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

Other institutional investors have also modified their holdings of the company. Wedmont Private Capital grew its stake in Ventas by 22.0% in the second 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 in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in Ventas by 5.5% in the second quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 149,411 shares of the real estate investment trust's stock worth $9,435,000 after purchasing an additional 7,769 shares during the period. Financiere des Professionnels Fonds d investissement inc. acquired a new stake in Ventas in the 2nd quarter valued at $196,000. Harbor Capital Advisors Inc. boosted its holdings in shares of Ventas by 46.9% during the 2nd quarter. Harbor Capital Advisors Inc. now owns 1,191 shares of the real estate investment trust's stock worth $75,000 after buying an additional 380 shares during the period. Finally, Czech National Bank increased its position in Ventas by 9.9% during the 2nd quarter. Czech National Bank now owns 110,313 shares of the real estate investment trust's stock worth $6,966,000 after purchasing an additional 9,902 shares in the last quarter. 94.18% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CFO Robert F. Probst sold 168,318 shares of Ventas stock in a transaction that occurred on Monday, July 14th. The stock was sold at an average price of $65.36, for a total value of $11,001,264.48. Following the sale, the chief financial officer directly owned 168,364 shares of the company's stock, valued at $11,004,271.04. The trade was a 49.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 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 value of $967,796.80. Following the transaction, the chief executive officer directly owned 1,145,695 shares of the company's stock, valued at approximately $75,157,592. This trade represents a 1.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 277,194 shares of company stock valued at $18,307,501. 1.00% of the stock is owned by company insiders.

Ventas Stock Up 0.4%

Shares of VTR stock traded up $0.30 during trading hours on Tuesday, reaching $67.43. The company had a trading volume of 428,281 shares, compared to its average volume of 3,026,533. 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 business has a fifty day simple moving average of $67.70 and a 200-day simple moving average of $66.24. Ventas, Inc. has a 12 month low of $56.68 and a 12 month high of $71.36. The company has a market cap of $30.64 billion, a price-to-earnings ratio of 157.09, a price-to-earnings-growth ratio of 2.48 and a beta of 0.87.

Ventas (NYSE:VTR - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The real estate investment trust reported $0.87 EPS for the quarter, topping 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 the consensus estimate of $1.37 billion. During the same period last year, the business posted $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 earnings per share for the current fiscal year.

Ventas Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 16th. Investors 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 payout ratio is presently 446.51%.

Analyst Ratings Changes

VTR has been the subject of several research reports. Argus reaffirmed a "buy" rating and set a $75.00 price target on shares of Ventas in a research report on Tuesday, August 26th. Evercore ISI raised their price target on Ventas from $77.00 to $80.00 and gave the company an "outperform" rating in a research note on Monday, September 15th. JPMorgan Chase & Co. lifted their target price on Ventas from $72.00 to $76.00 and gave the stock an "overweight" rating in a report on Tuesday, August 26th. UBS Group initiated coverage on Ventas in a report on Friday. They set a "neutral" rating and a $73.00 price target for the company. Finally, Scotiabank lifted their price target on Ventas from $72.00 to $74.00 and gave the stock a "sector perform" rating in a research report on Thursday, August 28th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average 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.