Magnetar Financial LLC Takes Position in Ventas, Inc. $VTR

Magnetar Financial LLC purchased a new position in shares of Ventas, Inc. (NYSE:VTR) during the second quarter, HoldingsChannel reports. The fund purchased 10,365 shares of the real estate investment trust’s stock, valued at approximately $655,000.

A number of other institutional investors have also recently bought and sold shares of the business. Ameritas Advisory Services LLC acquired a new stake in shares of Ventas in the second quarter valued at approximately $33,000. Golden State Wealth Management LLC increased its stake in Ventas by 52.7% during the 2nd quarter. Golden State Wealth Management LLC now owns 536 shares of the real estate investment trust’s stock worth $34,000 after acquiring an additional 185 shares during the period. Zions Bancorporation National Association UT acquired a new position in Ventas in the 1st quarter valued at $41,000. Manchester Capital Management LLC lifted its position in shares of Ventas by 37.5% during the 1st quarter. Manchester Capital Management LLC now owns 883 shares of the real estate investment trust’s stock valued at $61,000 after acquiring an additional 241 shares during the period. Finally, IFP Advisors Inc grew its holdings in shares of Ventas by 61.3% during the 2nd quarter. IFP Advisors Inc now owns 974 shares of the real estate investment trust’s stock worth $62,000 after purchasing an additional 370 shares in the last quarter. Institutional investors own 94.18% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on VTR shares. Morgan Stanley upped their price objective 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. Evercore ISI boosted their target price on shares of Ventas from $77.00 to $80.00 and gave the company an “outperform” rating in a research report on Monday, September 15th. Scotiabank increased their price target on shares of Ventas from $74.00 to $80.00 and gave the stock a “sector perform” rating in a research report on Thursday, November 13th. JPMorgan Chase & Co. boosted their price objective on shares of Ventas from $72.00 to $76.00 and gave the company an “overweight” rating in a research report on Tuesday, August 26th. Finally, Wells Fargo & Company upped their target price on Ventas from $77.00 to $80.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 21st. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, Ventas presently has an average rating of “Moderate Buy” and an average target price of $77.36.

Insider Transactions at Ventas

In other Ventas news, CEO Debra A. Cafaro sold 317,258 shares of Ventas stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $74.24, for a total value of $23,553,233.92. Following the completion of the sale, the chief executive officer directly owned 1,145,695 shares of the company’s stock, valued at approximately $85,056,396.80. The trade was a 21.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Peter J. Bulgarelli sold 3,924 shares of the stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $75.00, for a total transaction of $294,300.00. Following the transaction, the chief executive officer directly owned 112,564 shares in the company, valued at $8,442,300. This trade represents a 3.37% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 698,912 shares of company stock valued at $51,454,499. Corporate insiders own 0.80% of the company’s stock.

Ventas Price Performance

Shares of NYSE:VTR opened at $78.78 on Tuesday. Ventas, Inc. has a one year low of $56.68 and a one year high of $80.50. 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 company has a market cap of $37.00 billion, a price-to-earnings ratio of 151.50, a PEG ratio of 2.36 and a beta of 0.88. The firm has a 50 day simple moving average of $71.90 and a 200 day simple moving average of $67.87.

Ventas (NYSE:VTR) last announced its quarterly earnings results on Wednesday, October 29th. The real estate investment trust reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.87 by $0.01. Ventas had a net margin of 4.28% and a return on equity of 2.10%. The company had revenue of $1.49 billion during the quarter, compared to the consensus estimate of $1.44 billion. During the same period in the prior year, the business earned $0.80 earnings per share. The company’s revenue for the quarter was up 20.5% compared to the same quarter last year. Ventas has set its FY 2025 guidance at 3.450-3.480 EPS. Research analysts predict that Ventas, Inc. will post 3.4 earnings per share for the current fiscal year.

Ventas Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 16th. Stockholders of record on Tuesday, September 30th were paid a dividend of $0.48 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $1.92 annualized dividend and a dividend yield of 2.4%. Ventas’s dividend payout ratio (DPR) is presently 369.23%.

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.