Axa S.A. Has $21.05 Million Stake in Ventas, Inc. $VTR

Axa S.A. lifted its holdings in Ventas, Inc. (NYSE:VTR) by 58.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 333,388 shares of the real estate investment trust’s stock after acquiring an additional 123,395 shares during the quarter. Axa S.A. owned approximately 0.07% of Ventas worth $21,053,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of VTR. Vanguard Group Inc. boosted its stake in Ventas by 4.1% in the second quarter. Vanguard Group Inc. now owns 71,796,312 shares of the real estate investment trust’s stock worth $4,533,937,000 after purchasing an additional 2,854,751 shares in the last quarter. State Street Corp increased its stake in shares of Ventas by 5.2% in the second quarter. State Street Corp now owns 27,998,629 shares of the real estate investment trust’s stock valued at $1,781,267,000 after buying an additional 1,388,678 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Ventas by 4.9% in the second quarter. Geode Capital Management LLC now owns 12,226,283 shares of the real estate investment trust’s stock valued at $769,061,000 after buying an additional 574,663 shares during the last quarter. Resolution Capital Ltd lifted its position in Ventas by 10.5% during the 1st quarter. Resolution Capital Ltd now owns 7,889,848 shares of the real estate investment trust’s stock worth $542,506,000 after buying an additional 751,587 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD grew its holdings in Ventas by 4.6% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,414,404 shares of the real estate investment trust’s stock worth $441,056,000 after acquiring an additional 281,232 shares during the last quarter. 94.18% of the stock is currently owned by institutional investors.

Insider Transactions at Ventas

In related news, CFO Robert F. Probst sold 33,591 shares of Ventas stock in a transaction that occurred on Wednesday, November 12th. The stock was sold at an average price of $76.77, for a total value of $2,578,781.07. Following the sale, the chief financial officer owned 168,364 shares of the company’s stock, valued at approximately $12,925,304.28. This trade represents a 16.63% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Peter J. Bulgarelli sold 3,924 shares of the business’s stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $75.00, for a total value of $294,300.00. Following the completion of the sale, the chief executive officer owned 112,564 shares in the company, valued at $8,442,300. The trade was a 3.37% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 688,590 shares of company stock valued at $50,754,668 over the last three months. Company insiders own 0.80% of the company’s stock.

Wall Street Analysts Forecast Growth

VTR has been the topic of a number of research reports. Morgan Stanley upped their target price on shares of Ventas from $70.00 to $75.00 and gave the stock an “equal weight” rating in a research report on Friday, August 15th. Citigroup upped their price objective on Ventas from $80.00 to $88.00 and gave the stock a “buy” rating in a report on Tuesday, November 11th. Wells Fargo & Company increased their price objective on Ventas from $80.00 to $88.00 and gave the company an “overweight” rating in a research report on Tuesday, November 25th. Raymond James Financial restated an “outperform” rating and set a $78.00 target price (up previously from $74.00) on shares of Ventas in a research report on Friday, August 22nd. Finally, KeyCorp upped their price target on Ventas from $70.00 to $85.00 and gave the company an “overweight” rating in a research note on Thursday, December 4th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $78.40.

Ventas Trading Down 3.1%

Shares of NYSE VTR opened at $77.55 on Thursday. Ventas, Inc. has a twelve month low of $56.68 and a twelve month high of $81.89. The stock has a market cap of $36.43 billion, a price-to-earnings ratio of 149.14, a P/E/G ratio of 2.02 and a beta of 0.78. The company has a quick ratio of 0.32, a current ratio of 0.32 and a debt-to-equity ratio of 1.01. The company’s fifty day moving average is $74.68 and its 200-day moving average is $69.13.

Ventas (NYSE:VTR) last announced its earnings results on Wednesday, October 29th. The real estate investment trust reported $0.88 EPS for the quarter, topping the consensus estimate of $0.87 by $0.01. The firm had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.44 billion. Ventas had a net margin of 4.28% and a return on equity of 2.05%. The business’s quarterly revenue was up 20.5% on a year-over-year basis. During the same period last year, the company posted $0.80 EPS. Ventas has set its FY 2025 guidance at 3.450-3.480 EPS. Equities research analysts predict that Ventas, Inc. will post 3.4 EPS for the current year.

Ventas Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st will be 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 is Wednesday, December 31st. Ventas’s dividend payout ratio is currently 369.23%.

About Ventas

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.