Fjarde AP Fonden Fourth Swedish National Pension Fund lowered its holdings in shares of Ventas, Inc. (NYSE:VTR) by 4.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 99,345 shares of the real estate investment trust’s stock after selling 4,300 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Ventas were worth $5,402,000 as of its most recent SEC filing.
A number of other large investors have also modified their holdings of VTR. Loudon Investment Management LLC lifted its stake in shares of Ventas by 1.5% in the 2nd quarter. Loudon Investment Management LLC now owns 60,252 shares of the real estate investment trust’s stock worth $3,431,000 after acquiring an additional 900 shares during the period. Pettyjohn Wood & White Inc. lifted its stake in shares of Ventas by 1.9% in the 2nd quarter. Pettyjohn Wood & White Inc. now owns 51,268 shares of the real estate investment trust’s stock worth $2,920,000 after acquiring an additional 955 shares during the period. Sheaff Brock Investment Advisors LLC lifted its stake in shares of Ventas by 8.1% in the 3rd quarter. Sheaff Brock Investment Advisors LLC now owns 12,797 shares of the real estate investment trust’s stock worth $696,000 after acquiring an additional 960 shares during the period. United Asset Strategies Inc. lifted its stake in shares of Ventas by 9.8% in the 2nd quarter. United Asset Strategies Inc. now owns 11,419 shares of the real estate investment trust’s stock worth $650,000 after acquiring an additional 1,016 shares during the period. Finally, Bradley Foster & Sargent Inc. CT lifted its stake in shares of Ventas by 2.9% in the 2nd quarter. Bradley Foster & Sargent Inc. CT now owns 39,584 shares of the real estate investment trust’s stock worth $2,254,000 after acquiring an additional 1,125 shares during the period. Hedge funds and other institutional investors own 85.85% of the company’s stock.
Shares of NYSE VTR opened at $61.43 on Friday. The company has a quick ratio of 0.56, a current ratio of 0.56 and a debt-to-equity ratio of 1.00. Ventas, Inc. has a 52 week low of $46.55 and a 52 week high of $64.96. The stock has a market capitalization of $21.87 billion, a P/E ratio of 14.77, a P/E/G ratio of 4.55 and a beta of -0.02.
In other Ventas news, EVP T Richard Riney sold 15,288 shares of the firm’s stock in a transaction dated Tuesday, November 20th. The shares were sold at an average price of $62.50, for a total transaction of $955,500.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.40% of the company’s stock.
Several analysts have recently commented on VTR shares. Royal Bank of Canada cut shares of Ventas from an “outperform” rating to a “sector perform” rating and set a $59.00 target price for the company. in a research note on Friday, November 2nd. JPMorgan Chase & Co. initiated coverage on shares of Ventas in a research note on Tuesday, October 30th. They issued a “neutral” rating and a $60.00 price objective for the company. ValuEngine upgraded shares of Ventas from a “hold” rating to a “buy” rating in a research note on Friday, November 16th. Stifel Nicolaus set a $55.00 price objective on shares of Ventas and gave the company a “hold” rating in a research note on Monday, October 29th. Finally, SunTrust Banks reiterated a “hold” rating and issued a $58.00 price objective on shares of Ventas in a research note on Tuesday, July 31st. Four equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $55.46.
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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, life science and innovation centers, inpatient rehabilitation and long-term acute care facilities, health systems and skilled nursing facilities.
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