Assenagon Asset Management S.A. Buys 282 Shares of Ventas, Inc. $VTR

Assenagon Asset Management S.A. raised its holdings in shares of Ventas, Inc. (NYSE:VTR) by 3.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,453 shares of the real estate investment trust’s stock after purchasing an additional 282 shares during the quarter. Assenagon Asset Management S.A.’s holdings in Ventas were worth $471,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of VTR. Cloud Capital Management LLC bought a new stake in Ventas during the 1st quarter valued at $25,000. Larson Financial Group LLC increased its stake in 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 valued at $26,000 after purchasing an additional 347 shares in the last quarter. Rossby Financial LCC bought a new stake in Ventas during the 1st quarter valued at $34,000. Bank Julius Baer & Co. Ltd Zurich bought a new stake in Ventas during the 1st quarter valued at $41,000. Finally, Zions Bancorporation National Association UT bought a new stake in Ventas during the 1st quarter valued at $41,000. Institutional investors own 94.18% of the company’s stock.

Insider Buying and Selling at Ventas

In other news, CEO Debra A. Cafaro sold 10,322 shares of the company’s stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $67.80, for a total transaction of $699,831.60. Following the sale, the chief executive officer directly owned 1,145,695 shares in the company, valued at $77,678,121. This represents a 0.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Peter J. Bulgarelli sold 406 shares of the company’s stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $70.00, for a total value of $28,420.00. Following the sale, the chief executive officer owned 121,082 shares in the company, valued at approximately $8,475,740. This represents a 0.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 277,194 shares of company stock valued at $18,307,501 over the last three months. 1.00% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

VTR has been the subject of a number of recent research reports. Evercore ISI boosted their price target on shares of Ventas from $77.00 to $80.00 and gave the company an “outperform” rating in a research note on Monday, September 15th. UBS Group initiated coverage on shares of Ventas in a report on Friday, September 19th. They set a “neutral” rating and a $73.00 price objective on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Ventas from $72.00 to $76.00 and gave the stock an “overweight” rating in a report on Tuesday, August 26th. Morgan Stanley lifted their price objective on shares of Ventas from $70.00 to $75.00 and gave the stock an “equal weight” rating in a report on Friday, August 15th. Finally, Argus reaffirmed a “buy” rating and set a $75.00 price objective on shares of Ventas in a report on Tuesday, August 26th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Ventas has an average rating of “Moderate Buy” and an average price target of $75.08.

Ventas Price Performance

NYSE VTR opened at $68.99 on Monday. The company has a market cap of $31.35 billion, a PE ratio of 160.43, a price-to-earnings-growth ratio of 2.54 and a beta of 0.87. Ventas, Inc. has a 52 week low of $56.68 and a 52 week high of $71.36. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 1.13. The firm’s 50-day simple moving average is $67.94 and its two-hundred day simple moving average is $66.29.

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, beating the consensus estimate of $0.85 by $0.02. The business had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.37 billion. Ventas had a net margin of 3.61% and a return on equity of 1.75%. The company’s revenue was up 18.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.80 earnings per share. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. Research analysts predict that Ventas, Inc. will post 3.4 earnings per share for the current year.

Ventas Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 16th. Shareholders of record on Tuesday, September 30th will be issued a dividend of $0.48 per share. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $1.92 annualized dividend and a yield of 2.8%. Ventas’s dividend payout ratio is 446.51%.

Ventas 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.