Voya Investment Management LLC Buys 3,843 Shares of Ventas, Inc. (NYSE:VTR)

Voya Investment Management LLC boosted its stake in shares of Ventas, Inc. (NYSE:VTR) by 2.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 172,120 shares of the real estate investment trust’s stock after acquiring an additional 3,843 shares during the period. Voya Investment Management LLC’s holdings in Ventas were worth $12,570,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. Achmea Investment Management B.V. boosted its holdings in shares of Ventas by 34.9% in the 2nd quarter. Achmea Investment Management B.V. now owns 38,751 shares of the real estate investment trust’s stock valued at $2,648,000 after purchasing an additional 10,028 shares in the last quarter. Coastal Investment Advisors Inc. boosted its holdings in shares of Ventas by 530.6% in the 2nd quarter. Coastal Investment Advisors Inc. now owns 5,076 shares of the real estate investment trust’s stock valued at $357,000 after purchasing an additional 4,271 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Ventas by 8.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 595,403 shares of the real estate investment trust’s stock valued at $40,696,000 after purchasing an additional 47,832 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its holdings in shares of Ventas by 16.6% in the 2nd quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 134,346 shares of the real estate investment trust’s stock valued at $9,183,000 after purchasing an additional 19,173 shares in the last quarter. Finally, Daiwa Securities Group Inc. boosted its holdings in shares of Ventas by 2.7% in the 3rd quarter. Daiwa Securities Group Inc. now owns 84,908 shares of the real estate investment trust’s stock valued at $6,201,000 after purchasing an additional 2,270 shares in the last quarter. Hedge funds and other institutional investors own 88.12% of the company’s stock.

NYSE VTR opened at $57.88 on Tuesday. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 1.11. Ventas, Inc. has a twelve month low of $56.52 and a twelve month high of $75.40. The company has a market cap of $21.73 billion, a price-to-earnings ratio of 14.22, a price-to-earnings-growth ratio of 5.03 and a beta of 0.12. The business’s fifty day moving average is $63.25 and its 200 day moving average is $68.08.

Ventas (NYSE:VTR) last released its quarterly earnings data on Friday, October 25th. The real estate investment trust reported $0.23 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.94 by ($0.71). Ventas had a net margin of 12.73% and a return on equity of 4.59%. The firm had revenue of $983.16 million for the quarter, compared to analyst estimates of $935.43 million. During the same period last year, the business earned $0.99 EPS. The company’s revenue was up 5.0% compared to the same quarter last year. On average, research analysts anticipate that Ventas, Inc. will post 3.84 earnings per share for the current fiscal year.

A number of brokerages have weighed in on VTR. BMO Capital Markets reduced their target price on Ventas to $63.00 and set a “market perform” rating on the stock in a report on Friday, November 8th. TheStreet downgraded Ventas from a “b-” rating to a “c+” rating in a report on Friday, November 15th. Morgan Stanley raised their target price on Ventas from $61.00 to $73.00 and gave the company an “equal weight” rating in a report on Tuesday, September 17th. Stifel Nicolaus downgraded Ventas from a “buy” rating to a “hold” rating and reduced their target price for the company from $74.00 to $66.00 in a report on Wednesday, October 30th. Finally, Barclays began coverage on Ventas in a report on Tuesday, September 3rd. They issued an “equal weight” rating and a $74.00 target price on the stock. Two investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and one has assigned a buy rating to the company’s stock. Ventas currently has a consensus rating of “Hold” and an average target price of $67.04.

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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