Ventas, Inc. $VTR Shares Sold by Eastern Bank

Eastern Bank decreased its position in shares of Ventas, Inc. (NYSE:VTR) by 6.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,108 shares of the real estate investment trust’s stock after selling 200 shares during the period. Eastern Bank’s holdings in Ventas were worth $196,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VTR. Lindbrook Capital LLC boosted its holdings in shares of Ventas by 3.9% in the 1st quarter. Lindbrook Capital LLC now owns 4,440 shares of the real estate investment trust’s stock valued at $305,000 after buying an additional 165 shares during the period. Kentucky Retirement Systems boosted its holdings in shares of Ventas by 0.6% in the 1st quarter. Kentucky Retirement Systems now owns 28,574 shares of the real estate investment trust’s stock valued at $1,965,000 after buying an additional 183 shares during the period. Commerzbank Aktiengesellschaft FI boosted its holdings in shares of Ventas by 4.3% in the 2nd quarter. Commerzbank Aktiengesellschaft FI now owns 4,546 shares of the real estate investment trust’s stock valued at $288,000 after buying an additional 187 shares during the period. Smartleaf Asset Management LLC boosted its holdings in shares of Ventas by 7.1% in the 1st quarter. Smartleaf Asset Management LLC now owns 2,896 shares of the real estate investment trust’s stock valued at $199,000 after buying an additional 193 shares during the period. Finally, Quarry LP boosted its holdings in shares of Ventas by 17.9% in the 1st quarter. Quarry LP now owns 1,313 shares of the real estate investment trust’s stock valued at $90,000 after buying an additional 199 shares during the period. Hedge funds and other institutional investors own 94.18% of the company’s stock.

Insider Transactions at Ventas

In related news, CEO Debra A. Cafaro sold 10,322 shares of the stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $70.24, for a total transaction of $725,017.28. Following the completion of the sale, the chief executive officer directly owned 1,145,695 shares of the company’s stock, valued at $80,473,616.80. This represents a 0.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Robert F. Probst sold 29,691 shares of the stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $68.49, for a total transaction of $2,033,536.59. Following the sale, the chief financial officer directly owned 168,364 shares of the company’s stock, valued at approximately $11,531,250.36. This represents a 14.99% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 109,039 shares of company stock valued at $7,385,681. Company insiders own 1.00% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on VTR. Raymond James Financial reaffirmed an “outperform” rating and issued a $78.00 price target (up from $74.00) on shares of Ventas in a report on Friday, August 22nd. Weiss Ratings reissued a “hold (c+)” rating on shares of Ventas in a research note on Wednesday, October 8th. Argus reissued a “buy” rating and set a $75.00 target price on shares of Ventas in a research note on Tuesday, August 26th. UBS Group started coverage on shares of Ventas in a research note on Friday, September 19th. They set a “neutral” rating and a $73.00 target price for the company. Finally, Cantor Fitzgerald started coverage on shares of Ventas in a research note on Wednesday, October 1st. They set an “overweight” rating and a $77.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, Ventas currently has a consensus rating of “Moderate Buy” and a consensus target price of $75.23.

Ventas Trading Up 0.1%

Shares of NYSE:VTR opened at $67.74 on Monday. The company has a 50 day moving average of $68.39 and a 200-day moving average of $66.38. The firm has a market cap of $30.79 billion, a P/E ratio of 157.53, a P/E/G ratio of 2.50 and a beta of 0.89. Ventas, Inc. has a twelve month low of $56.68 and a twelve month high of $71.36. 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 issued its quarterly earnings results on Wednesday, July 30th. The real estate investment trust reported $0.87 earnings per share for the quarter, topping analysts’ consensus estimates of $0.85 by $0.02. The company had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.37 billion. Ventas had a net margin of 3.61% and a return on equity of 1.75%. The business’s revenue for the quarter was up 18.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.80 EPS. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. As a group, analysts anticipate that Ventas, Inc. will post 3.4 earnings per share for the current fiscal year.

Ventas Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 16th. Stockholders of record on Tuesday, September 30th will be paid a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Tuesday, September 30th. Ventas’s dividend payout ratio is currently 446.51%.

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.