AG2R LA Mondiale Gestion D Actifs Acquires 4,603 Shares of Ventas, Inc. $VTR

Key Points

• AG2R LA Mondiale Gestion D Actifs increased its holdings in Ventas, Inc. by 22.1% during the second quarter, now owning a total of 25,420 shares valued at approximately $1.6 million.
• Analysts have a consensus price target of $75.46 for Ventas, with major firms like JPMorgan and Morgan Stanley raising their targets to between $75 and $77, reflecting confidence in the company's growth.
• Ventas declared a quarterly dividend of $0.48 per share with an annualized yield of 2.7%, although its payout ratio is significantly high at 446.51%.

AG2R LA Mondiale Gestion D Actifs boosted its holdings in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 22.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 25,420 shares of the real estate investment trust's stock after acquiring an additional 4,603 shares during the period. AG2R LA Mondiale Gestion D Actifs' holdings in Ventas were worth $1,605,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. State of New Jersey Common Pension Fund D lifted its holdings in Ventas by 0.6% during the second quarter. State of New Jersey Common Pension Fund D now owns 376,297 shares of the real estate investment trust's stock worth $23,763,000 after acquiring an additional 2,379 shares in the last quarter. Carrera Capital Advisors lifted its holdings in Ventas by 13.3% during the second quarter. Carrera Capital Advisors now owns 71,555 shares of the real estate investment trust's stock worth $4,553,000 after acquiring an additional 8,382 shares in the last quarter. Caitong International Asset Management Co. Ltd lifted its holdings in Ventas by 13,677.8% during the second quarter. Caitong International Asset Management Co. Ltd now owns 1,240 shares of the real estate investment trust's stock worth $78,000 after acquiring an additional 1,231 shares in the last quarter. Asset Management One Co. Ltd. lifted its holdings in Ventas by 5.3% during the second quarter. Asset Management One Co. Ltd. now owns 921,752 shares of the real estate investment trust's stock worth $58,209,000 after acquiring an additional 46,125 shares in the last quarter. Finally, Patten Group Inc. lifted its holdings in Ventas by 3.7% during the second quarter. Patten Group Inc. now owns 6,237 shares of the real estate investment trust's stock worth $394,000 after acquiring an additional 223 shares in the last quarter. 94.18% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on VTR shares. JPMorgan Chase & Co. lifted their price target on Ventas from $72.00 to $76.00 and gave the company an "overweight" rating in a research note on Tuesday, August 26th. Morgan Stanley lifted their price target on Ventas from $70.00 to $75.00 and gave the company an "equal weight" rating in a research note on Friday, August 15th. Argus reissued a "buy" rating and issued a $75.00 price target on shares of Ventas in a research note on Tuesday, August 26th. Cantor Fitzgerald started coverage on Ventas in a research note on Wednesday, October 1st. They issued an "overweight" rating and a $77.00 price target on the stock. Finally, UBS Group started coverage on Ventas in a research note on Friday, September 19th. They issued a "neutral" rating and a $73.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, Ventas has an average rating of "Moderate Buy" and a consensus price target of $75.46.

Ventas Price Performance

NYSE:VTR opened at $70.38 on Friday. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.68 and a current ratio of 0.68. The stock's 50-day simple moving average is $68.66 and its 200 day simple moving average is $66.58. The company has a market cap of $31.99 billion, a P/E ratio of 163.68, a P/E/G ratio of 2.38 and a beta of 0.89. Ventas, Inc. has a 52-week low of $56.68 and a 52-week high of $72.02.

Ventas (NYSE:VTR - Get Free Report) last released its earnings results on Wednesday, July 30th. The real estate investment trust reported $0.87 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.85 by $0.02. The business had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.37 billion. Ventas had a return on equity of 1.75% and a net margin of 3.61%.Ventas's quarterly revenue was up 18.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.80 earnings per share. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. As a group, sell-side analysts forecast that Ventas, Inc. will post 3.4 EPS for the current fiscal year.

Ventas Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 16th. Shareholders of record on Tuesday, September 30th were given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend was Tuesday, September 30th. Ventas's payout ratio is 446.51%.

Insiders Place Their Bets

In other Ventas news, CFO Robert F. Probst sold 29,691 shares of the business's stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $68.49, for a total transaction of $2,033,536.59. Following the transaction, the chief financial officer owned 168,364 shares of the company's stock, valued at $11,531,250.36. The trade was a 14.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Peter J. Bulgarelli sold 2,554 shares of the business's stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $70.26, for a total value of $179,444.04. Following the transaction, the chief executive officer directly owned 116,488 shares in the company, valued at approximately $8,184,446.88. This trade represents a 2.15% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 289,072 shares of company stock valued at $20,427,497 over the last 90 days. 0.80% of the stock is currently owned by insiders.

Ventas Company 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.

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