Credit Capital Investments LLC purchased a new position in Ventas, Inc. (NYSE:VTR – Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 4,500 shares of the real estate investment trust’s stock, valued at approximately $284,000.
Other institutional investors and hedge funds have also bought and sold shares of the company. Legacy Wealth Asset Management LLC lifted its stake in shares of Ventas by 3.8% in 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 buying an additional 158 shares in the last quarter. Lindbrook Capital LLC raised its holdings in Ventas by 3.9% in the 1st quarter. Lindbrook Capital LLC now owns 4,440 shares of the real estate investment trust’s stock worth $305,000 after acquiring an additional 165 shares during the last quarter. Golden State Wealth Management LLC lifted its position in Ventas by 52.7% in the 2nd quarter. Golden State Wealth Management LLC now owns 536 shares of the real estate investment trust’s stock valued at $34,000 after acquiring an additional 185 shares in the last quarter. Commerzbank Aktiengesellschaft FI lifted its position in 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 acquiring an additional 187 shares in the last quarter. Finally, Smartleaf Asset Management LLC boosted its stake in Ventas by 7.1% during 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 purchasing an additional 193 shares during the last quarter. 94.18% of the stock is currently owned by institutional investors.
Insider Buying and Selling at Ventas
In other Ventas news, CEO Debra A. Cafaro sold 19,250 shares of the business’s stock in a transaction dated Wednesday, November 5th. The stock was sold at an average price of $75.29, for a total transaction of $1,449,332.50. Following the completion of the sale, the chief executive officer owned 1,145,695 shares of the company’s stock, valued at approximately $86,259,376.55. The trade was a 1.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Peter J. Bulgarelli sold 870 shares of the company’s stock in a transaction dated Wednesday, November 5th. The stock was sold at an average price of $75.28, for a total value of $65,493.60. Following the completion of the sale, the chief executive officer owned 111,694 shares of the company’s stock, valued at approximately $8,408,324.32. The trade was a 0.77% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 619,027 shares of company stock valued at $45,212,873 over the last 90 days. 0.80% of the stock is currently owned by company insiders.
Ventas Trading Up 1.0%
Ventas (NYSE:VTR – Get Free Report) last posted its quarterly earnings data 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. The company had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.44 billion. Ventas had a net margin of 4.28% and a return on equity of 2.10%. The firm’s revenue was up 20.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.80 earnings per share. Ventas has set its FY 2025 guidance at 3.450-3.480 EPS. Analysts predict that Ventas, Inc. will post 3.4 EPS for the current year.
Ventas Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 16th. Stockholders of record on Tuesday, September 30th were given a dividend of $0.48 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.5%. Ventas’s payout ratio is presently 369.23%.
Analyst Upgrades and Downgrades
A number of research analysts have recently issued reports on VTR shares. Scotiabank upped their price target on Ventas from $72.00 to $74.00 and gave the company a “sector perform” rating in a report on Thursday, August 28th. Wells Fargo & Company boosted their target price on Ventas from $77.00 to $80.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 21st. Citigroup raised their price target on shares of Ventas from $80.00 to $88.00 and gave the company a “buy” rating in a report on Tuesday. 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. Finally, Weiss Ratings downgraded shares of Ventas from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, November 7th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, Ventas presently has an average rating of “Moderate Buy” and an average price target of $76.93.
View Our Latest Analysis on VTR
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.
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