American Century Companies Inc. Grows Stock Position in Ventas, Inc. (NYSE:VTR)

American Century Companies Inc. lifted its stake in Ventas, Inc. (NYSE:VTR) by 31.8% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,257,474 shares of the real estate investment trust’s stock after buying an additional 303,730 shares during the quarter. American Century Companies Inc. owned approximately 0.31% of Ventas worth $64,458,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Centersquare Investment Management LLC boosted its position in Ventas by 11.5% in the 1st quarter. Centersquare Investment Management LLC now owns 7,806,396 shares of the real estate investment trust’s stock worth $345,667,000 after purchasing an additional 802,546 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in Ventas by 8.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 5,489,159 shares of the real estate investment trust’s stock worth $239,000,000 after buying an additional 413,564 shares in the last quarter. Norges Bank purchased a new position in Ventas in the fourth quarter valued at $231,512,000. Canada Pension Plan Investment Board raised its position in shares of Ventas by 2.3% in the first quarter. Canada Pension Plan Investment Board now owns 1,749,167 shares of the real estate investment trust’s stock worth $76,159,000 after acquiring an additional 40,000 shares during the period. Finally, Cbre Investment Management Listed Real Assets LLC boosted its stake in shares of Ventas by 65.6% during the 4th quarter. Cbre Investment Management Listed Real Assets LLC now owns 1,486,572 shares of the real estate investment trust’s stock worth $74,091,000 after acquiring an additional 588,818 shares in the last quarter. Hedge funds and other institutional investors own 94.18% of the company’s stock.

Wall Street Analyst Weigh In

VTR has been the subject of several recent analyst reports. Scotiabank lifted their price target on Ventas from $55.00 to $59.00 and gave the company a “sector perform” rating in a research note on Wednesday, August 7th. Wolfe Research upgraded Ventas to a “strong-buy” rating in a research report on Friday, August 9th. Wedbush boosted their price target on shares of Ventas from $64.00 to $71.00 and gave the stock an “outperform” rating in a report on Tuesday, September 10th. StockNews.com raised shares of Ventas from a “sell” rating to a “hold” rating in a report on Wednesday, July 10th. Finally, Evercore ISI boosted their target price on shares of Ventas from $61.00 to $64.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 28th. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $56.91.

Insider Activity at Ventas

In other Ventas news, CEO Peter J. Bulgarelli sold 3,784 shares of Ventas stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $55.24, for a total transaction of $209,028.16. Following the transaction, the chief executive officer now directly owns 104,295 shares of the company’s stock, valued at $5,761,255.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Ventas news, CEO Peter J. Bulgarelli sold 3,784 shares of Ventas stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $55.24, for a total value of $209,028.16. Following the sale, the chief executive officer now owns 104,295 shares in the company, valued at $5,761,255.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Robert F. Probst sold 20,000 shares of the company’s stock in a transaction on Thursday, August 8th. The shares were sold at an average price of $58.87, for a total value of $1,177,400.00. Following the completion of the transaction, the chief financial officer now directly owns 156,403 shares in the company, valued at approximately $9,207,444.61. The disclosure for this sale can be found here. Over the last quarter, insiders sold 77,065 shares of company stock valued at $4,526,464. 1.00% of the stock is owned by company insiders.

Ventas Stock Up 0.1 %

VTR stock opened at $65.06 on Monday. The company has a market cap of $26.88 billion, a price-to-earnings ratio of -342.40, a PEG ratio of 2.88 and a beta of 1.36. The firm has a 50-day moving average of $57.79 and a two-hundred day moving average of $50.35. Ventas, Inc. has a 12 month low of $39.33 and a 12 month high of $65.64. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 1.36.

Ventas (NYSE:VTR) last announced its quarterly earnings data on Thursday, August 1st. The real estate investment trust reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.74). The company had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.19 billion. Ventas had a negative return on equity of 1.63% and a negative net margin of 3.33%. The business’s quarterly revenue was up 8.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.75 EPS. As a group, analysts forecast that Ventas, Inc. will post 3.18 earnings per share for the current fiscal year.

Ventas Company Profile

Ventas Inc (NYSE: VTR) is a leading S&P 500 real estate investment trust focused on delivering strong, sustainable shareholder returns by enabling exceptional environments that benefit a large and growing aging population. The Company's growth is fueled by its senior housing communities, which provide valuable services to residents and enable them to thrive in supported environments.