Edgemoor Investment Advisors Inc. Has $262,000 Stock Position in Ventas, Inc. (NYSE:VTR)

Edgemoor Investment Advisors Inc. lessened its stake in shares of Ventas, Inc. (NYSE:VTR) by 52.4% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,105 shares of the real estate investment trust’s stock after selling 5,620 shares during the period. Edgemoor Investment Advisors Inc.’s holdings in Ventas were worth $262,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Norges Bank acquired a new position in shares of Ventas during the 4th quarter worth approximately $231,512,000. ANTIPODES PARTNERS Ltd acquired a new position in Ventas during the second quarter worth $73,517,000. Centersquare Investment Management LLC raised its position in Ventas by 11.5% during the first quarter. Centersquare Investment Management LLC now owns 7,806,396 shares of the real estate investment trust’s stock worth $345,667,000 after acquiring an additional 802,546 shares in the last quarter. Cbre Investment Management Listed Real Assets LLC lifted its stake in Ventas by 65.6% in the fourth quarter. Cbre Investment Management Listed Real Assets LLC now owns 1,486,572 shares of the real estate investment trust’s stock valued at $74,091,000 after acquiring an additional 588,818 shares during the last quarter. Finally, Franklin Resources Inc. grew its position in shares of Ventas by 209.4% in the 4th quarter. Franklin Resources Inc. now owns 754,662 shares of the real estate investment trust’s stock valued at $37,612,000 after acquiring an additional 510,718 shares during the period. 94.18% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Royal Bank of Canada upped their target price on shares of Ventas from $52.00 to $63.00 and gave the company an “outperform” rating in a report on Friday, August 9th. Wells Fargo & Company upped their price objective on Ventas from $46.00 to $49.00 and gave the company an “equal weight” rating in a research note on Thursday, May 30th. StockNews.com raised Ventas from a “sell” rating to a “hold” rating in a research report on Wednesday, July 10th. Evercore ISI boosted their target price on Ventas from $61.00 to $64.00 and gave the stock an “outperform” rating in a report on Wednesday, August 28th. Finally, Scotiabank raised their price target on Ventas from $55.00 to $59.00 and gave the company a “sector perform” rating in a report on Wednesday, August 7th. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $56.27.

Insider Activity at Ventas

In other Ventas news, CEO Debra A. Cafaro sold 40,079 shares of Ventas stock in a transaction 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 transaction, the chief executive officer now directly owns 986,717 shares of the company’s stock, valued at approximately $56,529,016.93. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other Ventas news, CEO Debra A. Cafaro sold 40,079 shares of the firm’s stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of $57.29, for a total value of $2,296,125.91. Following the transaction, the chief executive officer now directly owns 986,717 shares of the company’s stock, valued at approximately $56,529,016.93. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Debra A. Cafaro sold 6,827 shares of the company’s stock in a transaction that occurred on Thursday, September 5th. The stock was sold at an average price of $63.20, for a total transaction of $431,466.40. Following the sale, the chief executive officer now directly owns 986,717 shares of the company’s stock, valued at approximately $62,360,514.40. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 71,065 shares of company stock worth $4,136,524. Company insiders own 1.00% of the company’s stock.

Ventas Stock Performance

Shares of VTR traded up $0.29 during midday trading on Monday, reaching $63.15. 139,324 shares of the stock were exchanged, compared to its average volume of 2,308,335. The stock’s 50 day simple moving average is $56.47 and its 200 day simple moving average is $49.59. The company has a market cap of $26.09 billion, a P/E ratio of -330.82, a PEG ratio of 2.80 and a beta of 1.36. Ventas, Inc. has a twelve month low of $39.33 and a twelve month high of $63.46. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 1.36.

Ventas (NYSE:VTR) last released its quarterly earnings results 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 business had revenue of $1.20 billion for the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period in the prior year, the business posted $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.

About Ventas

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.