Ventas, Inc. (NYSE:VTR) Shares Bought by IHT Wealth Management LLC

IHT Wealth Management LLC increased its stake in shares of Ventas, Inc. (NYSE:VTR) by 18.4% in the 1st quarter, HoldingsChannel reports. The firm owned 12,776 shares of the real estate investment trust’s stock after buying an additional 1,981 shares during the quarter. IHT Wealth Management LLC’s holdings in Ventas were worth $681,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Mutual of America Capital Management LLC raised its position in shares of Ventas by 1.9% during the 1st quarter. Mutual of America Capital Management LLC now owns 48,358 shares of the real estate investment trust’s stock worth $2,579,000 after purchasing an additional 909 shares during the last quarter. Public Employees Retirement System of Ohio raised its position in shares of Ventas by 12.2% during the 1st quarter. Public Employees Retirement System of Ohio now owns 632,494 shares of the real estate investment trust’s stock worth $33,737,000 after purchasing an additional 68,909 shares during the last quarter. Vident Investment Advisory LLC raised its position in shares of Ventas by 116.6% during the 1st quarter. Vident Investment Advisory LLC now owns 38,757 shares of the real estate investment trust’s stock worth $2,069,000 after purchasing an additional 20,864 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund raised its position in shares of Ventas by 3,980.6% during the 4th quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 578,300 shares of the real estate investment trust’s stock worth $28,360,000 after purchasing an additional 564,128 shares during the last quarter. Finally, Ethic Inc. raised its position in shares of Ventas by 39.8% during the 1st quarter. Ethic Inc. now owns 9,718 shares of the real estate investment trust’s stock worth $518,000 after purchasing an additional 2,765 shares during the last quarter. Hedge funds and other institutional investors own 91.06% of the company’s stock.

In related news, CEO Debra A. Cafaro sold 18,076 shares of the company’s stock in a transaction on Thursday, July 1st. The shares were sold at an average price of $56.62, for a total transaction of $1,023,463.12. Following the completion of the sale, the chief executive officer now directly owns 759,352 shares of the company’s stock, valued at approximately $42,994,510.24. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.30% of the stock is currently owned by corporate insiders.

Shares of Ventas stock opened at $60.40 on Thursday. The business’s fifty day simple moving average is $57.22. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 1.17. Ventas, Inc. has a twelve month low of $34.19 and a twelve month high of $61.09. The stock has a market cap of $22.66 billion, a PE ratio of -241.60, a price-to-earnings-growth ratio of 5.42 and a beta of 1.28.

Ventas (NYSE:VTR) last announced its quarterly earnings results on Friday, May 7th. The real estate investment trust reported ($0.15) earnings per share for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.85). Ventas had a negative return on equity of 0.89% and a negative net margin of 2.47%. The business had revenue of $910.29 million for the quarter, compared to analysts’ expectations of $896.37 million. During the same period last year, the company posted $0.97 earnings per share. The firm’s revenue for the quarter was down 10.1% on a year-over-year basis. On average, analysts predict that Ventas, Inc. will post 2.91 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 14th. Investors of record on Thursday, July 1st were given a dividend of $0.45 per share. The ex-dividend date of this dividend was Wednesday, June 30th. This represents a $1.80 dividend on an annualized basis and a yield of 2.98%. Ventas’s dividend payout ratio (DPR) is 54.22%.

VTR has been the subject of several research reports. Royal Bank of Canada boosted their price target on Ventas from $62.00 to $65.00 and gave the company an “outperform” rating in a report on Wednesday, June 30th. Wolfe Research initiated coverage on Ventas in a report on Monday, June 14th. They issued an “outperform” rating and a $71.00 price target for the company. Scotiabank boosted their price target on Ventas from $61.00 to $63.00 and gave the company a “sector perform” rating in a report on Thursday, July 1st. Bank of America downgraded Ventas from a “buy” rating to a “neutral” rating and cut their price target for the company from $66.00 to $62.00 in a report on Thursday, July 1st. Finally, Zacks Investment Research upgraded Ventas from a “strong sell” rating to a “hold” rating and set a $58.00 price target for the company in a report on Thursday, April 8th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and six have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $56.00.

About Ventas

Ventas, an S&P 500 company, operates at the intersection of two powerful and dynamic industries Â- healthcare and real estate. As one of the world's foremost Real Estate Investment Trusts (REIT), we use the power of capital to unlock the value of real estate, partnering with leading care providers, developers, research and medical institutions, innovators and healthcare organizations whose success is buoyed by the demographic tailwind of an aging population.

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Institutional Ownership by Quarter for Ventas (NYSE:VTR)

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