Cibc World Market Inc. Buys Shares of 54,912 Ventas, Inc. $VTR

Cibc World Market Inc. purchased a new position in Ventas, Inc. (NYSE:VTR) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 54,912 shares of the real estate investment trust’s stock, valued at approximately $4,876,000.

A number of other large investors also recently modified their holdings of the business. NewEdge Advisors LLC increased its stake in Ventas by 856.1% during the 1st quarter. NewEdge Advisors LLC now owns 7,926 shares of the real estate investment trust’s stock valued at $545,000 after buying an additional 7,097 shares during the period. Empowered Funds LLC lifted its stake in shares of Ventas by 6.8% in the 1st quarter. Empowered Funds LLC now owns 8,373 shares of the real estate investment trust’s stock worth $576,000 after acquiring an additional 536 shares during the period. Woodline Partners LP boosted its holdings in shares of Ventas by 46.8% in the first quarter. Woodline Partners LP now owns 36,826 shares of the real estate investment trust’s stock valued at $2,532,000 after acquiring an additional 11,739 shares in the last quarter. Focus Partners Wealth increased its stake in shares of Ventas by 130.4% during the first quarter. Focus Partners Wealth now owns 21,613 shares of the real estate investment trust’s stock valued at $1,486,000 after acquiring an additional 12,233 shares during the period. Finally, Gamco Investors INC. ET AL acquired a new position in shares of Ventas during the second quarter valued at approximately $805,000. 94.18% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Ventas news, Director Michael J. Embler bought 2,500 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The shares were bought at an average price of $78.81 per share, for a total transaction of $197,025.00. Following the acquisition, the director directly owned 19,202 shares of the company’s stock, valued at approximately $1,513,309.62. This trade represents a 14.97% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.53% of the stock is currently owned by company insiders.

Ventas Stock Performance

Shares of Ventas stock opened at $93.84 on Wednesday. Ventas, Inc. has a 12 month low of $66.38 and a 12 month high of $101.60. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 0.86. 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 business has a fifty day simple moving average of $91.76 and a 200-day simple moving average of $87.38.

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

Analyst Ratings Changes

A number of equities research analysts have weighed in on VTR shares. JPMorgan Chase & Co. upped their target price on Ventas from $93.00 to $94.00 and gave the stock an “overweight” rating in a research report on Monday, May 11th. Wells Fargo & Company boosted their price objective on Ventas from $93.00 to $96.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. Weiss Ratings upgraded Ventas from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, July 21st. Royal Bank Of Canada raised their target price on Ventas from $98.00 to $99.00 and gave the company an “outperform” rating in a research note on Friday, August 14th. Finally, Raymond James Financial started coverage on Ventas in a report on Tuesday, June 16th. They set an “outperform” rating and a $94.00 target price on the stock. Fourteen equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $98.00.

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.