AGF Management Ltd. Grows Position in Ventas, Inc. $VTR

AGF Management Ltd. grew its position in Ventas, Inc. (NYSE:VTR) by 14.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 65,010 shares of the real estate investment trust’s stock after acquiring an additional 8,191 shares during the quarter. AGF Management Ltd.’s holdings in Ventas were worth $4,105,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the business. Legacy Wealth Asset Management LLC raised its position in Ventas by 3.8% during the second quarter. Legacy Wealth Asset Management LLC now owns 4,335 shares of the real estate investment trust’s stock valued at $274,000 after purchasing an additional 158 shares during the period. Lindbrook Capital LLC lifted its holdings in shares of Ventas by 3.9% in the 1st quarter. Lindbrook Capital LLC now owns 4,440 shares of the real estate investment trust’s stock worth $305,000 after buying an additional 165 shares during the period. Golden State Wealth Management LLC lifted its stake in Ventas by 52.7% in the second quarter. Golden State Wealth Management LLC now owns 536 shares of the real estate investment trust’s stock worth $34,000 after acquiring an additional 185 shares during the period. Commerzbank Aktiengesellschaft FI boosted its stake in shares of Ventas by 4.3% during the second quarter. Commerzbank Aktiengesellschaft FI now owns 4,546 shares of the real estate investment trust’s stock valued at $288,000 after purchasing an additional 187 shares in the last quarter. Finally, Smartleaf Asset Management LLC boosted its position in Ventas by 7.1% during the 1st quarter. Smartleaf Asset Management LLC now owns 2,896 shares of the real estate investment trust’s stock valued at $199,000 after acquiring an additional 193 shares in the last quarter. 94.18% of the stock is currently owned by hedge funds and other institutional investors.

Ventas Stock Up 1.5%

Shares of NYSE VTR opened at $76.07 on Monday. Ventas, Inc. has a 12-month low of $56.68 and a 12-month high of $76.22. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 1.13. The stock has a market cap of $35.73 billion, a PE ratio of 146.28, a P/E/G ratio of 2.36 and a beta of 0.88. The company has a 50-day moving average of $69.75 and a 200 day moving average of $67.02.

Ventas (NYSE:VTR) last announced its quarterly earnings data on Wednesday, October 29th. The real estate investment trust reported $0.88 EPS for the quarter, topping 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 firm had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.44 billion. During the same quarter last year, the business posted $0.80 earnings per share. The firm’s revenue was up 20.5% compared to the same quarter last year. Ventas has set its FY 2025 guidance at 3.450-3.480 EPS. As a group, sell-side analysts predict that Ventas, Inc. will post 3.4 EPS for the current fiscal year.

Ventas Announces Dividend

The company 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. This represents a $1.92 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend was Tuesday, September 30th. Ventas’s payout ratio is presently 369.23%.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. Raymond James Financial reaffirmed an “outperform” rating and issued a $78.00 price objective (up previously from $74.00) on shares of Ventas in a research report on Friday, August 22nd. Argus restated a “buy” rating and issued a $75.00 price objective on shares of Ventas in a research note on Tuesday, August 26th. JPMorgan Chase & Co. raised their target price on shares of Ventas from $72.00 to $76.00 and gave the stock an “overweight” rating in a report on Tuesday, August 26th. Scotiabank upped their price objective on Ventas from $72.00 to $74.00 and gave the stock a “sector perform” rating in a research report on Thursday, August 28th. Finally, Evercore ISI increased their target price on shares of Ventas from $77.00 to $80.00 and gave the stock an “outperform” rating in a research note on Monday, September 15th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $76.08.

Insider Buying and Selling at Ventas

In related news, CEO Peter J. Bulgarelli sold 3,924 shares of the stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $75.00, for a total transaction of $294,300.00. Following the completion of the transaction, the chief executive officer owned 112,564 shares of the company’s stock, valued at approximately $8,442,300. This trade represents a 3.37% decrease in their position. The transaction 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 firm’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 owned 1,145,695 shares of the company’s stock, valued at approximately $85,056,396.80. This represents a 21.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 618,987 shares of company stock worth $45,209,845. Corporate 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.