CIBC Bancorp USA Inc. Acquires Shares of 182,037 Ventas, Inc. $VTR

CIBC Bancorp USA Inc. bought a new position in Ventas, Inc. (NYSE:VTR) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 182,037 shares of the real estate investment trust’s stock, valued at approximately $12,741,000.

Several other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in Ventas by 2.5% in the 3rd quarter. Vanguard Group Inc. now owns 73,598,827 shares of the real estate investment trust’s stock worth $5,151,182,000 after acquiring an additional 1,802,515 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of Ventas by 1.3% during the third quarter. JPMorgan Chase & Co. now owns 29,701,300 shares of the real estate investment trust’s stock valued at $2,078,794,000 after acquiring an additional 387,495 shares during the last quarter. State Street Corp raised its stake in shares of Ventas by 3.3% during the third quarter. State Street Corp now owns 28,927,015 shares of the real estate investment trust’s stock valued at $2,038,176,000 after acquiring an additional 928,386 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Ventas by 2.5% during the third quarter. Dimensional Fund Advisors LP now owns 6,601,143 shares of the real estate investment trust’s stock worth $462,002,000 after purchasing an additional 160,998 shares during the period. Finally, Northern Trust Corp boosted its holdings in shares of Ventas by 1.7% during the third quarter. Northern Trust Corp now owns 6,402,941 shares of the real estate investment trust’s stock worth $448,142,000 after purchasing an additional 108,990 shares during the period. 94.18% of the stock is owned by hedge funds and other institutional investors.

Ventas Stock Down 2.1%

VTR stock opened at $85.50 on Friday. The business has a 50 day moving average of $82.36 and a 200 day moving average of $76.86. The firm has a market cap of $40.61 billion, a PE ratio of 158.33, a price-to-earnings-growth ratio of 2.16 and a beta of 0.73. Ventas, Inc. has a twelve month low of $60.15 and a twelve month high of $88.36. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 1.03.

Ventas (NYSE:VTR) last released its earnings results on Thursday, February 5th. The real estate investment trust reported $0.15 EPS for the quarter, missing the consensus estimate of $0.89 by ($0.74). Ventas had a return on equity of 2.09% and a net margin of 4.31%.The company had revenue of ($1,229.71) million during the quarter, compared to the consensus estimate of $1.53 billion. During the same period last year, the firm posted $0.81 earnings per share. The company’s revenue was up 21.7% compared to the same quarter last year. Ventas has set its FY 2026 guidance at 3.780-3.880 EPS. On average, research analysts forecast that Ventas, Inc. will post 3.4 EPS for the current fiscal year.

Ventas Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 16th. Investors of record on Tuesday, March 31st will be given a dividend of $0.52 per share. This is a positive change from Ventas’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $2.08 annualized dividend and a yield of 2.4%. Ventas’s payout ratio is currently 355.56%.

Insider Activity at Ventas

In other news, CFO Robert F. Probst sold 29,930 shares of the company’s stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $77.25, for a total value of $2,312,092.50. Following the transaction, the chief financial officer owned 138,434 shares in the company, valued at approximately $10,694,026.50. This represents a 17.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Carey S. Roberts sold 35,532 shares of the stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $85.00, for a total transaction of $3,020,220.00. Following the sale, the executive vice president owned 72,755 shares in the company, valued at approximately $6,184,175. The trade was a 32.81% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 86,106 shares of company stock valued at $6,931,397. 0.80% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on VTR. Morgan Stanley set a $90.00 price target on Ventas in a report on Friday, February 13th. Argus set a $88.00 price objective on Ventas in a report on Tuesday, February 10th. Royal Bank Of Canada lifted their price objective on Ventas from $83.00 to $91.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 10th. The Goldman Sachs Group reissued a “buy” rating and set a $100.00 target price on shares of Ventas in a research note on Monday, February 9th. Finally, Jefferies Financial Group restated a “buy” rating and set a $93.00 target price on shares of Ventas in a report on Monday, December 15th. Thirteen research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $89.00.

Ventas Company Profile

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.