Legacy Wealth Asset Management LLC Buys 158 Shares of Ventas, Inc. $VTR

Legacy Wealth Asset Management LLC raised its stake in Ventas, Inc. (NYSE:VTR) by 3.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,335 shares of the real estate investment trust’s stock after acquiring an additional 158 shares during the quarter. Legacy Wealth Asset Management LLC’s holdings in Ventas were worth $274,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Cloud Capital Management LLC acquired a new position in shares of Ventas during the 1st quarter worth approximately $25,000. Larson Financial Group LLC grew its position in shares of Ventas by 1,334.6% during the 1st quarter. Larson Financial Group LLC now owns 373 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 347 shares in the last quarter. Ameritas Advisory Services LLC acquired a new position in shares of Ventas during the 2nd quarter worth approximately $33,000. Rossby Financial LCC acquired a new position in shares of Ventas during the 1st quarter worth approximately $34,000. Finally, Bank Julius Baer & Co. Ltd Zurich acquired a new position in shares of Ventas during the 1st quarter worth approximately $41,000. Institutional investors and hedge funds own 94.18% of the company’s stock.

Insider Buying and Selling at Ventas

In other Ventas news, CEO Peter J. Bulgarelli sold 2,554 shares of the firm’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $70.26, for a total value of $179,444.04. Following the sale, the chief executive officer owned 116,488 shares in the company, valued at $8,184,446.88. This trade represents a 2.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Debra A. Cafaro sold 10,322 shares of the firm’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $70.24, for a total transaction of $725,017.28. Following the completion of the sale, the chief executive officer owned 1,145,695 shares in the company, valued at $80,473,616.80. This represents a 0.89% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 69,557 shares of company stock worth $4,771,687 over the last quarter. Corporate insiders own 1.00% of the company’s stock.

Ventas Stock Performance

NYSE VTR opened at $70.26 on Wednesday. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 1.13. The firm has a market capitalization of $31.93 billion, a price-to-earnings ratio of 163.39, a P/E/G ratio of 2.42 and a beta of 0.89. The firm’s 50 day simple moving average is $68.51 and its 200 day simple moving average is $66.44. Ventas, Inc. has a 1 year low of $56.68 and a 1 year high of $72.02.

Ventas (NYSE:VTR) last posted its quarterly 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. The business had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.37 billion. Ventas had a net margin of 3.61% and a return on equity of 1.75%. The firm’s revenue for the quarter was up 18.3% on a year-over-year basis. During the same quarter last year, the business posted $0.80 EPS. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. As a group, research analysts expect that Ventas, Inc. will post 3.4 earnings per share for the current fiscal year.

Ventas Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 16th. Shareholders of record on Tuesday, September 30th were given a $0.48 dividend. The ex-dividend date was Tuesday, September 30th. This represents a $1.92 dividend on an annualized basis and a yield of 2.7%. Ventas’s dividend payout ratio (DPR) is currently 446.51%.

Analyst Ratings Changes

VTR has been the topic of a number of analyst reports. Evercore ISI increased their target price on shares of Ventas from $77.00 to $80.00 and gave the stock an “outperform” rating in a research report on Monday, September 15th. 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 target price on the stock. JPMorgan Chase & Co. increased their target price on shares of Ventas from $72.00 to $76.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 26th. Wells Fargo & Company increased their price target on shares of Ventas from $77.00 to $80.00 and gave the stock an “overweight” rating in a research report on Tuesday. Finally, Morgan Stanley increased their price target on shares of Ventas from $70.00 to $75.00 and gave the stock an “equal weight” rating in a research report on Friday, August 15th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, Ventas has an average rating of “Moderate Buy” and a consensus price target of $75.46.

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.