Callan Family Office LLC Takes Position in Ventas, Inc. $VTR

Key Points

• Callan Family Office LLC has acquired a new stake in Ventas, Inc., purchasing 6,426 shares valued at approximately $406,000.
• Institutional investors and hedge funds collectively own 94.18% of Ventas's stock, with major increases in holdings reported from firms like Nuveen LLC and JPMorgan Chase & Co.
• Analysts have set an average price target of $75.23 for Ventas shares, reflecting a consensus rating of "Moderate Buy."

Callan Family Office LLC acquired a new stake in Ventas, Inc. (NYSE:VTR - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 6,426 shares of the real estate investment trust's stock, valued at approximately $406,000.

A number of other institutional investors have also modified their holdings of the company. Nuveen LLC purchased a new stake in Ventas in the first quarter valued at approximately $359,113,000. JPMorgan Chase & Co. grew its holdings in Ventas by 9.5% in the first quarter. JPMorgan Chase & Co. now owns 32,347,333 shares of the real estate investment trust's stock valued at $2,224,203,000 after purchasing an additional 2,811,241 shares during the period. Vanguard Group Inc. grew its holdings in Ventas by 3.7% in the first quarter. Vanguard Group Inc. now owns 68,941,561 shares of the real estate investment trust's stock valued at $4,740,422,000 after purchasing an additional 2,440,551 shares during the period. AQR Capital Management LLC grew its holdings in Ventas by 289.6% in the first quarter. AQR Capital Management LLC now owns 1,603,300 shares of the real estate investment trust's stock valued at $110,243,000 after purchasing an additional 1,191,773 shares during the period. Finally, Goldman Sachs Group Inc. grew its holdings in Ventas by 40.7% in the first quarter. Goldman Sachs Group Inc. now owns 3,649,367 shares of the real estate investment trust's stock valued at $250,930,000 after purchasing an additional 1,056,447 shares during the period. Institutional investors and hedge funds own 94.18% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Scotiabank boosted their target price on shares of Ventas from $72.00 to $74.00 and gave the company a "sector perform" rating in a report on Thursday, August 28th. UBS Group began coverage on shares of Ventas in a research report on Friday, September 19th. They issued a "neutral" rating and a $73.00 price objective for the company. Evercore ISI increased their price objective on shares of Ventas from $77.00 to $80.00 and gave the stock an "outperform" rating in a research report on Monday, September 15th. JPMorgan Chase & Co. increased their price objective on shares of Ventas from $72.00 to $76.00 and gave the stock an "overweight" rating in a research report on Tuesday, August 26th. Finally, Argus reissued a "buy" rating and issued a $75.00 price objective on shares of Ventas in a research report on Tuesday, August 26th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $75.23.

Ventas Price Performance

Shares of VTR stock opened at $68.89 on Thursday. The company has a market capitalization of $31.31 billion, a PE ratio of 160.20, a price-to-earnings-growth ratio of 2.50 and a beta of 0.89. The firm has a fifty day simple moving average of $68.36 and a 200-day simple moving average of $66.40. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 1.13. Ventas, Inc. has a twelve month low of $56.68 and a twelve month high of $71.36.

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

Ventas Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 16th. Investors of record on Tuesday, September 30th will be issued a $0.48 dividend. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $1.92 annualized dividend and a yield of 2.8%. Ventas's dividend payout ratio is currently 446.51%.

Insider Activity at Ventas

In related news, CEO Peter J. Bulgarelli sold 2,554 shares of the company's stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $70.26, for a total value of $179,444.04. Following the sale, the chief executive officer directly owned 116,488 shares of the company's stock, valued at $8,184,446.88. This represents a 2.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Robert F. Probst sold 29,691 shares of the company's stock in a transaction on Monday, August 4th. The shares were sold at an average price of $68.49, for a total transaction of $2,033,536.59. Following the completion of the sale, the chief financial officer directly owned 168,364 shares in the company, valued at $11,531,250.36. This represents a 14.99% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 107,523 shares of company stock valued at $7,286,192 over the last ninety days. Corporate insiders own 0.80% of the company's stock.

Ventas 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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