Rothschild Investment Corp IL Cuts Position in Ventas, Inc. (NYSE:VTR)

Rothschild Investment Corp IL lessened its stake in Ventas, Inc. (NYSE:VTR) by 12.4% in the third quarter, HoldingsChannel.com reports. The firm owned 55,477 shares of the real estate investment trust’s stock after selling 7,853 shares during the quarter. Rothschild Investment Corp IL’s holdings in Ventas were worth $4,051,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in VTR. Nuveen Asset Management LLC increased its holdings in shares of Ventas by 63.4% in the 2nd quarter. Nuveen Asset Management LLC now owns 6,167,982 shares of the real estate investment trust’s stock valued at $421,582,000 after purchasing an additional 2,393,109 shares in the last quarter. Heitman Real Estate Securities LLC grew its stake in Ventas by 897.7% in the 2nd quarter. Heitman Real Estate Securities LLC now owns 1,444,117 shares of the real estate investment trust’s stock valued at $98,705,000 after acquiring an additional 1,299,372 shares during the last quarter. Resolution Capital Ltd acquired a new stake in Ventas in the 2nd quarter valued at about $76,570,000. Canada Pension Plan Investment Board grew its stake in Ventas by 809.1% in the 2nd quarter. Canada Pension Plan Investment Board now owns 1,196,456 shares of the real estate investment trust’s stock valued at $81,778,000 after acquiring an additional 1,064,842 shares during the last quarter. Finally, AMP Capital Investors Ltd grew its stake in Ventas by 210.4% in the 2nd quarter. AMP Capital Investors Ltd now owns 1,420,073 shares of the real estate investment trust’s stock valued at $98,580,000 after acquiring an additional 962,587 shares during the last quarter. Institutional investors and hedge funds own 87.75% of the company’s stock.

In other Ventas news, EVP John D. Cobb sold 10,000 shares of the firm’s stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $72.54, for a total transaction of $725,400.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.40% of the stock is owned by company insiders.

VTR has been the topic of a number of research reports. ValuEngine cut shares of Ventas from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Royal Bank of Canada increased their price objective on shares of Ventas to $71.00 and gave the company an “in-line” rating in a research note on Thursday, June 20th. Berenberg Bank initiated coverage on shares of Ventas in a research note on Thursday, September 12th. They issued a “hold” rating and a $72.00 price objective on the stock. Morgan Stanley increased their price objective on shares of Ventas from $61.00 to $73.00 and gave the company an “equal weight” rating in a research note on Tuesday, September 17th. Finally, Barclays initiated coverage on shares of Ventas in a research note on Tuesday, September 3rd. They issued an “equal weight” rating and a $74.00 price objective on the stock. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and two have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $68.50.

NYSE VTR traded down $1.01 during trading hours on Friday, reaching $72.12. The company’s stock had a trading volume of 141,586 shares, compared to its average volume of 1,968,748. Ventas, Inc. has a fifty-two week low of $52.80 and a fifty-two week high of $75.40. The stock has a market cap of $27.25 billion, a PE ratio of 17.72, a PEG ratio of 7.10 and a beta of 0.22. The company’s 50-day moving average is $73.07 and its two-hundred day moving average is $67.63. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.67 and a current ratio of 0.67.

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

The company also recently declared a — dividend, which will be paid on Friday, October 11th. Shareholders of record on Tuesday, October 1st will be paid a dividend of $0.7925 per share. The ex-dividend date is Monday, September 30th. This represents a dividend yield of 4.4%. Ventas’s dividend payout ratio is currently 77.89%.

About Ventas

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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