Community Financial Services Group LLC boosted its position in Ventas, Inc. (NYSE:VTR) by 1.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 108,563 shares of the real estate investment trust’s stock after purchasing an additional 1,718 shares during the period. Ventas comprises approximately 2.9% of Community Financial Services Group LLC’s holdings, making the stock its 13th largest position. Community Financial Services Group LLC’s holdings in Ventas were worth $7,071,000 at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in the stock. Financial Architects Inc grew its stake in Ventas by 0.3% in the 2nd quarter. Financial Architects Inc now owns 3,604 shares of the real estate investment trust’s stock worth $251,000 after acquiring an additional 12 shares during the period. Wagner Bowman Management Corp lifted its holdings in Ventas by 0.8% in the 2nd quarter. Wagner Bowman Management Corp now owns 3,128 shares of the real estate investment trust’s stock worth $217,000 after buying an additional 26 shares in the last quarter. CAPROCK Group Inc. raised its stake in shares of Ventas by 0.3% in the 2nd quarter. CAPROCK Group Inc. now owns 9,205 shares of the real estate investment trust’s stock valued at $640,000 after purchasing an additional 27 shares in the last quarter. Cribstone Capital Management LLC raised its stake in shares of Ventas by 1.5% in the 2nd quarter. Cribstone Capital Management LLC now owns 1,922 shares of the real estate investment trust’s stock valued at $134,000 after purchasing an additional 28 shares in the last quarter. Finally, Good Life Advisors LLC raised its stake in shares of Ventas by 0.8% in the 2nd quarter. Good Life Advisors LLC now owns 4,023 shares of the real estate investment trust’s stock valued at $271,000 after purchasing an additional 31 shares in the last quarter. Hedge funds and other institutional investors own 89.09% of the company’s stock.
A number of brokerages recently weighed in on VTR. Capital One Financial Corporation raised shares of Ventas from an “equal weight” rating to an “overweight” rating in a research report on Monday, October 30th. BMO Capital Markets restated a “sell” rating and issued a $62.00 target price on shares of Ventas in a research report on Wednesday, October 18th. BidaskClub upgraded shares of Ventas from a “strong sell” rating to a “sell” rating in a report on Thursday, August 17th. Bank of America Corporation cut shares of Ventas from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $72.00 to $71.00 in a report on Friday, September 22nd. Finally, KeyCorp restated a “sell” rating and issued a $55.00 price target on shares of Ventas in a research report on Sunday, September 17th. Five analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $64.20.
Ventas, Inc. (NYSE:VTR) opened at $64.91 on Friday. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 1.06. The stock has a market cap of $23,082.98, a PE ratio of 15.54, a P/E/G ratio of 4.18 and a beta of 0.08. Ventas, Inc. has a 1-year low of $57.95 and a 1-year high of $72.36.
Ventas (NYSE:VTR) last issued its quarterly earnings results 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). 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 firm’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.03 EPS. equities analysts predict that Ventas, Inc. will post 4.15 earnings per share for the current fiscal year.
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Ventas Company Profile
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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