Ventas, Inc. $VTR Shares Acquired by Harbor Capital Advisors Inc.

Harbor Capital Advisors Inc. boosted its stake in Ventas, Inc. (NYSE:VTR) by 46.9% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,191 shares of the real estate investment trust’s stock after acquiring an additional 380 shares during the quarter. Harbor Capital Advisors Inc.’s holdings in Ventas were worth $75,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Cloud Capital Management LLC bought a new position in shares of Ventas in the first quarter worth $25,000. Larson Financial Group LLC grew its holdings in shares of Ventas by 1,334.6% during the 1st quarter. Larson Financial Group LLC now owns 373 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 347 shares in the last quarter. Franchise Capital Ltd bought a new position in shares of Ventas during the 1st quarter worth approximately $32,000. Rossby Financial LCC bought a new position in Ventas in the 1st quarter valued at $34,000. Finally, Zions Bancorporation National Association UT bought a new stake in shares of Ventas during the first quarter worth $41,000. 94.18% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on VTR. Scotiabank upped their target price on Ventas from $72.00 to $74.00 and gave the stock a “sector perform” rating in a report on Thursday, August 28th. JPMorgan Chase & Co. lifted their target price on shares of Ventas from $72.00 to $76.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 26th. Morgan Stanley boosted their price target on shares of Ventas from $70.00 to $75.00 and gave the company an “equal weight” rating in a research report on Friday, August 15th. Argus reissued a “buy” rating and issued a $75.00 price target on shares of Ventas in a research note on Tuesday, August 26th. Finally, UBS Group assumed coverage on shares of Ventas in a research note on Friday. 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, nine have issued a Buy rating and three have assigned 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 price target of $75.08.

Ventas Stock Performance

Shares of VTR opened at $67.13 on Friday. The company has a market capitalization of $30.51 billion, a price-to-earnings ratio of 156.12, a PEG ratio of 2.48 and a beta of 0.87. Ventas, Inc. has a 12 month low of $56.68 and a 12 month high of $71.36. 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 stock has a 50 day moving average of $67.66 and a 200 day moving average of $66.26.

Ventas (NYSE:VTR) last released its quarterly earnings data on Wednesday, July 30th. The real estate investment trust reported $0.87 EPS for the quarter, topping the consensus estimate of $0.85 by $0.02. Ventas had a return on equity of 1.75% and a net margin of 3.61%.The firm had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.37 billion. During the same quarter in the previous year, the business earned $0.80 earnings per share. The company’s quarterly revenue was up 18.3% on a year-over-year basis. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. As a group, sell-side analysts forecast that Ventas, Inc. will post 3.4 earnings per share for the current year.

Ventas Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 16th. Investors of record on Tuesday, September 30th will be paid a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Tuesday, September 30th. Ventas’s dividend payout ratio is currently 446.51%.

Insider Activity at Ventas

In other Ventas news, CFO Robert F. Probst sold 168,318 shares of the stock in a transaction on Monday, July 14th. The shares were sold at an average price of $65.36, for a total transaction of $11,001,264.48. Following the transaction, the chief financial officer directly owned 168,364 shares in the company, valued at $11,004,271.04. This represents a 49.99% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Debra A. Cafaro sold 14,753 shares of the firm’s stock in a transaction dated Monday, July 14th. The shares were sold at an average price of $65.60, for a total transaction of $967,796.80. Following the transaction, the chief executive officer owned 1,145,695 shares of the company’s stock, valued at approximately $75,157,592. This trade represents a 1.27% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 277,194 shares of company stock worth $18,307,501. Company 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.