Duff Phelps Investment Management Co Lowers stake in Ventas (VTR)

Ventas (VTR) : Duff Phelps Investment Management Co reduced its stake in Ventas by 6.46% during the most recent quarter end. The investment management company now holds a total of 788,838 shares of Ventas which is valued at $52,623,383 after selling 54,438 shares in Ventas , the firm said in a disclosure report filed with the SEC on Oct 14, 2016.Ventas makes up approximately 0.76% of Duff Phelps Investment Management Co’s portfolio.

Other Hedge Funds, Including , Btr Capital Management Inc reduced its stake in VTR by selling 3,704 shares or 3.63% in the most recent quarter. The Hedge Fund company now holds 98,383 shares of VTR which is valued at $6,563,130. Ventas makes up approx 1.50% of Btr Capital Management Inc’s portfolio.Gulf International Bank (uk) Ltd boosted its stake in VTR in the latest quarter, The investment management firm added 5,300 additional shares and now holds a total of 103,116 shares of Ventas which is valued at $6,879,900. Ventas makes up approx 0.11% of Gulf International Bank (uk) Ltd’s portfolio.North Star Investment Management Corp. boosted its stake in VTR in the latest quarter, The investment management firm added 2 additional shares and now holds a total of 576 shares of Ventas which is valued at $38,195. Ventas makes up approx 0.01% of North Star Investment Management Corp.’s portfolio.Bnp Paribas Arbitrage Sa reduced its stake in VTR by selling 32,430 shares or 46.42% in the most recent quarter. The Hedge Fund company now holds 37,429 shares of VTR which is valued at $2,523,837. Ventas makes up approx 0.01% of Bnp Paribas Arbitrage Sa’s portfolio.

Ventas closed down -0.01 points or -0.01% at $66.71 with 16,52,006 shares getting traded on Friday. Post opening the session at $66.45, the shares hit an intraday low of $65.8 and an intraday high of $67.32 and the price fluctuated in this range throughout the day.Shares ended Friday 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 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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