Bank of New York Mellon Corp Takes Position in Ventas, Inc. $VTR

Bank of New York Mellon Corp acquired a new stake in shares of Ventas, Inc. (NYSE:VTR - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 2,899,746 shares of the real estate investment trust's stock, valued at approximately $257,497,000. Bank of New York Mellon Corp owned 0.57% of Ventas at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Capital World Investors bought a new stake in Ventas during the 4th quarter worth approximately $594,116,000. Norges Bank bought a new position in shares of Ventas in the fourth quarter worth approximately $474,571,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Ventas by 32,509.3% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,648,776 shares of the real estate investment trust's stock worth $359,722,000 after purchasing an additional 4,634,520 shares in the last quarter. Cohen & Steers Inc. increased its stake in shares of Ventas by 228.1% in the fourth quarter. Cohen & Steers Inc. now owns 4,606,355 shares of the real estate investment trust's stock worth $356,440,000 after purchasing an additional 3,202,323 shares in the last quarter. Finally, Daiwa Securities Group Inc. raised its position in shares of Ventas by 188.7% during the 4th quarter. Daiwa Securities Group Inc. now owns 4,705,591 shares of the real estate investment trust's stock valued at $364,119,000 after purchasing an additional 3,075,450 shares during the period. 94.18% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Ventas

In other news, Director Michael J. Embler acquired 2,500 shares of Ventas stock in a transaction on Wednesday, June 3rd. The shares were acquired at an average price of $78.81 per share, with a total value of $197,025.00. Following the purchase, the director directly owned 19,202 shares in the company, valued at $1,513,309.62. The trade was a 14.97% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.53% of the stock is currently owned by insiders.

Ventas Trading Up 0.7%

Shares of VTR stock opened at $93.32 on Friday. Ventas, Inc. has a 12-month low of $66.38 and a 12-month high of $101.60. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 0.86. The stock's 50-day moving average price is $91.36 and its 200-day moving average price is $87.08. The stock has a market capitalization of $47.87 billion, a price-to-earnings ratio of 172.81, a price-to-earnings-growth ratio of 2.15 and a beta of 0.69.

Ventas (NYSE:VTR - Get Free Report) last posted its earnings results on Wednesday, July 29th. The real estate investment trust reported $0.97 EPS for the quarter, topping analysts' consensus estimates of $0.96 by $0.01. Ventas had a return on equity of 1.99% and a net margin of 4.08%.The company had revenue of $1.73 billion for the quarter, compared to the consensus estimate of $1.68 billion. During the same period in the previous year, the business earned $0.87 earnings per share. The firm's revenue for the quarter was up 21.7% on a year-over-year basis. Equities research analysts predict that Ventas, Inc. will post 3.89 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

VTR has been the topic of a number of analyst reports. Jefferies Financial Group lifted their target price on shares of Ventas from $97.00 to $100.00 and gave the company a "buy" rating in a research note on Tuesday, May 12th. Evercore reissued an "outperform" rating and set a $95.00 price target on shares of Ventas in a report on Wednesday, April 29th. Wells Fargo & Company raised their price target on Ventas from $93.00 to $96.00 and gave the company an "overweight" rating in a report on Monday, June 1st. Citigroup boosted their price objective on Ventas from $100.00 to $110.00 and gave the company a "buy" rating in a research report on Tuesday, August 4th. Finally, Royal Bank Of Canada upped their price objective on Ventas from $98.00 to $99.00 and gave the stock an "outperform" rating in a research note on Friday, August 14th. Fifteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, Ventas currently has an average rating of "Moderate Buy" and a consensus price target of $98.00.

About Ventas

Ventas, Inc NYSE: VTR is a real estate investment trust (REIT) that specializes in healthcare-related real estate. The company acquires, owns and manages a diversified portfolio of properties serving the healthcare continuum, including senior housing communities, skilled nursing facilities, medical office buildings, life science and research centers, and other properties leased to healthcare providers and operators. Ventas generates revenue through long-term leases, property management and selective development activities focused on meeting the real estate needs of the healthcare sector.

Ventas' business model combines property ownership with active asset management and capital markets activity.

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