Voya Investment Management LLC increased its holdings in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 3.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 122,962 shares of the real estate investment trust's stock after purchasing an additional 3,746 shares during the quarter. Voya Investment Management LLC's holdings in Ventas were worth $8,455,000 at the end of the most recent reporting period.
Several other institutional investors have also recently made changes to their positions in the business. Nicola Wealth Management LTD. purchased a new stake in shares of Ventas during the first quarter worth about $1,169,000. Militia Capital Partners LP grew its holdings in Ventas by 255.6% during the 1st quarter. Militia Capital Partners LP now owns 6,400 shares of the real estate investment trust's stock valued at $440,000 after buying an additional 4,600 shares in the last quarter. Inspire Investing LLC grew its holdings in Ventas by 6.7% during the 1st quarter. Inspire Investing LLC now owns 43,936 shares of the real estate investment trust's stock valued at $3,021,000 after buying an additional 2,760 shares in the last quarter. Strs Ohio purchased a new position in Ventas during the 1st quarter valued at approximately $41,664,000. Finally, Foresight Group Ltd Liability Partnership grew its holdings in Ventas by 537.6% during the 1st quarter. Foresight Group Ltd Liability Partnership now owns 113,299 shares of the real estate investment trust's stock valued at $7,787,000 after buying an additional 95,530 shares in the last quarter. Hedge funds and other institutional investors own 94.18% of the company's stock.
Wall Street Analyst Weigh In
Several equities analysts have weighed in on VTR shares. JPMorgan Chase & Co. raised their price target on Ventas from $72.00 to $76.00 and gave the company an "overweight" rating in a report on Tuesday, August 26th. Raymond James Financial reissued an "outperform" rating and set a $78.00 price target (up from $74.00) on shares of Ventas in a research note on Friday, August 22nd. Scotiabank raised their price target on Ventas from $72.00 to $74.00 and gave the stock a "sector perform" rating in a research note on Thursday, August 28th. UBS Group initiated coverage on Ventas in a report on Friday. They set a "neutral" rating and a $73.00 price objective on the stock. Finally, Evercore ISI lifted their price target on Ventas from $77.00 to $80.00 and gave the company an "outperform" rating in a report on Monday, September 15th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $75.08.
Read Our Latest Report on Ventas
Ventas Stock Performance
VTR traded down $0.84 on Friday, reaching $67.13. 7,286,705 shares of the stock were exchanged, compared to its average volume of 2,616,510. The company's 50-day moving average price is $67.66 and its 200 day moving average price is $66.24. Ventas, Inc. has a fifty-two week low of $56.68 and a fifty-two week high of $71.36. The company has a debt-to-equity ratio of 1.13, a current ratio of 0.68 and a quick ratio of 0.68. The firm has a market capitalization of $30.51 billion, a PE ratio of 156.12, a PEG ratio of 2.48 and a beta of 0.87.
Ventas (NYSE:VTR - Get Free Report) last released its quarterly 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. The company had revenue of $1.42 billion during the quarter, compared to analysts' expectations of $1.37 billion. Ventas had a return on equity of 1.75% and a net margin of 3.61%.Ventas's quarterly revenue was up 18.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.80 EPS. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. As a group, sell-side analysts forecast that Ventas, Inc. will post 3.4 EPS for the current fiscal year.
Ventas Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 16th. Investors of record on Tuesday, September 30th will be issued a $0.48 dividend. The ex-dividend date is Tuesday, September 30th. This represents a $1.92 dividend on an annualized basis and a yield of 2.9%. Ventas's dividend payout ratio is currently 446.51%.
Insider Buying and Selling
In other Ventas news, CEO Debra A. Cafaro sold 14,753 shares of the company's stock in a transaction on Monday, July 14th. The stock was 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 $75,157,592. This 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 available at the SEC website. Also, CFO Robert F. Probst sold 168,318 shares of the stock in a transaction on Monday, July 14th. The shares were sold at an average price of $65.36, for a total value of $11,001,264.48. Following the completion of the sale, the chief financial officer owned 168,364 shares in the company, valued at approximately $11,004,271.04. The trade was a 49.99% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 277,194 shares of company stock worth $18,307,501 over the last quarter. 1.00% of the stock is currently owned by insiders.
Ventas Profile
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Free Report)
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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