iA Global Asset Management Inc. Acquires 8,908 Shares of Ventas, Inc. $VTR

iA Global Asset Management Inc. lifted its holdings in shares of Ventas, Inc. (NYSE:VTR) by 54.6% in the second quarter, Holdings Channel.com reports. The fund owned 25,228 shares of the real estate investment trust’s stock after purchasing an additional 8,908 shares during the period. iA Global Asset Management Inc.’s holdings in Ventas were worth $1,593,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in Ventas by 3.7% in the first quarter. Vanguard Group Inc. now owns 68,941,561 shares of the real estate investment trust’s stock worth $4,740,422,000 after purchasing an additional 2,440,551 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in Ventas by 9.5% in the first quarter. JPMorgan Chase & Co. now owns 32,347,333 shares of the real estate investment trust’s stock worth $2,224,203,000 after purchasing an additional 2,811,241 shares in the last quarter. Resolution Capital Ltd raised its holdings in Ventas by 10.5% in the first quarter. Resolution Capital Ltd now owns 7,889,848 shares of the real estate investment trust’s stock worth $542,506,000 after purchasing an additional 751,587 shares in the last quarter. Price T Rowe Associates Inc. MD raised its holdings in Ventas by 4.6% in the first quarter. Price T Rowe Associates Inc. MD now owns 6,414,404 shares of the real estate investment trust’s stock worth $441,056,000 after purchasing an additional 281,232 shares in the last quarter. Finally, Northern Trust Corp raised its holdings in Ventas by 3.1% in the first quarter. Northern Trust Corp now owns 6,402,413 shares of the real estate investment trust’s stock worth $440,230,000 after purchasing an additional 194,860 shares in the last quarter. Institutional investors own 94.18% of the company’s stock.

Ventas Price Performance

Shares of NYSE:VTR opened at $74.11 on Tuesday. Ventas, Inc. has a 1-year low of $56.68 and a 1-year high of $74.71. The company has a debt-to-equity ratio of 1.13, a current ratio of 0.68 and a quick ratio of 0.68. The business has a fifty day moving average price of $69.15 and a 200-day moving average price of $66.81. The company has a market capitalization of $33.68 billion, a PE ratio of 142.52, a PEG ratio of 2.36 and a beta of 0.89.

Ventas (NYSE:VTR) last released its quarterly earnings data on Wednesday, October 29th. The real estate investment trust reported $0.88 EPS for the quarter, beating the consensus estimate of $0.87 by $0.01. Ventas had a return on equity of 2.10% and a net margin of 4.28%.The company had revenue of $1.49 billion for the quarter, compared to analysts’ expectations of $1.44 billion. During the same period last year, the firm posted $0.80 earnings per share. Ventas’s revenue was up 20.5% compared to the same quarter last year. Ventas has set its FY 2025 guidance at 3.450-3.480 EPS. As a group, equities analysts expect that Ventas, Inc. will post 3.4 EPS for the current fiscal year.

Ventas Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 16th. Investors of record on Tuesday, September 30th were given a dividend of $0.48 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $1.92 annualized dividend and a dividend yield of 2.6%. Ventas’s dividend payout ratio (DPR) is 369.23%.

Insider Buying and Selling at Ventas

In related news, CEO Debra A. Cafaro sold 20,644 shares of the stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $73.86, for a total transaction of $1,524,765.84. Following the sale, the chief executive officer directly owned 1,145,695 shares of the company’s stock, valued at $84,621,032.70. This trade represents a 1.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, 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 sale, the chief executive officer directly owned 116,488 shares in the company, valued at $8,184,446.88. This trade represents a 2.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 583,061 shares of company stock worth $42,509,302 over the last ninety days. 0.80% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Morgan Stanley increased their price objective on Ventas from $70.00 to $75.00 and gave the stock an “equal weight” rating in a report on Friday, August 15th. Raymond James Financial reiterated an “outperform” rating and issued a $78.00 price objective (up previously from $74.00) on shares of Ventas in a report on Friday, August 22nd. Argus reiterated a “buy” rating and issued a $75.00 price objective on shares of Ventas in a report on Tuesday, August 26th. Weiss Ratings upgraded Ventas from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 24th. Finally, UBS Group started coverage on Ventas in a report on Friday, September 19th. They set a “neutral” rating and a $73.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $76.08.

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.