Hsbc Holdings PLC Purchases 145,238 Shares of Ventas, Inc. $VTR

Hsbc Holdings PLC lifted its position in shares of Ventas, Inc. (NYSE:VTR) by 7.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,139,057 shares of the real estate investment trust’s stock after purchasing an additional 145,238 shares during the period. Hsbc Holdings PLC’s holdings in Ventas were worth $190,099,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Dynamic Wealth Strategies LLC bought a new stake in shares of Ventas in the 1st quarter valued at about $25,000. Wiser Advisor Group LLC acquired a new stake in shares of Ventas during the 3rd quarter worth approximately $27,000. Silvant Capital Management LLC acquired a new stake in Ventas in the second quarter worth $28,000. Meeder Asset Management Inc. bought a new stake in Ventas in the second quarter valued at $30,000. Finally, IFC & Insurance Marketing Inc. bought a new stake in Ventas in the 4th quarter valued at about $30,000. Institutional investors own 94.18% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Royal Bank Of Canada boosted their price objective on Ventas from $98.00 to $99.00 and gave the company an “outperform” rating in a report on Friday, August 14th. Wells Fargo & Company lifted their price target on shares of Ventas from $96.00 to $104.00 and gave the company an “overweight” rating in a research report on Tuesday, September 1st. BMO Capital Markets boosted their price target on shares of Ventas from $105.00 to $107.00 and gave the company an “outperform” rating in a research note on Tuesday, August 11th. Mizuho upped their price objective on shares of Ventas from $98.00 to $104.00 and gave the stock an “outperform” rating in a report on Wednesday, July 22nd. Finally, Jefferies Financial Group raised their price objective on shares of Ventas from $97.00 to $100.00 and gave the company a “buy” rating in a research note on Tuesday, May 12th. Fourteen investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Ventas currently has an average rating of “Moderate Buy” and an average price target of $99.00.

Ventas Price Performance

Shares of NYSE VTR opened at $90.27 on Monday. The company has a market capitalization of $46.30 billion, a PE ratio of 167.17, a PEG ratio of 3.52 and a beta of 0.70. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 0.86. The stock’s 50 day moving average price is $92.94 and its 200-day moving average price is $87.84. Ventas, Inc. has a twelve month low of $66.38 and a twelve month high of $101.60.

Ventas (NYSE:VTR) last announced its earnings results on Wednesday, July 29th. The real estate investment trust reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.96 by $0.01. Ventas had a return on equity of 1.99% and a net margin of 4.08%.The firm had revenue of $1.73 billion during the quarter, compared to analyst estimates of $1.68 billion. During the same period last year, the firm posted $0.87 EPS. The business’s revenue was up 21.7% compared to the same quarter last year. On average, equities analysts anticipate that Ventas, Inc. will post 3.89 EPS for the current year.

Ventas Company 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.