Cleararc Capital Inc Lowers stake in Ventas (VTR)

Ventas (VTR) : Cleararc Capital Inc reduced its stake in Ventas by 0.88% during the most recent quarter end. The investment management company now holds a total of 48,168 shares of Ventas which is valued at $3.2 Million after selling 426 shares in Ventas , the firm said in a disclosure report filed with the SEC on May 13, 2016.Ventas makes up approximately 0.68% of Cleararc Capital Inc’s portfolio.

Other Hedge Funds, Including , Johnson Investment Counsel Inc boosted its stake in VTR in the latest quarter, The investment management firm added 705 additional shares and now holds a total of 5,333 shares of Ventas which is valued at $356,031. Ventas makes up approx 0.01% of Johnson Investment Counsel Inc’s portfolio.First Heartland Consultants reduced its stake in VTR by selling 1,579 shares or 11.26% in the most recent quarter. The Hedge Fund company now holds 12,438 shares of VTR which is valued at $830,361. Ventas makes up approx 0.32% of First Heartland Consultants’s portfolio.Blackrock Japan Ltd reduced its stake in VTR by selling 1,274 shares or 0.29% in the most recent quarter. The Hedge Fund company now holds 437,655 shares of VTR which is valued at $29.2 Million. Ventas makes up approx 0.11% of Blackrock Japan Ltd’s portfolio.Global X Management Co boosted its stake in VTR in the latest quarter, The investment management firm added 917 additional shares and now holds a total of 1,890 shares of Ventas which is valued at $124,929. Ventas makes up approx 0.01% of Global X Management Co’s portfolio.Resolution Capital Ltd boosted its stake in VTR in the latest quarter, The investment management firm added 2,144,542 additional shares and now holds a total of 2,379,895 shares of Ventas which is valued at $157.3 Million. Ventas makes up approx 10.91% of Resolution Capital Ltd’s portfolio.

Ventas (VTR) witnessed a volatile trading activity on Wednesday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $66.06 and reached the intraday high at $66.25. The bulls started the profit booking and pushed the shares to intraday low of $65.06. The trading session was marked by a volume range of 12,78,302 shares exchanging hands. The 52-week high of the shares is $67.52 and the 52-week low is $46.87. The market cap of the company stands at $22,320 M and there are 33,81,32,080 shares in public circulation.

On the company’s financial health, Ventas reported $1.04 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Apr 29, 2016. Analyst had a consensus of $1.02. The company had revenue of $852.30 million for the quarter, compared to analysts expectations of $826.64 million. The company’s revenue was up 5.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.97 EPS.

Many Wall Street Analysts have commented on Ventas. Company shares were Reiterated by Barclays on May 2, 2016 to “Equal Weight”, Firm has raised the Price Target to $ 64 from a previous price target of $59 .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.

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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