D.A. Davidson & CO. Acquires 623 Shares of Ventas, Inc. $VTR

D.A. Davidson & CO. increased its holdings in shares of Ventas, Inc. (NYSE:VTR) by 1.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 34,148 shares of the real estate investment trust’s stock after acquiring an additional 623 shares during the quarter. D.A. Davidson & CO.’s holdings in Ventas were worth $2,156,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. Legacy Wealth Asset Management LLC increased its position in Ventas by 3.8% during the second quarter. Legacy Wealth Asset Management LLC now owns 4,335 shares of the real estate investment trust’s stock worth $274,000 after acquiring an additional 158 shares during the period. Securian Asset Management Inc. increased its position in Ventas by 1.9% during the second quarter. Securian Asset Management Inc. now owns 23,594 shares of the real estate investment trust’s stock worth $1,490,000 after acquiring an additional 439 shares during the period. DekaBank Deutsche Girozentrale increased its position in Ventas by 1.2% during the second quarter. DekaBank Deutsche Girozentrale now owns 168,881 shares of the real estate investment trust’s stock worth $10,567,000 after acquiring an additional 1,983 shares during the period. Stephens Inc. AR grew its stake in Ventas by 7.2% during the second quarter. Stephens Inc. AR now owns 4,987 shares of the real estate investment trust’s stock worth $315,000 after buying an additional 333 shares in the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in Ventas during the second quarter worth about $13,891,000. 94.18% of the stock is owned by institutional investors.

Ventas Trading Up 0.6%

VTR opened at $70.38 on Monday. The company’s 50 day moving average is $68.66 and its 200-day moving average is $66.58. Ventas, Inc. has a 1-year low of $56.68 and a 1-year high of $72.02. 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 company has a market cap of $31.99 billion, a P/E ratio of 163.68, a PEG ratio of 2.38 and a beta of 0.89.

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

Ventas Announces Dividend

The firm also recently announced 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 annualized dividend and a yield of 2.7%. Ventas’s dividend payout ratio (DPR) is currently 446.51%.

Insider Buying and Selling

In related news, CEO Peter J. Bulgarelli sold 2,554 shares of Ventas 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 in the company, valued at $8,184,446.88. This trade represents a 2.15% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Robert F. Probst sold 29,691 shares of Ventas stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $68.49, for a total transaction of $2,033,536.59. Following the sale, the chief financial officer owned 168,364 shares in the company, 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. Insiders have sold a total of 289,072 shares of company stock worth $20,427,497 in the last ninety days. Company insiders own 1.00% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on VTR. Raymond James Financial reiterated an “outperform” rating and set a $78.00 price objective (up from $74.00) on shares of Ventas in a research note on Friday, August 22nd. Weiss Ratings upgraded shares of Ventas from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday. Scotiabank increased their price objective on shares of Ventas from $72.00 to $74.00 and gave the stock a “sector perform” rating in a research note on Thursday, August 28th. Evercore ISI increased their price objective 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. Finally, Argus reiterated a “buy” rating and set a $75.00 price objective on shares of Ventas in a research note on Tuesday, August 26th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Ventas presently has a consensus rating of “Moderate Buy” and a consensus 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.