Asset Management One Co. Ltd. Buys 46,125 Shares of Ventas, Inc. $VTR

Asset Management One Co. Ltd. increased its holdings in Ventas, Inc. (NYSE:VTR) by 5.3% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 921,752 shares of the real estate investment trust’s stock after buying an additional 46,125 shares during the quarter. Asset Management One Co. Ltd.’s holdings in Ventas were worth $58,209,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its position in Ventas by 3.7% in the first quarter. Vanguard Group Inc. now owns 68,941,561 shares of the real estate investment trust’s stock worth $4,740,422,000 after purchasing an additional 2,440,551 shares in the last quarter. JPMorgan Chase & Co. raised its position in Ventas by 9.5% in the first quarter. JPMorgan Chase & Co. now owns 32,347,333 shares of the real estate investment trust’s stock worth $2,224,203,000 after purchasing an additional 2,811,241 shares in the last quarter. Resolution Capital Ltd raised its position in Ventas by 10.5% in the first quarter. Resolution Capital Ltd now owns 7,889,848 shares of the real estate investment trust’s stock worth $542,506,000 after purchasing an additional 751,587 shares in the last quarter. Price T Rowe Associates Inc. MD raised its position in Ventas by 4.6% in the first quarter. Price T Rowe Associates Inc. MD now owns 6,414,404 shares of the real estate investment trust’s stock worth $441,056,000 after purchasing an additional 281,232 shares in the last quarter. Finally, Northern Trust Corp raised its position in Ventas by 3.1% in the first quarter. Northern Trust Corp now owns 6,402,413 shares of the real estate investment trust’s stock worth $440,230,000 after purchasing an additional 194,860 shares in the last quarter. Institutional investors and hedge funds own 94.18% of the company’s stock.

Insider Activity

In other news, CEO Peter J. Bulgarelli sold 2,554 shares of the stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $70.26, for a total transaction of $179,444.04. Following the sale, the chief executive officer directly owned 116,488 shares of the company’s stock, valued at $8,184,446.88. This represents a 2.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Debra A. Cafaro sold 219,515 shares of the stock in a transaction that occurred on Monday, October 20th. The shares were sold at an average price of $71.32, for a total transaction of $15,655,809.80. Following the sale, the chief executive officer directly owned 1,145,695 shares in the company, valued at $81,710,967.40. This trade represents a 16.08% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 289,072 shares of company stock valued at $20,427,497 over the last three months. 0.80% of the stock is owned by insiders.

Ventas Price Performance

Shares of Ventas stock opened at $70.03 on Friday. 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 stock has a market capitalization of $31.82 billion, a price-to-earnings ratio of 162.85, a P/E/G ratio of 2.38 and a beta of 0.89. Ventas, Inc. has a 1-year low of $56.68 and a 1-year high of $72.02. The firm’s 50-day moving average price is $68.61 and its two-hundred day moving average price is $66.51.

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

Ventas Announces Dividend

The business 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. This represents a $1.92 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend was Tuesday, September 30th. Ventas’s dividend payout ratio is 446.51%.

Analysts Set New Price Targets

Several research firms recently issued reports on VTR. Evercore ISI increased their price target 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. Raymond James Financial reissued an “outperform” rating and issued a $78.00 price target (up previously from $74.00) on shares of Ventas in a research report on Friday, August 22nd. JPMorgan Chase & Co. increased their price target 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. Argus reaffirmed a “buy” rating and set a $75.00 price objective on shares of Ventas in a research note on Tuesday, August 26th. Finally, 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 note on Friday, August 15th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $75.46.

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.