Texas Permanent School Fund Corp Has $2.01 Million Holdings in Ventas, Inc. $VTR

Texas Permanent School Fund Corp cut its position in shares of Ventas, Inc. (NYSE:VTR) by 40.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,767 shares of the real estate investment trust’s stock after selling 21,234 shares during the period. Texas Permanent School Fund Corp’s holdings in Ventas were worth $2,006,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in VTR. Ameritas Advisory Services LLC bought a new position in Ventas during the second quarter valued at approximately $33,000. Golden State Wealth Management LLC raised its holdings in shares of Ventas by 52.7% during the 2nd quarter. Golden State Wealth Management LLC now owns 536 shares of the real estate investment trust’s stock valued at $34,000 after purchasing an additional 185 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in shares of Ventas in the 2nd quarter valued at $35,000. IFP Advisors Inc lifted its stake in shares of Ventas by 61.3% in the 2nd quarter. IFP Advisors Inc now owns 974 shares of the real estate investment trust’s stock valued at $62,000 after purchasing an additional 370 shares during the last quarter. Finally, CYBER HORNET ETFs LLC bought a new stake in Ventas in the second quarter worth $67,000. Institutional investors own 94.18% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on VTR shares. UBS Group assumed coverage on Ventas in a report on Friday, September 19th. They set a “neutral” rating and a $73.00 target price on the stock. Citigroup increased their price objective on Ventas from $80.00 to $88.00 and gave the company a “buy” rating in a report on Tuesday, November 11th. JPMorgan Chase & Co. boosted 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. Cantor Fitzgerald upped their target price on Ventas from $77.00 to $85.00 and gave the stock an “overweight” rating in a research report on Friday, October 31st. Finally, Scotiabank lifted their price target on shares of Ventas from $74.00 to $80.00 and gave the company a “sector perform” rating in a research report on Thursday, November 13th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $79.31.

Ventas Price Performance

Shares of NYSE:VTR opened at $79.13 on Monday. The company has a market cap of $37.17 billion, a price-to-earnings ratio of 152.18, a PEG ratio of 1.99 and a beta of 0.78. The business has a 50 day moving average price of $76.06 and a 200 day moving average price of $69.88. The company has a quick ratio of 0.32, a current ratio of 0.32 and a debt-to-equity ratio of 1.01. Ventas, Inc. has a twelve month low of $56.68 and a twelve month high of $81.89.

Ventas (NYSE:VTR) last issued its quarterly 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. Ventas had a return on equity of 2.05% and a net margin of 4.28%.The company had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.44 billion. During the same period in the previous year, the business posted $0.80 EPS. The company’s revenue for the quarter was up 20.5% on a year-over-year basis. Ventas has set its FY 2025 guidance at 3.450-3.480 EPS. Research analysts predict that Ventas, Inc. will post 3.4 earnings per share for the current year.

Ventas Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st will be issued a $0.48 dividend. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $1.92 dividend on an annualized basis and a yield of 2.4%. Ventas’s dividend payout ratio is 369.23%.

Insiders Place Their Bets

In related news, CFO Robert F. Probst sold 33,591 shares of the stock in a transaction dated Wednesday, November 12th. The shares were sold at an average price of $76.77, for a total value of $2,578,781.07. Following the completion of the sale, the chief financial officer owned 168,364 shares in the company, valued at approximately $12,925,304.28. This trade represents a 16.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Debra A. Cafaro sold 41,294 shares of Ventas stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $79.01, for a total value of $3,262,638.94. Following the sale, the chief executive officer directly owned 1,145,695 shares in the company, valued at approximately $90,521,361.95. This trade represents a 3.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 688,184 shares of company stock worth $50,726,248 in the last ninety days. Insiders own 1.00% of the company’s stock.

About Ventas

Ventas, Inc (NYSE: VTR) is a real estate investment trust (REIT) that specializes in healthcare-related real estate. The company acquires, owns and manages a diversified portfolio of properties serving the healthcare continuum, including senior housing communities, skilled nursing facilities, medical office buildings, life science and research centers, and other properties leased to healthcare providers and operators. Ventas generates revenue through long-term leases, property management and selective development activities focused on meeting the real estate needs of the healthcare sector.

Ventas’ business model combines property ownership with active asset management and capital markets activity.