Hoylecohen LLC Has $1.01 Million Stock Position in Ventas, Inc. (NYSE:VTR)

Hoylecohen LLC decreased its position in Ventas, Inc. (NYSE:VTR) by 28.6% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 19,600 shares of the real estate investment trust’s stock after selling 7,864 shares during the period. Hoylecohen LLC’s holdings in Ventas were worth $1,005,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in VTR. Norges Bank acquired a new position in Ventas in the 4th quarter worth $231,512,000. Waterfront Capital Partners LLC acquired a new position in Ventas in the 4th quarter worth $50,967,000. Centersquare Investment Management LLC boosted its stake in Ventas by 11.5% in the 1st quarter. Centersquare Investment Management LLC now owns 7,806,396 shares of the real estate investment trust’s stock worth $345,667,000 after purchasing an additional 802,546 shares during the period. Cbre Investment Management Listed Real Assets LLC boosted its stake in Ventas by 65.6% in the 4th quarter. Cbre Investment Management Listed Real Assets LLC now owns 1,486,572 shares of the real estate investment trust’s stock worth $74,091,000 after purchasing an additional 588,818 shares during the period. Finally, Franklin Resources Inc. boosted its stake in Ventas by 209.4% in the 4th quarter. Franklin Resources Inc. now owns 754,662 shares of the real estate investment trust’s stock worth $37,612,000 after purchasing an additional 510,718 shares during the period. Institutional investors and hedge funds own 94.18% of the company’s stock.

Insider Buying and Selling at Ventas

In other Ventas news, CFO Robert F. Probst sold 20,000 shares of the stock in a transaction dated Thursday, August 8th. The shares were sold at an average price of $58.87, for a total value of $1,177,400.00. Following the transaction, the chief financial officer now directly owns 156,403 shares of the company’s stock, valued at approximately $9,207,444.61. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other Ventas news, CEO Debra A. Cafaro sold 40,079 shares of the stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of $57.29, for a total transaction of $2,296,125.91. Following the transaction, the chief executive officer now owns 986,717 shares in the company, valued at approximately $56,529,016.93. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Robert F. Probst sold 20,000 shares of the stock in a transaction that occurred on Thursday, August 8th. The stock was sold at an average price of $58.87, for a total transaction of $1,177,400.00. Following the transaction, the chief financial officer now owns 156,403 shares in the company, valued at approximately $9,207,444.61. The disclosure for this sale can be found here. Insiders have sold a total of 63,863 shares of company stock valued at $3,682,554 in the last three months. 1.00% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research firms have recently commented on VTR. Royal Bank of Canada increased their price objective on shares of Ventas from $52.00 to $63.00 and gave the stock an “outperform” rating in a research note on Friday, August 9th. Scotiabank increased their price objective on shares of Ventas from $55.00 to $59.00 and gave the stock a “sector perform” rating in a research note on Wednesday, August 7th. Wolfe Research upgraded shares of Ventas to a “strong-buy” rating in a research note on Friday, August 9th. Wells Fargo & Company increased their price objective on shares of Ventas from $46.00 to $49.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 30th. Finally, StockNews.com upgraded shares of Ventas from a “sell” rating to a “hold” rating in a research note on Wednesday, July 10th. Five analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Ventas presently has an average rating of “Moderate Buy” and a consensus target price of $54.31.

Ventas Stock Performance

Ventas stock traded up $0.38 during trading hours on Friday, hitting $58.42. The company had a trading volume of 1,913,382 shares, compared to its average volume of 2,322,508. The firm has a market cap of $24.14 billion, a PE ratio of -307.46, a PEG ratio of 2.61 and a beta of 1.33. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.58 and a quick ratio of 0.58. Ventas, Inc. has a one year low of $39.33 and a one year high of $59.82. The firm has a 50-day moving average of $53.28 and a 200 day moving average of $47.90.

Ventas (NYSE:VTR) last released its quarterly earnings results on Thursday, August 1st. The real estate investment trust reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.79 by ($0.74). The company had revenue of $1.20 billion during the quarter, compared to the consensus estimate 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 revenue was up 8.6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.75 earnings per share. On average, sell-side analysts expect that Ventas, Inc. will post 3.16 earnings per share for the current year.

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.