Mutual of America Capital Management LLC Has $6.43 Million Stock Position in Ventas, Inc. (NYSE:VTR)

Mutual of America Capital Management LLC increased its holdings in shares of Ventas, Inc. (NYSE:VTR) by 0.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 93,457 shares of the real estate investment trust’s stock after purchasing an additional 575 shares during the period. Mutual of America Capital Management LLC’s holdings in Ventas were worth $6,426,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. DoubleLine ETF Adviser LP grew its stake in Ventas by 0.6% in the fourth quarter. DoubleLine ETF Adviser LP now owns 29,695 shares of the real estate investment trust’s stock valued at $1,749,000 after acquiring an additional 171 shares during the period. Hennion & Walsh Asset Management Inc. raised its stake in shares of Ventas by 1.6% in the first quarter. Hennion & Walsh Asset Management Inc. now owns 10,674 shares of the real estate investment trust’s stock valued at $734,000 after buying an additional 172 shares during the period. Kentucky Retirement Systems raised its stake in shares of Ventas by 0.6% in the first quarter. Kentucky Retirement Systems now owns 28,574 shares of the real estate investment trust’s stock valued at $1,965,000 after buying an additional 183 shares during the period. Naviter Wealth LLC raised its stake in shares of Ventas by 0.7% in the first quarter. Naviter Wealth LLC now owns 30,169 shares of the real estate investment trust’s stock valued at $2,074,000 after buying an additional 200 shares during the period. Finally, Global X Japan Co. Ltd. raised its stake in shares of Ventas by 24.9% in the first quarter. Global X Japan Co. Ltd. now owns 1,084 shares of the real estate investment trust’s stock valued at $75,000 after buying an additional 216 shares during the period. Institutional investors and hedge funds own 94.18% of the company’s stock.

Ventas Price Performance

NYSE VTR opened at $68.74 on Friday. The company has a market capitalization of $31.24 billion, a PE ratio of 159.86, a price-to-earnings-growth ratio of 2.47 and a beta of 0.87. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.68 and a current ratio of 0.68. The business’s fifty day moving average is $64.60 and its 200 day moving average is $65.30. Ventas, Inc. has a fifty-two week low of $56.68 and a fifty-two week high of $71.36.

Ventas (NYSE:VTR) last issued its earnings results on Wednesday, July 30th. The real estate investment trust reported $0.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.85 by $0.02. The firm had revenue of $1.42 billion for the quarter, compared to analysts’ expectations of $1.37 billion. Ventas had a return on equity of 1.75% and a net margin of 3.61%. The business’s revenue was up 18.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.80 earnings per share. Sell-side analysts predict 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 was paid on Thursday, July 17th. Shareholders of record on Monday, June 30th were given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Monday, June 30th. Ventas’s payout ratio is 446.51%.

Insider Buying and Selling at Ventas

In related news, CFO Robert F. Probst sold 168,318 shares of the business’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 completion of the sale, the chief financial officer owned 168,364 shares in the company, valued at approximately $11,004,271.04. The trade was 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 the SEC website. Also, CEO Debra A. Cafaro sold 14,753 shares of the business’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 transaction of $967,796.80. Following the completion of the transaction, the chief executive officer directly owned 1,145,695 shares of the company’s stock, valued at $75,157,592. This trade represents a 1.27% decrease in their position. The disclosure for this sale can be found here. Insiders sold 378,391 shares of company stock worth $24,809,760 over the last 90 days. Company insiders own 0.80% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on VTR. JPMorgan Chase & Co. upgraded Ventas from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $70.00 to $72.00 in a research report on Monday, June 23rd. Wall Street Zen cut Ventas from a “hold” rating to a “sell” rating in a report on Thursday, May 22nd. Royal Bank Of Canada increased their target price on Ventas from $74.00 to $75.00 and gave the company an “outperform” rating in a report on Wednesday, May 7th. Finally, Scotiabank upped their price target on Ventas from $71.00 to $72.00 and gave the company a “sector perform” rating in a research report on Monday, June 23rd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $72.90.

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.