J. Safra Sarasin Holding AG acquired a new position in shares of Ventas, Inc. (NYSE:VTR - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 29,249 shares of the real estate investment trust's stock, valued at approximately $1,847,000.
Other hedge funds also recently made changes to their positions in the company. Lindbrook Capital LLC lifted its stake in Ventas by 3.9% during the first quarter. Lindbrook Capital LLC now owns 4,440 shares of the real estate investment trust's stock worth $305,000 after purchasing an additional 165 shares during the last quarter. Hennion & Walsh Asset Management Inc. lifted its position in Ventas by 1.6% in the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 10,674 shares of the real estate investment trust's stock worth $734,000 after buying an additional 172 shares during the last quarter. Kentucky Retirement Systems lifted its position in Ventas by 0.6% in the 1st quarter. Kentucky Retirement Systems now owns 28,574 shares of the real estate investment trust's stock worth $1,965,000 after buying an additional 183 shares during the last quarter. Smartleaf Asset Management LLC lifted its position in Ventas by 7.1% in the 1st quarter. Smartleaf Asset Management LLC now owns 2,896 shares of the real estate investment trust's stock worth $199,000 after buying an additional 193 shares during the last quarter. Finally, Quarry LP lifted its holdings in shares of Ventas by 17.9% in the 1st quarter. Quarry LP now owns 1,313 shares of the real estate investment trust's stock worth $90,000 after acquiring an additional 199 shares during the last quarter. 94.18% of the stock is owned by institutional investors.
Insider Buying and Selling at Ventas
In other Ventas news, CEO Debra A. Cafaro sold 14,753 shares of the company's stock in a transaction on Monday, July 14th. The shares were sold at an average price of $65.60, for a total value of $967,796.80. Following the completion of the transaction, the chief executive officer directly owned 1,145,695 shares in the company, valued at approximately $75,157,592. This represents a 1.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Robert F. Probst sold 168,318 shares of the company's stock in a transaction on Monday, July 14th. The stock was sold at an average price of $65.36, for a total transaction of $11,001,264.48. Following the completion of the transaction, the chief financial officer owned 168,364 shares of the company's stock, valued at $11,004,271.04. This trade represents a 49.99% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 292,110 shares of company stock valued at $19,354,742 over the last 90 days. Company insiders own 0.80% of the company's stock.
Analysts Set New Price Targets
A number of equities research analysts have recently weighed in on VTR shares. Raymond James Financial restated an "outperform" rating and issued a $78.00 price objective (up from $74.00) on shares of Ventas in a report on Friday, August 22nd. JPMorgan Chase & Co. boosted their price target on shares of Ventas from $72.00 to $76.00 and gave the stock an "overweight" rating in a research note on Tuesday, August 26th. Evercore ISI boosted their target price on Ventas from $77.00 to $80.00 and gave the company an "outperform" rating in a research note on Monday, September 15th. Cantor Fitzgerald initiated coverage on Ventas in a research note on Wednesday. They issued an "overweight" rating and a $77.00 target price for the company. Finally, Argus reiterated 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, ten have assigned a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $75.23.
Get Our Latest Research Report on Ventas
Ventas Trading Up 0.3%
VTR opened at $69.77 on Friday. The business has a 50 day simple moving average of $68.22 and a two-hundred day simple moving average of $66.38. The firm has a market capitalization of $31.71 billion, a price-to-earnings ratio of 162.25, a PEG ratio of 2.57 and a beta of 0.89. The company has a debt-to-equity ratio of 1.13, a current ratio of 0.68 and a quick ratio of 0.68. Ventas, Inc. has a one year low of $56.68 and a one year high of $71.36.
Ventas (NYSE:VTR - Get Free Report) last released 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. The business had revenue of $1.42 billion during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.80 EPS. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. Analysts predict that Ventas, Inc. will post 3.4 EPS for the current year.
Ventas Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 16th. Shareholders of record on Tuesday, September 30th will be issued a $0.48 dividend. The ex-dividend date is Tuesday, September 30th. This represents a $1.92 annualized dividend and a yield of 2.8%. Ventas's dividend payout ratio is 446.51%.
Ventas Profile
(
Free Report)
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.
Further Reading
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