A. D. Beadell Investment Counsel buys $2,898,681 stake in Ventas (VTR)

Ventas (VTR) : A. D. Beadell Investment Counsel scooped up 500 additional shares in Ventas during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 20, 2016. The investment management firm now holds a total of 47,920 shares of Ventas which is valued at $2,898,681.Ventas makes up approximately 2.63% of A. D. Beadell Investment Counsel’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 , Oliver Luxxe Assets added VTR to its portfolio by purchasing 31,411 company shares during the most recent quarter which is valued at $1,900,051. Ventas makes up approx 1.91% of Oliver Luxxe Assets’s portfolio.State Of Alaska Department Of Revenue boosted its stake in VTR in the latest quarter, The investment management firm added 29,296 additional shares and now holds a total of 146,679 shares of Ventas which is valued at $9,264,246. Ventas makes up approx 0.96% of State Of Alaska Department Of Revenue’s portfolio.Grassi Investment Management boosted its stake in VTR in the latest quarter, The investment management firm added 50 additional shares and now holds a total of 16,700 shares of Ventas which is valued at $1,054,772. Ventas makes up approx 0.21% of Grassi Investment Management’s portfolio.Fjarde Ap-fonden Fourth Swedish National Pension Fund boosted its stake in VTR in the latest quarter, The investment management firm added 10,222 additional shares and now holds a total of 77,317 shares of Ventas which is valued at $4,883,342. Ventas makes up approx 0.11% of Fjarde Ap-fonden Fourth Swedish National Pension Fund’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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