Ventas, Inc. $VTR Shares Bought by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D boosted its position in shares of Ventas, Inc. (NYSE:VTR) by 0.6% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 376,297 shares of the real estate investment trust’s stock after acquiring an additional 2,379 shares during the period. State of New Jersey Common Pension Fund D owned about 0.08% of Ventas worth $23,763,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Carrera Capital Advisors grew its holdings in Ventas by 13.3% during the 2nd quarter. Carrera Capital Advisors now owns 71,555 shares of the real estate investment trust’s stock worth $4,553,000 after acquiring an additional 8,382 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its holdings in shares of Ventas by 13,677.8% in the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 1,240 shares of the real estate investment trust’s stock valued at $78,000 after buying an additional 1,231 shares in the last quarter. Asset Management One Co. Ltd. boosted its holdings in shares of Ventas by 5.3% in the 2nd quarter. Asset Management One Co. Ltd. now owns 921,752 shares of the real estate investment trust’s stock valued at $58,209,000 after buying an additional 46,125 shares in the last quarter. Patten Group Inc. boosted its holdings in shares of Ventas by 3.7% in the 2nd quarter. Patten Group Inc. now owns 6,237 shares of the real estate investment trust’s stock valued at $394,000 after buying an additional 223 shares in the last quarter. Finally, D.A. Davidson & CO. boosted its holdings in shares of Ventas by 1.9% in the 2nd quarter. D.A. Davidson & CO. now owns 34,148 shares of the real estate investment trust’s stock valued at $2,156,000 after buying an additional 623 shares in the last quarter. Institutional investors and hedge funds own 94.18% of the company’s stock.

Ventas Stock Performance

Shares of VTR opened at $70.38 on Friday. The company has a 50-day simple moving average of $68.66 and a 200-day simple moving average of $66.56. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 1.13. The company has a market capitalization of $31.99 billion, a PE ratio of 163.68, a P/E/G ratio of 2.37 and a beta of 0.89. Ventas, Inc. has a 52-week low of $56.68 and a 52-week high of $72.02.

Ventas (NYSE:VTR) last announced its quarterly earnings results on Wednesday, July 30th. The real estate investment trust reported $0.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.85 by $0.02. The business had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.37 billion. Ventas had a net margin of 3.61% and a return on equity of 1.75%. The business’s revenue was up 18.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.80 EPS. 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. Shareholders of record on Tuesday, September 30th were issued a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 2.7%. The ex-dividend date was Tuesday, September 30th. Ventas’s dividend payout ratio (DPR) is 446.51%.

Insider Buying and Selling at Ventas

In other Ventas news, CFO Robert F. Probst sold 29,691 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the chief financial officer directly owned 168,364 shares in the company, valued at approximately $11,531,250.36. This trade represents a 14.99% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Peter J. Bulgarelli sold 2,554 shares of Ventas stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $70.26, for a total transaction of $179,444.04. Following the sale, the chief executive officer owned 116,488 shares of the company’s stock, valued at approximately $8,184,446.88. This trade represents a 2.15% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 289,072 shares of company stock worth $20,427,497. 0.80% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

VTR has been the subject of several research analyst reports. Evercore ISI upped their target price on shares of Ventas from $77.00 to $80.00 and gave the company an “outperform” rating in a report on Monday, September 15th. Cantor Fitzgerald began coverage on shares of Ventas in a research report on Wednesday, October 1st. They issued an “overweight” rating and a $77.00 price target for the company. Raymond James Financial reiterated an “outperform” rating and issued a $78.00 price target (up previously from $74.00) on shares of Ventas in a research report on Friday, August 22nd. Argus reiterated a “buy” rating and issued a $75.00 price target on shares of Ventas in a research report on Tuesday, August 26th. Finally, UBS Group began coverage on shares of Ventas in a research report on Friday, September 19th. They set a “neutral” rating and a $73.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $75.46.

About Ventas

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.