TD Asset Management Inc Increases Position in Ventas, Inc. $VTR

TD Asset Management Inc increased its holdings in Ventas, Inc. (NYSE:VTR) by 130.6% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 346,492 shares of the real estate investment trust’s stock after acquiring an additional 196,254 shares during the quarter. TD Asset Management Inc’s holdings in Ventas were worth $21,881,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the business. Naviter Wealth LLC increased its holdings in Ventas by 10.2% during the 2nd quarter. Naviter Wealth LLC now owns 33,238 shares of the real estate investment trust’s stock worth $2,115,000 after purchasing an additional 3,069 shares during the last quarter. NorthRock Partners LLC grew its position in shares of Ventas by 21.3% during the second quarter. NorthRock Partners LLC now owns 7,326 shares of the real estate investment trust’s stock worth $466,000 after buying an additional 1,286 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its stake in shares of Ventas by 7.2% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 3,845 shares of the real estate investment trust’s stock worth $243,000 after buying an additional 258 shares during the last quarter. Sequoia Financial Advisors LLC raised its holdings in Ventas by 12.2% in the second quarter. Sequoia Financial Advisors LLC now owns 5,879 shares of the real estate investment trust’s stock valued at $371,000 after acquiring an additional 640 shares in the last quarter. Finally, Yousif Capital Management LLC raised its holdings in Ventas by 20.0% in the second quarter. Yousif Capital Management LLC now owns 81,079 shares of the real estate investment trust’s stock valued at $5,120,000 after acquiring an additional 13,489 shares in the last quarter. Institutional investors and hedge funds own 94.18% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on VTR. Weiss Ratings reissued a “hold (c+)” rating on shares of Ventas in a report on Wednesday, October 8th. Evercore ISI lifted their price target on Ventas from $77.00 to $80.00 and gave the stock an “outperform” rating in a research note on Monday, September 15th. Raymond James Financial reissued an “outperform” rating and issued a $78.00 price objective (up from $74.00) on shares of Ventas in a report on Friday, August 22nd. Argus reaffirmed a “buy” rating and set a $75.00 target price on shares of Ventas in a report on Tuesday, August 26th. Finally, JPMorgan Chase & Co. lifted their target price on Ventas from $72.00 to $76.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 26th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Ventas presently has a consensus rating of “Moderate Buy” and an average price target of $75.23.

Insider Buying and Selling

In related news, CEO Debra A. Cafaro sold 10,322 shares of the business’s stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $70.24, for a total transaction of $725,017.28. Following the completion of the transaction, the chief executive officer owned 1,145,695 shares in the company, valued at $80,473,616.80. The trade was a 0.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Peter J. Bulgarelli sold 2,554 shares of the company’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $70.26, for a total value of $179,444.04. Following the transaction, the chief executive officer owned 116,488 shares of the company’s stock, valued at approximately $8,184,446.88. The trade was a 2.15% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 99,050 shares of company stock valued at $6,726,778. Insiders own 0.80% of the company’s stock.

Ventas Stock Up 1.6%

Shares of NYSE:VTR opened at $70.65 on Friday. The company’s fifty day moving average is $68.42 and its two-hundred day moving average is $66.41. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.68 and a current ratio of 0.68. Ventas, Inc. has a 1-year low of $56.68 and a 1-year high of $71.36. The stock has a market capitalization of $32.11 billion, a price-to-earnings ratio of 164.30, a price-to-earnings-growth ratio of 2.56 and a beta of 0.89.

Ventas (NYSE:VTR) last announced its quarterly earnings data on Wednesday, July 30th. The real estate investment trust reported $0.87 earnings per share for the quarter, beating analysts’ consensus estimates of $0.85 by $0.02. The business had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.37 billion. Ventas had a net margin of 3.61% and a return on equity of 1.75%. The company’s revenue for the quarter was up 18.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.80 EPS. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. Equities analysts anticipate that Ventas, Inc. will post 3.4 EPS for the current year.

Ventas Dividend Announcement

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

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.