Ventas, Inc. (VTR) Position Lowered by Keybank National Association OH
Keybank National Association OH cut its holdings in shares of Ventas, Inc. (NYSE:VTR) by 14.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,293 shares of the real estate investment trust’s stock after selling 1,215 shares during the period. Keybank National Association OH’s holdings in Ventas were worth $475,000 at the end of the most recent reporting period.
Other institutional investors have also added to or reduced their stakes in the company. Bronfman E.L. Rothschild L.P. boosted its position 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 valued at $139,000 after buying an additional 650 shares during the last quarter. Cable Hill Partners LLC purchased a new stake in shares of Ventas during the third quarter valued at $174,000. Northern Capital Management LLC purchased a new stake in shares of Ventas during the second quarter valued at $202,000. Honkamp Krueger Financial Services Inc. purchased a new stake in shares of Ventas during the second quarter valued at $203,000. Finally, Strategic Financial Group LLC purchased a new stake in shares of Ventas during the second quarter valued at $208,000. 88.94% of the stock is currently owned by institutional investors.
Several equities research analysts recently commented on VTR shares. SunTrust Banks, Inc. set a $67.00 price objective on Ventas and gave the company a “hold” rating in a research report on Sunday, October 29th. BMO Capital Markets set a $62.00 target price on Ventas and gave the stock a “sell” rating in a research report on Friday, October 27th. UBS AG dropped their target price on Ventas from $69.00 to $66.00 and set a “neutral” rating on the stock in a research report on Monday, October 2nd. Jefferies Group LLC reissued a “hold” rating and issued a $66.00 target price on shares of Ventas in a research report on Tuesday, August 29th. Finally, Capital One Financial Corporation initiated coverage on Ventas in a research report on Monday, September 25th. They issued an “equal weight” rating and a $69.00 target price on the stock. Six investment analysts have rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $64.20.
Ventas, Inc. (NYSE:VTR) opened at $64.40 on Friday. Ventas, Inc. has a 12-month low of $57.97 and a 12-month high of $72.36. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.46 and a current ratio of 1.46. The firm has a market capitalization of $22,980.00, a PE ratio of 15.60, a PEG ratio of 4.19 and a beta of 0.09.
Ventas (NYSE:VTR) last posted its quarterly earnings data on Friday, October 27th. The real estate investment trust reported $0.44 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.04 by ($0.60). Ventas had a net margin of 32.96% and a return on equity of 6.34%. The company had revenue of $899.90 million for the quarter, compared to analysts’ expectations of $893.18 million. During the same period in the previous year, the firm earned $1.03 earnings per share. The firm’s quarterly revenue was up 3.8% on a year-over-year basis. sell-side analysts predict that Ventas, Inc. will post 4.15 earnings per share 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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