Hsbc Holdings PLC Purchases 145,238 Shares of Ventas, Inc. $VTR

Key Points

• HSBC increased its Ventas stake by 7.3% in the second quarter, purchasing 145,238 shares to hold 2.14 million shares valued at approximately $190.1 million. Institutional investors collectively own 94.18% of Ventas.
• Analyst sentiment remains positive, with 14 analysts rating Ventas a Buy and three issuing Holds. The stock has a consensus rating of “Moderate Buy” and an average price target of $99.
• Ventas exceeded quarterly expectations, reporting adjusted earnings of $0.97 per share versus a $0.96 estimate and revenue of $1.73 billion, up 21.7% year over year.

Hsbc Holdings PLC boosted its position in Ventas, Inc. (NYSE:VTR - Free Report) by 7.3% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 2,139,057 shares of the real estate investment trust's stock after purchasing an additional 145,238 shares during the period. Hsbc Holdings PLC owned about 0.42% of Ventas worth $190,099,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of VTR. Deutsche Bank AG boosted its stake in shares of Ventas by 0.7% during the 4th quarter. Deutsche Bank AG now owns 3,904,293 shares of the real estate investment trust's stock worth $302,114,000 after acquiring an additional 27,688 shares during the period. Bank of New York Mellon Corp raised its stake in Ventas by 2.5% in the 4th quarter. Bank of New York Mellon Corp now owns 2,868,962 shares of the real estate investment trust's stock valued at $222,000,000 after acquiring an additional 70,459 shares during the period. Norges Bank bought a new stake in Ventas in the 4th quarter valued at $474,571,000. Sei Investments Co. lifted its holdings in Ventas by 3.3% during the 1st quarter. Sei Investments Co. now owns 660,428 shares of the real estate investment trust's stock valued at $54,010,000 after purchasing an additional 21,378 shares during the last quarter. Finally, Cbre Investment Management Listed Real Assets LLC lifted its holdings in Ventas by 5.8% during the 4th quarter. Cbre Investment Management Listed Real Assets LLC now owns 1,851,968 shares of the real estate investment trust's stock valued at $143,305,000 after purchasing an additional 101,370 shares during the last quarter. Institutional investors own 94.18% of the company's stock.

Analyst Ratings Changes

VTR has been the topic of several research reports. Cantor Fitzgerald upped their price objective on shares of Ventas from $97.00 to $102.00 and gave the company an "overweight" rating in a report on Friday, July 31st. Royal Bank Of Canada raised their target price on shares of Ventas from $98.00 to $99.00 and gave the stock an "outperform" rating in a research note on Friday, August 14th. Weiss Ratings raised shares of Ventas from a "hold (c+)" rating to a "buy (b-)" rating in a report on Tuesday, July 21st. Jefferies Financial Group upped their price target 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. Finally, Barclays increased their price target on shares of Ventas from $99.00 to $102.00 and gave the company an "equal weight" rating in a report on Monday, August 31st. Fourteen equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $99.00.

Ventas Price Performance

Shares of NYSE VTR opened at $90.27 on Monday. The stock has a market capitalization of $46.30 billion, a P/E ratio of 167.17, a PEG ratio of 3.52 and a beta of 0.70. The stock's fifty day moving average is $92.94 and its 200 day moving average is $87.84. Ventas, Inc. has a 52 week low of $66.38 and a 52 week high of $101.60. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.44 and a current ratio of 0.44.

Ventas (NYSE:VTR - Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.96 by $0.01. Ventas had a net margin of 4.08% and a return on equity of 1.99%. The business had revenue of $1.73 billion during the quarter, compared to analysts' expectations of $1.68 billion. During the same quarter in the prior year, the business posted $0.87 earnings per share. Ventas's revenue was up 21.7% compared to the same quarter last year. Sell-side analysts forecast that Ventas, Inc. will post 3.89 earnings per share for the current fiscal year.

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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