Apriem Advisors buys $5.1 Million stake in Ventas (VTR)

Ventas (VTR) : Apriem Advisors scooped up 4,375 additional shares in Ventas during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 76,846 shares of Ventas which is valued at $5.1 Million.Ventas makes up approximately 2.03% of Apriem Advisors’s portfolio.

Other Hedge Funds, Including , Dimensional Fund Advisors Lp boosted its stake in VTR in the latest quarter, The investment management firm added 37,781 additional shares and now holds a total of 4,275,232 shares of Ventas which is valued at $285.4 Million. Ventas makes up approx 0.17% of Dimensional Fund Advisors Lp’s portfolio.Amalgamated Bank boosted its stake in VTR in the latest quarter, The investment management firm added 3,163 additional shares and now holds a total of 11,868 shares of Ventas which is valued at $792,308. Ventas makes up approx 0.08% of Amalgamated Bank’s portfolio.Liberty Mutual Group Asset Management boosted its stake in VTR in the latest quarter, The investment management firm added 1,400 additional shares and now holds a total of 20,922 shares of Ventas which is valued at $1.4 Million. Ventas makes up approx 0.06% of Liberty Mutual Group Asset Management’s portfolio.Rhumbline Advisers boosted its stake in VTR in the latest quarter, The investment management firm added 18,026 additional shares and now holds a total of 482,009 shares of Ventas which is valued at $31.9 Million. Ventas makes up approx 0.10% of Rhumbline Advisers’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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