TD Private Client Wealth LLC Boosts Stake in Ventas, Inc. $VTR

Key Points

• TD Private Client Wealth LLC increased its stake in Ventas, Inc. by 903.0% during Q2, accumulating a total of 7,362 shares valued at $465,000.
• Ventas reported $1.42 billion in quarterly revenue, exceeding estimates and showing an 18.3% increase compared to the previous year.
• The company recently declared a quarterly dividend of $0.48 per share, with a yield of 2.8%, despite a high dividend payout ratio of 446.51%.

TD Private Client Wealth LLC raised its position in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 903.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,362 shares of the real estate investment trust's stock after acquiring an additional 6,628 shares during the period. TD Private Client Wealth LLC's holdings in Ventas were worth $465,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Ethic Inc. grew its position in Ventas by 27.9% during the first quarter. Ethic Inc. now owns 66,748 shares of the real estate investment trust's stock valued at $4,624,000 after acquiring an additional 14,568 shares during the period. DAVENPORT & Co LLC purchased a new stake in shares of Ventas in the first quarter worth about $276,000. Cbre Investment Management Listed Real Assets LLC boosted its position in shares of Ventas by 25.7% in the first quarter. Cbre Investment Management Listed Real Assets LLC now owns 376,973 shares of the real estate investment trust's stock worth $25,921,000 after buying an additional 77,066 shares during the period. NBC Securities Inc. purchased a new stake in shares of Ventas in the first quarter worth about $65,000. Finally, Nicola Wealth Management LTD. purchased a new stake in shares of Ventas in the first quarter worth about $1,169,000. Hedge funds and other institutional investors own 94.18% of the company's stock.

Ventas Price Performance

VTR stock opened at $68.99 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 52-week low of $56.68 and a 52-week high of $71.36. The stock's 50 day moving average is $67.94 and its two-hundred day moving average is $66.29. The company has a market capitalization of $31.35 billion, a PE ratio of 160.43, a P/E/G ratio of 2.54 and a beta of 0.87.

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

Ventas Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 16th. Shareholders of record on Tuesday, September 30th will be issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Tuesday, September 30th. Ventas's dividend payout ratio (DPR) is currently 446.51%.

Insider Buying and Selling

In other Ventas news, CFO Robert F. Probst sold 168,318 shares of the stock in a transaction that occurred on Monday, July 14th. The stock was 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 of the company's stock, valued at $11,004,271.04. This trade represents a 49.99% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Debra A. Cafaro sold 14,753 shares of the stock in a transaction that occurred on Monday, July 14th. The stock was sold at an average price of $65.60, for a total value 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 represents a 1.27% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 277,194 shares of company stock worth $18,307,501. 0.80% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several brokerages have recently weighed in on VTR. Scotiabank upped their target price on Ventas from $72.00 to $74.00 and gave the stock a "sector perform" rating in a research report on Thursday, August 28th. Morgan Stanley upped their target price on Ventas from $70.00 to $75.00 and gave the stock an "equal weight" rating in a research report on Friday, August 15th. Argus reaffirmed a "buy" rating and issued a $75.00 target price on shares of Ventas in a research report on Tuesday, August 26th. Evercore ISI upped their target price on Ventas from $77.00 to $80.00 and gave the stock an "outperform" rating in a research report on Monday, September 15th. Finally, JPMorgan Chase & Co. upped their target price on Ventas from $72.00 to $76.00 and gave the stock an "overweight" rating in a research report on Tuesday, August 26th. One equities research 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 company. Based on data from MarketBeat.com, Ventas has a consensus rating of "Moderate Buy" and a consensus price target of $75.08.

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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