Cornerstone Capital Management Holdings LLC. increased its position in Ventas, Inc. (NYSE:VTR) by 3.4% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 248,287 shares of the real estate investment trust’s stock after acquiring an additional 8,133 shares during the quarter. Cornerstone Capital Management Holdings LLC. owned about 0.07% of Ventas worth $16,170,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently made changes to their positions in VTR. Amica Retiree Medical Trust bought a new position in Ventas in the 3rd quarter worth about $131,000. Bronfman E.L. Rothschild L.P. boosted its stake in Ventas by 48.0% in the 2nd 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 during the period. Cable Hill Partners LLC bought a new position in Ventas in the 3rd quarter worth about $174,000. Northern Capital Management LLC bought a new position in Ventas in the 2nd quarter worth about $202,000. Finally, Carnick & Kubik Group LLC bought a new position in Ventas in the 3rd quarter worth about $204,000. 90.39% of the stock is owned by institutional investors.
VTR has been the subject of several analyst reports. Capital One Financial upgraded Ventas from an “equal weight” rating to an “overweight” rating in a research note on Monday, October 30th. BMO Capital Markets set a $62.00 target price on Ventas and gave the stock a “sell” rating in a research note on Friday, October 27th. KeyCorp restated a “sell” rating and issued a $55.00 target price on shares of Ventas in a research note on Sunday, September 17th. UBS downgraded Ventas from a “market perform” rating to an “underperform” rating in a research note on Monday, December 4th. Finally, Royal Bank Of Canada restated a “buy” rating on shares of Ventas in a research note on Wednesday, September 6th. Eight investment analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $64.44.
Shares of Ventas, Inc. (VTR) traded down $0.22 on Monday, hitting $63.31. The stock had a trading volume of 1,282,300 shares, compared to its average volume of 1,715,327. The company has a market cap of $22,550.00, a P/E ratio of 15.18, a PEG ratio of 4.08 and a beta of 0.09. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 1.06. Ventas, Inc. has a 12-month low of $58.96 and a 12-month 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 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.04 by ($0.60). The business had revenue of $899.90 million for the quarter, compared to the consensus estimate of $893.18 million. Ventas had a net margin of 32.96% and a return on equity of 6.34%. The business’s revenue was up 3.8% compared to the same quarter last year. During the same quarter last year, the business posted $1.03 EPS. equities research analysts expect that Ventas, Inc. will post 4.15 EPS for the current year.
COPYRIGHT VIOLATION NOTICE: This news story was originally reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this news story on another website, it was illegally stolen and republished in violation of U.S. and international copyright and trademark legislation. The correct version of this news story can be read at https://www.dispatchtribunal.com/2017/12/11/cornerstone-capital-management-holdings-llc-purchases-8133-shares-of-ventas-inc-vtr.html.
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.
Want to see what other hedge funds are holding VTR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ventas, Inc. (NYSE:VTR).
Receive News & Ratings for Ventas Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ventas Inc. and related companies with MarketBeat.com's FREE daily email newsletter.