Koshinski Asset Management Inc. boosted its position in Ventas, Inc. (NYSE:VTR) by 2.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,658 shares of the real estate investment trust’s stock after purchasing an additional 321 shares during the period. Koshinski Asset Management Inc.’s holdings in Ventas were worth $427,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Ellevest Inc. grew its holdings in Ventas by 85.3% during the second quarter. Ellevest Inc. now owns 691 shares of the real estate investment trust’s stock worth $25,000 after acquiring an additional 318 shares during the period. Jacobi Capital Management LLC boosted its position in shares of Ventas by 131.7% during the 2nd quarter. Jacobi Capital Management LLC now owns 1,775 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 1,009 shares in the last quarter. CWM Advisors LLC acquired a new position in shares of Ventas in the 1st quarter worth approximately $35,000. 1776 Wealth LLC bought a new stake in shares of Ventas in the 1st quarter worth approximately $36,000. Finally, Private Capital Group LLC raised its holdings in shares of Ventas by 43.2% in the 1st quarter. Private Capital Group LLC now owns 1,307 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 394 shares in the last quarter. 88.11% of the stock is owned by hedge funds and other institutional investors.
Shares of VTR opened at $38.36 on Friday. The company has a market capitalization of $14.31 billion, a PE ratio of 10.02, a PEG ratio of 4.02 and a beta of 1.07. The company has a debt-to-equity ratio of 1.32, a quick ratio of 2.86 and a current ratio of 2.86. The company’s 50 day moving average price is $36.67 and its 200 day moving average price is $40.22. Ventas, Inc. has a 52 week low of $13.35 and a 52 week high of $75.40.
Several research firms have issued reports on VTR. Citigroup lifted their price target on shares of Ventas from $25.00 to $35.00 and gave the stock a “neutral” rating in a research report on Thursday, July 2nd. Mizuho decreased their target price on Ventas from $60.00 to $31.00 and set a “neutral” rating on the stock in a report on Tuesday, April 21st. Deutsche Bank reduced their target price on Ventas from $45.00 to $41.00 and set a “hold” rating for the company in a report on Friday, July 10th. Wells Fargo & Co lifted their price target on Ventas from $29.00 to $35.00 and gave the stock an “underweight” rating in a research note on Friday, June 19th. Finally, ValuEngine upgraded Ventas from a “sell” rating to a “hold” rating in a report on Thursday, July 2nd. Five analysts have rated the stock with a sell rating, twelve have assigned a hold rating, one has given a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $44.53.
Ventas, Inc, an S&P 500 company, is a leading real estate investment trust. Its diverse portfolio of approximately 1,200 assets in the United States, Canada and the United Kingdom consists of seniors housing communities, medical office buildings, university-based research and innovation centers, inpatient rehabilitation and long-term acute care facilities, and health systems.
Recommended Story: What is the balance sheet?
Receive News & Ratings for Ventas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ventas and related companies with MarketBeat.com's FREE daily email newsletter.