Today, Alps Advisors Inc. decides to keep it stake in Ventas Inc. (VTR) to the level of $2,560,000

Today, Alps Advisors Inc. decides to keep it stake in Ventas Inc. (VTR) to the level of $2,560,000
Alps Advisors Inc. decreased its stake in Ventas Inc. (NYSE:VTR) by 5.0% during the third quarter, Holdings Channel reports. The institutional investor owned 36,251 shares of the real estate investment trust’s stock after selling 1,909 shares during the period. Alps Advisors Inc.’s holdings in Ventas were worth $2,560,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Capital Advisors Ltd. LLC raised its position in Ventas by 48.0% in the second quarter. Capital Advisors Ltd. LLC now owns 1,542 shares of the real estate investment trust’s stock valued at $112,000 after buying an additional 500 shares in the last quarter. Acadian Asset Management LLC raised its position in Ventas by 33.6% in the second quarter. Acadian Asset Management LLC now owns 1,884 shares of the real estate investment trust’s stock valued at $137,000 after buying an additional 474 shares in the last quarter. Synovus Financial Corp raised its position in Ventas by 7.8% in the third quarter. Synovus Financial Corp now owns 2,083 shares of the real estate investment trust’s stock valued at $147,000 after buying an additional 150 shares in the last quarter. Washington Trust Bank raised its position in Ventas by 12.7% in the second quarter. Washington Trust Bank now owns 2,048 shares of the real estate investment trust’s stock valued at $149,000 after buying an additional 230 shares in the last quarter. Finally, Point72 Asia Hong Kong Ltd purchased a new position in Ventas during the second quarter valued at $160,000. Institutional investors own 89.55% of the company’s stock.

Shares of Ventas Inc. (NYSE:VTR) traded up 0.48% on Friday, hitting $60.24. 826,974 shares of the company’s stock were exchanged. The firm has a market cap of $21.33 billion, a P/E ratio of 36.49 and a beta of 0.18. Ventas Inc. has a 12 month low of $46.87 and a 12 month high of $76.80. The stock’s 50 day moving average is $64.18 and its 200 day moving average is $69.12.

Ventas (NYSE:VTR) last released its quarterly earnings data on Friday, October 28th. The real estate investment trust reported $1.03 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.02. Ventas had a net margin of 16.61% and a return on equity of 5.76%. The firm had revenue of $867.12 million for the quarter, compared to analyst estimates of $842.66 million. During the same period last year, the firm earned $1.09 earnings per share. The business’s quarterly revenue was up 4.8% compared to the same quarter last year. On average, equities analysts predict that Ventas Inc. will post $4.12 earnings per share for the current year.

Several research analysts have recently weighed in on VTR shares. Zacks Investment Research upgraded shares of Ventas from a “hold” rating to a “buy” rating and set a $76.00 price objective on the stock in a research note on Tuesday, November 1st. Mizuho restated a “buy” rating and set a $84.00 price objective on shares of Ventas in a research note on Monday, October 24th. Jefferies Group upgraded shares of Ventas from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $65.00 to $75.00 in a research note on Thursday, October 20th. Argus restated a “hold” rating on shares of Ventas in a research note on Monday, August 29th. Finally, Hilliard Lyons upgraded shares of Ventas from an “underperform” rating to a “neutral” rating in a research note on Friday, November 11th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating and four have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $64.50.

About Ventas

Ventas, Inc is a healthcare real estate investment trust (REIT) with its properties located throughout the United States, Canada and the United Kingdom. The Company operates through three segments: triple-net leased properties, senior living operations and MOB operations. In its triple-net leased properties segment, the Company acquires and owns seniors housing and healthcare properties throughout the United States and the United Kingdom.

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