Davis Selected Advisers Sells 46,840 Shares of Ventas, Inc. $VTR

Davis Selected Advisers lessened its holdings in Ventas, Inc. (NYSE:VTR) by 18.7% during the second quarter, HoldingsChannel.com reports. The fund owned 203,350 shares of the real estate investment trust’s stock after selling 46,840 shares during the period. Davis Selected Advisers’ holdings in Ventas were worth $12,842,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. Larson Financial Group LLC boosted its stake in shares of Ventas by 1,334.6% in the 1st quarter. Larson Financial Group LLC now owns 373 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 347 shares in the last quarter. Ameritas Advisory Services LLC acquired a new position in Ventas during the 2nd quarter worth approximately $33,000. Golden State Wealth Management LLC lifted its stake in Ventas by 52.7% in the 2nd quarter. Golden State Wealth Management LLC now owns 536 shares of the real estate investment trust’s stock valued at $34,000 after purchasing an additional 185 shares during the last quarter. Zions Bancorporation National Association UT acquired a new stake in Ventas in the first quarter valued at approximately $41,000. Finally, Bank Julius Baer & Co. Ltd Zurich acquired a new stake in Ventas in the first quarter valued at approximately $41,000. Institutional investors and hedge funds own 94.18% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on VTR. Citigroup upped their price target on shares of Ventas from $80.00 to $88.00 and gave the stock a “buy” rating in a report on Tuesday. Raymond James Financial restated an “outperform” rating and set a $78.00 price objective (up previously from $74.00) on shares of Ventas in a research report on Friday, August 22nd. JPMorgan Chase & Co. upped their target price on Ventas from $72.00 to $76.00 and gave the stock an “overweight” rating in a report on Tuesday, August 26th. Weiss Ratings lowered Ventas from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, November 7th. 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 on the stock. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $77.36.

Ventas Stock Up 0.4%

Shares of NYSE:VTR opened at $77.20 on Friday. The firm has a market cap of $36.26 billion, a P/E ratio of 148.47, a P/E/G ratio of 2.36 and a beta of 0.88. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 1.13. Ventas, Inc. has a 12-month low of $56.68 and a 12-month high of $77.53. The business has a fifty day simple moving average of $70.46 and a 200 day simple moving average of $67.27.

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

Ventas Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 16th. Shareholders of record on Tuesday, September 30th were given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend was Tuesday, September 30th. Ventas’s dividend payout ratio is currently 369.23%.

Insider Buying and Selling

In other news, CEO Debra A. Cafaro sold 19,250 shares of the company’s stock in a transaction on Wednesday, November 5th. The shares were sold at an average price of $75.29, for a total value of $1,449,332.50. Following the sale, the chief executive officer directly owned 1,145,695 shares of the company’s stock, valued at approximately $86,259,376.55. This represents a 1.65% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Peter J. Bulgarelli sold 870 shares of the stock in a transaction on Wednesday, November 5th. The stock was sold at an average price of $75.28, for a total transaction of $65,493.60. Following the sale, the chief executive officer owned 111,694 shares of the company’s stock, valued at approximately $8,408,324.32. This trade represents a 0.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 619,027 shares of company stock valued at $45,212,873 in the last three months. 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.