Meeder Advisory Services Inc. Acquires Shares of 5,535 Ventas, Inc. $VTR

Meeder Advisory Services Inc. bought a new position in shares of Ventas, Inc. (NYSE:VTR – Free Report) during the 2nd quarter, Holdings Channel.com reports. The fund bought 5,535 shares of the real estate investment trust’s stock, valued at approximately $491,000.

A number of other large investors have also modified their holdings of VTR. Dynamic Wealth Strategies LLC acquired a new position in Ventas during the first quarter worth $25,000. Wiser Advisor Group LLC acquired a new stake in Ventas in the third quarter valued at $27,000. Meeder Asset Management Inc. acquired a new stake in Ventas in the second quarter valued at $30,000. IFC & Insurance Marketing Inc. purchased a new stake in shares of Ventas during the 4th quarter worth $30,000. Finally, Elyxium Wealth LLC purchased a new stake in shares of Ventas during the 4th quarter worth $33,000. 94.18% of the stock is owned by hedge funds and other institutional investors.

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Insider Activity

In related news, Director Michael J. Embler bought 2,500 shares of Ventas stock in a transaction that occurred on Wednesday, June 3rd. The shares were purchased at an average price of $78.81 per share, with a total value of $197,025.00. Following the purchase, the director owned 19,202 shares in the company, valued at $1,513,309.62. This represents a 14.97% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.53% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on VTR. The Goldman Sachs Group reiterated a “buy” rating and issued a $110.00 price target on shares of Ventas in a report on Tuesday, May 19th. JPMorgan Chase & Co. boosted their price objective on shares of Ventas from $93.00 to $94.00 and gave the stock an “overweight” rating in a report on Monday, May 11th. Jefferies Financial Group upped their target price on shares of Ventas from $97.00 to $100.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. Royal Bank Of Canada lifted their price target on shares of Ventas from $98.00 to $99.00 and gave the company an “outperform” rating in a research report on Friday, August 14th. Finally, Scotiabank decreased their price target on Ventas from $95.00 to $88.00 and set a “sector perform” rating on the stock in a research note on Thursday, June 18th. Fifteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $98.00.

Check Out Our Latest Stock Analysis on Ventas

Ventas Stock Performance

NYSE:VTR opened at $92.82 on Friday. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 0.86. The company has a market capitalization of $47.61 billion, a P/E ratio of 171.89, a price-to-earnings-growth ratio of 2.12 and a beta of 0.69. The firm has a 50-day moving average price of $91.18 and a two-hundred day moving average price of $87.04. Ventas, Inc. has a twelve month low of $66.38 and a twelve month high of $101.60.

Ventas (NYSE:VTR – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.96 by $0.01. The company had revenue of $1.73 billion for the quarter, compared to the consensus estimate of $1.68 billion. Ventas had a net margin of 4.08% and a return on equity of 1.99%. The company’s revenue for the quarter was up 21.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.87 earnings per share. As a group, research analysts expect that Ventas, Inc. will post 3.89 earnings per share for the current fiscal year.

About Ventas

(Free Report)

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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