Ventas, Inc. $VTR Shares Bought by Sumitomo Mitsui DS Asset Management Company Ltd

Key Points

• Sumitomo Mitsui DS Asset Management increased its stake in Ventas, Inc. by 5.5%, acquiring an additional 7,769 shares for a total of 149,411 shares valued at approximately $9.4 million.
• Ventas recently reported an EPS of $0.87 for the quarter, exceeding analysts' expectations and revealing quarterly revenue growth of 18.3% year-over-year.
• The company has announced a quarterly dividend of $0.48 per share, translating to an annualized dividend yield of 2.8%.

Sumitomo Mitsui DS Asset Management Company Ltd boosted its holdings in Ventas, Inc. (NYSE:VTR - Free Report) by 5.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 149,411 shares of the real estate investment trust's stock after buying an additional 7,769 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd's holdings in Ventas were worth $9,435,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of VTR. Cloud Capital Management LLC acquired a new position in Ventas in the first quarter valued at $25,000. Larson Financial Group LLC boosted its stake in Ventas by 1,334.6% in the first quarter. Larson Financial Group LLC now owns 373 shares of the real estate investment trust's stock valued at $26,000 after acquiring an additional 347 shares in the last quarter. Franchise Capital Ltd acquired a new position in Ventas in the first quarter valued at $32,000. Rossby Financial LCC acquired a new position in Ventas in the first quarter valued at $34,000. Finally, Zions Bancorporation National Association UT acquired a new position in Ventas in the first quarter valued at $41,000. Hedge funds and other institutional investors own 94.18% of the company's stock.

Insider Activity

In other news, CFO Robert F. Probst sold 29,691 shares of Ventas 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 approximately $11,531,250.36. This trade represents a 14.99% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Peter J. Bulgarelli sold 406 shares of Ventas stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $70.00, for a total transaction of $28,420.00. Following the sale, the chief executive officer owned 121,082 shares of the company's stock, valued at approximately $8,475,740. The trade was a 0.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 277,194 shares of company stock worth $18,307,501. Company insiders own 1.00% of the company's stock.

Ventas Stock Performance

NYSE:VTR traded up $0.13 during mid-day trading on Monday, reaching $67.26. The stock had a trading volume of 3,017,472 shares, compared to its average volume of 2,616,510. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.68 and a current ratio of 0.68. The firm has a market capitalization of $30.57 billion, a price-to-earnings ratio of 156.42, a PEG ratio of 2.48 and a beta of 0.87. Ventas, Inc. has a twelve month low of $56.68 and a twelve month high of $71.36. The business has a 50 day simple moving average of $67.70 and a 200 day simple moving average of $66.24.

Ventas (NYSE:VTR - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The real estate investment trust reported $0.87 EPS for the quarter, beating analysts' consensus estimates of $0.85 by $0.02. The firm had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.37 billion. Ventas had a net margin of 3.61% and a return on equity of 1.75%. The firm's revenue was up 18.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.80 earnings per share. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. On average, analysts expect that Ventas, Inc. will post 3.4 earnings per share for the current fiscal year.

Ventas Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 16th. Stockholders 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 2.9%. The ex-dividend date is Tuesday, September 30th. Ventas's dividend payout ratio (DPR) is presently 446.51%.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on VTR. Morgan Stanley increased their target price on shares of Ventas from $70.00 to $75.00 and gave the stock an "equal weight" rating in a research note on Friday, August 15th. Scotiabank increased their target price on shares of Ventas from $72.00 to $74.00 and gave the stock a "sector perform" rating in a research note on Thursday, August 28th. Argus reiterated a "buy" rating and set a $75.00 target price on shares of Ventas in a research note on Tuesday, August 26th. UBS Group began coverage on shares of Ventas in a research note on Friday. They set a "neutral" rating and a $73.00 target price for the company. Finally, Raymond James Financial reiterated an "outperform" rating and set a $78.00 target price (up previously from $74.00) on shares of Ventas in a research note on Friday, August 22nd. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $75.08.

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.