GSA Capital Partners LLP Purchases Shares of 9,674 Ventas, Inc. $VTR

GSA Capital Partners LLP acquired a new position in Ventas, Inc. (NYSE:VTR) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 9,674 shares of the real estate investment trust’s stock, valued at approximately $859,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Dynamic Wealth Strategies LLC bought a new stake in Ventas in the 1st quarter worth approximately $25,000. Wiser Advisor Group LLC purchased a new stake in Ventas in the third quarter worth approximately $27,000. IFC & Insurance Marketing Inc. bought a new position in Ventas during the fourth quarter valued at approximately $30,000. Elyxium Wealth LLC bought a new position in Ventas during the fourth quarter valued at approximately $33,000. Finally, Reflection Asset Management purchased a new position in shares of Ventas during the fourth quarter worth approximately $34,000. 94.18% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Michael J. Embler purchased 2,500 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was bought at an average cost of $78.81 per share, with a total value of $197,025.00. Following the completion of the purchase, the director directly owned 19,202 shares in the company, valued at approximately $1,513,309.62. This represents a 14.97% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.53% of the stock is owned by corporate insiders.

Ventas Stock Performance

Shares of VTR stock opened at $91.24 on Wednesday. The firm has a market capitalization of $46.80 billion, a price-to-earnings ratio of 168.96, a PEG ratio of 2.11 and a beta of 0.69. The stock has a fifty day moving average of $90.86 and a 200 day moving average of $86.83. Ventas, Inc. has a 52 week low of $66.38 and a 52 week high of $101.60. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 0.86.

Ventas (NYSE:VTR) last issued its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $0.97 EPS for the quarter, topping the consensus estimate of $0.96 by $0.01. Ventas had a net margin of 4.08% and a return on equity of 1.99%. The business had revenue of $1.73 billion during the quarter, compared to analyst estimates of $1.68 billion. During the same period in the prior year, the business earned $0.87 EPS. The company’s revenue for the quarter was up 21.7% on a year-over-year basis. As a group, research analysts expect that Ventas, Inc. will post 3.89 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. UBS Group boosted their price objective on shares of Ventas from $85.00 to $93.00 and gave the stock a “neutral” rating in a report on Monday, May 4th. Jefferies Financial Group lifted their target price on shares of Ventas from $97.00 to $100.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. Scotiabank decreased their target price on shares of Ventas from $95.00 to $88.00 and set a “sector perform” rating on the stock in a research report on Thursday, June 18th. KeyCorp upped their price target on shares of Ventas from $90.00 to $95.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. Finally, JPMorgan Chase & Co. raised their price objective on Ventas from $93.00 to $94.00 and gave the company an “overweight” rating in a research note on Monday, May 11th. Fifteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, Ventas currently has a consensus rating of “Moderate Buy” and a consensus price target of $98.00.

Ventas Profile

Ventas, Inc (NYSE: VTR) is a real estate investment trust (REIT) that specializes in healthcare-related real estate. The company acquires, owns and manages a diversified portfolio of properties serving the healthcare continuum, including senior housing communities, skilled nursing facilities, medical office buildings, life science and research centers, and other properties leased to healthcare providers and operators. Ventas generates revenue through long-term leases, property management and selective development activities focused on meeting the real estate needs of the healthcare sector.

Ventas’ business model combines property ownership with active asset management and capital markets activity.