Ventas, Inc. $VTR Shares Acquired by State of Alaska Department of Revenue

Key Points

• The State of Alaska Department of Revenue increased its stake in Ventas, Inc. by 3.4%, holding 264,287 shares valued at $16.69 million after acquiring an additional 8,647 shares in Q2.
• Ventas reported a quarterly earnings per share (EPS) of $0.87, surpassing estimates, with revenue of $1.42 billion, reflecting an 18.3% increase year-over-year.
• Recently, Ventas declared a $0.48 quarterly dividend, which translates to a 2.8% yield, with an ex-dividend date set for September 30.

State of Alaska Department of Revenue increased its holdings in Ventas, Inc. (NYSE:VTR - Free Report) by 3.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 264,287 shares of the real estate investment trust's stock after purchasing an additional 8,647 shares during the quarter. State of Alaska Department of Revenue owned 0.06% of Ventas worth $16,689,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Jefferies Financial Group Inc. acquired a new position in shares of Ventas during the 4th quarter worth approximately $313,000. Wealth Enhancement Advisory Services LLC raised its stake in shares of Ventas by 10.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 24,682 shares of the real estate investment trust's stock worth $1,454,000 after buying an additional 2,263 shares during the period. GAMMA Investing LLC raised its position in Ventas by 8,151.4% during the first quarter. GAMMA Investing LLC now owns 684,781 shares of the real estate investment trust's stock worth $47,086,000 after acquiring an additional 676,482 shares during the period. Parallel Advisors LLC raised its position in Ventas by 16.6% during the first quarter. Parallel Advisors LLC now owns 3,865 shares of the real estate investment trust's stock worth $266,000 after acquiring an additional 550 shares during the period. Finally, Rhumbline Advisers raised its position in Ventas by 7.4% during the first quarter. Rhumbline Advisers now owns 850,598 shares of the real estate investment trust's stock worth $58,487,000 after acquiring an additional 58,892 shares during the period. Institutional investors and hedge funds own 94.18% of the company's stock.

Ventas Price Performance

NYSE:VTR opened at $68.99 on Friday. 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. The stock has a market cap of $31.35 billion, a PE ratio of 160.43, a P/E/G ratio of 2.51 and a beta of 0.87. The stock has a 50 day moving average price of $67.94 and a 200 day moving average price of $66.29.

Ventas (NYSE:VTR - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The real estate investment trust reported $0.87 EPS for the quarter, beating 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 firm had revenue of $1.42 billion during the quarter, compared to analysts' expectations of $1.37 billion. During the same quarter last year, the firm earned $0.80 earnings per share. The business's revenue for the quarter was up 18.3% on a year-over-year basis. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. Equities research analysts expect that Ventas, Inc. will post 3.4 EPS for the current fiscal year.

Ventas Dividend Announcement

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

Analyst Upgrades and Downgrades

VTR has been the subject of several research analyst reports. UBS Group initiated coverage on shares of Ventas in a research report on Friday, September 19th. They set a "neutral" rating and a $73.00 price target for the company. Raymond James Financial reissued an "outperform" rating and set a $78.00 target price (up previously from $74.00) on shares of Ventas in a report on Friday, August 22nd. Scotiabank increased their target price on Ventas from $72.00 to $74.00 and gave the company a "sector perform" rating in a report on Thursday, August 28th. JPMorgan Chase & Co. increased their price objective on Ventas from $72.00 to $76.00 and gave the company an "overweight" rating in a research note on Tuesday, August 26th. Finally, Morgan Stanley increased their price objective on Ventas from $70.00 to $75.00 and gave the company an "equal weight" rating in a research note on Friday, August 15th. One 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, the company currently has a consensus rating of "Moderate Buy" and an average price target of $75.08.

Insider Buying and Selling

In related news, CEO Peter J. Bulgarelli sold 406 shares of the firm's stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $70.00, for a total transaction of $28,420.00. Following the completion of the sale, the chief executive officer directly owned 121,082 shares in the company, valued at approximately $8,475,740. This trade represents a 0.33% 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 29,691 shares of the firm's stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $68.49, for a total transaction of $2,033,536.59. Following the sale, the chief financial officer owned 168,364 shares of the company's stock, valued at $11,531,250.36. This represents a 14.99% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 277,194 shares of company stock worth $18,307,501. Insiders own 0.80% of the company's stock.

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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