Sumitomo Mitsui DS Asset Management Company Ltd Buys 7,769 Shares of Ventas, Inc. $VTR

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 grew its holdings in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 5.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor 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 reporting period.

Other hedge funds have also recently made changes to their positions in the company. Cloud Capital Management LLC purchased a new stake in shares of Ventas during the 1st quarter valued at about $25,000. Larson Financial Group LLC raised its position in shares of Ventas by 1,334.6% during the 1st quarter. Larson Financial Group LLC now owns 373 shares of the real estate investment trust's stock valued at $26,000 after buying an additional 347 shares in the last quarter. Franchise Capital Ltd purchased a new stake in shares of Ventas during the 1st quarter valued at about $32,000. Rossby Financial LCC purchased a new stake in shares of Ventas during the 1st quarter valued at about $34,000. Finally, Bank Julius Baer & Co. Ltd Zurich purchased 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 hedge funds and other institutional investors.

Ventas Stock Performance

Shares of NYSE:VTR opened at $68.03 on Friday. The firm has a market cap of $30.92 billion, a PE ratio of 158.20, a price-to-earnings-growth ratio of 2.48 and a beta of 0.87. The firm's 50 day simple moving average is $67.61 and its 200-day simple moving average is $66.30. Ventas, Inc. has a one year low of $56.68 and a one year high of $71.36. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.68 and a current ratio of 0.68.

Ventas (NYSE:VTR - Get Free Report) last issued its earnings results on Wednesday, July 30th. The real estate investment trust reported $0.87 EPS for the quarter, topping analysts' consensus estimates of $0.85 by $0.02. The business had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.37 billion. Ventas had a net margin of 3.61% and a return on equity of 1.75%. The company's quarterly revenue was up 18.3% compared to the same quarter last year. During the same period last year, the company posted $0.80 earnings per share. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. As a group, equities analysts predict that Ventas, Inc. will post 3.4 EPS 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 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%. Ventas's dividend payout ratio (DPR) is presently 446.51%.

Insider Buying and Selling

In other news, CEO Debra A. Cafaro sold 14,753 shares of the stock in a transaction that occurred on Monday, July 14th. The shares were sold at an average price of $65.60, for a total transaction of $967,796.80. Following the transaction, the chief executive officer directly owned 1,145,695 shares in the company, valued at approximately $75,157,592. This trade represents a 1.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Robert F. Probst sold 168,318 shares of the 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 transaction, the chief financial officer owned 168,364 shares in the company, valued at approximately $11,004,271.04. This represents a 49.99% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 277,194 shares of company stock worth $18,307,501. Corporate insiders own 0.80% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. Raymond James Financial restated an "outperform" rating and set a $78.00 target price (up from $74.00) on shares of Ventas in a research report on Friday, August 22nd. Wall Street Zen lowered shares of Ventas from a "hold" rating to a "sell" rating in a research report on Thursday, May 22nd. Argus reissued a "buy" rating and issued a $75.00 price objective on shares of Ventas in a research report on Tuesday, August 26th. Morgan Stanley increased their price objective on shares of Ventas from $70.00 to $75.00 and gave the stock an "equal weight" rating in a research report on Friday, August 15th. Finally, Evercore ISI increased their price objective on shares of Ventas from $77.00 to $80.00 and gave the stock an "outperform" rating in a research report on Monday. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $75.27.

About Ventas

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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