Hoylecohen LLC Decreases Stock Holdings in Ventas, Inc. (NYSE:VTR)

Hoylecohen LLC reduced its position in shares of Ventas, Inc. (NYSE:VTR) by 28.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 19,600 shares of the real estate investment trust’s stock after selling 7,864 shares during the period. Hoylecohen LLC’s holdings in Ventas were worth $1,005,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. First Community Trust NA acquired a new stake in shares of Ventas during the second quarter worth about $25,000. Manchester Capital Management LLC lifted its stake in Ventas by 77.9% in the fourth quarter. Manchester Capital Management LLC now owns 514 shares of the real estate investment trust’s stock valued at $26,000 after buying an additional 225 shares during the last quarter. ORG Partners LLC acquired a new stake in shares of Ventas in the second quarter valued at approximately $27,000. First Financial Corp IN purchased a new position in shares of Ventas during the first quarter worth approximately $30,000. Finally, Pacific Capital Wealth Advisors Inc. acquired a new position in shares of Ventas in the 4th quarter valued at $38,000. 94.18% of the stock is currently owned by institutional investors and hedge funds.

Ventas Price Performance

Shares of VTR traded up $0.38 during mid-day trading on Friday, hitting $58.42. The company’s stock had a trading volume of 1,913,382 shares, compared to its average volume of 2,322,508. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 1.36. The firm has a 50-day simple moving average of $53.28 and a 200 day simple moving average of $47.90. The firm has a market capitalization of $24.14 billion, a P/E ratio of -307.46, a P/E/G ratio of 2.61 and a beta of 1.33. Ventas, Inc. has a 1-year low of $39.33 and a 1-year high of $59.82.

Ventas (NYSE:VTR) last posted its quarterly earnings results on Thursday, August 1st. The real estate investment trust reported $0.05 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.74). The business had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.19 billion. Ventas had a negative net margin of 3.33% and a negative return on equity of 1.63%. The firm’s quarterly revenue was up 8.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.75 earnings per share. Analysts predict that Ventas, Inc. will post 3.16 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. StockNews.com upgraded shares of Ventas from a “sell” rating to a “hold” rating in a research note on Wednesday, July 10th. Wells Fargo & Company boosted their price target on Ventas from $46.00 to $49.00 and gave the company an “equal weight” rating in a research report on Thursday, May 30th. Wedbush upped their price objective on Ventas from $54.00 to $64.00 and gave the company an “outperform” rating in a research note on Monday, August 5th. Wolfe Research upgraded Ventas to a “strong-buy” rating in a research note on Friday, August 9th. Finally, Scotiabank upped their price target on Ventas from $55.00 to $59.00 and gave the stock a “sector perform” rating in a research note on Wednesday, August 7th. Five equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $54.31.

Insider Buying and Selling

In related news, CEO Debra A. Cafaro sold 40,079 shares of Ventas stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $57.29, for a total transaction of $2,296,125.91. Following the completion of the transaction, the chief executive officer now directly owns 986,717 shares of the company’s stock, valued at $56,529,016.93. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other Ventas news, CEO Debra A. Cafaro sold 40,079 shares of the firm’s stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $57.29, for a total transaction of $2,296,125.91. Following the completion of the transaction, the chief executive officer now owns 986,717 shares of the company’s stock, valued at $56,529,016.93. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Peter J. Bulgarelli sold 3,784 shares of the firm’s stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $55.24, for a total value of $209,028.16. Following the transaction, the chief executive officer now directly owns 104,295 shares of the company’s stock, valued at approximately $5,761,255.80. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 63,863 shares of company stock valued at $3,682,554. 1.00% of the stock is owned by insiders.

Ventas Company Profile

Ventas Inc (NYSE: VTR) is a leading S&P 500 real estate investment trust focused on delivering strong, sustainable shareholder returns by enabling exceptional environments that benefit a large and growing aging population. The Company's growth is fueled by its senior housing communities, which provide valuable services to residents and enable them to thrive in supported environments.