Van Lanschot Kempen Investment Management N.V. Acquires New Holdings in Ventas, Inc. $VTR

Key Points

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Van Lanschot Kempen Investment Management N.V. bought a new stake in Ventas, Inc. (NYSE:VTR - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 297,910 shares of the real estate investment trust's stock, valued at approximately $20,484,000. Van Lanschot Kempen Investment Management N.V. owned about 0.07% of Ventas at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. DAVENPORT & Co LLC bought a new position in shares of Ventas during the 1st quarter worth approximately $276,000. NBC Securities Inc. purchased a new position in Ventas in the first quarter worth $65,000. Wealth Enhancement Advisory Services LLC increased its position in shares of Ventas by 40.9% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 34,773 shares of the real estate investment trust's stock worth $2,391,000 after purchasing an additional 10,091 shares in the last quarter. Chicago Capital LLC purchased a new stake in shares of Ventas during the 1st quarter valued at $579,000. Finally, Diamond Hill Capital Management Inc. purchased a new stake in shares of Ventas during the 1st quarter valued at $13,321,000. 94.18% of the stock is currently owned by institutional investors.

Insider Activity at Ventas

In related news, EVP Carey S. Roberts sold 23,500 shares of the firm's stock in a transaction on Friday, May 30th. The shares were sold at an average price of $64.23, for a total transaction of $1,509,405.00. Following the sale, the executive vice president owned 116,650 shares in the company, valued at approximately $7,492,429.50. This trade represents a 16.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Debra A. Cafaro sold 14,753 shares of the stock in a transaction dated Monday, July 14th. The stock was sold at an average price of $65.60, for a total transaction of $967,796.80. Following the sale, the chief executive officer directly owned 1,145,695 shares in the company, valued at approximately $75,157,592. The trade was a 1.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 376,932 shares of company stock worth $24,716,734 in the last three months. Company insiders own 1.00% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on VTR shares. Royal Bank Of Canada upped their target price on Ventas from $74.00 to $75.00 and gave the company an "outperform" rating in a research report on Wednesday, May 7th. JPMorgan Chase & Co. raised shares of Ventas from a "neutral" rating to an "overweight" rating and increased their price objective for the company from $70.00 to $72.00 in a research report on Monday, June 23rd. Scotiabank lifted their target price on shares of Ventas from $71.00 to $72.00 and gave the stock a "sector perform" rating in a research note on Monday, June 23rd. Wall Street Zen lowered shares of Ventas from a "hold" rating to a "sell" rating in a research note on Thursday, May 22nd. Finally, Morgan Stanley raised their price target on shares of Ventas from $70.00 to $75.00 and gave the stock an "equal weight" rating in a report on Friday. One investment analyst has rated the stock with a sell rating, two have given a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $73.40.

Ventas Trading Down 0.7%

NYSE VTR opened at $67.30 on Tuesday. Ventas, Inc. has a 1 year low of $56.68 and a 1 year high of $71.36. The company has a debt-to-equity ratio of 1.13, a current ratio of 0.68 and a quick ratio of 0.68. The company has a market capitalization of $30.59 billion, a PE ratio of 156.51, a P/E/G ratio of 2.44 and a beta of 0.87. The company has a fifty day moving average of $65.24 and a 200 day moving average of $65.76.

Ventas (NYSE:VTR - Get Free Report) last issued its earnings results on Wednesday, July 30th. The real estate investment trust reported $0.87 EPS for the quarter, topping analysts' consensus estimates of $0.85 by $0.02. The firm had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.37 billion. Ventas had a return on equity of 1.75% and a net margin of 3.61%. The company's revenue was up 18.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.80 earnings per share. Research analysts forecast that Ventas, Inc. will post 3.4 earnings per share for the current year.

Ventas 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.

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