Amica Retiree Medical Trust Lowers stake in Ventas (VTR)

Ventas (VTR) : Amica Retiree Medical Trust reduced its stake in Ventas by 23.22% during the most recent quarter end. The investment management company now holds a total of 2,480 shares of Ventas which is valued at $182,801 after selling 750 shares in Ventas , the firm said in a disclosure report filed with the SEC on Aug 2, 2016.Ventas makes up approximately 0.15% of Amica Retiree Medical Trust’s portfolio.

Other Hedge Funds, Including , Provise Management Group boosted its stake in VTR in the latest quarter, The investment management firm added 4,422 additional shares and now holds a total of 45,127 shares of Ventas which is valued at $3,326,311. Ventas makes up approx 0.60% of Provise Management Group’s portfolio.Kalos Management boosted its stake in VTR in the latest quarter, The investment management firm added 190 additional shares and now holds a total of 4,920 shares of Ventas which is valued at $362,653. Ventas makes up approx 0.27% of Kalos Management’s portfolio.Shell Asset Management Co reduced its stake in VTR by selling 13,522 shares or 17.01% in the most recent quarter. The Hedge Fund company now holds 65,959 shares of VTR which is valued at $4,850,625. Ventas makes up approx 0.11% of Shell Asset Management Co’s portfolio. 1st Global Advisors added VTR to its portfolio by purchasing 2,833 company shares during the most recent quarter which is valued at $209,302. Ventas makes up approx 0.03% of 1st Global Advisors’s portfolio.Chevy Chase Trust Holdings boosted its stake in VTR in the latest quarter, The investment management firm added 5,282 additional shares and now holds a total of 289,637 shares of Ventas which is valued at $21,036,335. Ventas makes up approx 0.12% of Chevy Chase Trust Holdings’s portfolio.

Ventas closed down -0.09 points or -0.12% at $72.64 with 21,30,139 shares getting traded on Monday. Post opening the session at $72.7, the shares hit an intraday low of $71.96 and an intraday high of $73.01 and the price fluctuated in this range throughout the day.Shares ended Monday 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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