Ventas, Inc. $VTR Position Lessened by Prudential Financial Inc.

Prudential Financial Inc. lowered its position in Ventas, Inc. (NYSE:VTR) by 19.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 795,647 shares of the real estate investment trust’s stock after selling 193,524 shares during the quarter. Prudential Financial Inc. owned approximately 0.18% of Ventas worth $50,245,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of VTR. Charles Schwab Investment Management Inc. lifted its holdings in shares of Ventas by 6.3% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 5,597,778 shares of the real estate investment trust’s stock valued at $353,500,000 after buying an additional 331,477 shares during the last quarter. Stevens Capital Management LP raised its position in Ventas by 108.2% during the second quarter. Stevens Capital Management LP now owns 8,479 shares of the real estate investment trust’s stock valued at $535,000 after acquiring an additional 4,407 shares in the last quarter. Rhumbline Advisers raised its position in Ventas by 3.5% during the second quarter. Rhumbline Advisers now owns 880,542 shares of the real estate investment trust’s stock valued at $55,606,000 after acquiring an additional 29,944 shares in the last quarter. AlphaCore Capital LLC acquired a new stake in Ventas in the second quarter valued at approximately $161,000. Finally, Mufg Securities Americas Inc. grew its position in Ventas by 29.3% in the second quarter. Mufg Securities Americas Inc. now owns 10,002 shares of the real estate investment trust’s stock worth $632,000 after acquiring an additional 2,264 shares in the last quarter. 94.18% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the stock. Citigroup increased their price target on shares of Ventas from $80.00 to $88.00 and gave the stock a “buy” rating in a research note on Tuesday, November 11th. Evercore ISI upped their price objective on shares of Ventas from $77.00 to $80.00 and gave the stock an “outperform” rating in a report on Monday, September 15th. Cantor Fitzgerald increased their target price on shares of Ventas from $77.00 to $85.00 and gave the stock an “overweight” rating in a research report on Friday, October 31st. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Ventas in a research report on Wednesday, November 19th. Finally, Raymond James Financial reiterated an “outperform” rating and set a $78.00 price target (up previously from $74.00) on shares of Ventas in a research note on Friday, August 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $77.36.

Insider Activity at Ventas

In other news, CEO Peter J. Bulgarelli sold 2,229 shares of the company’s stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $80.08, for a total transaction of $178,498.32. Following the completion of the transaction, the chief executive officer directly owned 106,488 shares in the company, valued at $8,527,559.04. The trade was a 2.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Robert F. Probst sold 33,591 shares of the firm’s stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $76.77, for a total transaction of $2,578,781.07. Following the completion of the sale, the chief financial officer owned 168,364 shares in the company, valued at approximately $12,925,304.28. The trade was a 16.63% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 698,912 shares of company stock worth $51,454,499 in the last 90 days. 0.80% of the stock is owned by company insiders.

Ventas Stock Performance

NYSE:VTR opened at $78.78 on Tuesday. The firm has a market capitalization of $37.00 billion, a PE ratio of 151.50, a PEG ratio of 2.36 and a beta of 0.88. Ventas, Inc. has a 1 year low of $56.68 and a 1 year high of $80.50. 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 firm’s fifty day simple moving average is $71.90 and its 200 day simple moving average is $67.87.

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

Ventas Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 16th. Investors of record on Tuesday, September 30th were paid a dividend of $0.48 per share. The ex-dividend date was Tuesday, September 30th. This represents a $1.92 annualized dividend and a yield of 2.4%. Ventas’s dividend payout ratio is presently 369.23%.

About Ventas

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.