Busey Bank Has $6.89 Million Stock Holdings in Ventas, Inc. $VTR

Key Points

• Busey Bank increased its holdings in Ventas, Inc. by 4.8%, owning 109,166 shares valued at approximately $6.89 million at the end of the second quarter.
• Several hedge funds have recently adjusted their stakes in Ventas, with institutional investors holding 94.18% of the company's stock.
• Ventas announced a quarterly dividend of $0.48 per share, which will be payable on October 16th, representing an annualized yield of 2.9%.

Busey Bank boosted its holdings in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 4.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 109,166 shares of the real estate investment trust's stock after purchasing an additional 5,031 shares during the period. Busey Bank's holdings in Ventas were worth $6,894,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Global X Japan Co. Ltd. raised its stake in shares of Ventas by 32.9% in the second quarter. Global X Japan Co. Ltd. now owns 1,441 shares of the real estate investment trust's stock valued at $91,000 after acquiring an additional 357 shares during the last quarter. Financiere des Professionnels Fonds d investissement inc. bought a new position in shares of Ventas in the second quarter valued at approximately $196,000. Assenagon Asset Management S.A. raised its position in Ventas by 3.9% in the 2nd quarter. Assenagon Asset Management S.A. now owns 7,453 shares of the real estate investment trust's stock worth $471,000 after purchasing an additional 282 shares during the last quarter. Moody National Bank Trust Division bought a new position in Ventas in the 2nd quarter worth approximately $964,000. Finally, Wedmont Private Capital raised its position in Ventas by 22.0% in the 2nd quarter. Wedmont Private Capital now owns 4,754 shares of the real estate investment trust's stock worth $298,000 after purchasing an additional 857 shares during the last quarter. Institutional investors own 94.18% of the company's stock.

Ventas Stock Performance

Shares of VTR stock traded up $1.77 on Tuesday, reaching $68.90. The stock had a trading volume of 1,706,103 shares, compared to its average volume of 3,033,172. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 1.13. The firm's 50-day moving average is $67.70 and its two-hundred day moving average is $66.24. The firm has a market capitalization of $31.31 billion, a price-to-earnings ratio of 159.62, a P/E/G ratio of 2.48 and a beta of 0.87. Ventas, Inc. has a 12 month low of $56.68 and a 12 month high of $71.36.

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

Ventas Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 16th. Shareholders of record on Tuesday, September 30th will be given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Tuesday, September 30th. Ventas's dividend payout ratio is presently 446.51%.

Analysts Set New Price Targets

Several research firms recently weighed in on VTR. Raymond James Financial restated an "outperform" rating and issued a $78.00 price objective (up previously from $74.00) on shares of Ventas in a research report on Friday, August 22nd. UBS Group started coverage on shares of Ventas in a report on Friday. They set a "neutral" rating and a $73.00 target price for the company. Evercore ISI boosted their price target on shares of Ventas from $77.00 to $80.00 and gave the company an "outperform" rating in a report on Monday, September 15th. Scotiabank boosted their price objective on shares of Ventas from $72.00 to $74.00 and gave the company a "sector perform" rating in a research report on Thursday, August 28th. Finally, Argus reaffirmed a "buy" rating and issued a $75.00 price objective on shares of Ventas in a research report on Tuesday, August 26th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $75.08.

Insider Buying and Selling

In other Ventas news, CFO Robert F. Probst sold 168,318 shares of the stock in a transaction that occurred on Monday, July 14th. The shares were sold at an average price of $65.36, for a total transaction of $11,001,264.48. Following the transaction, the chief financial officer owned 168,364 shares in the company, valued at $11,004,271.04. This represents a 49.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Debra A. Cafaro sold 14,753 shares of the stock in a transaction that occurred on Monday, July 14th. The stock was sold at an average price of $65.60, for a total transaction of $967,796.80. Following the sale, the chief executive officer owned 1,145,695 shares in the company, valued at $75,157,592. This represents a 1.27% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 277,194 shares of company stock worth $18,307,501. Company insiders own 1.00% of the company's stock.

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.