Fiduciary Financial Services of The Southwest Inc. TX Buys 958 Shares of Ventas, Inc. (NYSE:VTR)

Fiduciary Financial Services of The Southwest Inc. TX raised its stake in Ventas, Inc. (NYSE:VTR) by 5.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,281 shares of the real estate investment trust’s stock after acquiring an additional 958 shares during the quarter. Fiduciary Financial Services of The Southwest Inc. TX’s holdings in Ventas were worth $1,181,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of VTR. Cornerstone Advisors Inc. increased its stake in shares of Ventas by 88.9% in the first quarter. Cornerstone Advisors Inc. now owns 391 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 184 shares during the period. Massey Quick Simon & CO. LLC acquired a new position in shares of Ventas in the first quarter valued at approximately $26,000. Gradient Investments LLC increased its stake in shares of Ventas by 1,007.7% in the second quarter. Gradient Investments LLC now owns 432 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 393 shares during the period. Heritage Wealth Advisors increased its stake in shares of Ventas by 59.3% in the first quarter. Heritage Wealth Advisors now owns 478 shares of the real estate investment trust’s stock valued at $31,000 after buying an additional 178 shares during the period. Finally, Investors Research Corp acquired a new position in shares of Ventas in the first quarter valued at approximately $32,000. 83.82% of the stock is owned by hedge funds and other institutional investors.

Several research analysts have recently issued reports on VTR shares. Bank of America reaffirmed a “neutral” rating and issued a $72.50 price objective (up previously from $67.00) on shares of Ventas in a research note on Friday, June 21st. BMO Capital Markets reaffirmed a “hold” rating and issued a $73.00 price objective on shares of Ventas in a research note on Monday, July 29th. Mitsubishi UFJ Financial Group upped their price objective on Ventas to $67.00 and gave the company a “neutral” rating in a research note on Wednesday, June 19th. Citigroup raised Ventas from a “neutral” rating to a “buy” rating and upped their price objective for the company from $67.00 to $76.00 in a research note on Wednesday, June 19th. Finally, Royal Bank of Canada upped their price objective on Ventas to $71.00 and gave the company an “in-line” rating in a research note on Thursday, June 20th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $66.59.

In other news, EVP T Richard Riney sold 29,702 shares of the firm’s stock in a transaction that occurred on Thursday, June 20th. The shares were sold at an average price of $70.45, for a total transaction of $2,092,505.90. Following the completion of the sale, the executive vice president now owns 163,488 shares of the company’s stock, valued at approximately $11,517,729.60. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Chairman Debra A. Cafaro sold 68,080 shares of the firm’s stock in a transaction that occurred on Wednesday, June 19th. The stock was sold at an average price of $69.04, for a total transaction of $4,700,243.20. Following the sale, the chairman now directly owns 741,358 shares of the company’s stock, valued at approximately $51,183,356.32. The disclosure for this sale can be found here. Insiders have sold a total of 165,866 shares of company stock valued at $11,323,058 in the last three months. Insiders own 1.40% of the company’s stock.

NYSE:VTR opened at $71.58 on Friday. The firm has a market cap of $26.41 billion, a P/E ratio of 17.59, a PEG ratio of 5.83 and a beta of 0.27. The firm’s 50 day moving average price is $68.83. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.67 and a quick ratio of 0.67. Ventas, Inc. has a fifty-two week low of $51.80 and a fifty-two week high of $73.74.

Ventas (NYSE:VTR) last released its earnings results on Friday, July 26th. The real estate investment trust reported $0.58 earnings per share for the quarter, missing analysts’ consensus estimates of $0.96 by ($0.38). The firm had revenue of $950.70 million for 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 for the quarter was up .9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.46 EPS. As a group, research analysts expect that Ventas, Inc. will post 3.83 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, July 12th. Shareholders of record on Monday, July 1st were given a dividend of $0.7925 per share. This represents a $3.17 dividend on an annualized basis and a yield of 4.43%. The ex-dividend date of this dividend was Friday, June 28th. Ventas’s dividend payout ratio is presently 77.89%.

About Ventas

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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