Spire Wealth Management Reduces Stake in Ventas, Inc. $VTR

Spire Wealth Management decreased its position in Ventas, Inc. (NYSE:VTR) by 52.3% in the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,337 shares of the real estate investment trust’s stock after selling 1,465 shares during the period. Spire Wealth Management’s holdings in Ventas were worth $84,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of VTR. Larson Financial Group LLC boosted its holdings in shares of Ventas by 1,334.6% in the first 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 during the period. Ameritas Advisory Services LLC purchased a new stake in shares of Ventas in the second quarter valued at approximately $33,000. Bank Julius Baer & Co. Ltd Zurich purchased a new stake in shares of Ventas in the first quarter valued at approximately $41,000. Zions Bancorporation National Association UT purchased a new stake in shares of Ventas in the first quarter valued at approximately $41,000. Finally, Private Trust Co. NA boosted its holdings in shares of Ventas by 175.2% in the first quarter. Private Trust Co. NA now owns 622 shares of the real estate investment trust’s stock valued at $43,000 after purchasing an additional 396 shares during the period. Hedge funds and other institutional investors own 94.18% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on VTR shares. UBS Group started coverage on Ventas in a report on Friday, September 19th. They issued a “neutral” rating and a $73.00 price target for the company. Evercore ISI upped their target price on Ventas from $77.00 to $80.00 and gave the stock an “outperform” rating in a report on Monday, September 15th. Weiss Ratings upgraded Ventas from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 24th. JPMorgan Chase & Co. upped their target price on Ventas from $72.00 to $76.00 and gave the stock an “overweight” rating in a report on Tuesday, August 26th. Finally, Cantor Fitzgerald upped their target price on Ventas from $77.00 to $85.00 and gave the stock an “overweight” rating in a report on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Ventas currently has a consensus rating of “Moderate Buy” and an average target price of $76.08.

Ventas Stock Performance

Shares of VTR stock opened at $75.05 on Thursday. The business’s fifty day simple moving average is $69.44 and its 200-day simple moving average is $66.92. The company has a market cap of $35.25 billion, a PE ratio of 144.33, a PEG ratio of 2.36 and a beta of 0.88. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 1.13. Ventas, Inc. has a 12-month low of $56.68 and a 12-month high of $75.62.

Ventas (NYSE:VTR) last issued its quarterly earnings results on Wednesday, October 29th. The real estate investment trust reported $0.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.87 by $0.01. The business had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.44 billion. Ventas had a return on equity of 2.10% and a net margin of 4.28%.The business’s quarterly revenue was up 20.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.80 earnings per share. Ventas has set its FY 2025 guidance at 3.450-3.480 EPS. Analysts expect that Ventas, Inc. will post 3.4 earnings per share for the current fiscal year.

Ventas Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 16th. Stockholders of record on Tuesday, September 30th were given a dividend of $0.48 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.6%. Ventas’s dividend payout ratio is presently 369.23%.

Insiders Place Their Bets

In other news, CEO Peter J. Bulgarelli sold 2,554 shares of the company’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $70.26, for a total transaction of $179,444.04. Following the transaction, the chief executive officer directly owned 116,488 shares of the company’s stock, valued at approximately $8,184,446.88. This represents a 2.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Debra A. Cafaro sold 317,258 shares of the company’s stock in a transaction on Thursday, October 30th. The stock was sold at an average price of $74.24, for a total value of $23,553,233.92. Following the transaction, the chief executive officer directly owned 1,145,695 shares in the company, valued at approximately $85,056,396.80. The trade was a 21.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 583,061 shares of company stock worth $42,509,302. Insiders own 1.00% 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.