Stock Yards Bank & Trust Co. Has $823,000 Position in Ventas, Inc. $VTR

Key Points

• Stock Yards Bank & Trust Co. increased its position in Ventas, Inc. by 74.5%, owning 13,033 shares valued at $823,000 at the end of Q2.
• Ventas has received an average rating of "Moderate Buy" from analysts, with a target price averaging $75.23.
• The company recently announced a quarterly dividend of $0.48 per share, reflecting a 2.8% dividend yield and a payout ratio of 446.51%.

Stock Yards Bank & Trust Co. lifted its holdings in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 74.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,033 shares of the real estate investment trust's stock after purchasing an additional 5,566 shares during the quarter. Stock Yards Bank & Trust Co.'s holdings in Ventas were worth $823,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of VTR. Wealth Enhancement Advisory Services LLC raised its position in Ventas by 10.1% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 24,682 shares of the real estate investment trust's stock valued at $1,454,000 after buying an additional 2,263 shares during the last quarter. NBC Securities Inc. acquired a new stake in Ventas in the 1st quarter valued at approximately $65,000. Hennion & Walsh Asset Management Inc. raised 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 valued at $734,000 after buying an additional 172 shares during the last quarter. First Affirmative Financial Network acquired a new stake in Ventas in the 1st quarter valued at approximately $208,000. Finally, Gateway Investment Advisers LLC acquired a new stake in Ventas in the 1st quarter valued at approximately $879,000. Institutional investors and hedge funds own 94.18% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on VTR shares. Weiss Ratings reissued a "hold (c+)" rating on shares of Ventas in a research report on Saturday, September 27th. UBS Group started coverage on Ventas in a research report on Friday, September 19th. They issued a "neutral" rating and a $73.00 target price on the stock. JPMorgan Chase & Co. raised their price target on Ventas from $72.00 to $76.00 and gave the company an "overweight" rating in a research note on Tuesday, August 26th. Raymond James Financial restated an "outperform" rating and issued a $78.00 price target (up from $74.00) on shares of Ventas in a research note on Friday, August 22nd. Finally, Scotiabank raised their target price on shares of Ventas from $72.00 to $74.00 and gave the company a "sector perform" rating in a research note on Thursday, August 28th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Ventas presently has an average rating of "Moderate Buy" and an average target price of $75.23.

Insider Buying and Selling

In other Ventas news, CFO Robert F. Probst sold 29,691 shares of the firm's stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $68.49, for a total transaction of $2,033,536.59. Following the completion of the sale, the chief financial officer directly owned 168,364 shares in the company, valued at $11,531,250.36. This trade represents a 14.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Peter J. Bulgarelli sold 2,554 shares of the company's stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $70.26, for a total value of $179,444.04. Following the completion of the transaction, the chief executive officer directly owned 116,488 shares in the company, valued at $8,184,446.88. The trade was a 2.15% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 292,110 shares of company stock valued at $19,354,742. Company insiders own 0.80% of the company's stock.

Ventas Stock Performance

VTR opened at $69.77 on Friday. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 1.13. Ventas, Inc. has a 12-month low of $56.68 and a 12-month high of $71.36. The business has a 50 day moving average of $68.22 and a 200-day moving average of $66.37. The stock has a market cap of $31.71 billion, a price-to-earnings ratio of 162.25, a PEG ratio of 2.57 and a beta of 0.89.

Ventas (NYSE:VTR - Get Free Report) last posted 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 return on equity of 1.75% and a net margin of 3.61%.The business had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.37 billion. During the same period in the previous year, the firm earned $0.80 EPS. The firm's revenue was up 18.3% compared to the same quarter last year. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. On average, equities research analysts expect that Ventas, Inc. will post 3.4 earnings per share for the current year.

Ventas Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 16th. Stockholders of record on Tuesday, September 30th will be paid 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 dividend payout ratio (DPR) is currently 446.51%.

Ventas Company 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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