Dorsey Wright & Associates Acquires Shares of 4,190 Ventas, Inc. $VTR

Dorsey Wright & Associates bought a new position in shares of Ventas, Inc. (NYSE:VTR) in the second quarter, Holdings Channel.com reports. The fund bought 4,190 shares of the real estate investment trust’s stock, valued at approximately $265,000.

A number of other hedge funds have also modified their holdings of VTR. Ethic Inc. increased its holdings 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 purchasing an additional 14,568 shares during the last quarter. Nicola Wealth Management LTD. acquired a new position in shares of Ventas during the 1st quarter valued at about $1,169,000. Cbre Investment Management Listed Real Assets LLC boosted its position in shares of Ventas by 25.7% during the 1st quarter. Cbre Investment Management Listed Real Assets LLC now owns 376,973 shares of the real estate investment trust’s stock valued at $25,921,000 after acquiring an additional 77,066 shares during the last quarter. Diamond Hill Capital Management Inc. purchased a new stake in shares of Ventas in the first quarter valued at about $13,321,000. Finally, Nordea Investment Management AB increased its position in Ventas by 1,042.6% during the second quarter. Nordea Investment Management AB now owns 386,881 shares of the real estate investment trust’s stock worth $24,064,000 after purchasing an additional 353,022 shares during the last quarter. 94.18% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the stock. Argus reiterated a “buy” rating and issued a $75.00 target price on shares of Ventas in a report on Tuesday, August 26th. Morgan Stanley lifted their target price on Ventas from $70.00 to $75.00 and gave the company an “equal weight” rating in a research report on Friday, August 15th. Raymond James Financial reiterated an “outperform” rating and set a $78.00 price target (up from $74.00) on shares of Ventas in a report on Friday, August 22nd. Citigroup boosted their price objective on shares of Ventas from $80.00 to $88.00 and gave the company a “buy” rating in a report on Tuesday, November 11th. Finally, Cantor Fitzgerald lifted their price target on shares of Ventas from $77.00 to $85.00 and gave the company an “overweight” rating in a research report on Friday, October 31st. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, Ventas currently has a consensus rating of “Moderate Buy” and an average price target of $77.36.

Insiders Place Their Bets

In other Ventas news, CEO Peter J. Bulgarelli sold 870 shares of the stock in a transaction dated Wednesday, November 5th. The stock was sold at an average price of $75.28, for a total value of $65,493.60. Following the sale, the chief executive officer owned 111,694 shares of the company’s stock, valued at $8,408,324.32. This trade represents a 0.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Robert F. Probst sold 33,591 shares of Ventas stock in a transaction dated Wednesday, November 12th. The shares were sold at an average price of $76.77, for a total value of $2,578,781.07. Following the completion of the transaction, the chief financial officer owned 168,364 shares of the company’s stock, valued at $12,925,304.28. The trade was a 16.63% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 693,912 shares of company stock worth $51,054,293 in the last quarter. 0.80% of the stock is owned by company insiders.

Ventas Stock Performance

Shares of Ventas stock opened at $79.90 on Thursday. The business has a 50-day moving average of $71.32 and a 200 day moving average of $67.58. Ventas, Inc. has a 12 month low of $56.68 and a 12 month high of $80.30. The stock has a market capitalization of $37.53 billion, a price-to-earnings ratio of 153.65, a price-to-earnings-growth ratio of 2.36 and a beta of 0.88. The company has a debt-to-equity ratio of 1.13, a current ratio of 0.68 and a quick ratio of 0.68.

Ventas (NYSE:VTR) last posted its quarterly earnings data on Wednesday, October 29th. The real estate investment trust reported $0.88 EPS for the quarter, beating 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 business had revenue of $1.49 billion during the quarter, compared to analyst estimates of $1.44 billion. During the same quarter last year, the firm posted $0.80 earnings per share. The business’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. As a group, sell-side analysts forecast that Ventas, Inc. will post 3.4 earnings per share for the current year.

Ventas Dividend Announcement

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

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.