Meadow Creek Investment Management LLC Has $4 Million Position in Ventas, Inc. (NYSE:VTR)

Meadow Creek Investment Management LLC increased its stake in shares of Ventas, Inc. (NYSE:VTR) by 44.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 58,514 shares of the real estate investment trust’s stock after purchasing an additional 17,952 shares during the quarter. Meadow Creek Investment Management LLC’s holdings in Ventas were worth $3,999,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently made changes to their positions in VTR. Hudock Capital Group LLC grew its stake in shares of 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 buying an additional 151 shares in the last quarter. FLC Capital Advisors increased its stake in shares of Ventas by 3.2% during the 2nd quarter. FLC Capital Advisors now owns 5,041 shares of the real estate investment trust’s stock worth $353,000 after purchasing an additional 155 shares during the last quarter. Raymond James Trust N.A. increased its stake in shares of Ventas by 0.6% during the 2nd quarter. Raymond James Trust N.A. now owns 26,334 shares of the real estate investment trust’s stock worth $1,799,000 after purchasing an additional 165 shares during the last quarter. 6 Meridian raised its holdings in shares of Ventas by 2.2% during the 2nd quarter. 6 Meridian now owns 8,023 shares of the real estate investment trust’s stock valued at $548,000 after purchasing an additional 169 shares in the last quarter. Finally, H D Vest Advisory Services raised its holdings in shares of Ventas by 5.3% during 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 purchasing an additional 172 shares in the last quarter. 87.74% of the stock is currently owned by hedge funds and other institutional investors.

NYSE:VTR traded down $0.25 during midday trading on Wednesday, reaching $71.71. The stock had a trading volume of 253,128 shares, compared to its average volume of 1,509,056. Ventas, Inc. has a 1-year low of $51.80 and a 1-year high of $75.40. The firm’s fifty day simple moving average is $71.37 and its 200-day simple moving average is $66.18. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.67 and a quick ratio of 0.67. The stock has a market capitalization of $26.64 billion, a P/E ratio of 17.62, a PEG ratio of 6.07 and a beta of 0.23.

Ventas (NYSE:VTR) last released its earnings results on Friday, July 26th. The real estate investment trust reported $0.58 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.96 by ($0.38). The firm had revenue of $950.70 million for the quarter, compared to analyst estimates of $931.16 million. Ventas had a return on equity of 4.78% and a net margin of 13.34%. The firm’s revenue was up .9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.46 EPS. On average, equities research analysts anticipate that Ventas, Inc. will post 3.84 earnings per share for the current fiscal year.

VTR has been the subject of several analyst reports. BMO Capital Markets reaffirmed a “hold” rating and issued a $73.00 price objective on shares of Ventas in a research note on Monday, July 29th. ValuEngine downgraded shares of Ventas from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. Royal Bank of Canada raised their target price on Ventas to $71.00 and gave the company an “in-line” rating in a report on Thursday, June 20th. Bank of America reaffirmed a “neutral” rating and issued a $72.50 price target (up previously from $67.00) on shares of Ventas in a research report on Friday, June 21st. Finally, Citigroup upgraded Ventas from a “neutral” rating to a “buy” rating and upped their price target for the stock from $67.00 to $76.00 in a research note on Wednesday, June 19th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and two have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $67.21.

In related news, Chairman Debra A. Cafaro sold 68,084 shares of the business’s stock in a transaction dated Friday, June 14th. The stock was sold at an average price of $66.54, for a total transaction of $4,530,309.36. Following the completion of the transaction, the chairman now owns 805,835 shares of the company’s stock, valued at approximately $53,620,260.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman Debra A. Cafaro sold 68,080 shares of the business’s stock in a transaction dated Wednesday, June 19th. The stock was sold at an average price of $69.04, for a total value of $4,700,243.20. Following the transaction, the chairman now directly owns 741,358 shares of the company’s stock, valued at approximately $51,183,356.32. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 175,866 shares of company stock worth $12,048,458. 1.40% of the stock is currently owned by company insiders.

Ventas Company 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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