Mutual Advisors LLC Sells 3,101 Shares of Ventas, Inc. $VTR

Mutual Advisors LLC lowered its stake in shares of Ventas, Inc. (NYSE:VTR) by 28.8% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 7,662 shares of the real estate investment trust’s stock after selling 3,101 shares during the quarter. Mutual Advisors LLC’s holdings in Ventas were worth $509,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Ethic Inc. raised its stake in shares of Ventas by 27.9% in the first quarter. Ethic Inc. now owns 66,748 shares of the real estate investment trust’s stock valued at $4,624,000 after acquiring an additional 14,568 shares during the period. DAVENPORT & Co LLC purchased a new stake in Ventas in the 1st quarter worth about $276,000. Nicola Wealth Management LTD. bought a new stake in Ventas in the first quarter worth about $1,169,000. Cbre Investment Management Listed Real Assets LLC lifted its stake in Ventas by 25.7% in the first quarter. Cbre Investment Management Listed Real Assets LLC now owns 376,973 shares of the real estate investment trust’s stock worth $25,921,000 after purchasing an additional 77,066 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its position in shares of Ventas by 40.9% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 34,773 shares of the real estate investment trust’s stock valued at $2,391,000 after buying an additional 10,091 shares during the period. 94.18% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

VTR has been the topic of several recent analyst reports. JPMorgan Chase & Co. increased their price target on Ventas from $72.00 to $76.00 and gave the stock an “overweight” rating in a report on Tuesday, August 26th. UBS Group started coverage on Ventas in a research report on Friday, September 19th. They set a “neutral” rating and a $73.00 target price for the company. Weiss Ratings restated a “hold (c+)” rating on shares of Ventas in a report on Wednesday, October 8th. Morgan Stanley raised their price target on shares of Ventas from $70.00 to $75.00 and gave the stock an “equal weight” rating in a research note on Friday, August 15th. Finally, Cantor Fitzgerald initiated coverage on shares of Ventas in a research report on Wednesday, October 1st. They issued an “overweight” rating and a $77.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Ventas currently has a consensus rating of “Moderate Buy” and a consensus target price of $75.23.

Ventas Stock Performance

Shares of Ventas stock opened at $70.65 on Monday. Ventas, Inc. has a 12 month low of $56.68 and a 12 month high of $71.36. The stock’s fifty day moving average price is $68.42 and its 200-day moving average price is $66.37. The firm has a market cap of $32.11 billion, a P/E ratio of 164.30, a P/E/G ratio of 2.60 and a beta of 0.89. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 1.13.

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

Ventas Dividend Announcement

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

Insiders Place Their Bets

In other news, CEO Peter J. Bulgarelli sold 2,554 shares of the business’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 completion of the transaction, the chief executive officer directly 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 position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Robert F. Probst sold 29,691 shares of the company’s stock in a transaction on Monday, August 4th. The stock was sold at an average price of $68.49, for a total value of $2,033,536.59. Following the sale, the chief financial officer owned 168,364 shares of the company’s stock, valued at $11,531,250.36. This trade represents a 14.99% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 69,557 shares of company stock worth $4,771,687 over the last 90 days. Company insiders own 1.00% of the company’s stock.

Ventas Profile

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.