Parcion Private Wealth LLC Sells 529 Shares of Ventas, Inc. $VTR

Parcion Private Wealth LLC lessened its position in Ventas, Inc. (NYSE:VTR) by 7.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 6,982 shares of the real estate investment trust’s stock after selling 529 shares during the period. Parcion Private Wealth LLC’s holdings in Ventas were worth $441,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Patten Group Inc. lifted its stake in shares of Ventas by 3.7% in the second quarter. Patten Group Inc. now owns 6,237 shares of the real estate investment trust’s stock worth $394,000 after buying an additional 223 shares in the last quarter. D.A. Davidson & CO. lifted its stake in shares of Ventas by 1.9% in the second quarter. D.A. Davidson & CO. now owns 34,148 shares of the real estate investment trust’s stock worth $2,156,000 after buying an additional 623 shares in the last quarter. Legacy Wealth Asset Management LLC lifted its stake in shares of Ventas by 3.8% in the second quarter. Legacy Wealth Asset Management LLC now owns 4,335 shares of the real estate investment trust’s stock worth $274,000 after buying an additional 158 shares in the last quarter. Securian Asset Management Inc. lifted its position in Ventas by 1.9% during the second quarter. Securian Asset Management Inc. now owns 23,594 shares of the real estate investment trust’s stock valued at $1,490,000 after purchasing an additional 439 shares during the period. Finally, DekaBank Deutsche Girozentrale boosted its holdings in Ventas by 1.2% in the second quarter. DekaBank Deutsche Girozentrale now owns 168,881 shares of the real estate investment trust’s stock worth $10,567,000 after purchasing an additional 1,983 shares during the last quarter. Institutional investors own 94.18% of the company’s stock.

Ventas Stock Up 0.2%

Shares of VTR stock opened at $70.40 on Thursday. Ventas, Inc. has a 12 month low of $56.68 and a 12 month high of $72.02. The stock has a market cap of $32.00 billion, a P/E ratio of 163.73, a P/E/G ratio of 2.38 and a beta of 0.89. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 1.13. The company has a 50 day simple moving average of $68.56 and a two-hundred day simple moving average of $66.47.

Ventas (NYSE:VTR) last announced its earnings results on Wednesday, July 30th. The real estate investment trust reported $0.87 EPS for the quarter, beating analysts’ consensus estimates of $0.85 by $0.02. Ventas had a net margin of 3.61% and a return on equity of 1.75%. The business had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.37 billion. During the same period in the prior year, the company earned $0.80 earnings per share. The firm’s revenue was up 18.3% on a year-over-year basis. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. On average, research analysts expect that Ventas, Inc. will post 3.4 earnings per share for the current year.

Ventas Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 16th. Shareholders of record on Tuesday, September 30th were issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend was Tuesday, September 30th. Ventas’s dividend payout ratio is currently 446.51%.

Wall Street Analysts Forecast Growth

VTR has been the subject of a number of research analyst reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Ventas in a research report on Wednesday, October 8th. Argus reaffirmed a “buy” rating and issued a $75.00 target price on shares of Ventas in a research report on Tuesday, August 26th. UBS Group initiated coverage on shares of Ventas in a research report on Friday, September 19th. They issued a “neutral” rating and a $73.00 target price for the company. Scotiabank lifted their target price on shares of Ventas from $72.00 to $74.00 and gave the stock a “sector perform” rating in a research report on Thursday, August 28th. Finally, Wells Fargo & Company lifted their target price on shares of Ventas from $77.00 to $80.00 and gave the stock an “overweight” rating in a research report on Tuesday. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Ventas presently has an average rating of “Moderate Buy” and a consensus price target of $75.46.

Insider Transactions at Ventas

In other news, CEO Peter J. Bulgarelli sold 2,554 shares of the stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $70.26, for a total value of $179,444.04. Following the completion of the sale, the chief executive officer directly owned 116,488 shares of the company’s stock, valued at $8,184,446.88. This represents a 2.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Robert F. Probst sold 29,691 shares of the stock in a transaction on Monday, August 4th. The stock was sold at an average price of $68.49, for a total transaction of $2,033,536.59. Following the completion of the sale, the chief financial officer directly owned 168,364 shares of the company’s stock, valued at approximately $11,531,250.36. This trade represents a 14.99% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 289,072 shares of company stock valued at $20,427,497 over the last three months. Corporate insiders own 0.80% of the company’s stock.

Ventas Company 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.