Quantinno Capital Management LP grew its holdings in Ventas, Inc. (NYSE:VTR – Free Report) by 10.7% in the 1st quarter, Holdings Channel reports. The fund owned 192,584 shares of the real estate investment trust’s stock after purchasing an additional 18,554 shares during the quarter. Quantinno Capital Management LP’s holdings in Ventas were worth $15,750,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also modified their holdings of the company. Angeles Wealth Management LLC increased its position in Ventas by 4.0% during the first quarter. Angeles Wealth Management LLC now owns 3,329 shares of the real estate investment trust’s stock worth $274,000 after acquiring an additional 128 shares during the period. Bridgewater Advisors Inc. boosted its holdings in Ventas by 2.0% in the 4th quarter. Bridgewater Advisors Inc. now owns 6,790 shares of the real estate investment trust’s stock valued at $525,000 after purchasing an additional 133 shares during the period. IHT Wealth Management LLC boosted its holdings in Ventas by 3.2% in the 4th quarter. IHT Wealth Management LLC now owns 4,415 shares of the real estate investment trust’s stock valued at $343,000 after purchasing an additional 137 shares during the period. Cigna Investments Inc. New increased its holdings in shares of Ventas by 3.3% during the 4th quarter. Cigna Investments Inc. New now owns 4,396 shares of the real estate investment trust’s stock worth $341,000 after purchasing an additional 142 shares during the period. Finally, Sequoia Financial Advisors LLC increased its holdings in shares of Ventas by 1.2% during the 1st quarter. Sequoia Financial Advisors LLC now owns 12,894 shares of the real estate investment trust’s stock worth $1,054,000 after purchasing an additional 148 shares during the period. Institutional investors and hedge funds own 94.18% of the company’s stock.
Ventas Trading Up 0.5%
Shares of VTR stock opened at $93.94 on Monday. Ventas, Inc. has a 52-week low of $65.82 and a 52-week high of $101.60. The stock has a market cap of $45.67 billion, a price-to-earnings ratio of 173.96, a P/E/G ratio of 2.01 and a beta of 0.69. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.44 and a current ratio of 0.44. The firm has a fifty day moving average of $88.99 and a 200-day moving average of $85.65.
Ventas Announces Dividend
Wall Street Analyst Weigh In
A number of brokerages have recently commented on VTR. JPMorgan Chase & Co. upped their price objective on shares of Ventas from $93.00 to $94.00 and gave the company an “overweight” rating in a research report on Monday, May 11th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $100.00 target price on shares of Ventas in a research report on Tuesday, June 16th. Wells Fargo & Company boosted their price target on Ventas from $93.00 to $96.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. Cantor Fitzgerald upped their price target on Ventas from $97.00 to $102.00 and gave the company an “overweight” rating in a report on Friday. Finally, Scotiabank reduced their price objective on Ventas from $95.00 to $88.00 and set a “sector perform” rating for the company in a research report on Thursday, June 18th. Fifteen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $97.00.
Check Out Our Latest Stock Analysis on VTR
Insider Transactions at Ventas
In other Ventas news, Director Walter C. Rakowich sold 1,152 shares of Ventas stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $90.20, for a total transaction of $103,910.40. Following the sale, the director directly owned 28,349 shares of the company’s stock, valued at approximately $2,557,079.80. The trade was a 3.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Michael J. Embler acquired 2,500 shares of the stock in a transaction dated Wednesday, June 3rd. The stock was bought at an average price of $78.81 per share, for a total transaction of $197,025.00. Following the completion of the purchase, the director owned 19,202 shares in the company, valued at approximately $1,513,309.62. This trade represents a 14.97% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders own 0.53% of the company’s stock.
About Ventas
Ventas, Inc (NYSE: VTR) is a real estate investment trust (REIT) that specializes in healthcare-related real estate. The company acquires, owns and manages a diversified portfolio of properties serving the healthcare continuum, including senior housing communities, skilled nursing facilities, medical office buildings, life science and research centers, and other properties leased to healthcare providers and operators. Ventas generates revenue through long-term leases, property management and selective development activities focused on meeting the real estate needs of the healthcare sector.
Ventas’ business model combines property ownership with active asset management and capital markets activity.
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