M&R Capital Management Inc. Trims Stake in Ventas, Inc. (NYSE:VTR)

M&R Capital Management Inc. reduced its position in Ventas, Inc. (NYSE:VTR) by 58.3% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 1,250 shares of the real estate investment trust’s stock after selling 1,750 shares during the period. M&R Capital Management Inc.’s holdings in Ventas were worth $91,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the company. Macquarie Group Ltd. lifted its holdings in shares of Ventas by 2.9% in the 2nd quarter. Macquarie Group Ltd. now owns 176,121 shares of the real estate investment trust’s stock valued at $12,037,000 after purchasing an additional 5,035 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its holdings in shares of Ventas by 4.5% in the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 71,391 shares of the real estate investment trust’s stock valued at $4,880,000 after purchasing an additional 3,088 shares during the last quarter. Hancock Whitney Corp purchased a new stake in shares of Ventas in the 2nd quarter valued at about $213,000. EP Wealth Advisors LLC purchased a new stake in shares of Ventas in the 2nd quarter valued at about $899,000. Finally, Treasurer of the State of North Carolina lifted its holdings in shares of Ventas by 3.7% in the 2nd quarter. Treasurer of the State of North Carolina now owns 225,577 shares of the real estate investment trust’s stock valued at $15,418,000 after purchasing an additional 7,980 shares during the last quarter. 87.75% of the stock is owned by institutional investors and hedge funds.

VTR stock traded up $0.12 during trading on Friday, hitting $74.17. The company had a trading volume of 548,184 shares, compared to its average volume of 1,962,812. The firm has a market cap of $27.03 billion, a PE ratio of 18.22, a price-to-earnings-growth ratio of 7.05 and a beta of 0.22. Ventas, Inc. has a 1-year low of $51.80 and a 1-year high of $75.40. The firm has a 50-day moving average price of $72.90 and a 200-day moving average price of $67.22. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.94.

Ventas (NYSE:VTR) last issued its quarterly earnings results on Friday, July 26th. The real estate investment trust reported $0.58 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.96 by ($0.38). The company had revenue of $950.70 million during the quarter, compared to analyst estimates of $931.16 million. Ventas had a net margin of 13.34% and a return on equity of 4.78%. The business’s revenue was up .9% on a year-over-year basis. During the same quarter last year, the firm earned $0.46 EPS. Sell-side analysts anticipate that Ventas, Inc. will post 3.84 earnings per share for the current year.

The business also recently declared a — dividend, which will be paid on Friday, October 11th. Investors of record on Tuesday, October 1st will be given a $0.7925 dividend. This represents a yield of 4.4%. The ex-dividend date of this dividend is Monday, September 30th. Ventas’s dividend payout ratio (DPR) is presently 77.89%.

In other Ventas news, EVP John D. Cobb sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of $72.54, for a total transaction of $725,400.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 1.40% of the company’s stock.

VTR has been the subject of several research reports. Mitsubishi UFJ Financial Group boosted their target price on Ventas to $67.00 and gave the company a “neutral” rating in a report on Wednesday, June 19th. Citigroup upgraded Ventas from a “neutral” rating to a “buy” rating and boosted their price target for the company from $67.00 to $76.00 in a research report on Wednesday, June 19th. BMO Capital Markets restated a “hold” rating and issued a $73.00 price target on shares of Ventas in a research report on Monday, July 29th. Barclays began coverage on Ventas in a research report on Tuesday, September 3rd. They issued an “equal weight” rating and a $74.00 price target on the stock. Finally, Royal Bank of Canada boosted their price target on Ventas to $71.00 and gave the company an “in-line” rating in a research report on Thursday, June 20th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and two have given a buy rating to the company. Ventas currently has an average rating of “Hold” and a consensus target price of $68.50.

Ventas Company Profile

Ventas, Inc, an S&P 500 company, is a leading real estate investment trust. Its diverse portfolio of approximately 1,200 assets in the United States, Canada and the United Kingdom consists of seniors housing communities, medical office buildings, university-based research and innovation centers, inpatient rehabilitation and long-term acute care facilities, and health systems.

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Institutional Ownership by Quarter for Ventas (NYSE:VTR)

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