XTX Topco Ltd Invests $1.35 Million in Ventas, Inc. (NYSE:VTR)

Key Points

• XTX Topco Ltd recently invested $1.35 million in Ventas, Inc., purchasing 19,657 shares, as disclosed in a 13F filing.
• VTR received several analyst upgrades, with price targets rising, and currently holds an average rating of "Moderate Buy" with a target of $72.90.
• Ventas declared a quarterly dividend of $0.48 per share, representing an annualized dividend yield of 2.9%, despite a high payout ratio of 581.82%.

XTX Topco Ltd bought a new position in shares of Ventas, Inc. (NYSE:VTR - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 19,657 shares of the real estate investment trust's stock, valued at approximately $1,352,000.

Several other institutional investors and hedge funds have also made changes to their positions in VTR. Northern Trust Corp lifted its holdings in Ventas by 60.8% in the fourth quarter. Northern Trust Corp now owns 6,207,553 shares of the real estate investment trust's stock valued at $365,563,000 after acquiring an additional 2,347,705 shares during the last quarter. Rush Island Management LP lifted its holdings in Ventas by 130.6% in the fourth quarter. Rush Island Management LP now owns 3,097,830 shares of the real estate investment trust's stock valued at $182,431,000 after acquiring an additional 1,754,494 shares during the last quarter. Marshall Wace LLP lifted its holdings in Ventas by 1,489.5% in the fourth quarter. Marshall Wace LLP now owns 1,456,112 shares of the real estate investment trust's stock valued at $85,750,000 after acquiring an additional 1,364,504 shares during the last quarter. Zimmer Partners LP acquired a new position in Ventas in the fourth quarter valued at approximately $67,719,000. Finally, Janus Henderson Group PLC lifted its holdings in Ventas by 1,196.0% in the fourth quarter. Janus Henderson Group PLC now owns 1,166,840 shares of the real estate investment trust's stock valued at $68,737,000 after acquiring an additional 1,076,803 shares during the last quarter. 94.18% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

VTR has been the topic of a number of recent analyst reports. Royal Bank Of Canada upped their price objective on Ventas from $74.00 to $75.00 and gave the company an "outperform" rating in a report on Wednesday, May 7th. Wall Street Zen cut Ventas from a "hold" rating to a "sell" rating in a report on Thursday, May 22nd. JPMorgan Chase & Co. upgraded Ventas from a "neutral" rating to an "overweight" rating and upped their price objective for the company from $70.00 to $72.00 in a report on Monday, June 23rd. Finally, Scotiabank upped their price objective on Ventas from $71.00 to $72.00 and gave the company a "sector perform" rating in a report on Monday, June 23rd. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, eight have given a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, Ventas presently has an average rating of "Moderate Buy" and an average price target of $72.90.

Ventas Stock Up 1.2%

Ventas stock opened at $67.26 on Friday. Ventas, Inc. has a twelve month low of $54.28 and a twelve month high of $71.36. The stock's fifty day simple moving average is $64.21 and its 200-day simple moving average is $64.96. The company has a current ratio of 0.32, a quick ratio of 0.32 and a debt-to-equity ratio of 1.10. The firm has a market capitalization of $30.35 billion, a P/E ratio of 156.41, a P/E/G ratio of 2.39 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 for the quarter, topping analysts' consensus estimates of $0.85 by $0.02. Ventas had a return on equity of 1.78% and a net margin of 3.61%. The business had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.37 billion. During the same quarter in the prior year, the company earned $0.80 earnings per share. The company's revenue was up 18.3% on a year-over-year basis. As a group, equities analysts expect that Ventas, Inc. will post 3.4 earnings per share for the current fiscal year.

Ventas Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 17th. Stockholders of record on Monday, June 30th were given a dividend of $0.48 per share. The ex-dividend date of this dividend was Monday, June 30th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.9%. Ventas's dividend payout ratio is currently 581.82%.

Insider Buying and Selling

In other news, EVP Carey S. Roberts sold 23,500 shares of the company's stock in a transaction on Friday, May 30th. The stock was sold at an average price of $64.23, for a total transaction of $1,509,405.00. Following the sale, the executive vice president owned 116,650 shares of the company's stock, valued at approximately $7,492,429.50. This represents a 16.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Robert F. Probst sold 29,493 shares of the company's stock in a transaction on Monday, July 21st. The stock was sold at an average price of $66.29, for a total value of $1,955,090.97. Following the sale, the chief financial officer directly owned 168,364 shares in the company, valued at $11,160,849.56. This represents a 14.91% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 334,478 shares of company stock worth $21,813,565 over the last ninety days. 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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