Bennicas & Associates Increases Holding in Ventas (VTR); As Blackbaud (BLKB) Valuation …



July 13, 2018 – By Robert Shackelford

Ventas, Inc. (NYSE:VTR) Logo

Suntrust Banks Inc decreased its stake in Blackbaud Inc (BLKB) by 13.55% based on its latest 2018Q1 regulatory filing with the SEC. Suntrust Banks Inc sold 3,568 shares as the company’s stock declined 5.73% with the market. The institutional investor held 22,773 shares of the technology company at the end of 2018Q1, valued at $2.32 million, down from 26,341 at the end of the previous reported quarter. Suntrust Banks Inc who had been investing in Blackbaud Inc for a number of months, seems to be less bullish one the $5.37 billion market cap company. The stock increased 0.01% or $0.01 during the last trading session, reaching $113.7. About 155,362 shares traded. Blackbaud, Inc. (NASDAQ:BLKB) has risen 18.32% since July 13, 2017 and is uptrending. It has outperformed by 5.75% the S&P500. Some Historical BLKB News: 23/05/2018 – Blackbaud Presenting at Conference Tomorrow; 10/04/2018 – Blackbaud Institute’s New Report Reveals Untapped Value of New Donors; 30/04/2018 – Blackbaud Backs 2018 Rev $870M-$890M; 24/04/2018 – Generation X Poised to be the Next Big Giver in Philanthropy; 30/04/2018 – BLACKBAUD REAFFIRMS 2018 FULL YEAR FINL GUIDANCE; 30/04/2018 – BLACKBAUD 1Q ADJ EPS 66C, EST. 58C; 08/03/2018 Blackbaud Hosts Emerging Female Leader from South Africa as part of Fortune/U.S. State Department Global Women’s Mentoring Part; 01/05/2018 – Market Leading Fundraising Performance Management Provider, Reeher, Acquired by Blackbaud; 30/04/2018 – Blackbaud 1Q Adj EPS 16c; 30/04/2018 – Blackbaud 1Q EPS 37c

Bennicas & Associates Inc increased its stake in Ventas Inc. (VTR) by 93.84% based on its latest 2018Q1 regulatory filing with the SEC. Bennicas & Associates Inc bought 13,945 shares as the company’s stock rose 5.70% while stock markets declined. The institutional investor held 28,806 shares of the consumer services company at the end of 2018Q1, valued at $1.43 million, up from 14,861 at the end of the previous reported quarter. Bennicas & Associates Inc who had been investing in Ventas Inc. for a number of months, seems to be bullish on the $20.93B market cap company. The stock decreased 0.10% or $0.06 during the last trading session, reaching $58.34. About 869,661 shares traded. Ventas, Inc. (NYSE:VTR) has declined 20.26% since July 13, 2017 and is downtrending. It has underperformed by 32.83% the S&P500. Some Historical VTR News: 30/04/2018 – Cramer also sits down with the CEOs of Allergan, Ventas and First Data Corp; 30/05/2018 – MOODY’S ASSIGNS B3 CFR TO AHP HEALTH PARTNERS; OUTLOOK STABLE; 16/05/2018 – Ventas Board Reappoints James Shelton as Presiding Director to Lead Executive Sessions; 27/04/2018 – CORRECT: BKD/VENTAS PACT LIKELY REMOVES OVERHANG ON VTR: RBC; 27/04/2018 – BROOKDALE SENIOR LIVING INC – ENTERED INTO DEFINITIVE AGREEMENTS TO RESTRUCTURE COMPANY’S PORTFOLIO OF 128 COMMUNITIES LEASED FROM VENTAS; 04/04/2018 – Fitch: Ventas Rating Reflects Diverse Portfolio, Access to Multiple Capital Sources, Adequate Liquidity; 27/04/2018 – Ventas Sees 2018 Normalized FFO $3.99-$4.07/Share; 27/04/2018 – Ventas 1Q Rev $943.7M; 27/04/2018 – Ventas 1Q FFO $1.05/Shr; 26/03/2018 – VTR: BULGARELLI PRESIDENT, CEO LILLIBRIDGE HEALTHCARE SERVICES

Since May 7, 2018, it had 0 insider purchases, and 5 sales for $5.35 million activity. $211,505 worth of Ventas, Inc. (NYSE:VTR) was sold by Barnes Melody C.

Investors sentiment decreased to 1.05 in Q1 2018. Its down 0.15, from 1.2 in 2017Q4. It is negative, as 69 investors sold VTR shares while 189 reduced holdings. 73 funds opened positions while 199 raised stakes. 295.52 million shares or 3.42% less from 306.00 million shares in 2017Q4 were reported. 92,031 were reported by Texas Permanent School Fund. Meiji Yasuda Life Ins Communications holds 0.08% in Ventas, Inc. (NYSE:VTR) or 10,850 shares. 106,025 are held by Adelante Cap Mgmt Lc. Korea Investment Corp stated it has 169,195 shares. Cornercap Inv Counsel has 0.17% invested in Ventas, Inc. (NYSE:VTR) for 24,755 shares. Apg Asset Management Us reported 17.34 million shares. Vanguard Group reported 48.67 million shares. Illinois-based Brookstone Mgmt has invested 0.09% in Ventas, Inc. (NYSE:VTR). Fulton Bancshares Na holds 0.09% or 24,656 shares. Farmers Bankshares reported 500 shares stake. Franklin Resource invested 0.01% of its portfolio in Ventas, Inc. (NYSE:VTR). Nomura reported 50,766 shares. 7.86 million are held by Cap Intl Investors. Stratos Wealth Ltd reported 21,276 shares or 0.04% of all its holdings. Of Vermont reported 0% in Ventas, Inc. (NYSE:VTR).

