Prudential Financial Inc. Has $50.25 Million Position in Ventas, Inc. $VTR

Prudential Financial Inc. cut its position in shares of Ventas, Inc. (NYSE:VTR) by 19.6% during the second quarter, Holdings Channel reports. The institutional investor owned 795,647 shares of the real estate investment trust’s stock after selling 193,524 shares during the quarter. Prudential Financial Inc.’s holdings in Ventas were worth $50,245,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ameritas Advisory Services LLC acquired a new position in Ventas in the 2nd quarter valued at approximately $33,000. Golden State Wealth Management LLC increased its position in shares of Ventas by 52.7% during the second quarter. Golden State Wealth Management LLC now owns 536 shares of the real estate investment trust’s stock valued at $34,000 after purchasing an additional 185 shares during the period. Zions Bancorporation National Association UT bought a new stake in shares of Ventas during the first quarter valued at approximately $41,000. Manchester Capital Management LLC raised its stake in shares of Ventas by 37.5% in the first quarter. Manchester Capital Management LLC now owns 883 shares of the real estate investment trust’s stock valued at $61,000 after purchasing an additional 241 shares in the last quarter. Finally, IFP Advisors Inc lifted its position in Ventas by 61.3% in the second quarter. IFP Advisors Inc now owns 974 shares of the real estate investment trust’s stock worth $62,000 after purchasing an additional 370 shares during the period. 94.18% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

VTR has been the topic of a number of recent research reports. Evercore ISI lifted their price target on shares of Ventas from $77.00 to $80.00 and gave the stock an “outperform” rating in a research note on Monday, September 15th. Cantor Fitzgerald raised their price objective on shares of Ventas from $77.00 to $85.00 and gave the stock an “overweight” rating in a report on Friday, October 31st. Morgan Stanley upped their target price on shares of Ventas from $70.00 to $75.00 and gave the company an “equal weight” rating in a research note on Friday, August 15th. Weiss Ratings reissued a “hold (c+)” rating on shares of Ventas in a research report on Wednesday, November 19th. Finally, Argus reissued a “buy” rating and issued a $75.00 price target on shares of Ventas in a research report on Tuesday, August 26th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $77.36.

Ventas Stock Down 0.6%

Shares of NYSE:VTR opened at $78.78 on Tuesday. Ventas, Inc. has a 52 week low of $56.68 and a 52 week high of $80.50. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.68 and a current ratio of 0.68. The company’s fifty day moving average is $71.90 and its 200-day moving average is $67.87. The company has a market capitalization of $37.00 billion, a PE ratio of 151.50, a P/E/G ratio of 2.36 and a beta of 0.88.

Ventas (NYSE:VTR) last announced its earnings results on Wednesday, October 29th. The real estate investment trust reported $0.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 analysts’ expectations of $1.44 billion. During the same quarter last year, the company posted $0.80 EPS. The firm’s revenue for the quarter was up 20.5% on a year-over-year basis. Ventas has set its FY 2025 guidance at 3.450-3.480 EPS. Equities research analysts predict that Ventas, Inc. will post 3.4 earnings per share for the current fiscal year.

Ventas Dividend Announcement

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

Insider Activity at Ventas

In related news, CFO Robert F. Probst sold 33,591 shares of the firm’s stock in a transaction on Wednesday, November 12th. The stock was 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 directly owned 168,364 shares of the company’s stock, valued at $12,925,304.28. This trade represents a 16.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Peter J. Bulgarelli sold 2,229 shares of the business’s stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $80.08, for a total value of $178,498.32. Following the completion of the transaction, the chief executive officer directly owned 106,488 shares in the company, valued at approximately $8,527,559.04. This represents a 2.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 698,912 shares of company stock valued at $51,454,499 in the last three months. Corporate insiders own 0.80% of the company’s stock.

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.