Forsta AP Fonden Decreases Stock Position in Ventas, Inc. (NYSE:VTR)

Forsta AP Fonden trimmed its position in shares of Ventas, Inc. (NYSE:VTR) by 24.3% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 70,100 shares of the real estate investment trust’s stock after selling 22,500 shares during the quarter. Forsta AP Fonden’s holdings in Ventas were worth $3,593,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the company. Centersquare Investment Management LLC boosted its stake in shares of Ventas by 11.5% during 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 during the period. Price T Rowe Associates Inc. MD lifted its stake in Ventas by 8.1% in 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 purchasing an additional 413,564 shares during the last quarter. Norges Bank purchased a new position in shares of Ventas during the fourth quarter valued at approximately $231,512,000. Canada Pension Plan Investment Board grew its stake in shares of Ventas by 2.3% during the first quarter. Canada Pension Plan Investment Board now owns 1,749,167 shares of the real estate investment trust’s stock valued at $76,159,000 after buying an additional 40,000 shares during the last quarter. Finally, Cbre Investment Management Listed Real Assets LLC raised its holdings in shares of Ventas by 65.6% in the fourth 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 buying an additional 588,818 shares during the period. Institutional investors own 94.18% of the company’s stock.

Insider Buying and Selling

In other Ventas news, CFO Robert F. Probst sold 20,000 shares of the firm’s stock in a transaction that occurred 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 sale, the chief financial officer now directly owns 156,403 shares in the company, valued at $9,207,444.61. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, CFO Robert F. Probst sold 20,000 shares of the stock in a transaction on Thursday, August 8th. The stock was sold at an average price of $58.87, for a total transaction of $1,177,400.00. Following the completion of the sale, the chief financial officer now owns 156,403 shares in the company, valued at approximately $9,207,444.61. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Peter J. Bulgarelli sold 3,784 shares of the firm’s 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 completion of the sale, the chief executive officer now directly owns 104,295 shares of the company’s stock, valued at approximately $5,761,255.80. The disclosure for this sale can be found here. Insiders sold a total of 77,065 shares of company stock worth $4,526,464 in the last 90 days. 1.00% of the stock is owned by corporate insiders.

Ventas Trading Up 0.1 %

Shares of NYSE:VTR opened at $65.06 on Monday. The company has a market capitalization of $26.88 billion, a PE ratio of -342.40, a P/E/G ratio of 2.88 and a beta of 1.36. 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, Inc. has a 12-month low of $39.33 and a 12-month high of $65.64. The business’s fifty day simple moving average is $57.79 and its 200-day simple moving average is $50.35.

Ventas (NYSE:VTR) last posted its earnings results on Thursday, August 1st. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.79 by ($0.74). The company had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.19 billion. Ventas had a negative net margin of 3.33% and a negative return on equity of 1.63%. Ventas’s revenue for the quarter was up 8.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.75 EPS. As a group, equities research analysts predict that Ventas, Inc. will post 3.18 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have weighed in on VTR. StockNews.com upgraded Ventas from a “sell” rating to a “hold” rating in a research note on Wednesday, July 10th. Wedbush raised their price target on shares of Ventas from $64.00 to $71.00 and gave the stock an “outperform” rating in a research note on Tuesday, September 10th. Royal Bank of Canada boosted their price objective on shares of Ventas from $52.00 to $63.00 and gave the company an “outperform” rating in a research report on Friday, August 9th. Wolfe Research raised shares of Ventas to a “strong-buy” rating in a research report on Friday, August 9th. Finally, Scotiabank boosted their price target on Ventas from $55.00 to $59.00 and gave the company a “sector perform” rating in a report on Wednesday, August 7th. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $56.91.

About Ventas

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.