VIRGINIA RETIREMENT SYSTEMS ET Al Lowers Stake in Ventas, Inc. $VTR

VIRGINIA RETIREMENT SYSTEMS ET Al reduced its position in Ventas, Inc. (NYSE:VTR) by 23.6% in the third quarter, HoldingsChannel.com reports. The firm owned 167,970 shares of the real estate investment trust’s stock after selling 52,000 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Ventas were worth $11,756,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Ameritas Advisory Services LLC purchased a new position in shares of Ventas during the 2nd quarter valued at $33,000. Golden State Wealth Management LLC raised its holdings in Ventas by 52.7% during the second quarter. Golden State Wealth Management LLC now owns 536 shares of the real estate investment trust’s stock valued at $34,000 after acquiring an additional 185 shares during the period. Elevation Point Wealth Partners LLC bought a new stake in Ventas during the second quarter valued at about $35,000. IFP Advisors Inc lifted its position in shares of Ventas by 61.3% in the second quarter. IFP Advisors Inc now owns 974 shares of the real estate investment trust’s stock valued at $62,000 after acquiring an additional 370 shares in the last quarter. Finally, CYBER HORNET ETFs LLC bought a new position in shares of Ventas in the second quarter worth about $67,000. 94.18% of the stock is currently owned by institutional investors.

Ventas Trading Down 1.8%

Shares of VTR opened at $77.41 on Thursday. The company’s fifty day moving average is $77.59 and its 200 day moving average is $70.72. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.32 and a current ratio of 0.32. The stock has a market capitalization of $36.36 billion, a PE ratio of 148.87, a P/E/G ratio of 1.99 and a beta of 0.78. Ventas, Inc. has a fifty-two week low of $56.68 and a fifty-two week high of $81.89.

Ventas (NYSE:VTR) last released its quarterly earnings results on Wednesday, October 29th. The real estate investment trust reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.87 by $0.01. The company had revenue of $1.49 billion for the quarter, compared to analyst estimates of $1.44 billion. Ventas had a return on equity of 2.05% and a net margin of 4.28%.Ventas’s quarterly revenue was up 20.5% 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 3.450-3.480 EPS. Sell-side analysts expect that Ventas, Inc. will post 3.4 earnings per share for the current fiscal year.

Ventas Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Wednesday, December 31st will be paid a $0.48 dividend. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $1.92 annualized dividend and a yield of 2.5%. Ventas’s dividend payout ratio is 369.23%.

Analyst Ratings Changes

Several brokerages recently issued reports on VTR. Jefferies Financial Group reissued a “buy” rating and set a $93.00 target price on shares of Ventas in a research note on Monday, December 15th. Cantor Fitzgerald increased their price objective on shares of Ventas from $77.00 to $85.00 and gave the company an “overweight” rating in a report on Friday, October 31st. Citigroup lifted their price objective on shares of Ventas from $80.00 to $88.00 and gave the company a “buy” rating in a research report on Tuesday, November 11th. Scotiabank boosted their target price on shares of Ventas from $74.00 to $80.00 and gave the stock a “sector perform” rating in a report on Thursday, November 13th. Finally, UBS Group began coverage on shares of Ventas in a research report on Friday, September 19th. They set a “neutral” rating and a $73.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Ventas currently has an average rating of “Moderate Buy” and an average price target of $79.31.

Insiders Place Their Bets

In other Ventas news, CEO Peter J. Bulgarelli sold 3,924 shares of Ventas stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $75.00, for a total transaction of $294,300.00. Following the completion of the sale, the chief executive officer directly owned 112,564 shares of the company’s stock, valued at $8,442,300. The trade was a 3.37% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Debra A. Cafaro sold 317,258 shares of the company’s stock in a transaction on Thursday, October 30th. The stock was 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 owned 1,145,695 shares of the company’s stock, valued at $85,056,396.80. This represents a 21.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 673,268 shares of company stock worth $49,679,007 in the last ninety days. 0.80% of the stock is owned by company insiders.

About Ventas

Ventas, Inc (NYSE: VTR) is a real estate investment trust (REIT) that specializes in healthcare-related real estate. The company acquires, owns and manages a diversified portfolio of properties serving the healthcare continuum, including senior housing communities, skilled nursing facilities, medical office buildings, life science and research centers, and other properties leased to healthcare providers and operators. Ventas generates revenue through long-term leases, property management and selective development activities focused on meeting the real estate needs of the healthcare sector.

Ventas’ business model combines property ownership with active asset management and capital markets activity.