Edgestream Partners L.P. Raises Stock Holdings in Ventas, Inc. (NYSE:VTR)

Edgestream Partners L.P. increased its position in Ventas, Inc. (NYSE:VTR - Free Report) by 129.2% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 25,818 shares of the real estate investment trust's stock after acquiring an additional 14,553 shares during the quarter. Edgestream Partners L.P.'s holdings in Ventas were worth $1,775,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the company. Securian Asset Management Inc. increased its holdings in Ventas by 2.8% in the 1st quarter. Securian Asset Management Inc. now owns 23,155 shares of the real estate investment trust's stock worth $1,592,000 after acquiring an additional 624 shares during the last quarter. MQS Management LLC purchased a new position in Ventas during the 1st quarter valued at about $642,000. CWM LLC grew its holdings in Ventas by 192.0% during the 1st quarter. CWM LLC now owns 24,918 shares of the real estate investment trust's stock valued at $1,713,000 after buying an additional 16,383 shares in the last quarter. Louisiana State Employees Retirement System grew its holdings in Ventas by 4.0% during the 1st quarter. Louisiana State Employees Retirement System now owns 23,500 shares of the real estate investment trust's stock valued at $1,616,000 after buying an additional 900 shares in the last quarter. Finally, Schechter Investment Advisors LLC purchased a new position in Ventas during the 1st quarter valued at about $202,000. Hedge funds and other institutional investors own 94.18% of the company's stock.

Ventas Price Performance

NYSE:VTR traded up $0.43 during mid-day trading on Friday, reaching $65.80. The stock had a trading volume of 2,416,660 shares, compared to its average volume of 2,933,643. The firm has a 50 day moving average price of $63.82 and a two-hundred day moving average price of $64.45. The stock has a market capitalization of $29.70 billion, a P/E ratio of 199.39, a P/E/G ratio of 2.37 and a beta of 0.87. Ventas, Inc. has a one year low of $52.79 and a one year high of $71.36. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.32 and a current ratio of 0.32.

Ventas (NYSE:VTR - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The real estate investment trust reported $0.84 earnings per share for the quarter, beating the consensus estimate of $0.82 by $0.02. Ventas had a return on equity of 1.36% and a net margin of 2.80%. The firm had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.32 billion. During the same quarter in the previous year, the company posted $0.78 earnings per share. The business's revenue was up 13.2% on a year-over-year basis. As a group, analysts expect that Ventas, Inc. will post 3.4 earnings per share for the current year.

Ventas Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 17th. Shareholders of record on Monday, June 30th were given a $0.48 dividend. The ex-dividend date of this dividend was Monday, June 30th. This represents a $1.92 annualized dividend and a yield of 2.92%. Ventas's payout ratio is currently 581.82%.

Insider Buying and Selling

In other news, CEO Debra A. Cafaro sold 4,375 shares of the business's stock in a transaction that occurred on Friday, July 18th. The stock was sold at an average price of $65.82, for a total transaction of $287,962.50. Following the transaction, the chief executive officer directly owned 1,145,695 shares of the company's stock, valued at approximately $75,409,644.90. The trade was a 0.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Robert F. Probst sold 4,098 shares of the business's stock in a transaction that occurred on Friday, July 18th. The shares were sold at an average price of $66.24, for a total value of $271,451.52. Following the transaction, the chief financial officer directly owned 168,364 shares in the company, valued at $11,152,431.36. This trade represents a 2.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 314,095 shares of company stock worth $20,460,099. Company insiders own 0.80% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on VTR. Royal Bank Of Canada lifted their target price on Ventas from $74.00 to $75.00 and gave the company an "outperform" rating in a report on Wednesday, May 7th. Wall Street Zen downgraded Ventas from a "hold" rating to a "sell" rating in a research report on Thursday, May 22nd. JPMorgan Chase & Co. upgraded Ventas from a "neutral" rating to an "overweight" rating and lifted their price target for the company from $70.00 to $72.00 in a research report on Monday, June 23rd. Finally, Scotiabank lifted their price target on Ventas from $71.00 to $72.00 and gave the company a "sector perform" rating in a research report on Monday, June 23rd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $72.90.

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.