Assenagon Asset Management S.A. Sells 4,167 Shares of Ventas, Inc. (NYSE:VTR)

Assenagon Asset Management S.A. decreased its stake in shares of Ventas, Inc. (NYSE:VTR) by 43.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,444 shares of the real estate investment trust’s stock after selling 4,167 shares during the quarter. Assenagon Asset Management S.A.’s holdings in Ventas were worth $279,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in VTR. First Community Trust NA purchased a new position in shares of Ventas during the second quarter worth approximately $25,000. Manchester Capital Management LLC grew its stake in Ventas by 77.9% in the fourth quarter. Manchester Capital Management LLC now owns 514 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 225 shares in the last quarter. ORG Partners LLC purchased a new position in Ventas during the 2nd quarter worth $27,000. First Financial Corp IN bought a new stake in Ventas during the 1st quarter valued at $30,000. Finally, EdgeRock Capital LLC bought a new stake in Ventas during the 4th quarter valued at $37,000. 94.18% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on VTR shares. Wedbush increased their price target on Ventas from $54.00 to $64.00 and gave the stock an “outperform” rating in a research report on Monday, August 5th. Wells Fargo & Company raised their target price on shares of Ventas from $46.00 to $49.00 and gave the company an “equal weight” rating in a research report on Thursday, May 30th. Wolfe Research raised shares of Ventas to a “strong-buy” rating in a research report on Friday, August 9th. Royal Bank of Canada lifted their price objective on shares of Ventas from $52.00 to $63.00 and gave the company an “outperform” rating in a report on Friday, August 9th. Finally, Scotiabank boosted 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. Five equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Ventas currently has an average rating of “Moderate Buy” and a consensus target price of $54.31.

Insider Buying and Selling at Ventas

In other news, CEO Peter J. Bulgarelli sold 3,784 shares of Ventas stock in a transaction 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 sale, the chief executive officer now directly owns 104,295 shares in the company, valued at $5,761,255.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other Ventas news, CFO Robert F. Probst sold 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 8th. The shares were sold at an average price of $58.87, for a total transaction of $1,177,400.00. Following the completion of 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 Securities & Exchange Commission, which is accessible through this link. Also, CEO Peter J. Bulgarelli sold 3,784 shares of the company’s stock in a transaction 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 sale, 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. In the last quarter, insiders have sold 63,863 shares of company stock worth $3,682,554. 1.00% of the stock is owned by corporate insiders.

Ventas Trading Up 0.6 %

Shares of NYSE:VTR opened at $59.58 on Friday. The business’s 50-day moving average is $54.19 and its 200 day moving average is $48.36. 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 1 year low of $39.33 and a 1 year high of $59.85. The firm has a market capitalization of $24.12 billion, a P/E ratio of -313.58, a P/E/G ratio of 2.60 and a beta of 1.33.

Ventas (NYSE:VTR) last issued its quarterly earnings results on Thursday, August 1st. The real estate investment trust reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.74). The business had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.19 billion. Ventas had a negative return on equity of 1.63% and a negative net margin of 3.33%. Ventas’s revenue was up 8.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.75 EPS. On average, research analysts predict that Ventas, Inc. will post 3.16 earnings per share for the current fiscal 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.