Janney Montgomery Scott LLC lowered its position in Ventas, Inc. (NYSE:VTR – Free Report) by 13.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 10,315 shares of the real estate investment trust’s stock after selling 1,586 shares during the period. Janney Montgomery Scott LLC’s holdings in Ventas were worth $651,000 as of its most recent SEC filing.
Several other hedge funds also recently modified their holdings of VTR. Lindbrook Capital LLC grew its position in shares of Ventas by 3.9% during the first quarter. Lindbrook Capital LLC now owns 4,440 shares of the real estate investment trust’s stock worth $305,000 after purchasing an additional 165 shares in the last quarter. Kentucky Retirement Systems raised its holdings 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 worth $1,965,000 after buying an additional 183 shares during the period. Smartleaf Asset Management LLC raised its holdings in shares of Ventas by 7.1% in the first quarter. Smartleaf Asset Management LLC now owns 2,896 shares of the real estate investment trust’s stock worth $199,000 after buying an additional 193 shares during the period. Quarry LP raised its holdings in shares of Ventas by 17.9% in the first quarter. Quarry LP now owns 1,313 shares of the real estate investment trust’s stock worth $90,000 after buying an additional 199 shares during the period. Finally, Naviter Wealth LLC grew its stake in Ventas by 0.7% in the first quarter. Naviter Wealth LLC now owns 30,169 shares of the real estate investment trust’s stock worth $2,074,000 after purchasing an additional 200 shares in the last quarter. Hedge funds and other institutional investors own 94.18% of the company’s stock.
Analyst Upgrades and Downgrades
Several research analysts recently issued reports on VTR shares. Morgan Stanley increased their price objective on Ventas from $70.00 to $75.00 and gave the stock an “equal weight” rating in a research note on Friday, August 15th. Cantor Fitzgerald began coverage on Ventas in a research report on Wednesday, October 1st. They set an “overweight” rating and a $77.00 target price on the stock. UBS Group began coverage on Ventas in a research report on Friday, September 19th. They set a “neutral” rating and a $73.00 target price on the stock. Evercore ISI increased their target price on Ventas from $77.00 to $80.00 and gave the company an “outperform” rating in a research report on Monday, September 15th. Finally, 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 report on Tuesday, August 26th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Ventas has an average rating of “Moderate Buy” and an average price target of $75.23.
Insider Buying and Selling
In other Ventas news, CEO Peter J. Bulgarelli sold 2,554 shares of Ventas stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $70.26, for a total transaction of $179,444.04. Following the completion of the transaction, the chief executive officer owned 116,488 shares in the company, valued at approximately $8,184,446.88. This trade represents a 2.15% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Debra A. Cafaro sold 10,322 shares of Ventas stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $67.80, for a total value of $699,831.60. Following the transaction, the chief executive officer owned 1,145,695 shares of the company’s stock, valued at $77,678,121. The trade was a 0.89% decrease in their position. The disclosure for this sale can be found here. Insiders sold 99,050 shares of company stock worth $6,726,778 in the last 90 days. Insiders own 0.80% of the company’s stock.
Ventas Stock Performance
Shares of VTR stock opened at $69.54 on Friday. The firm has a market capitalization of $31.60 billion, a price-to-earnings ratio of 161.72, a price-to-earnings-growth ratio of 2.54 and a beta of 0.89. 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 business has a fifty day moving average of $68.38 and a 200 day moving average of $66.40. Ventas, Inc. has a 1 year low of $56.68 and a 1 year high of $71.36.
Ventas (NYSE:VTR – Get Free Report) 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 analysts’ consensus estimates of $0.85 by $0.02. The company had revenue of $1.42 billion during 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%.The firm’s quarterly revenue was up 18.3% on a year-over-year basis. During the same quarter last year, the business posted $0.80 EPS. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. As a group, research analysts expect that Ventas, Inc. will post 3.4 earnings per share for the current year.
Ventas Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, October 16th. Investors of record on Tuesday, September 30th were paid a $0.48 dividend. The ex-dividend date was Tuesday, September 30th. This represents a $1.92 dividend on an annualized basis and a yield of 2.8%. Ventas’s dividend payout ratio (DPR) is 446.51%.
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.
Featured Articles
- Five stocks we like better than Ventas
- 2 Fintech Stocks to Buy Now and 1 to Avoid
- Salesforce’s Long-Awaited Inflection is Here: Rally On!
- How to Invest in the Best Canadian Stocks
- Rocket Lab USA Receives Wall Street Validation: Time to Buy?
- How to Short a Stock in 5 Easy Steps
- Archer Buys Rival’s Patent Treasure Trove in Strategic Move
Receive News & Ratings for Ventas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ventas and related companies with MarketBeat.com's FREE daily email newsletter.