Sarasin & Partners LLP Takes $5.47 Million Position in Ventas, Inc. (NYSE:VTR)

Sarasin & Partners LLP acquired a new position in Ventas, Inc. (NYSE:VTR - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 85,302 shares of the real estate investment trust's stock, valued at approximately $5,470,000.

Other institutional investors have also recently bought and sold shares of the company. Mizuho Securities USA LLC grew its holdings in Ventas by 48.4% during the 4th quarter. Mizuho Securities USA LLC now owns 39,760 shares of the real estate investment trust's stock worth $2,341,000 after acquiring an additional 12,969 shares during the period. EverSource Wealth Advisors LLC grew its holdings in Ventas by 726.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 5,267 shares of the real estate investment trust's stock worth $310,000 after acquiring an additional 4,630 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in Ventas by 2.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,028,015 shares of the real estate investment trust's stock worth $296,100,000 after acquiring an additional 123,937 shares during the period. JPMorgan Chase & Co. grew its holdings in Ventas by 2.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 27,557,480 shares of the real estate investment trust's stock worth $1,767,261,000 after acquiring an additional 599,600 shares during the period. Finally, abrdn plc grew its holdings in Ventas by 13.6% during the 4th quarter. abrdn plc now owns 1,092,561 shares of the real estate investment trust's stock worth $64,051,000 after acquiring an additional 131,202 shares during the period. Institutional investors and hedge funds own 94.18% of the company's stock.

Ventas Stock Up 0.2%

NYSE VTR traded up $0.13 on Thursday, reaching $63.31. The company had a trading volume of 1,143,614 shares, compared to its average volume of 2,754,436. The firm has a market capitalization of $28.57 billion, a price-to-earnings ratio of 333.23, a price-to-earnings-growth ratio of 2.59 and a beta of 0.95. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.85 and a current ratio of 0.85. Ventas, Inc. has a 1-year low of $49.06 and a 1-year high of $71.36. The company's fifty day moving average is $66.07 and its 200-day moving average is $63.93.

Ventas (NYSE:VTR - Get Free Report) last announced its earnings results on Wednesday, April 30th. The real estate investment trust reported $0.84 earnings per share for the quarter, topping analysts' consensus estimates of $0.82 by $0.02. The firm had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.32 billion. Ventas had a net margin of 1.65% and a return on equity of 0.82%. The company's revenue for the quarter was up 13.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.78 EPS. On average, research analysts forecast 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, July 17th. Investors of record on Monday, June 30th will be paid a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 3.03%. The ex-dividend date is Monday, June 30th. Ventas's payout ratio is presently 581.82%.

Insiders Place Their Bets

In other Ventas news, EVP Carey S. Roberts sold 23,500 shares of the business's stock in a transaction dated Friday, May 30th. The shares were sold at an average price of $64.23, for a total transaction of $1,509,405.00. Following the sale, the executive vice president now directly owns 116,650 shares of the company's stock, valued at $7,492,429.50. The trade was a 16.77% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Walter C. Rakowich sold 1,459 shares of the business's stock in a transaction dated Wednesday, May 14th. The stock was sold at an average price of $63.76, for a total transaction of $93,025.84. Following the sale, the director now directly owns 27,454 shares in the company, valued at $1,750,467.04. This trade represents a 5.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 165,586 shares of company stock valued at $10,997,929 in the last three months. 0.80% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of analysts have commented on VTR shares. Argus set a $75.00 target price on shares of Ventas in a report on Friday, March 7th. Wedbush raised their price objective on Ventas from $69.00 to $78.00 and gave the stock an "outperform" rating in a research note on Friday, February 14th. Wall Street Zen downgraded Ventas from a "hold" rating to a "sell" rating in a research note on Thursday, May 22nd. Wells Fargo & Company raised their price objective on Ventas from $72.00 to $77.00 and gave the stock an "overweight" rating in a research note on Monday, March 10th. Finally, Scotiabank raised their price objective on Ventas from $69.00 to $72.00 and gave the stock a "sector perform" rating in a research note on Friday, February 28th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, Ventas currently has an average rating of "Moderate Buy" and a consensus price target of $73.00.

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.