Global Retirement Partners LLC Acquires Shares of 6,404 Ventas, Inc. $VTR

Global Retirement Partners LLC bought a new position in Ventas, Inc. (NYSE:VTR) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor bought 6,404 shares of the real estate investment trust’s stock, valued at approximately $569,000.

Several other institutional investors also recently modified their holdings of VTR. Dynamic Wealth Strategies LLC bought a new stake in Ventas during the first quarter worth about $25,000. Wiser Advisor Group LLC purchased a new stake in Ventas in the third quarter worth about $27,000. IFC & Insurance Marketing Inc. bought a new position in shares of Ventas during the fourth quarter valued at approximately $30,000. Elyxium Wealth LLC purchased a new position in shares of Ventas during the fourth quarter valued at approximately $33,000. Finally, Reflection Asset Management purchased a new position in shares of Ventas during the fourth quarter valued at approximately $34,000. 94.18% of the stock is currently owned by institutional investors.

Ventas Stock Performance

VTR stock opened at $91.24 on Wednesday. The stock’s 50 day simple moving average is $90.86 and its 200 day simple moving average is $86.83. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 0.86. Ventas, Inc. has a 12-month low of $66.38 and a 12-month high of $101.60. The stock has a market capitalization of $46.80 billion, a PE ratio of 168.96, a price-to-earnings-growth ratio of 2.11 and a beta of 0.69.

Ventas (NYSE:VTR) last posted its earnings results on Wednesday, July 29th. The real estate investment trust reported $0.97 EPS for the quarter, topping analysts’ consensus estimates of $0.96 by $0.01. Ventas had a return on equity of 1.99% and a net margin of 4.08%.The business had revenue of $1.73 billion during the quarter, compared to analyst estimates of $1.68 billion. During the same quarter last year, the company earned $0.87 EPS. The company’s quarterly revenue was up 21.7% compared to the same quarter last year. As a group, research analysts forecast that Ventas, Inc. will post 3.89 earnings per share for the current fiscal year.

Insider Activity at Ventas

In other Ventas 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 cost of $78.81 per share, for a total transaction of $197,025.00. Following the acquisition, the director owned 19,202 shares of the company’s stock, valued at $1,513,309.62. This represents a 14.97% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.53% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Jefferies Financial Group boosted their price target on Ventas from $97.00 to $100.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. Evercore reaffirmed an “outperform” rating and set a $95.00 price objective on shares of Ventas in a research report on Wednesday, April 29th. Royal Bank Of Canada lifted their price objective on Ventas from $98.00 to $99.00 and gave the company an “outperform” rating in a research note on Friday, August 14th. Cantor Fitzgerald boosted their target price on Ventas from $97.00 to $102.00 and gave the stock an “overweight” rating in a report on Friday, July 31st. Finally, JPMorgan Chase & Co. increased their target price on Ventas from $93.00 to $94.00 and gave the stock an “overweight” rating in a research note on Monday, May 11th. Fifteen investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, Ventas presently has a consensus rating of “Moderate Buy” and a consensus price target of $98.00.

About Ventas

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.