Wealth Enhancement Advisory Services LLC Sells 3,605 Shares of Ventas, Inc. $VTR

Wealth Enhancement Advisory Services LLC lessened its position in shares of Ventas, Inc. (NYSE:VTR) by 10.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 31,168 shares of the real estate investment trust’s stock after selling 3,605 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Ventas were worth $1,961,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Ethic Inc. lifted its stake in shares of Ventas by 27.9% during the first quarter. Ethic Inc. now owns 66,748 shares of the real estate investment trust’s stock valued at $4,624,000 after acquiring an additional 14,568 shares during the period. DAVENPORT & Co LLC acquired a new position in shares of Ventas during the first quarter valued at $276,000. Cbre Investment Management Listed Real Assets LLC lifted its stake in shares of Ventas by 25.7% during the first quarter. Cbre Investment Management Listed Real Assets LLC now owns 376,973 shares of the real estate investment trust’s stock valued at $25,921,000 after acquiring an additional 77,066 shares during the period. NBC Securities Inc. acquired a new position in shares of Ventas during the first quarter valued at $65,000. Finally, Nicola Wealth Management LTD. acquired a new position in shares of Ventas during the first quarter valued at $1,169,000. Institutional investors and hedge funds own 94.18% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on VTR shares. Argus reaffirmed a “buy” rating and set a $75.00 price target on shares of Ventas in a research note on Tuesday, August 26th. Scotiabank upped 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. JPMorgan Chase & Co. increased their target price on Ventas from $72.00 to $76.00 and gave the company an “overweight” rating in a research note on Tuesday, August 26th. UBS Group initiated coverage on Ventas in a research note on Friday, September 19th. They issued a “neutral” rating and a $73.00 target price on the stock. Finally, Evercore ISI increased their target price on Ventas from $77.00 to $80.00 and gave the company an “outperform” rating in a research note on Monday, September 15th. One equities research 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 stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $75.08.

Ventas Trading Up 1.2%

NYSE VTR opened at $68.99 on Monday. The firm has a market cap of $31.35 billion, a P/E ratio of 160.43, a P/E/G ratio of 2.54 and a beta of 0.87. The company has a debt-to-equity ratio of 1.13, a current ratio of 0.68 and a quick ratio of 0.68. The stock’s 50-day moving average is $67.94 and its 200-day moving average is $66.29. Ventas, Inc. has a one year low of $56.68 and a one year high of $71.36.

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

Ventas Announces Dividend

The business also recently disclosed 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 of this dividend is Tuesday, September 30th. This represents a $1.92 annualized dividend and a dividend yield of 2.8%. Ventas’s dividend payout ratio is currently 446.51%.

Insider Transactions at Ventas

In other news, CEO Debra A. Cafaro sold 10,322 shares of the stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $67.80, for a total transaction of $699,831.60. Following the completion of the sale, the chief executive officer owned 1,145,695 shares of the company’s stock, valued at $77,678,121. This represents a 0.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Robert F. Probst sold 29,691 shares of the stock in a transaction on Monday, August 4th. The stock was sold at an average price of $68.49, for a total transaction of $2,033,536.59. Following the sale, the chief financial officer directly owned 168,364 shares of the company’s stock, valued at $11,531,250.36. This represents a 14.99% decrease in their position. The disclosure for this sale can be found here. Insiders sold 277,194 shares of company stock valued at $18,307,501 over the last quarter. Corporate insiders own 1.00% of the company’s stock.

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.