Ventas (VTR) has risen sharply, recording gains of 3.14% in the past 4 weeks. However, the stock has corrected -0.87% in the past 1 week, providing a good buying opportunity on dips. Ventas (VTR) : During the past 4 weeks, traders have been relatively bearish on Ventas (VTR), hence the stock is down -1.18% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.33% relative to the S&P 500. The stock has recorded a 20-day Moving Average of 0.88% and the 50-Day Moving Average is 5.43%.
Ventas (NYSE:VTR): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $71.07 and $70.82 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $72.08. The buying momentum continued till the end and the stock did not give up its gains. It closed at $72.00, notching a gain of 1.52% for the day. The total traded volume was 1,936,511 . The stock had closed at $70.92 on the previous day.
The company Insiders own 1.1% of Ventas shares according to the proxy statements. Institutional Investors own 93.56% of Ventas shares. In a related news,The director of Ventas Inc, Crocker Douglas Ii sold 5,940 shares at $62.91 on March 30, 2016. The Insider selling transaction had a total value worth of $373,685. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
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.