Beech Hill Advisors Lowers stake in Ventas (VTR)

Ventas (VTR) : Beech Hill Advisors reduced its stake in Ventas by 1.08% during the most recent quarter end. The investment management company now holds a total of 91,275 shares of Ventas which is valued at $5,521,225 after selling 1,000 shares in Ventas , the firm said in a disclosure report filed with the SEC on Apr 20, 2016.Ventas makes up approximately 4.28% of Beech Hill Advisors’s portfolio.

Ventas opened for trading at $60.01 and hit $60.73 on the upside on Friday, eventually ending the session at $60.49, with a gain of 1.34% or 0.8 points. The heightened volatility saw the trading volume jump to 28,15,730 shares. Company has a market cap of $20,329 M.

Other Hedge Funds, Including , Carroll Financial Associates boosted its stake in VTR in the latest quarter, The investment management firm added 3,260 additional shares and now holds a total of 9,471 shares of Ventas which is valued at $572,901. Ventas makes up approx 0.10% of Carroll Financial Associates’s portfolio. Butensky Cohen Financial Security Inc sold out all of its stake in VTR during the most recent quarter. The investment firm sold 131 shares of VTR which is valued $7,924.Creative Planning boosted its stake in VTR in the latest quarter, The investment management firm added 3,851 additional shares and now holds a total of 47,645 shares of Ventas which is valued at $2,995,441. Ventas makes up approx 0.02% of Creative Planning’s portfolio.

On the company’s financial health, Ventas reported $1.03 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Feb 12, 2016. Analyst had a consensus of $1.01. The company had revenue of $841.30 million for the quarter, compared to analysts expectations of $823.29 million. The company’s revenue was up 14.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.15 EPS.

Many Wall Street Analysts have commented on Ventas. Company shares were Reiterated by Mizuho on Apr 5, 2016 to “Buy”, Firm has raised the Price Target to $ 71 from a previous price target of $66 .Ventas was Downgraded by Goldman to ” Neutral” on Mar 24, 2016. Mizuho Upgraded Ventas on Mar 3, 2016 to ” Buy”, Price Target of the shares are set at $66.

Ventas Inc. is a real estate investment trust (REIT). The Company has a portfolio of seniors housing and healthcare properties located throughout the United States Canada and the United Kingdom. The Company operates through three segments: triple-net leased properties senior living operations and MOB operations. The triple-net leased properties segment invests in seniors housing and healthcare properties throughout the United States and the United Kingdom and lease those properties to healthcare operating companies under triple-net or absolute-net leases that obligate the tenants to pay all property-related expenses. The senior living operations segment invests in seniors housing communities throughout the United States and Canada and engages independent operators such as Atria and Sunrise to manage those communities. The MOB operations segment acquires owns develops leases and manages MOBs throughout the United States. It invests in seniors housing and healthcare properties.

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