39,609 Shares in Ventas, Inc. $VTR Bought by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp purchased a new stake in Ventas, Inc. (NYSE:VTR) during the 2nd quarter, HoldingsChannel reports. The firm purchased 39,609 shares of the real estate investment trust’s stock, valued at approximately $3,517,000.

Other hedge funds have also added to or reduced their stakes in the company. BlackRock Inc. bought a new position in Ventas in the 2nd quarter worth $4,953,439,000. Capital World Investors bought a new stake in shares of Ventas during the 4th quarter valued at about $594,116,000. Norges Bank bought a new stake in shares of Ventas during the 4th quarter valued at about $474,571,000. Deutsche Bank AG bought a new stake in shares of Ventas during the 2nd quarter valued at about $451,822,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Ventas by 32,509.3% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,648,776 shares of the real estate investment trust’s stock valued at $359,722,000 after buying an additional 4,634,520 shares during the period. 94.18% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, Director Michael J. Embler acquired 2,500 shares of Ventas stock in a transaction that occurred on Wednesday, June 3rd. The stock was bought at an average price of $78.81 per share, with a total value of $197,025.00. Following the transaction, the director directly owned 19,202 shares in the company, valued at approximately $1,513,309.62. This represents a 14.97% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.53% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on VTR. Royal Bank Of Canada increased their price target on shares of Ventas from $98.00 to $99.00 and gave the stock an “outperform” rating in a research note on Friday, August 14th. Scotiabank cut their price objective on Ventas from $95.00 to $88.00 and set a “sector perform” rating on the stock in a research report on Thursday, June 18th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $100.00 target price on shares of Ventas in a report on Tuesday, June 16th. Jefferies Financial Group increased their target price on Ventas from $97.00 to $100.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. Finally, Mizuho raised their target price on Ventas from $98.00 to $104.00 and gave the company an “outperform” rating in a research note on Wednesday, July 22nd. Fourteen investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $98.00.

Ventas Price Performance

Shares of VTR opened at $93.84 on Wednesday. The stock has a market cap of $48.14 billion, a PE ratio of 173.79, a price-to-earnings-growth ratio of 2.16 and a beta of 0.69. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.44 and a current ratio of 0.44. Ventas, Inc. has a fifty-two week low of $66.38 and a fifty-two week high of $101.60. The firm’s 50-day simple moving average is $91.76 and its two-hundred day simple moving average is $87.38.

Ventas (NYSE:VTR) last released its earnings results on Wednesday, July 29th. The real estate investment trust reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.96 by $0.01. Ventas had a net margin of 4.08% and a return on equity of 1.99%. The firm had revenue of $1.73 billion during the quarter, compared to analyst estimates of $1.68 billion. During the same period last year, the business earned $0.87 earnings per share. The business’s revenue was up 21.7% on a year-over-year basis. Analysts anticipate that Ventas, Inc. will post 3.89 earnings per share for the current fiscal year.

Ventas Company Profile

Ventas, Inc (NYSE: VTR) is a real estate investment trust (REIT) that specializes in healthcare-related real estate. The company acquires, owns and manages a diversified portfolio of properties serving the healthcare continuum, including senior housing communities, skilled nursing facilities, medical office buildings, life science and research centers, and other properties leased to healthcare providers and operators. Ventas generates revenue through long-term leases, property management and selective development activities focused on meeting the real estate needs of the healthcare sector.

Ventas’ business model combines property ownership with active asset management and capital markets activity.