Choreo LLC Makes New Investment in Ventas, Inc. (NYSE:VTR)

Choreo LLC purchased a new stake in Ventas, Inc. (NYSE:VTR) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 7,524 shares of the real estate investment trust’s stock, valued at approximately $383,000.

A number of other institutional investors and hedge funds have also modified their holdings of VTR. First Community Trust NA bought a new position in Ventas in the 2nd quarter worth $25,000. ORG Partners LLC bought a new stake in Ventas during the 2nd quarter valued at approximately $27,000. First Financial Corp IN acquired a new stake in Ventas in the 1st quarter valued at approximately $30,000. EdgeRock Capital LLC bought a new position in Ventas in the 2nd quarter worth approximately $41,000. Finally, Friedenthal Financial acquired a new position in shares of Ventas during the second quarter worth approximately $51,000. 94.18% of the stock is currently owned by institutional investors and hedge funds.

Ventas Trading Down 0.6 %

Shares of VTR stock opened at $64.68 on Tuesday. The company has a market capitalization of $26.18 billion, a P/E ratio of -340.42, a P/E/G ratio of 2.88 and a beta of 1.36. Ventas, Inc. has a 12-month low of $39.33 and a 12-month high of $65.64. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 1.36. The firm has a 50-day moving average price of $58.04 and a 200 day moving average price of $50.51.

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

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on VTR shares. Evercore ISI boosted their target price on shares of Ventas from $64.00 to $70.00 and gave the stock an “outperform” rating in a research report on Monday. Wells Fargo & Company increased their target price on shares of Ventas from $46.00 to $49.00 and gave the company an “equal weight” rating in a research note on Thursday, May 30th. Wolfe Research upgraded Ventas to a “strong-buy” rating in a research note on Friday, August 9th. Royal Bank of Canada raised their price objective on Ventas from $52.00 to $63.00 and gave the stock an “outperform” rating in a research report on Friday, August 9th. Finally, StockNews.com raised Ventas from a “sell” rating to a “hold” rating in a report on Wednesday, July 10th. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $57.45.

Insiders Place Their Bets

In related news, CFO Robert F. Probst sold 20,000 shares of Ventas stock in a transaction dated Thursday, August 8th. The stock was 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 of the company’s stock, valued at $9,207,444.61. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Ventas news, CEO Peter J. Bulgarelli sold 6,000 shares of the stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $64.99, for a total value of $389,940.00. Following the transaction, the chief executive officer now directly owns 90,795 shares in the company, valued at approximately $5,900,767.05. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Robert F. Probst sold 20,000 shares of the business’s stock in a transaction on Thursday, August 8th. The stock was sold at an average price of $58.87, for a total value of $1,177,400.00. Following the sale, the chief financial officer now owns 156,403 shares of the company’s stock, valued at approximately $9,207,444.61. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 77,065 shares of company stock valued at $4,526,464. 1.00% of the stock is currently owned by corporate insiders.

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.