Moody National Bank Trust Division Makes New Investment in Ventas, Inc. $VTR

Key Points

• Moody National Bank Trust Division acquired a new position in Ventas, Inc. by purchasing 15,270 shares valued at approximately $964,000 in the second quarter.
• Insider selling activity was notable, with CFO Robert F. Probst and CEO Debra A. Cafaro selling significant amounts of stock, resulting in a 49.99% and 1.27% decrease in their respective ownership stakes.
• Ventas has received various upgrades from analysts, with target prices increasing to as high as $80.00, reflecting a consensus rating of "Moderate Buy" among analysts.

Moody National Bank Trust Division bought a new stake in shares of Ventas, Inc. (NYSE:VTR - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 15,270 shares of the real estate investment trust's stock, valued at approximately $964,000.

Other institutional investors have also recently modified their holdings of the company. Cloud Capital Management LLC bought a new stake in shares of Ventas during the 1st quarter valued at $25,000. Larson Financial Group LLC raised its holdings in shares of Ventas by 1,334.6% during the 1st quarter. Larson Financial Group LLC now owns 373 shares of the real estate investment trust's stock worth $26,000 after buying an additional 347 shares in the last quarter. Franchise Capital Ltd acquired a new position in shares of Ventas during the 1st quarter worth $32,000. Rossby Financial LCC acquired a new position in shares of Ventas during the 1st quarter worth $34,000. Finally, Bank Julius Baer & Co. Ltd Zurich acquired a new position in shares of Ventas during the 1st quarter worth $41,000. 94.18% of the stock is currently owned by institutional investors.

Ventas Trading Down 1.2%

Shares of Ventas stock traded down $0.84 on Friday, hitting $67.13. 7,286,705 shares of the company's stock traded hands, compared to its average volume of 2,385,423. Ventas, Inc. has a one year low of $56.68 and a one year high of $71.36. The company has a debt-to-equity ratio of 1.13, a current ratio of 0.68 and a quick ratio of 0.68. The company has a fifty day moving average of $67.66 and a two-hundred day moving average of $66.26. The company has a market capitalization of $30.51 billion, a price-to-earnings ratio of 156.12, a price-to-earnings-growth ratio of 2.48 and a beta of 0.87.

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

Ventas Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 16th. Stockholders of record on Tuesday, September 30th will be paid a $0.48 dividend. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $1.92 annualized dividend and a dividend yield of 2.9%. Ventas's dividend payout ratio is 446.51%.

Insider Transactions at Ventas

In other news, CEO Peter J. Bulgarelli sold 406 shares of the stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $70.00, for a total value of $28,420.00. Following the completion of the sale, the chief executive officer directly owned 121,082 shares of the company's stock, valued at $8,475,740. This represents a 0.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Robert F. Probst sold 29,691 shares of the stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $68.49, for a total value of $2,033,536.59. Following the sale, the chief financial officer directly 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 disclosure for this sale can be found here. Insiders sold a total of 277,194 shares of company stock valued at $18,307,501 over the last ninety days. 0.80% of the stock is currently owned by insiders.

Analysts Set New Price Targets

VTR has been the subject of a number of research analyst reports. Evercore ISI boosted their price target on Ventas from $77.00 to $80.00 and gave the stock an "outperform" rating in a report on Monday, September 15th. Scotiabank boosted their price target on Ventas from $72.00 to $74.00 and gave the stock a "sector perform" rating in a report on Thursday, August 28th. Morgan Stanley upped their target price on Ventas from $70.00 to $75.00 and gave the stock an "equal weight" rating in a report on Friday, August 15th. Raymond James Financial reaffirmed an "outperform" rating and issued a $78.00 target price (up previously from $74.00) on shares of Ventas in a report on Friday, August 22nd. Finally, UBS Group assumed coverage on Ventas in a report on Friday. They issued a "neutral" rating and a $73.00 target price for the company. One equities research 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, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $75.08.

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.