BTR Capital Management Inc. reduced its stake in Ventas Inc. (NYSE:VTR) by 3.6% during the third quarter, Holdings Channel reports. The fund owned 98,383 shares of the real estate investment trust’s stock after selling 3,704 shares during the period. Ventas comprises 1.6% of BTR Capital Management Inc.’s portfolio, making the stock its 28th largest position. BTR Capital Management Inc.’s holdings in Ventas were worth $6,949,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Capital Advisors Ltd. LLC increased its stake in shares of Ventas by 48.0% in the second quarter. Capital Advisors Ltd. LLC now owns 1,542 shares of the real estate investment trust’s stock valued at $112,000 after buying an additional 500 shares during the last quarter. Acadian Asset Management LLC increased its stake in shares of Ventas by 33.6% in the second quarter. Acadian Asset Management LLC now owns 1,884 shares of the real estate investment trust’s stock valued at $137,000 after buying an additional 474 shares during the last quarter. Washington Trust Bank increased its stake in shares of Ventas by 12.7% in the second quarter. Washington Trust Bank now owns 2,048 shares of the real estate investment trust’s stock valued at $149,000 after buying an additional 230 shares during the last quarter. Point72 Asia Hong Kong Ltd purchased a new stake in shares of Ventas during the second quarter valued at about $160,000. Finally, Thompson Davis & CO. Inc. increased its stake in shares of Ventas by 2,819.0% in the second quarter. Thompson Davis & CO. Inc. now owns 2,452 shares of the real estate investment trust’s stock valued at $179,000 after buying an additional 2,368 shares during the last quarter. 90.19% of the stock is owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Ventas (NYSE:VTR)

Ventas Inc. (NYSE:VTR) traded up 0.89% during trading on Tuesday, reaching $60.94. 1,255,421 shares of the company’s stock traded hands. Ventas Inc. has a 12-month low of $46.87 and a 12-month high of $76.80. The company has a 50 day moving average price of $63.99 and a 200-day moving average price of $69.11. The company has a market cap of $21.58 billion, a PE ratio of 36.91 and a beta of 0.18.

Ventas (NYSE:VTR) last announced its quarterly earnings data on Friday, October 28th. The real estate investment trust reported $1.03 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.01 by $0.02. Ventas had a net margin of 16.61% and a return on equity of 5.76%. The business had revenue of $867.12 million for the quarter, compared to analyst estimates of $842.66 million. During the same period last year, the business earned $1.09 EPS. The company’s revenue was up 4.8% on a year-over-year basis. On average, equities research analysts forecast that Ventas Inc. will post $4.12 EPS for the current fiscal year.

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Several brokerages have issued reports on VTR. Zacks Investment Research downgraded shares of Ventas from a “buy” rating to a “hold” rating in a research note on Monday, August 1st. Mizuho reaffirmed a “buy” rating and set a $84.00 price target on shares of Ventas in a research note on Monday, October 24th. BTIG Research began coverage on shares of Ventas in a research note on Thursday, August 25th. They set a “neutral” rating for the company. Argus reaffirmed a “hold” rating on shares of Ventas in a research note on Monday, August 29th. Finally, BMO Capital Markets downgraded shares of Ventas from a “market perform” rating to an “underperform” rating and decreased their price target for the company from $65.00 to $55.00 in a research note on Tuesday, November 8th. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $64.50.

Ventas Company Profile

Ventas, Inc is a healthcare real estate investment trust (REIT) with its 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. In its triple-net leased properties segment, the Company acquires and owns seniors housing and healthcare properties throughout the United States and the United Kingdom.

5 Day Chart for NYSE:VTR

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