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Harbour Trust & Investment Management Co. reduced its Ventas Inc. stake by 37.2% in Q2, and Ventas's revenue of $1.2B exceeded expectations.
Harbour Trust & Investment Management Co. reduced its Ventas Inc. (VTR) stake by 37.2% in Q2, selling 2,395 shares; other institutional investors also adjusted their positions, including Wellington Management Group LLP increasing by 405.5% and GSA Capital Partners LLP buying a new stake worth $1M.
Despite Ventas's $0.05 EPS missing consensus estimates by ($0.74), its revenue of $1.2B exceeded expectations.
Ventas's stock rose $0.45 to $59.24, with a market cap of $24.48B.
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Harbour Trust & Investment Management Co. redujo su participación en Ventas Inc. en un 37,2% en Q2, y los ingresos de Ventas de $1.2B superaron las expectativas.