HighTower Advisors LLC grew its position in shares of Ventas, Inc. (NYSE:VTR) by 62.7% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 95,172 shares of the real estate investment trust’s stock after purchasing an additional 36,675 shares during the period. HighTower Advisors LLC’s holdings in Ventas were worth $2,545,000 as of its most recent SEC filing.
Other large investors have also recently added to or reduced their stakes in the company. CWM Advisors LLC acquired a new position in Ventas during the first quarter worth $35,000. 1776 Wealth LLC acquired a new position in Ventas during the first quarter worth $36,000. Private Capital Group LLC lifted its stake in Ventas by 43.2% during the first quarter. Private Capital Group LLC now owns 1,307 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 394 shares in the last quarter. Stonebridge Financial Planning Group LLC acquired a new position in Ventas during the first quarter worth $48,000. Finally, Sailer Financial LLC acquired a new position in Ventas during the fourth quarter worth $53,000. Institutional investors own 88.22% of the company’s stock.
NYSE:VTR opened at $35.72 on Monday. The firm has a market capitalization of $13.33 billion, a PE ratio of 17.01, a price-to-earnings-growth ratio of 3.81 and a beta of 1.07. The business’s fifty day moving average price is $35.23 and its 200 day moving average price is $43.74. The company has a debt-to-equity ratio of 1.32, a current ratio of 2.86 and a quick ratio of 2.86. Ventas, Inc. has a 12 month low of $13.35 and a 12 month high of $75.40.
Ventas (NYSE:VTR) last posted its earnings results on Friday, May 8th. The real estate investment trust reported $0.97 EPS for the quarter, beating the consensus estimate of $0.89 by $0.08. Ventas had a return on equity of 7.26% and a net margin of 19.80%. The firm had revenue of $1.01 billion for the quarter, compared to analyst estimates of $969.85 million. During the same quarter in the prior year, the company posted $0.35 earnings per share. Ventas’s revenue for the quarter was up 7.3% compared to the same quarter last year. As a group, equities analysts anticipate that Ventas, Inc. will post 3.13 EPS for the current year.
A number of research analysts have commented on VTR shares. BMO Capital Markets upped their price objective on Ventas from $32.00 to $40.00 and gave the stock a “market perform” rating in a research report on Wednesday, April 1st. Bank of America lowered Ventas from a “neutral” rating to an “underperform” rating in a research report on Monday, March 23rd. Barclays reaffirmed a “hold” rating and set a $30.00 price objective on shares of Ventas in a research report on Thursday, April 23rd. Argus cut their price objective on Ventas from $67.00 to $35.00 and set a “buy” rating on the stock in a research report on Wednesday, May 13th. Finally, Evercore ISI lowered Ventas from an “in-line” rating to an “underperform” rating in a research report on Monday, June 15th. Six equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company. Ventas currently has an average rating of “Hold” and a consensus target price of $43.88.
Ventas, Inc, an S&P 500 company, is a leading real estate investment trust. Its diverse portfolio of approximately 1,200 assets in the United States, Canada and the United Kingdom consists of seniors housing communities, medical office buildings, university-based research and innovation centers, inpatient rehabilitation and long-term acute care facilities, and health systems.
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