Envestnet Asset Management Inc. Purchases 59,522 Shares of Ventas, Inc. $VTR

Envestnet Asset Management Inc. increased its position in shares of Ventas, Inc. (NYSE:VTR) by 19.0% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 372,054 shares of the real estate investment trust’s stock after buying an additional 59,522 shares during the quarter. Envestnet Asset Management Inc. owned 0.08% of Ventas worth $23,489,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. Wealthfront Advisers LLC grew its holdings in shares of Ventas by 36.1% during the second quarter. Wealthfront Advisers LLC now owns 69,246 shares of the real estate investment trust’s stock worth $4,373,000 after buying an additional 18,355 shares in the last quarter. AG2R LA Mondiale Gestion D Actifs grew its holdings in shares of Ventas by 22.1% during the second quarter. AG2R LA Mondiale Gestion D Actifs now owns 25,420 shares of the real estate investment trust’s stock worth $1,605,000 after buying an additional 4,603 shares in the last quarter. State of New Jersey Common Pension Fund D boosted its position in Ventas by 0.6% during the second quarter. State of New Jersey Common Pension Fund D now owns 376,297 shares of the real estate investment trust’s stock valued at $23,763,000 after purchasing an additional 2,379 shares during the last quarter. Carrera Capital Advisors boosted its position in Ventas by 13.3% during the second quarter. Carrera Capital Advisors now owns 71,555 shares of the real estate investment trust’s stock valued at $4,553,000 after purchasing an additional 8,382 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd boosted its position in Ventas by 13,677.8% during the second quarter. Caitong International Asset Management Co. Ltd now owns 1,240 shares of the real estate investment trust’s stock valued at $78,000 after purchasing an additional 1,231 shares during the last quarter. 94.18% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently commented on VTR shares. Scotiabank increased their price target on Ventas from $72.00 to $74.00 and gave the company a “sector perform” rating in a research report on Thursday, August 28th. Cantor Fitzgerald increased their price target on Ventas from $77.00 to $85.00 and gave the company an “overweight” rating in a research report on Friday, October 31st. Morgan Stanley increased their price target on Ventas from $70.00 to $75.00 and gave the company an “equal weight” rating in a research report on Friday, August 15th. JPMorgan Chase & Co. increased their price target on Ventas from $72.00 to $76.00 and gave the company an “overweight” rating in a research report on Tuesday, August 26th. Finally, Argus reissued a “buy” rating and set a $75.00 price target on shares of Ventas in a research report on Tuesday, August 26th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $76.08.

Ventas Stock Performance

VTR opened at $74.96 on Wednesday. Ventas, Inc. has a 12-month low of $56.68 and a 12-month high of $75.16. The stock has a market cap of $34.07 billion, a price-to-earnings ratio of 144.15, a PEG ratio of 2.36 and a beta of 0.89. The business has a 50 day moving average of $69.30 and a 200-day moving average of $66.86. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 1.13.

Ventas (NYSE:VTR) last released its quarterly earnings data on Wednesday, October 29th. The real estate investment trust reported $0.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.87 by $0.01. Ventas had a return on equity of 2.10% and a net margin of 4.28%.The company had revenue of $1.49 billion during the quarter, compared to analysts’ expectations of $1.44 billion. During the same period last year, the firm posted $0.80 earnings per share. The business’s revenue was up 20.5% on a year-over-year basis. Ventas has set its FY 2025 guidance at 3.450-3.480 EPS. On average, equities research analysts expect 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 was paid on Thursday, October 16th. Stockholders of record on Tuesday, September 30th were given a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend was Tuesday, September 30th. Ventas’s dividend payout ratio (DPR) is presently 369.23%.

Insider Buying and Selling

In other news, CEO Debra A. Cafaro sold 20,644 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $73.86, for a total value of $1,524,765.84. Following the completion of the sale, the chief executive officer directly owned 1,145,695 shares of the company’s stock, valued at $84,621,032.70. This trade represents a 1.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Peter J. Bulgarelli sold 2,554 shares of the firm’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $70.26, for a total value of $179,444.04. Following the completion of the sale, the chief executive officer directly owned 116,488 shares of the company’s stock, valued at approximately $8,184,446.88. The trade was a 2.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 583,061 shares of company stock valued at $42,509,302. Insiders own 0.80% 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.