Wealthstar Advisors LLC Takes $1.55 Million Position in Ventas, Inc. $VTR

Key Points

• Wealthstar Advisors LLC acquired a new stake in Ventas, Inc. worth approximately $1.55 million by purchasing 24,495 shares in the 2nd quarter.
• Ventas reported $0.87 earnings per share (EPS) for the last quarter, exceeding analysts' expectations of $0.85, with revenues totaling $1.42 billion, up 18.3% year-over-year.
• The company declared a quarterly dividend of $0.48 per share, resulting in a 2.8% dividend yield, with an ex-dividend date set for September 30th.

Wealthstar Advisors LLC bought a new stake in shares of Ventas, Inc. (NYSE:VTR - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 24,495 shares of the real estate investment trust's stock, valued at approximately $1,547,000.

Other institutional investors have also recently made changes to their positions in the company. Ethic Inc. increased its holdings in shares of Ventas by 27.9% during the 1st quarter. Ethic Inc. now owns 66,748 shares of the real estate investment trust's stock valued at $4,624,000 after purchasing an additional 14,568 shares in the last quarter. DAVENPORT & Co LLC purchased a new position in shares of Ventas during the 1st quarter valued at approximately $276,000. Cbre Investment Management Listed Real Assets LLC increased its holdings in shares of Ventas by 25.7% during the 1st quarter. Cbre Investment Management Listed Real Assets LLC now owns 376,973 shares of the real estate investment trust's stock valued at $25,921,000 after purchasing an additional 77,066 shares in the last quarter. NBC Securities Inc. purchased a new position in shares of Ventas during the 1st quarter valued at approximately $65,000. Finally, Nicola Wealth Management LTD. purchased a new position in shares of Ventas during the 1st quarter valued at approximately $1,169,000. 94.18% of the stock is owned by hedge funds and other institutional investors.

Ventas Trading Down 0.5%

Shares of VTR opened at $67.69 on Friday. Ventas, Inc. has a 52-week low of $56.68 and a 52-week high of $71.36. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 1.13. The firm's fifty day moving average is $68.38 and its two-hundred day moving average is $66.40. The stock has a market cap of $30.76 billion, a PE ratio of 157.42, a price-to-earnings-growth ratio of 2.51 and a beta of 0.89.

Ventas (NYSE:VTR - Get Free Report) last announced its earnings results 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 net margin of 3.61% and a return on equity of 1.75%. The company had revenue of $1.42 billion for the quarter, compared to analysts' expectations of $1.37 billion. During the same quarter in the previous year, the company posted $0.80 EPS. The firm's quarterly revenue was up 18.3% on a year-over-year basis. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. Research analysts forecast that Ventas, Inc. will post 3.4 earnings per share for the current fiscal year.

Ventas Dividend Announcement

The company 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. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $1.92 annualized dividend and a dividend yield of 2.8%. Ventas's payout ratio is presently 446.51%.

Analyst Ratings Changes

VTR has been the subject of several recent analyst reports. Cantor Fitzgerald initiated coverage on shares of Ventas in a report on Wednesday, October 1st. They issued an "overweight" rating and a $77.00 price target for the company. Weiss Ratings reissued a "hold (c+)" rating on shares of Ventas in a report on Wednesday. Argus reissued a "buy" rating and issued a $75.00 price target on shares of Ventas in a report on Tuesday, August 26th. Scotiabank boosted their price target on shares of Ventas from $72.00 to $74.00 and gave the stock a "sector perform" rating in a report on Thursday, August 28th. Finally, UBS Group initiated coverage on shares of Ventas in a report on Friday, September 19th. They issued a "neutral" rating and a $73.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $75.23.

Insider Activity

In other news, CEO Debra A. Cafaro sold 14,753 shares of the business's stock in a transaction dated 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 owned 1,145,695 shares of the company's stock, valued at approximately $75,157,592. The trade was a 1.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Robert F. Probst sold 168,318 shares of the business's stock in a transaction dated 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 directly owned 168,364 shares in the company, valued at approximately $11,004,271.04. The trade was a 49.99% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 292,110 shares of company stock worth $19,354,742. Corporate insiders own 0.80% of the company's stock.

Ventas 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.

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