Neuberger Berman Group Has Lowered Ventas (VTR) Stake By $990,771; 1ST Source (SRCE) Has 1.13 Sentiment

December 12, 2017 - By Darrin Black

1st Source Corporation operates as the bank holding firm for 1st Source Bank that provides commercial and consumer banking services, trust and investment management services, and insurance to individual and business clients. The company has market cap of $1.30 billion. The Company’s consumer banking services include checking and savings accounts; certificates of deposit; individual retirement accounts; on-line and mobile banking products; automated teller machine services; consumer loans, real estate loans, and lines of credit; and financial planning, financial literacy, and other consultative services. It has a 20.06 P/E ratio. The firm also offers commercial, small business, agricultural, and real estate loans for general corporate purposes, including financing for industrial and commercial properties, equipment, inventories, accounts receivables, and acquisition financing; and commercial leasing, treasury management, and retirement planning services.

Neuberger Berman Group Llc decreased Ventas Inc. (VTR) stake by 1.65% reported in 2017Q2 SEC filing. Neuberger Berman Group Llc sold 14,359 shares as Ventas Inc. (VTR)’s stock rose 8.01%. The Neuberger Berman Group Llc holds 854,462 shares with $59.37 million value, down from 868,821 last quarter. Ventas Inc. now has $22.94B valuation. The stock increased 1.04% or $0.66 during the last trading session, reaching $63.98. About 466,508 shares traded. Ventas, Inc. (NYSE:VTR) has risen 3.44% since December 12, 2016 and is uptrending. It has underperformed by 13.26% the S&P500.

1St Source Bank holds 30.39% of its portfolio in 1st Source Corporation for 7.36 million shares. Indiana Trust & Investment Management Co owns 56,905 shares or 1.34% of their US portfolio. Moreover, Reinhart Partners Inc. has 0.38% invested in the company for 78,978 shares. The Indiana-based Walter & Keenan Financial Consulting Co Mi Adv has invested 0.28% in the stock. Emerald Mutual Fund Advisers Trust, a Pennsylvania-based fund reported 100,000 shares.

The stock increased 0.38% or $0.19 during the last trading session, reaching $50.16. About 6,550 shares traded. 1st Source Corporation (SRCE) has risen 36.45% since December 12, 2016 and is uptrending. It has outperformed by 19.75% the S&P500.

Analysts await 1st Source Corporation (NASDAQ:SRCE) to report earnings on January, 18. They expect $0.67 EPS, up 15.52% or $0.09 from last year’s $0.58 per share. SRCE’s profit will be $17.38 million for 18.72 P/E if the $0.67 EPS becomes a reality. After $0.66 actual EPS reported by 1st Source Corporation for the previous quarter, Wall Street now forecasts 1.52% EPS growth.

Neuberger Berman Group Llc increased Expeditors Intl Of Wash Inc (NASDAQ:EXPD) stake by 15,891 shares to 23,442 valued at $1.32 million in 2017Q2. It also upped A stake by 756,938 shares and now owns 2.75 million shares. Aaron Rents Inc (NYSE:AAN) was raised too.

Analysts await Ventas, Inc. (NYSE:VTR) to report earnings on February, 9. They expect $1.03 earnings per share, 0.00% or $0.00 from last year’s $1.03 per share. VTR’s profit will be $369.37 million for 15.53 P/E if the $1.03 EPS becomes a reality. After $1.04 actual earnings per share reported by Ventas, Inc. for the previous quarter, Wall Street now forecasts -0.96% negative EPS growth.

Among 18 analysts covering Ventas Inc. (NYSE:VTR), 2 have Buy rating, 4 Sell and 12 Hold. Therefore 11% are positive. Ventas Inc. had 49 analyst reports since July 27, 2015 according to SRatingsIntel. Mizuho maintained Ventas, Inc. (NYSE:VTR) rating on Friday, September 4. Mizuho has “Buy” rating and $64.0 target. The stock of Ventas, Inc. (NYSE:VTR) has “Hold” rating given on Monday, October 26 by Deutsche Bank. The rating was downgraded by Bank of America on Friday, September 22 to “Hold”. UBS maintained Ventas, Inc. (NYSE:VTR) rating on Monday, October 2. UBS has “Neutral” rating and $66 target. The firm has “Market Perform” rating given on Thursday, November 10 by BMO Capital Markets. BMO Capital Markets maintained the shares of VTR in report on Thursday, April 13 with “Sell” rating. The firm has “Neutral” rating given on Monday, November 21 by Mizuho. The stock of Ventas, Inc. (NYSE:VTR) earned “Neutral” rating by Hilliard Lyons on Friday, November 11. The stock has “Hold” rating by Jefferies on Monday, July 24. The company was downgraded on Tuesday, February 16 by Stifel Nicolaus.

Investors sentiment increased to 1.11 in Q2 2017. Its up 0.11, from 1 in 2017Q1. It is positive, as 39 investors sold VTR shares while 204 reduced holdings. 60 funds opened positions while 182 raised stakes. 312.81 million shares or 0.18% more from 312.23 million shares in 2017Q1 were reported. Patten Group, Tennessee-based fund reported 12,571 shares. Lord Abbett & Company reported 0.15% stake. 38,279 are held by Teachers Retirement Of The State Of Kentucky. Atlantic Tru Limited Liability Com holds 0.01% of its portfolio in Ventas, Inc. (NYSE:VTR) for 13,070 shares. Tci Wealth Advsr holds 366 shares or 0.01% of its portfolio. Reilly Finance Advsrs Lc reported 0% of its portfolio in Ventas, Inc. (NYSE:VTR). Atria Ltd Liability has invested 0.02% in Ventas, Inc. (NYSE:VTR). 143,360 are owned by Thrivent Finance For Lutherans. Jpmorgan Chase And Company reported 0.06% in Ventas, Inc. (NYSE:VTR). 41,026 are owned by Ing Groep Nv. Westwood Gru holds 18,256 shares. Oppenheimer And Inc holds 0.03% of its portfolio in Ventas, Inc. (NYSE:VTR) for 17,930 shares. Bbva Compass Bancshares reported 0.08% of its portfolio in Ventas, Inc. (NYSE:VTR). Wespac Advisors Ltd Liability holds 3,822 shares. The North Carolina-based Holderness Invests has invested 0.16% in Ventas, Inc. (NYSE:VTR).

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