First Trust Advisors LP increased its position in Ventas Inc. (NYSE:VTR) by 80.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 278,689 shares of the real estate investment trust’s stock after buying an additional 124,425 shares during the period. First Trust Advisors LP owned about 0.08% of Ventas worth $19,684,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently added to or reduced their stakes in the company. NEXT Financial Group Inc increased its position in Ventas by 18.8% in the third quarter. NEXT Financial Group Inc now owns 11,097 shares of the real estate investment trust’s stock valued at $784,000 after buying an additional 1,754 shares in the last quarter. Garrison Financial Corp boosted its stake in shares of Ventas by 13.1% in the third quarter. Garrison Financial Corp now owns 3,885 shares of the real estate investment trust’s stock valued at $274,000 after buying an additional 450 shares in the last quarter. Mutual of America Capital Management LLC boosted its stake in shares of Ventas by 5.0% in the third quarter. Mutual of America Capital Management LLC now owns 41,276 shares of the real estate investment trust’s stock valued at $2,915,000 after buying an additional 1,983 shares in the last quarter. Mizuho Trust & Banking Co. Ltd. raised its position in Ventas by 1.2% in the third quarter. Mizuho Trust & Banking Co. Ltd. now owns 610,922 shares of the real estate investment trust’s stock valued at $43,149,000 after buying an additional 7,040 shares during the last quarter. Finally, Cornerstone Wealth Management LLC bought a new position in Ventas during the third quarter valued at about $247,000. 89.55% of the stock is owned by institutional investors and hedge funds.
Ventas Inc. (NYSE:VTR) traded up 0.48% on Friday, hitting $60.24. The stock had a trading volume of 826,974 shares. Ventas Inc. has a 1-year low of $46.87 and a 1-year high of $76.80. The firm has a market capitalization of $21.33 billion, a price-to-earnings ratio of 36.49 and a beta of 0.18. The stock’s 50-day moving average is $64.18 and its 200 day moving average is $69.12.
Ventas (NYSE:VTR) last announced its earnings results on Friday, October 28th. The real estate investment trust reported $1.03 EPS for the quarter, topping the Zacks’ consensus estimate of $1.01 by $0.02. The firm earned $867.12 million during the quarter, compared to analysts’ expectations of $842.66 million. Ventas had a return on equity of 5.76% and a net margin of 16.61%. The company’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.09 EPS. On average, equities research analysts predict that Ventas Inc. will post $4.12 earnings per share for the current fiscal year.
A number of analysts have recently weighed in on VTR shares. Mizuho reissued a “buy” rating and set a $84.00 price objective on shares of Ventas in a research note on Monday, October 24th. Zacks Investment Research cut shares of Ventas from a “buy” rating to a “hold” rating in a research report on Monday, August 1st. Citigroup Inc. raised their price target on shares of Ventas from $70.00 to $75.00 and gave the stock a “neutral” rating in a report on Monday, August 8th. BTIG Research began coverage on shares of Ventas in a research report on Thursday, August 25th. They issued a “neutral” rating on the stock. Finally, Hilliard Lyons raised shares of Ventas from an “underperform” rating to a “neutral” rating in a research note on Friday, November 11th. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and four have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $64.50.
Ventas Company Profile