Ventas (VTR) : Lombard Odier Asset Management (switzerland) Sa scooped up 420,000 additional shares in Ventas during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 422,361 shares of Ventas which is valued at $31,436,329.Ventas makes up approximately 3.46% of Lombard Odier Asset Management (switzerland) Sa’s portfolio.
Other Hedge Funds, Including , Voya Financial Advisors boosted its stake in VTR in the latest quarter, The investment management firm added 15,027 additional shares and now holds a total of 20,949 shares of Ventas which is valued at $1,559,234. Ventas makes up approx 0.17% of Voya Financial Advisors’s portfolio. Visium Asset Management Lp added VTR to its portfolio by purchasing 24,030 company shares during the most recent quarter which is valued at $1,788,553. Ventas makes up approx 0.17% of Visium Asset Management Lp’s portfolio.Wfg Advisors Lp reduced its stake in VTR by selling 2,603 shares or 3.3% in the most recent quarter. The Hedge Fund company now holds 76,235 shares of VTR which is valued at $5,674,171. Ventas makes up approx 1.47% of Wfg Advisors Lp’s portfolio.Acadia Trust Na reduced its stake in VTR by selling 1,728 shares or 1.18% in the most recent quarter. The Hedge Fund company now holds 144,635 shares of VTR which is valued at $10,765,183. Ventas makes up approx 3.23% of Acadia Trust Na’s portfolio.Trust Co Of Toledo Na Oh boosted its stake in VTR in the latest quarter, The investment management firm added 387 additional shares and now holds a total of 17,824 shares of Ventas which is valued at $1,310,777. Ventas makes up approx 0.37% of Trust Co Of Toledo Na Oh’s portfolio.
Ventas closed down -0.34 points or -0.47% at $72.33 with 19,14,300 shares getting traded on Thursday. Post opening the session at $72.81, the shares hit an intraday low of $72.03 and an intraday high of $72.86 and the price fluctuated in this range throughout the day.Shares ended Thursday 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.
Investors should note that on Aug 29, 2016, Ventas announced a cash dividend of $0.7300. The company’s management has announced Sep 13, 2016 as the ex-dividend date and fixed the record date on Sep 15, 2016. The payable date has been fixed on Sep 30, 2016.
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.