Steigerwald Gordon & Koch Inc. Has $13.85 Million Stock Position in Ventas, Inc. (NYSE:VTR)

Steigerwald Gordon & Koch Inc. lowered its position in Ventas, Inc. (NYSE:VTR) by 1.6% in the second quarter, Holdings Channel.com reports. The institutional investor owned 270,146 shares of the real estate investment trust’s stock after selling 4,529 shares during the period. Ventas makes up about 1.7% of Steigerwald Gordon & Koch Inc.’s portfolio, making the stock its 28th largest position. Steigerwald Gordon & Koch Inc.’s holdings in Ventas were worth $13,848,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Norges Bank acquired a new stake in shares of Ventas in the fourth quarter valued at about $231,512,000. ANTIPODES PARTNERS Ltd bought a new stake in shares of Ventas during the 2nd quarter valued at approximately $73,517,000. Centersquare Investment Management LLC raised its holdings in Ventas by 11.5% in the 1st quarter. Centersquare Investment Management LLC now owns 7,806,396 shares of the real estate investment trust’s stock valued at $345,667,000 after buying an additional 802,546 shares during the last quarter. Cbre Investment Management Listed Real Assets LLC raised its position in shares of Ventas by 65.6% during the fourth quarter. Cbre Investment Management Listed Real Assets LLC now owns 1,486,572 shares of the real estate investment trust’s stock worth $74,091,000 after acquiring an additional 588,818 shares during the last quarter. Finally, Franklin Resources Inc. boosted its position in shares of Ventas by 209.4% during the 4th quarter. Franklin Resources Inc. now owns 754,662 shares of the real estate investment trust’s stock valued at $37,612,000 after purchasing an additional 510,718 shares in the last quarter. Institutional investors and hedge funds own 94.18% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Wells Fargo & Company raised their price target on shares of Ventas from $46.00 to $49.00 and gave the company an “equal weight” rating in a research report on Thursday, May 30th. Wolfe Research upgraded Ventas to a “strong-buy” rating in a research report on Friday, August 9th. Scotiabank raised their price objective on Ventas from $55.00 to $59.00 and gave the company a “sector perform” rating in a research note on Wednesday, August 7th. StockNews.com raised Ventas from a “sell” rating to a “hold” rating in a research note on Wednesday, July 10th. Finally, Wedbush lifted their target price on shares of Ventas from $64.00 to $71.00 and gave the company an “outperform” rating in a report on Tuesday. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $56.91.

Insiders Place Their Bets

In other Ventas news, CEO Debra A. Cafaro sold 40,079 shares of the business’s stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $57.29, for a total value of $2,296,125.91. Following the sale, the chief executive officer now owns 986,717 shares in the company, valued at approximately $56,529,016.93. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other Ventas news, CEO Peter J. Bulgarelli sold 3,784 shares of the company’s stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $55.24, for a total value of $209,028.16. Following the transaction, the chief executive officer now directly owns 104,295 shares in the company, valued at approximately $5,761,255.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Debra A. Cafaro sold 40,079 shares of the stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of $57.29, for a total transaction of $2,296,125.91. Following the transaction, the chief executive officer now owns 986,717 shares in the company, valued at $56,529,016.93. The disclosure for this sale can be found here. Insiders have sold a total of 71,065 shares of company stock worth $4,136,524 in the last 90 days. 1.00% of the stock is currently owned by corporate insiders.

Ventas Price Performance

Ventas stock traded up $0.25 during mid-day trading on Tuesday, hitting $64.41. The stock had a trading volume of 74,624 shares, compared to its average volume of 2,323,408. The firm has a market capitalization of $26.61 billion, a P/E ratio of -337.72, a P/E/G ratio of 2.80 and a beta of 1.36. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 1.36. The firm’s 50 day moving average is $56.74 and its 200 day moving average is $49.73. Ventas, Inc. has a one year low of $39.33 and a one year high of $64.50.

Ventas (NYSE:VTR) last issued its earnings results on Thursday, August 1st. The real estate investment trust reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.79 by ($0.74). The firm had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.19 billion. Ventas had a negative return on equity of 1.63% and a negative net margin of 3.33%. The company’s quarterly revenue was up 8.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.75 EPS. On average, sell-side analysts forecast that Ventas, Inc. will post 3.16 earnings per share for the current fiscal year.

Ventas Profile

Ventas Inc (NYSE: VTR) is a leading S&P 500 real estate investment trust focused on delivering strong, sustainable shareholder returns by enabling exceptional environments that benefit a large and growing aging population. The Company's growth is fueled by its senior housing communities, which provide valuable services to residents and enable them to thrive in supported environments.