Professional Advisory Services Inc Lowers stake in Ventas (VTR)

Ventas (VTR) : Professional Advisory Services Inc reduced its stake in Ventas by 11.84% during the most recent quarter end. The investment management company now holds a total of 277,075 shares of Ventas which is valued at $17,500,057 after selling 37,225 shares in Ventas , the firm said in a disclosure report filed with the SEC on Apr 15, 2016.Ventas makes up approximately 4.09% of Professional Advisory Services Inc’s portfolio.

Ventas closed down -2.68 points or -4.30% at $59.69 with 38,00,187 shares getting traded on Wednesday. Post opening the session at $62.29, the shares hit an intraday low of $59.43 and an intraday high of $62.3 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

Other Hedge Funds, Including , Btr Capital Management Inc boosted its stake in VTR in the latest quarter, The investment management firm added 84,821 additional shares and now holds a total of 103,303 shares of Ventas which is valued at $6,524,617. Ventas makes up approx 1.50% of Btr Capital Management Inc’s portfolio. Simplex Trading sold out all of its stake in VTR during the most recent quarter. The investment firm sold 900 shares of VTR which is valued $56,844. Lowe Fs sold out all of its stake in VTR during the most recent quarter. The investment firm sold 75 shares of VTR which is valued $4,737.Eqis Capital Management reduced its stake in VTR by selling 937 shares or 9.33% in the most recent quarter. The Hedge Fund company now holds 9,108 shares of VTR which is valued at $572,620. Ventas makes up approx 0.04% of Eqis Capital Management’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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