Public Employees Retirement System of Ohio Has $49.16 Million Holdings in Ventas, Inc. $VTR

Key Points

• The Public Employees Retirement System of Ohio reduced its holdings in Ventas, Inc. by 6.6%, owning approximately 0.17% of the company, worth $49.16 million after selling about 55,325 shares.
• Insiders, including CFO Robert F. Probst and CEO Debra A. Cafaro, have recently sold shares, with Probst's sale representing a 49.99% decrease in his position.
• Ventas reported a second-quarter earnings of $0.87 per share, exceeding analysts' expectations, and announced a quarterly dividend of $0.48 per share set to be paid on October 16th.

Public Employees Retirement System of Ohio cut its position in Ventas, Inc. (NYSE:VTR - Free Report) by 6.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 778,403 shares of the real estate investment trust's stock after selling 55,325 shares during the quarter. Public Employees Retirement System of Ohio owned approximately 0.17% of Ventas worth $49,156,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Cloud Capital Management LLC acquired a new stake in Ventas in the 1st quarter worth $25,000. Larson Financial Group LLC grew its position in Ventas by 1,334.6% in the 1st quarter. Larson Financial Group LLC now owns 373 shares of the real estate investment trust's stock worth $26,000 after purchasing an additional 347 shares during the last quarter. Franchise Capital Ltd acquired a new stake in Ventas in the 1st quarter worth $32,000. Rossby Financial LCC acquired a new stake in Ventas in the 1st quarter worth $34,000. Finally, Zions Bancorporation National Association UT acquired a new stake in shares of Ventas during the 1st quarter valued at about $41,000. 94.18% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Ventas

In other news, CFO Robert F. Probst sold 168,318 shares of Ventas 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 completion of the sale, the chief financial officer owned 168,364 shares in the company, valued at $11,004,271.04. The trade was a 49.99% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Debra A. Cafaro sold 14,753 shares of Ventas 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 of the company's stock, valued at approximately $75,157,592. This represents a 1.27% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 277,194 shares of company stock valued at $18,307,501. Insiders own 1.00% of the company's stock.

Ventas Trading Up 2.2%

Shares of NYSE VTR opened at $68.61 on Wednesday. Ventas, Inc. has a 1-year low of $56.68 and a 1-year high of $71.36. The company has a market cap of $31.18 billion, a PE ratio of 159.56, a P/E/G ratio of 2.48 and a beta of 0.87. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 1.13. The company has a 50-day moving average of $67.76 and a two-hundred day moving average of $66.26.

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, topping 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 company had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.37 billion. During the same period in the previous year, the firm posted $0.80 earnings per share. The company's revenue was up 18.3% on a year-over-year basis. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. As a group, equities analysts expect that Ventas, Inc. will post 3.4 earnings per share for the current fiscal year.

Ventas Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 16th. Shareholders 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 dividend on an annualized basis and a dividend yield of 2.8%. Ventas's payout ratio is currently 446.51%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on VTR. Morgan Stanley lifted their target price on shares of Ventas from $70.00 to $75.00 and gave the company an "equal weight" rating in a research report on Friday, August 15th. Evercore ISI lifted their target price on shares of Ventas from $77.00 to $80.00 and gave the company an "outperform" rating in a research report on Monday, September 15th. Scotiabank lifted their target price 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. Argus reissued a "buy" rating and set a $75.00 price target on shares of Ventas in a report on Tuesday, August 26th. Finally, UBS Group began coverage on shares of Ventas in a report on Friday, September 19th. They set a "neutral" rating and a $73.00 price target 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 company's stock. Based on data from MarketBeat.com, the company presently has an average 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.

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