Integrated Wealth Management Purchases 1,885 Shares of Ventas Inc. (VTR)
Integrated Wealth Management raised its stake in shares of Ventas Inc. (NYSE:VTR) by 35.2% during the second quarter, Holdings Channel reports. The institutional investor owned 7,246 shares of the real estate investment trust’s stock after buying an additional 1,885 shares during the period. Integrated Wealth Management’s holdings in Ventas were worth $528,000 as of its most recent SEC filing.
A number of other large investors have also bought and sold shares of the stock. Capital Advisors Ltd. LLC raised its stake in Ventas by 48.0% in the second quarter. Capital Advisors Ltd. LLC now owns 1,542 shares of the real estate investment trust’s stock valued at $112,000 after buying an additional 500 shares in the last quarter. Acadian Asset Management LLC increased its stake in Ventas by 33.6% in the second quarter. Acadian Asset Management LLC now owns 1,884 shares of the real estate investment trust’s stock worth $137,000 after buying an additional 474 shares during the last quarter. Washington Trust Bank increased its stake in Ventas by 12.7% in the second quarter. Washington Trust Bank now owns 2,048 shares of the real estate investment trust’s stock worth $149,000 after buying an additional 230 shares during the last quarter. Financial Architects Inc increased its stake in Ventas by 120.6% in the second quarter. Financial Architects Inc now owns 2,713 shares of the real estate investment trust’s stock worth $198,000 after buying an additional 1,483 shares during the last quarter. Finally, 1st Global Advisors Inc. purchased a new stake in Ventas during the second quarter worth $206,000. 89.37% of the stock is owned by institutional investors.
Shares of Ventas Inc. (NYSE:VTR) traded up 0.33% on Wednesday, reaching $67.88. The company had a trading volume of 561,174 shares. The stock’s 50 day moving average is $69.73 and its 200 day moving average is $69.10. The firm has a market capitalization of $23.85 billion, a price-to-earnings ratio of 52.26 and a beta of 0.31. Ventas Inc. has a 52 week low of $46.87 and a 52 week high of $76.80.
Ventas (NYSE:VTR) last posted its quarterly earnings data on Friday, July 29th. The real estate investment trust reported $1.04 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $1.04. Ventas had a net margin of 13.05% and a return on equity of 4.81%. The company had revenue of $848.50 million for the quarter, compared to analyst estimates of $845.40 million. During the same period in the prior year, the company posted $1.18 EPS. The firm’s revenue for the quarter was up 4.5% on a year-over-year basis. On average, equities analysts anticipate that Ventas Inc. will post $4.12 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, September 30th. Investors of record on Thursday, September 15th were given a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a yield of 4.32%. The ex-dividend date of this dividend was Tuesday, September 13th. Ventas’s dividend payout ratio (DPR) is currently 224.62%.
VTR has been the topic of a number of research reports. Zacks Investment Research upgraded Ventas from a “hold” rating to a “buy” rating and set a $83.00 price target on the stock in a research report on Tuesday, July 26th. Mizuho raised their price target on Ventas from $71.00 to $82.00 and gave the company a “buy” rating in a research report on Wednesday, July 6th. Barclays PLC restated a “hold” rating and set a $64.00 price target on shares of Ventas in a research report on Thursday, July 7th. Argus initiated coverage on Ventas in a research report on Wednesday, July 13th. They set a “hold” rating on the stock. Finally, Raymond James Financial Inc. initiated coverage on Ventas in a research report on Tuesday, July 26th. They set a “market perform” rating on the stock. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and four have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $67.00.
In related news, SVP Gregory R. Liebbe sold 6,943 shares of the stock in a transaction dated Friday, August 19th. The shares were sold at an average price of $73.20, for a total value of $508,227.60. Following the sale, the senior vice president now directly owns 7,585 shares of the company’s stock, valued at approximately $555,222. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP T Richard Riney sold 169,450 shares of the stock in a transaction dated Wednesday, August 17th. The stock was sold at an average price of $72.98, for a total transaction of $12,366,461.00. Following the completion of the sale, the executive vice president now directly owns 176,170 shares in the company, valued at $12,856,886.60. The disclosure for this sale can be found here. 1.10% of the stock is currently owned by corporate insiders.
Ventas Company Profile
Ventas, Inc is a healthcare 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 MOB operations. In its triple-net leased properties segment, the Company acquires and owns seniors housing and healthcare properties throughout the United States and the United Kingdom.
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.