6,532 Shares in Ventas, Inc. $VTR Purchased by Perigon Wealth Management LLC

Perigon Wealth Management LLC acquired a new position in Ventas, Inc. (NYSE:VTR) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 6,532 shares of the real estate investment trust’s stock, valued at approximately $580,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Dynamic Wealth Strategies LLC bought a new stake in shares of Ventas in the 1st quarter worth approximately $25,000. Wiser Advisor Group LLC purchased a new stake in shares of Ventas in the 3rd quarter worth approximately $27,000. IFC & Insurance Marketing Inc. bought a new position in Ventas during the 4th quarter valued at approximately $30,000. Elyxium Wealth LLC bought a new position in Ventas during the 4th quarter valued at approximately $33,000. Finally, Reflection Asset Management bought a new position in Ventas during the 4th quarter valued at approximately $34,000. Hedge funds and other institutional investors own 94.18% of the company’s stock.

Insiders Place Their Bets

In other news, Director Michael J. Embler bought 2,500 shares of the stock in a transaction on Wednesday, June 3rd. The shares were bought at an average price of $78.81 per share, with a total value of $197,025.00. Following the completion of the acquisition, the director owned 19,202 shares in the company, valued at $1,513,309.62. The trade was a 14.97% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.53% of the company’s stock.

Analyst Upgrades and Downgrades

VTR has been the topic of several analyst reports. Wells Fargo & Company boosted their target price on Ventas from $93.00 to $96.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. Evercore restated an “outperform” rating and set a $95.00 price target on shares of Ventas in a report on Wednesday, April 29th. Royal Bank Of Canada raised their price target on Ventas from $98.00 to $99.00 and gave the company an “outperform” rating in a report on Friday, August 14th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $100.00 price target on shares of Ventas in a research report on Tuesday, June 16th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Ventas from $93.00 to $94.00 and gave the company an “overweight” rating in a research report on Monday, May 11th. Fifteen research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, Ventas currently has a consensus rating of “Moderate Buy” and a consensus target price of $98.00.

Ventas Trading Up 0.7%

NYSE:VTR opened at $91.81 on Thursday. The company has a market cap of $47.09 billion, a PE ratio of 170.02, a price-to-earnings-growth ratio of 2.10 and a beta of 0.69. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 0.86. The company has a 50 day simple moving average of $91.00 and a two-hundred day simple moving average of $86.93. Ventas, Inc. has a 12 month low of $66.38 and a 12 month high of $101.60.

Ventas (NYSE:VTR) last released its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.96 by $0.01. The firm had revenue of $1.73 billion for the quarter, compared to analysts’ expectations of $1.68 billion. Ventas had a return on equity of 1.99% and a net margin of 4.08%.The company’s revenue was up 21.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.87 EPS. Research analysts forecast that Ventas, Inc. will post 3.89 earnings per share for the current year.

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.