Dark Forest Capital Management LP Takes Position in Ventas, Inc. (NYSE:VTR)

Dark Forest Capital Management LP acquired a new stake in Ventas, Inc. (NYSE:VTR) in the first quarter, Holdings Channel reports. The institutional investor acquired 2,019 shares of the real estate investment trust’s stock, valued at approximately $88,000.

Other institutional investors have also added to or reduced their stakes in the company. Belpointe Asset Management LLC bought a new position in Ventas in the 4th quarter worth $32,000. Ahrens Investment Partners LLC purchased a new stake in Ventas during the 1st quarter valued at about $34,000. Massmutual Trust Co. FSB ADV grew its position in Ventas by 53.8% during the 1st quarter. Massmutual Trust Co. FSB ADV now owns 806 shares of the real estate investment trust’s stock valued at $35,000 after purchasing an additional 282 shares during the last quarter. GPS Wealth Strategies Group LLC purchased a new stake in Ventas during the 1st quarter valued at about $35,000. Finally, Fairfield Bush & CO. purchased a new stake in Ventas during the 1st quarter valued at about $41,000. Hedge funds and other institutional investors own 93.48% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Bank of America downgraded shares of Ventas from a “buy” rating to a “neutral” rating and cut their price objective for the company from $54.00 to $48.00 in a research report on Friday, August 11th. Raymond James raised shares of Ventas from an “outperform” rating to a “strong-buy” rating and set a $55.00 price target on the stock in a report on Friday, June 23rd. Mizuho dropped their price target on shares of Ventas from $60.00 to $53.00 in a report on Tuesday, May 30th. JPMorgan Chase & Co. dropped their price target on shares of Ventas from $49.00 to $48.00 and set a “neutral” rating on the stock in a report on Wednesday, August 30th. Finally, Morgan Stanley raised their price target on shares of Ventas from $45.00 to $47.00 and gave the company an “equal weight” rating in a report on Thursday. Five investment analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Ventas currently has an average rating of “Moderate Buy” and a consensus target price of $52.25.

Ventas Stock Performance

VTR stock opened at $42.59 on Friday. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.20 and a quick ratio of 0.20. The business has a 50-day moving average price of $45.79 and a 200 day moving average price of $45.63. The company has a market capitalization of $17.14 billion, a P/E ratio of 224.17, a PEG ratio of 2.02 and a beta of 1.21. Ventas, Inc. has a 1-year low of $35.33 and a 1-year high of $53.15.

About Ventas

Ventas Inc, an S&P 500 company, operates at the intersection of two large and dynamic industries healthcare and real estate. Fueled by powerful demographic demand from growth in the aging population, Ventas owns or has investments in a highly diversified portfolio of approximately 1,400 properties in the United States, Canada, and the United Kingdom.