38,054 Shares in Ventas, Inc. $VTR Acquired by one8zero8 LLC

one8zero8 LLC purchased a new stake in Ventas, Inc. (NYSE:VTR) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 38,054 shares of the real estate investment trust’s stock, valued at approximately $3,379,000.

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

Insider Activity

In other news, Director Michael J. Embler bought 2,500 shares of the firm’s stock in a transaction on Wednesday, June 3rd. The stock was acquired at an average cost of $78.81 per share, with a total value of $197,025.00. Following the completion of the acquisition, the director owned 19,202 shares of the company’s stock, valued at approximately $1,513,309.62. This represents a 14.97% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.53% of the stock is currently owned by corporate insiders.

Ventas Trading Up 0.7%

Shares of VTR opened at $91.81 on Thursday. The firm’s 50-day moving average price is $91.00 and its 200-day moving average price is $86.93. The firm has a market capitalization of $47.09 billion, a price-to-earnings ratio of 170.02, a PEG ratio of 2.10 and a beta of 0.69. 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 1-year low of $66.38 and a 1-year high of $101.60.

Ventas (NYSE:VTR) last released 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 company 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%.The firm’s revenue was up 21.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.87 earnings per share. Sell-side analysts anticipate that Ventas, Inc. will post 3.89 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the company. Weiss Ratings raised Ventas from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $100.00 target price on shares of Ventas in a research note on Tuesday, June 16th. Wells Fargo & Company lifted their price target on shares of Ventas from $93.00 to $96.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. Raymond James Financial started coverage on shares of Ventas in a research note on Tuesday, June 16th. They set an “outperform” rating and a $94.00 price target on the stock. Finally, Cantor Fitzgerald boosted their price objective on shares of Ventas from $97.00 to $102.00 and gave the stock an “overweight” rating in a report on Friday, July 31st. Fifteen equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, 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.