Another recent and important Ventas, Inc. (NYSE:VTR) news was published by Seekingalpha.com which published an article titled: “Top REIT Stock Pays 5.4%, Strong FFO Growth, But Wait For A Drop” on July 09, 2018.

Among 23 analysts covering Ventas Inc. (NYSE:VTR), 2 have Buy rating, 4 Sell and 17 Hold. Therefore 9% are positive. Ventas Inc. had 68 analyst reports since July 27, 2015 according to SRatingsIntel. On Friday, February 9 the stock rating was maintained by Stifel Nicolaus with “Hold”. As per Monday, October 16, the company rating was maintained by BMO Capital Markets. The company was maintained on Monday, March 26 by BMO Capital Markets. The company was maintained on Monday, April 16 by KeyBanc Capital Markets. Argus Research initiated Ventas, Inc. (NYSE:VTR) on Wednesday, July 13 with “Hold” rating. Jefferies maintained the shares of VTR in report on Monday, July 24 with “Hold” rating. UBS maintained Ventas, Inc. (NYSE:VTR) on Friday, May 20 with “Neutral” rating. The rating was maintained by Jefferies on Friday, July 7 with “Hold”. The firm has “Sell” rating given on Thursday, January 11 by KeyBanc Capital Markets. The firm has “Sell” rating by BMO Capital Markets given on Monday, January 15.

Investors sentiment increased to 1.19 in 2018 Q1. Its up 0.13, from 1.06 in 2017Q4. It is positive, as 18 investors sold BLKB shares while 82 reduced holdings. 49 funds opened positions while 70 raised stakes. 49.99 million shares or 0.38% more from 49.80 million shares in 2017Q4 were reported. Atlanta Capital Mgmt L L C has invested 2.25% of its portfolio in Blackbaud, Inc. (NASDAQ:BLKB). Suntrust Banks Inc, Georgia-based fund reported 22,773 shares. Eulav Asset Management reported 25,000 shares stake. Dupont Mgmt has invested 0.01% in Blackbaud, Inc. (NASDAQ:BLKB). Focused Wealth has invested 0% of its portfolio in Blackbaud, Inc. (NASDAQ:BLKB). Twin Tree Management LP invested 0% in Blackbaud, Inc. (NASDAQ:BLKB). M&T Bancorporation Corporation stated it has 0% in Blackbaud, Inc. (NASDAQ:BLKB). First Advisors LP holds 25,083 shares. Rmb Mngmt Limited Liability Co holds 0.01% or 2,542 shares in its portfolio. Qs Invsts Limited reported 0% stake. State Treasurer State Of Michigan reported 17,500 shares stake. Us Financial Bank De holds 0% of its portfolio in Blackbaud, Inc. (NASDAQ:BLKB) for 6,459 shares. Teacher Retirement Sys Of Texas reported 10,645 shares stake. 10,730 were accumulated by Envestnet Asset Mngmt. Cim Inv Mangement Inc holds 5,394 shares or 0.19% of its portfolio.

More news for Blackbaud, Inc. (NASDAQ:BLKB) were recently published by: Gurufocus.com, which released: “Blackbaud Announces Date of Second Quarter 2018 Financial Results” on July 12, 2018. Globenewswire.com‘s article titled: “Investor Expectations to Drive Momentum within John Bean Technologies, Arlington Asset Investment, Vuzix, HFF …” and published on June 20, 2018 is yet another important article.

Since February 9, 2018, it had 0 insider buys, and 17 insider sales for $12.70 million activity. Gianoni Michael P sold $1.19 million worth of Blackbaud, Inc. (NASDAQ:BLKB) on Friday, February 16. CHOU TIMOTHY C K had sold 4,432 shares worth $438,768 on Thursday, February 15. ELLIS GEORGE H sold $61,038 worth of Blackbaud, Inc. (NASDAQ:BLKB) on Friday, February 23. 6,020 shares were sold by MOONEY KEVIN W, worth $628,547 on Tuesday, February 27. Another trade for 6,089 shares valued at $608,900 was sold by Olson Jon W. $49,733 worth of Blackbaud, Inc. (NASDAQ:BLKB) was sold by Nash Sarah E on Thursday, May 3.

Suntrust Banks Inc, which manages about $15.06 billion US Long portfolio, upped its stake in Conocophillips (NYSE:COP) by 45,637 shares to 243,669 shares, valued at $14.45M in 2018Q1, according to the filing. It also increased its holding in Vanguard Scottsdale Fds (VONV) by 47,375 shares in the quarter, for a total of 571,300 shares, and has risen its stake in Ford Mtr Co Del (NYSE:F).

Ventas, Inc. (NYSE:VTR) Institutional Positions Chart

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