Cypress Capital Group Lowers Stake in Ventas, Inc. (NYSE:VTR)

Cypress Capital Group lessened its position in Ventas, Inc. (NYSE:VTR) by 4.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,968 shares of the real estate investment trust’s stock after selling 316 shares during the quarter. Cypress Capital Group’s holdings in Ventas were worth $357,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Evoke Wealth LLC purchased a new position in shares of Ventas during the fourth quarter worth approximately $6,947,000. Wellington Management Group LLP boosted its stake in shares of Ventas by 405.5% during the fourth quarter. Wellington Management Group LLP now owns 171,194 shares of the real estate investment trust’s stock valued at $8,532,000 after purchasing an additional 137,327 shares during the period. GSA Capital Partners LLP bought a new position in shares of Ventas in the first quarter worth approximately $1,005,000. Nomura Holdings Inc. purchased a new position in shares of Ventas in the fourth quarter worth $3,560,000. Finally, Centersquare Investment Management LLC raised its holdings in Ventas by 11.5% during the 1st quarter. Centersquare Investment Management LLC now owns 7,806,396 shares of the real estate investment trust’s stock valued at $345,667,000 after buying an additional 802,546 shares during the last quarter. Hedge funds and other institutional investors own 94.18% of the company’s stock.

Analyst Ratings Changes

VTR has been the subject of several research reports. Evercore ISI upped their price objective on shares of Ventas from $53.00 to $56.00 and gave the stock an “outperform” rating in a report on Tuesday, July 16th. Royal Bank of Canada increased their price objective on Ventas from $52.00 to $63.00 and gave the stock an “outperform” rating in a report on Friday, August 9th. StockNews.com upgraded shares of Ventas from a “sell” rating to a “hold” rating in a report on Wednesday, July 10th. Wells Fargo & Company raised their price objective on Ventas from $46.00 to $49.00 and gave the company an “equal weight” rating in a research report on Thursday, May 30th. Finally, Wolfe Research upgraded shares of Ventas to a “strong-buy” rating in a research note on Friday, August 9th. Five research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $54.31.

Ventas Stock Up 0.4 %

Ventas stock traded up $0.22 during mid-day trading on Monday, hitting $59.80. 214,524 shares of the company’s stock were exchanged, compared to its average volume of 2,280,921. The stock has a 50 day moving average of $54.19 and a two-hundred day moving average of $48.38. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 1.36. Ventas, Inc. has a 1-year low of $39.33 and a 1-year high of $60.07. The stock has a market cap of $24.71 billion, a P/E ratio of -313.56, a P/E/G ratio of 2.64 and a beta of 1.33.

Ventas (NYSE:VTR) last announced its quarterly earnings data on Thursday, August 1st. The real estate investment trust reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.74). The company had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.19 billion. Ventas had a negative net margin of 3.33% and a negative return on equity of 1.63%. The firm’s quarterly revenue was up 8.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.75 EPS. As a group, analysts anticipate that Ventas, Inc. will post 3.16 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Peter J. Bulgarelli sold 3,784 shares of the company’s stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $55.24, for a total value of $209,028.16. Following the completion of the sale, the chief executive officer now owns 104,295 shares in the company, valued at $5,761,255.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, CEO Debra A. Cafaro sold 40,079 shares of the business’s stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $57.29, for a total value of $2,296,125.91. Following the completion of the sale, the chief executive officer now directly owns 986,717 shares in the company, valued at $56,529,016.93. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Peter J. Bulgarelli sold 3,784 shares of Ventas stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $55.24, for a total transaction of $209,028.16. Following the completion of the transaction, the chief executive officer now directly owns 104,295 shares in the company, valued at $5,761,255.80. The disclosure for this sale can be found here. Over the last three months, insiders sold 63,863 shares of company stock valued at $3,682,554. Insiders own 1.00% of the company’s stock.

Ventas Company Profile

Ventas Inc (NYSE: VTR) is a leading S&P 500 real estate investment trust focused on delivering strong, sustainable shareholder returns by enabling exceptional environments that benefit a large and growing aging population. The Company's growth is fueled by its senior housing communities, which provide valuable services to residents and enable them to thrive in supported environments.