Exchange Traded Concepts LLC Acquires 30,100 Shares of Ventas, Inc. $VTR

Exchange Traded Concepts LLC raised its stake in shares of Ventas, Inc. (NYSE:VTR) by 287.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 40,578 shares of the real estate investment trust’s stock after purchasing an additional 30,100 shares during the quarter. Exchange Traded Concepts LLC’s holdings in Ventas were worth $2,840,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Norges Bank acquired a new stake in Ventas in the 2nd quarter valued at $344,740,000. Vanguard Group Inc. raised its stake in Ventas by 4.1% during 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 acquiring an additional 2,854,751 shares in the last quarter. Citigroup Inc. lifted its holdings in shares of Ventas by 451.9% during the second quarter. Citigroup Inc. now owns 2,316,344 shares of the real estate investment trust’s stock valued at $146,277,000 after acquiring an additional 1,896,627 shares during the period. State Street Corp lifted its holdings in shares of Ventas by 5.2% during 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 acquiring an additional 1,388,678 shares during the period. Finally, Invesco Ltd. boosted its stake in shares of Ventas by 36.1% in the 2nd quarter. Invesco Ltd. now owns 4,812,970 shares of the real estate investment trust’s stock valued at $303,939,000 after purchasing an additional 1,275,446 shares in the last quarter. 94.18% of the stock is owned by institutional investors and hedge funds.

Ventas Price Performance

Shares of VTR stock opened at $79.62 on Friday. The firm’s 50 day moving average price is $76.94 and its two-hundred day moving average price is $70.24. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.32 and a current ratio of 0.32. Ventas, Inc. has a 52-week low of $56.68 and a 52-week high of $81.89. The stock has a market cap of $37.40 billion, a PE ratio of 153.12, a PEG ratio of 2.01 and a beta of 0.78.

Ventas (NYSE:VTR) last issued its earnings results on Wednesday, October 29th. The real estate investment trust reported $0.88 EPS for the quarter, beating the consensus estimate of $0.87 by $0.01. Ventas had a net margin of 4.28% and a return on equity of 2.05%. The company had revenue of $1.49 billion during the quarter, compared to analysts’ expectations of $1.44 billion. During the same quarter in the previous year, the company posted $0.80 EPS. The business’s revenue for the quarter 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, analysts forecast that Ventas, Inc. will post 3.4 EPS for the current year.

Ventas Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. Cantor Fitzgerald increased their target price on shares of Ventas from $77.00 to $85.00 and gave the stock an “overweight” rating in a research report on Friday, October 31st. Citigroup upped their price objective on shares of Ventas from $80.00 to $88.00 and gave the stock a “buy” rating in a research note on Tuesday, November 11th. Evercore ISI lifted their target price on shares of Ventas from $77.00 to $80.00 and gave the company an “outperform” rating in a research note on Monday, September 15th. Weiss Ratings restated a “hold (c+)” rating on shares of Ventas in a research report on Monday. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $93.00 price target on shares of Ventas in a report on Monday, December 15th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $79.31.

Insiders Place Their Bets

In other news, CFO Robert F. Probst sold 33,591 shares of the business’s stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $76.77, for a total transaction of $2,578,781.07. Following the completion of the transaction, the chief financial officer directly owned 168,364 shares in the company, valued at approximately $12,925,304.28. The trade was a 16.63% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Debra A. Cafaro sold 317,258 shares of the company’s stock in a transaction dated Thursday, October 30th. The shares were sold at an average price of $74.24, for a total value of $23,553,233.92. Following the completion of the sale, the chief executive officer directly owned 1,145,695 shares of the company’s stock, valued at approximately $85,056,396.80. This trade represents a 21.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 688,184 shares of company stock worth $50,726,248. Insiders own 0.80% 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.