Independent Order Of Foresters Lowers stake in Ventas (VTR)

Ventas (VTR) : Independent Order Of Foresters reduced its stake in Ventas by 22.73% during the most recent quarter end. The investment management company now holds a total of 88,041 shares of Ventas which is valued at $6,552,892 after selling 25,900 shares in Ventas , the firm said in a disclosure report filed with the SEC on Aug 10, 2016.Ventas makes up approximately 4.77% of Independent Order Of Foresters’s portfolio.

Other Hedge Funds, Including , Cetera Advisors boosted its stake in VTR in the latest quarter, The investment management firm added 1,407 additional shares and now holds a total of 11,103 shares of Ventas which is valued at $826,396. Ventas makes up approx 0.06% of Cetera Advisors’s portfolio.Douglas Lane Associates reduced its stake in VTR by selling 22,985 shares or 8.53% in the most recent quarter. The Hedge Fund company now holds 246,382 shares of VTR which is valued at $18,118,932. Ventas makes up approx 0.49% of Douglas Lane Associates’s portfolio.Kanaly Trust Co boosted its stake in VTR in the latest quarter, The investment management firm added 760 additional shares and now holds a total of 16,828 shares of Ventas which is valued at $1,243,253. Ventas makes up approx 0.25% of Kanaly Trust Co’s portfolio.Creative Planning reduced its stake in VTR by selling 7,813 shares or 16.4% in the most recent quarter. The Hedge Fund company now holds 39,832 shares of VTR which is valued at $2,874,675. Ventas makes up approx 0.02% of Creative Planning’s portfolio.

Ventas closed down -0.76 points or -1.02% at $73.42 with 21,37,093 shares getting traded on Friday. Post opening the session at $73.86, the shares hit an intraday low of $73.05 and an intraday high of $74.195 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

On the company’s financial health, Ventas reported $1.04 EPS for the quarter, based on the information available during the earnings call on Jul 29, 2016. Analyst had a consensus estimate of $1.04. The company had revenue of $848.40 million for the quarter, compared to analysts expectations of $850.73 million. The company’s revenue was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.18 EPS.

Many Wall Street Analysts have commented on Ventas. Ventas was Downgraded by Hilliard Lyons to ” Underperform” on Aug 1, 2016. Ventas was Initiated by Raymond James to “Mkt Perform” on Jul 26, 2016. Ventas was Initiated by Argus to “Hold” on Jul 13, 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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