Magnetar Financial LLC Purchases Shares of 10,365 Ventas, Inc. $VTR

Magnetar Financial LLC purchased a new stake in Ventas, Inc. (NYSE:VTR) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 10,365 shares of the real estate investment trust’s stock, valued at approximately $655,000.

A number of other hedge funds have also modified their holdings of VTR. Swiss National Bank lifted its stake in Ventas by 12.0% in the 2nd quarter. Swiss National Bank now owns 1,324,968 shares of the real estate investment trust’s stock valued at $83,672,000 after acquiring an additional 141,800 shares in the last quarter. Handelsbanken Fonder AB lifted its position in shares of Ventas by 1.7% in the second quarter. Handelsbanken Fonder AB now owns 278,571 shares of the real estate investment trust’s stock worth $17,592,000 after purchasing an additional 4,717 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in shares of Ventas in the second quarter worth $558,000. Ensign Peak Advisors Inc boosted its holdings in Ventas by 4.7% during the second quarter. Ensign Peak Advisors Inc now owns 268,012 shares of the real estate investment trust’s stock worth $16,925,000 after purchasing an additional 12,153 shares during the last quarter. Finally, Dorsey Wright & Associates bought a new position in Ventas in the second quarter valued at $265,000. 94.18% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. UBS Group assumed coverage on shares of Ventas in a research report on Friday, September 19th. They set a “neutral” rating and a $73.00 price target on the stock. Raymond James Financial reiterated an “outperform” rating and set a $78.00 target price (up previously from $74.00) on shares of Ventas in a report on Friday, August 22nd. Argus reissued a “buy” rating and set a $75.00 price target on shares of Ventas in a research report on Tuesday, August 26th. Wells Fargo & Company boosted their price target on Ventas from $77.00 to $80.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 21st. Finally, Morgan Stanley upped their price objective on Ventas from $70.00 to $75.00 and gave the stock an “equal weight” rating in a research note on Friday, August 15th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $77.36.

Ventas Price Performance

NYSE:VTR opened at $78.78 on Tuesday. Ventas, Inc. has a 12-month low of $56.68 and a 12-month high of $80.50. The firm has a market capitalization of $37.00 billion, a price-to-earnings ratio of 151.50, a P/E/G ratio of 2.36 and a beta of 0.88. The stock’s 50 day moving average price is $71.90 and its two-hundred day moving average price is $67.87. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 1.13.

Ventas (NYSE:VTR) last posted its earnings results on Wednesday, October 29th. The real estate investment trust reported $0.88 earnings per share for the quarter, topping analysts’ consensus estimates of $0.87 by $0.01. Ventas had a return on equity of 2.10% and a net margin of 4.28%.The business had revenue of $1.49 billion for the quarter, compared to analyst estimates of $1.44 billion. During the same period in the previous year, the firm earned $0.80 EPS. The firm’s revenue was up 20.5% compared to the same quarter last year. Ventas has set its FY 2025 guidance at 3.450-3.480 EPS. On average, analysts anticipate that Ventas, Inc. will post 3.4 earnings per share for the current year.

Ventas Dividend Announcement

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

Insider Transactions at Ventas

In related news, 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 transaction of $2,578,781.07. Following the completion of the sale, the chief financial officer owned 168,364 shares of the company’s stock, valued at approximately $12,925,304.28. The trade was a 16.63% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Debra A. Cafaro sold 41,294 shares of the stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $79.01, for a total transaction of $3,262,638.94. Following the completion of the transaction, the chief executive officer directly owned 1,145,695 shares in the company, valued at approximately $90,521,361.95. This represents a 3.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 698,912 shares of company stock worth $51,454,499. 0.80% of the stock is owned by insiders.

Ventas Company 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.