Raymond James & Associates Has $81.23 Million Stake in Ventas, Inc. (VTR)

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Raymond James & Associates lessened its holdings in shares of Ventas, Inc. (NYSE:VTR) by 2.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,426,371 shares of the real estate investment trust’s stock after selling 37,489 shares during the period. Raymond James & Associates’ holdings in Ventas were worth $81,232,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the company. BB&T Securities LLC lifted its holdings in shares of Ventas by 1.0% during the 2nd quarter. BB&T Securities LLC now owns 333,959 shares of the real estate investment trust’s stock valued at $19,018,000 after purchasing an additional 3,301 shares during the last quarter. Laurion Capital Management LP lifted its holdings in shares of Ventas by 35.4% during the 2nd quarter. Laurion Capital Management LP now owns 29,301 shares of the real estate investment trust’s stock valued at $1,669,000 after purchasing an additional 7,662 shares during the last quarter. Glen Harbor Capital Management LLC lifted its holdings in shares of Ventas by 95.4% during the 2nd quarter. Glen Harbor Capital Management LLC now owns 97,284 shares of the real estate investment trust’s stock valued at $5,540,000 after purchasing an additional 47,498 shares during the last quarter. Rampart Investment Management Company LLC lifted its holdings in shares of Ventas by 691.2% during the 2nd quarter. Rampart Investment Management Company LLC now owns 30,160 shares of the real estate investment trust’s stock valued at $1,718,000 after purchasing an additional 26,348 shares during the last quarter. Finally, Pettyjohn Wood & White Inc. lifted its holdings in shares of Ventas by 1.9% during the 2nd quarter. Pettyjohn Wood & White Inc. now owns 51,268 shares of the real estate investment trust’s stock valued at $2,920,000 after purchasing an additional 955 shares during the last quarter. Hedge funds and other institutional investors own 84.48% of the company’s stock.

Several analysts have recently commented on VTR shares. Jefferies Financial Group reiterated a “$57.33” rating and set a $61.00 price objective on shares of Ventas in a report on Wednesday, July 18th. TheStreet upgraded Ventas from a “c+” rating to a “b-” rating in a report on Thursday, July 5th. Royal Bank of Canada set a $61.00 target price on Ventas and gave the company a “buy” rating in a research report on Tuesday, July 31st. SunTrust Banks reissued a “hold” rating and issued a $58.00 target price on shares of Ventas in a research report on Tuesday, July 31st. Finally, Cantor Fitzgerald reissued a “hold” rating and issued a $56.00 target price on shares of Ventas in a research report on Friday, July 27th. Five equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and three have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $57.07.

NYSE VTR opened at $60.12 on Friday. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.56 and a current ratio of 0.56. Ventas, Inc. has a 1 year low of $46.55 and a 1 year high of $69.92. The firm has a market capitalization of $21.36 billion, a P/E ratio of 14.45, a PEG ratio of 3.92 and a beta of 0.12.

Ventas (NYSE:VTR) last announced its quarterly earnings results on Friday, July 27th. The real estate investment trust reported $1.08 earnings per share for the quarter, topping the consensus estimate of $1.02 by $0.06. The company had revenue of $942.30 million for the quarter, compared to the consensus estimate of $919.95 million. Ventas had a return on equity of 5.02% and a net margin of 34.00%. The firm’s revenue for the quarter was up 5.2% compared to the same quarter last year. During the same period last year, the firm earned $0.42 EPS. analysts expect that Ventas, Inc. will post 4.05 earnings per share for the current fiscal year.

In other Ventas news, Chairman Debra A. Cafaro sold 30,942 shares of the stock in a transaction dated Tuesday, July 3rd. The stock was sold at an average price of $58.00, for a total transaction of $1,794,636.00. Following the sale, the chairman now directly owns 775,109 shares of the company’s stock, valued at approximately $44,956,322. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP T Richard Riney sold 13,708 shares of the stock in a transaction dated Friday, August 31st. The stock was sold at an average price of $60.00, for a total value of $822,480.00. The disclosure for this sale can be found here. 1.40% of the stock is currently owned by company insiders.

About Ventas

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, life science and innovation centers, inpatient rehabilitation and long-term acute care facilities, health systems and skilled nursing facilities.

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Institutional Ownership by Quarter for Ventas (NYSE:VTR)

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