Asset Management One Co. Ltd. grew its stake in shares of Ventas, Inc. (NYSE:VTR – Free Report) by 5.3% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 921,752 shares of the real estate investment trust’s stock after acquiring an additional 46,125 shares during the period. Asset Management One Co. Ltd. owned 0.20% of Ventas worth $58,209,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also modified their holdings of the company. Cloud Capital Management LLC purchased a new position in shares of Ventas during the 1st quarter valued at $25,000. Larson Financial Group LLC grew its holdings in shares of Ventas by 1,334.6% during the 1st quarter. Larson Financial Group LLC now owns 373 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 347 shares in the last quarter. Ameritas Advisory Services LLC purchased a new position in shares of Ventas during the 2nd quarter valued at $33,000. Rossby Financial LCC acquired a new stake in shares of Ventas in the 1st quarter valued at $34,000. Finally, Bank Julius Baer & Co. Ltd Zurich acquired a new stake in shares of Ventas in the 1st quarter valued at $41,000. 94.18% of the stock is currently owned by hedge funds and other institutional investors.
Insider Transactions at Ventas
In other news, CEO Peter J. Bulgarelli sold 2,554 shares of the business’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $70.26, for a total transaction of $179,444.04. Following the transaction, the chief executive officer owned 116,488 shares in the company, valued at approximately $8,184,446.88. The trade was a 2.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Debra A. Cafaro sold 219,515 shares of the business’s stock in a transaction dated Monday, October 20th. The stock was sold at an average price of $71.32, for a total transaction of $15,655,809.80. Following the transaction, the chief executive officer owned 1,145,695 shares in the company, valued at approximately $81,710,967.40. The trade was a 16.08% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 289,072 shares of company stock worth $20,427,497. 0.80% of the stock is currently owned by company insiders.
Ventas Stock Down 0.6%
Ventas (NYSE:VTR – Get Free Report) last released its earnings results on Wednesday, July 30th. The real estate investment trust reported $0.87 earnings per share for the quarter, topping analysts’ consensus estimates of $0.85 by $0.02. The firm had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.37 billion. Ventas had a net margin of 3.61% and a return on equity of 1.75%. The business’s revenue was up 18.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.80 EPS. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. As a group, analysts forecast that Ventas, Inc. will post 3.4 earnings per share for the current year.
Ventas Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 16th. Stockholders of record on Tuesday, September 30th were issued a dividend of $0.48 per share. The ex-dividend date was Tuesday, September 30th. This represents a $1.92 annualized dividend and a dividend yield of 2.7%. Ventas’s payout ratio is presently 446.51%.
Wall Street Analyst Weigh In
Several research firms recently issued reports on VTR. JPMorgan Chase & Co. lifted their price objective on shares of Ventas from $72.00 to $76.00 and gave the company an “overweight” rating in a research note on Tuesday, August 26th. Scotiabank lifted their price objective on shares of Ventas from $72.00 to $74.00 and gave the company a “sector perform” rating in a research note on Thursday, August 28th. UBS Group began coverage on shares of Ventas in a research note on Friday, September 19th. They issued a “neutral” rating and a $73.00 price objective for the company. Wells Fargo & Company lifted their price objective on shares of Ventas from $77.00 to $80.00 and gave the company an “overweight” rating in a research note on Tuesday. Finally, Evercore ISI lifted their price objective on shares of Ventas from $77.00 to $80.00 and gave the company an “outperform” rating in a research note on Monday, September 15th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, Ventas presently has a consensus rating of “Moderate Buy” and a consensus target price of $75.46.
Get Our Latest Report on Ventas
Ventas 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.
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