Ventas, Inc. (VTR) Shares Sold by Commerzbank Aktiengesellschaft FI
Commerzbank Aktiengesellschaft FI lessened its holdings in Ventas, Inc. (NYSE:VTR) by 11.6% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 27,359 shares of the real estate investment trust’s stock after selling 3,594 shares during the quarter. Commerzbank Aktiengesellschaft FI’s holdings in Ventas were worth $1,782,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also made changes to their positions in the business. Bronfman E.L. Rothschild L.P. boosted its position in Ventas by 48.0% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 2,003 shares of the real estate investment trust’s stock valued at $139,000 after purchasing an additional 650 shares in the last quarter. Amica Retiree Medical Trust bought a new stake in Ventas during the third quarter valued at about $131,000. Cable Hill Partners LLC bought a new stake in Ventas during the third quarter valued at about $174,000. Northern Capital Management LLC bought a new stake in Ventas during the second quarter valued at about $202,000. Finally, Strategic Financial Group LLC bought a new stake in Ventas during the second quarter valued at about $208,000. 90.39% of the stock is currently owned by institutional investors.
Shares of Ventas, Inc. (NYSE VTR) traded down $0.09 during trading hours on Wednesday, hitting $62.73. The stock had a trading volume of 2,305,600 shares, compared to its average volume of 1,720,080. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.46 and a quick ratio of 1.46. The firm has a market capitalization of $22,374.21, a price-to-earnings ratio of 15.06, a PEG ratio of 4.05 and a beta of 0.08. Ventas, Inc. has a 12-month low of $58.96 and a 12-month high of $72.36.
Ventas (NYSE:VTR) last announced its quarterly earnings data on Friday, October 27th. The real estate investment trust reported $0.44 EPS for the quarter, missing the Zacks’ consensus estimate of $1.04 by ($0.60). Ventas had a return on equity of 6.34% and a net margin of 32.96%. The company had revenue of $899.90 million for the quarter, compared to analysts’ expectations of $893.18 million. During the same quarter in the previous year, the business posted $1.03 EPS. The business’s quarterly revenue was up 3.8% compared to the same quarter last year. analysts forecast that Ventas, Inc. will post 4.16 earnings per share for the current year.
A number of research firms have commented on VTR. KeyCorp reiterated a “sell” rating and issued a $55.00 price target on shares of Ventas in a research note on Sunday, September 17th. Royal Bank Of Canada reiterated a “buy” rating on shares of Ventas in a research note on Wednesday, September 6th. Bank of America cut Ventas from a “buy” rating to a “neutral” rating and decreased their price target for the company from $72.00 to $71.00 in a research note on Friday, September 22nd. Jefferies Group reiterated a “hold” rating and issued a $66.00 price target on shares of Ventas in a research note on Tuesday, August 29th. Finally, BidaskClub upgraded Ventas from a “strong sell” rating to a “sell” rating in a research note on Thursday, August 17th. Eight equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $64.44.
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Ventas Company Profile
Ventas, Inc is a 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 office operations. Under its triple-net leased properties segment, the Company invests in and owns seniors housing and healthcare properties throughout the United States and the United Kingdom and leases those properties to healthcare operating companies under triple-net or absolute-net leases that obligate the tenants to pay all property-related expenses.
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