFP Advisors Inc’s holdings in Ventas were worth $2,685,000 at the end of the most recent reporting period.
Other hedge funds have also recently bought and sold shares of the company. Cribstone Capital Management LLC lifted its stake in shares of Ventas by 1.5% during the second quarter. Cribstone Capital Management LLC now owns 1,922 shares of the real estate investment trust’s stock worth $134,000 after purchasing an additional 28 shares in the last quarter. Bronfman E.L. Rothschild L.P. lifted its stake in shares of Ventas by 48.0% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 2,003 shares of the real estate investment trust’s stock worth $139,000 after purchasing an additional 650 shares in the last quarter. Cable Hill Partners LLC acquired a new position in shares of Ventas during the third quarter worth about $174,000. Northern Capital Management LLC acquired a new position in shares of Ventas during the second quarter worth about $202,000. Finally, Honkamp Krueger Financial Services Inc. acquired a new position in shares of Ventas during the second quarter worth about $203,000. 89.09% of the stock is owned by hedge funds and other institutional investors.
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Several research analysts recently commented on the company. KeyCorp reiterated a “sell” rating and issued a $55.00 price target on shares of Ventas in a research note on Sunday, September 17th. Royal Bank Of Canada restated a “buy” rating on shares of Ventas in a research note on Wednesday, September 6th. Bank of America Corporation cut Ventas from a “buy” rating to a “neutral” rating and cut their price objective for the company from $72.00 to $71.00 in a research note on Friday, September 22nd. Jefferies Group LLC reaffirmed a “hold” rating and set a $66.00 target price on shares of Ventas in a report on Tuesday, August 29th. Finally, BidaskClub raised Ventas from a “strong sell” rating to a “sell” rating in a report on Thursday, August 17th. Five investment analysts have rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $64.20.
Ventas, Inc. (NYSE VTR) traded up $0.10 during trading on Friday, reaching $64.91. 928,700 shares of the company’s stock traded hands, compared to its average volume of 1,603,440. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.46 and a quick ratio of 1.46. The firm has a market capitalization of $23,118.61, a P/E ratio of 15.57, a price-to-earnings-growth ratio of 4.19 and a beta of 0.08. Ventas, Inc. has a 52-week low of $57.95 and a 52-week high of $72.36.
Ventas (NYSE:VTR) last posted its earnings results on Friday, October 27th. The real estate investment trust reported $0.44 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.04 by ($0.60). The business had revenue of $899.90 million for the quarter, compared to analyst estimates of $893.18 million. Ventas had a return on equity of 6.34% and a net margin of 32.96%. The company’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same period in the previous year, the company earned $1.03 earnings per share. equities research analysts forecast that Ventas, Inc. will post 4.15 EPS for the current year.
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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