OMERS ADMINISTRATION Corp Makes New Investment in Ventas, Inc. $VTR

OMERS ADMINISTRATION Corp acquired a new stake in shares of Ventas, Inc. (NYSE:VTR) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 39,609 shares of the real estate investment trust’s stock, valued at approximately $3,517,000.

Other large investors also recently modified their holdings of the company. Deutsche Bank AG raised its stake in shares of Ventas by 0.7% during the fourth quarter. Deutsche Bank AG now owns 3,904,293 shares of the real estate investment trust’s stock worth $302,114,000 after acquiring an additional 27,688 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Ventas by 2.5% in the 4th quarter. Bank of New York Mellon Corp now owns 2,868,962 shares of the real estate investment trust’s stock valued at $222,000,000 after purchasing an additional 70,459 shares in the last quarter. Norges Bank purchased a new stake in shares of Ventas in the 4th quarter valued at $474,571,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in shares of Ventas by 7.4% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,346,111 shares of the real estate investment trust’s stock valued at $104,095,000 after purchasing an additional 92,236 shares during the last quarter. Finally, Cbre Investment Management Listed Real Assets LLC grew its holdings in shares of Ventas by 5.8% during the 4th quarter. Cbre Investment Management Listed Real Assets LLC now owns 1,851,968 shares of the real estate investment trust’s stock valued at $143,305,000 after purchasing an additional 101,370 shares during the last quarter. 94.18% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Ventas

In other Ventas news, Director Michael J. Embler bought 2,500 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were bought at an average cost of $78.81 per share, with a total value of $197,025.00. Following the completion of the purchase, the director directly owned 19,202 shares of the company’s stock, valued at $1,513,309.62. This trade represents a 14.97% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 0.53% of the company’s stock.

Ventas Trading Up 0.4%

NYSE:VTR opened at $93.84 on Wednesday. The company has a fifty day moving average of $91.76 and a 200 day moving average of $87.38. Ventas, Inc. has a 52 week low of $66.38 and a 52 week 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 firm has a market capitalization of $48.14 billion, a P/E ratio of 173.79, a P/E/G ratio of 2.16 and a beta of 0.69.

Ventas (NYSE:VTR) last announced 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 business had revenue of $1.73 billion during the quarter, compared to analysts’ expectations of $1.68 billion. Ventas had a net margin of 4.08% and a return on equity of 1.99%. The firm’s revenue for the quarter was up 21.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.87 EPS. On average, research analysts predict that Ventas, Inc. will post 3.89 earnings per share for the current year.

Analyst Upgrades and Downgrades

VTR has been the topic of a number of analyst reports. Evercore reiterated an “outperform” rating and issued a $95.00 target price on shares of Ventas in a research report on Wednesday, April 29th. BMO Capital Markets raised their price objective on Ventas from $105.00 to $107.00 and gave the company an “outperform” rating in a research note on Tuesday, August 11th. Weiss Ratings upgraded Ventas from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, July 21st. JPMorgan Chase & Co. boosted their target price on Ventas from $93.00 to $94.00 and gave the company an “overweight” rating in a research note on Monday, May 11th. Finally, Jefferies Financial Group increased their target price on Ventas from $97.00 to $100.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. Fourteen equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Ventas presently has a consensus rating of “Moderate Buy” and a consensus target price 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.