NEOS Investment Management LLC Increases Holdings in Ventas, Inc. $VTR

Key Points

• NEOS Investment Management increased its Ventas stake by 16% in the second quarter, adding 24,150 shares to own 174,633 shares valued at approximately $15.5 million. Institutional investors collectively hold 94.18% of Ventas stock.
• Ventas reported quarterly earnings of $0.97 per share, exceeding estimates by $0.01, while revenue rose 21.7% year over year to $1.73 billion.
• Shares recently traded at $90.27, down 2%, while analysts maintained a favorable outlook: 14 analysts rate the stock a Buy and the average price target is $99.00.

NEOS Investment Management LLC raised its position in Ventas, Inc. (NYSE:VTR - Free Report) by 16.0% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 174,633 shares of the real estate investment trust's stock after acquiring an additional 24,150 shares during the quarter. NEOS Investment Management LLC's holdings in Ventas were worth $15,507,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Dynamic Wealth Strategies LLC purchased a new position in Ventas during the first quarter valued at $25,000. Silvant Capital Management LLC purchased a new stake in Ventas during the 2nd quarter valued at approximately $28,000. Meeder Asset Management Inc. bought a new stake in Ventas in the 2nd quarter valued at $30,000. Wiser Advisor Group LLC bought a new stake in shares of Ventas in the third quarter worth about $27,000. Finally, IFC & Insurance Marketing Inc. purchased a new stake in shares of Ventas during the 4th quarter worth approximately $30,000. Hedge funds and other institutional investors own 94.18% of the company's stock.

Ventas Trading Down 2.0%

NYSE:VTR opened at $90.27 on Friday. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 0.86. The business's 50 day moving average is $92.94 and its two-hundred day moving average is $87.82. Ventas, Inc. has a 52 week low of $66.38 and a 52 week high of $101.60. The company has a market cap of $46.30 billion, a PE ratio of 167.17, a P/E/G ratio of 3.59 and a beta of 0.70.

Ventas (NYSE:VTR - Get Free Report) last issued its earnings results on Wednesday, July 29th. The real estate investment trust reported $0.97 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to analyst estimates of $1.68 billion. During the same quarter last year, the firm earned $0.87 EPS. The business's revenue was up 21.7% on a year-over-year basis. On average, analysts predict that Ventas, Inc. will post 3.89 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on VTR. The Goldman Sachs Group reaffirmed a "buy" rating and issued a $110.00 price target on shares of Ventas in a report on Tuesday, May 19th. Citigroup upped their price target on shares of Ventas from $100.00 to $110.00 and gave the stock a "buy" rating in a report on Tuesday, August 4th. Jefferies Financial Group raised their price objective on Ventas from $97.00 to $100.00 and gave the stock a "buy" rating in a report on Tuesday, May 12th. Raymond James Financial began coverage on shares of Ventas in a report on Tuesday, June 16th. They issued an "outperform" rating and a $94.00 price target for the company. Finally, Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a $100.00 price objective on shares of Ventas in a research note on Tuesday, June 16th. Fourteen research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $99.00.

Ventas Company Profile

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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