Commerzbank Aktiengesellschaft FI grew its holdings in Ventas, Inc. (NYSE:VTR – Free Report) by 4.3% in the 2nd quarter, Holdings Channel.com reports. The fund owned 4,546 shares of the real estate investment trust’s stock after buying an additional 187 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in Ventas were worth $288,000 as of its most recent SEC filing.
A number of other large investors have also modified their holdings of the business. Farther Finance Advisors LLC raised its position in shares of Ventas by 54.5% in the 1st quarter. Farther Finance Advisors LLC now owns 4,336 shares of the real estate investment trust’s stock valued at $300,000 after purchasing an additional 1,530 shares during the last quarter. Harbor Capital Advisors Inc. grew its position in Ventas by 53.9% during the 1st quarter. Harbor Capital Advisors Inc. now owns 811 shares of the real estate investment trust’s stock worth $56,000 after purchasing an additional 284 shares during the last quarter. GAMMA Investing LLC increased its stake in Ventas by 20.0% during the 1st quarter. GAMMA Investing LLC now owns 9,959 shares of the real estate investment trust’s stock valued at $685,000 after purchasing an additional 1,660 shares in the last quarter. CX Institutional purchased a new position in shares of Ventas in the first quarter worth $224,000. Finally, Tobam lifted its stake in shares of Ventas by 135.7% during the first quarter. Tobam now owns 2,895 shares of the real estate investment trust’s stock worth $199,000 after buying an additional 1,667 shares during the period. Hedge funds and other institutional investors own 94.18% of the company’s stock.
Analyst Upgrades and Downgrades
Several research firms have weighed in on VTR. Scotiabank boosted their price target on Ventas from $72.00 to $74.00 and gave the company a “sector perform” rating in a research note on Thursday, August 28th. Raymond James Financial reiterated an “outperform” rating and issued a $78.00 target price (up previously from $74.00) on shares of Ventas in a research report on Friday, August 22nd. Weiss Ratings reissued a “hold (c+)” rating on shares of Ventas in a research report on Wednesday. UBS Group started coverage on shares of Ventas in a report on Friday, September 19th. They issued a “neutral” rating and a $73.00 price objective on the stock. Finally, Cantor Fitzgerald started coverage on shares of Ventas in a research note on Wednesday, October 1st. They issued an “overweight” rating and a $77.00 price objective on the stock. 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 stock. Based on data from MarketBeat.com, Ventas presently has a consensus rating of “Moderate Buy” and an average price target of $75.23.
Ventas Trading Up 0.1%
Ventas stock opened at $67.74 on Friday. The firm has a market cap of $30.79 billion, a PE ratio of 157.53, a P/E/G ratio of 2.50 and a beta of 0.89. Ventas, Inc. has a 12 month low of $56.68 and a 12 month high of $71.36. The stock’s 50 day simple moving average is $68.39 and its two-hundred day simple moving average is $66.39. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 1.13.
Ventas (NYSE:VTR – Get Free Report) last posted its earnings results on Wednesday, July 30th. The real estate investment trust reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.02. The firm had revenue of $1.42 billion during the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same period in the previous year, the business posted $0.80 EPS. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. Analysts anticipate that Ventas, Inc. will post 3.4 earnings per share for the current year.
Ventas Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 16th. Stockholders of record on Tuesday, September 30th will be given a dividend of $0.48 per share. The ex-dividend date is Tuesday, September 30th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.8%. Ventas’s dividend payout ratio (DPR) is 446.51%.
Insider Activity
In other Ventas news, CFO Robert F. Probst sold 168,318 shares of the firm’s stock in a transaction that occurred on Monday, July 14th. The stock was sold at an average price of $65.36, for a total value of $11,001,264.48. Following the sale, the chief financial officer directly owned 168,364 shares of the company’s stock, valued at approximately $11,004,271.04. This trade represents a 49.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Debra A. Cafaro sold 14,753 shares of the company’s stock in a transaction that occurred on Monday, July 14th. The stock was sold at an average price of $65.60, for a total value of $967,796.80. Following the transaction, the chief executive officer directly owned 1,145,695 shares of the company’s stock, valued at approximately $75,157,592. The trade was a 1.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 292,110 shares of company stock valued at $19,354,742. 0.80% of the stock is owned by company insiders.
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.
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