FJ Capital Management LLC purchased a new position in shares of Ventas, Inc. (NYSE:VTR – Free Report) in the fourth quarter, HoldingsChannel.com reports. The fund purchased 6,390 shares of the real estate investment trust’s stock, valued at approximately $494,000.
Other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. grew its holdings in Ventas by 3.2% during the fourth quarter. Vanguard Group Inc. now owns 75,948,003 shares of the real estate investment trust’s stock valued at $5,876,856,000 after purchasing an additional 2,349,176 shares during the period. JPMorgan Chase & Co. grew its holdings in Ventas by 1.3% during the third quarter. JPMorgan Chase & Co. now owns 29,701,300 shares of the real estate investment trust’s stock valued at $2,078,794,000 after purchasing an additional 387,495 shares during the period. State Street Corp grew its holdings in Ventas by 2.5% during the fourth quarter. State Street Corp now owns 29,662,635 shares of the real estate investment trust’s stock valued at $2,309,234,000 after purchasing an additional 735,620 shares during the period. Geode Capital Management LLC grew its holdings in Ventas by 3.8% during the fourth quarter. Geode Capital Management LLC now owns 12,988,943 shares of the real estate investment trust’s stock valued at $1,001,447,000 after purchasing an additional 475,633 shares during the period. Finally, Capital World Investors acquired a new position in Ventas during the fourth quarter valued at approximately $594,116,000. 94.18% of the stock is owned by institutional investors.
Insider Transactions at Ventas
In other Ventas news, Director Walter C. Rakowich sold 1,152 shares of the stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $90.20, for a total transaction of $103,910.40. Following the sale, the director directly owned 28,349 shares in the company, valued at $2,557,079.80. This represents a 3.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Michael J. Embler acquired 2,500 shares of Ventas stock in a transaction on Wednesday, June 3rd. The shares were purchased at an average price of $78.81 per share, for a total transaction of $197,025.00. Following the completion of the purchase, the director directly owned 19,202 shares of the company’s stock, valued at approximately $1,513,309.62. This represents a 14.97% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 0.53% of the stock is currently owned by company insiders.
Ventas Stock Performance
Ventas (NYSE:VTR – Get Free Report) last issued its quarterly earnings data on Monday, April 27th. The real estate investment trust reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.01). Ventas had a net margin of 4.25% and a return on equity of 2.09%. The company had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.59 billion. During the same period in the previous year, the company earned $0.84 earnings per share. Ventas’s revenue for the quarter was up 22.0% compared to the same quarter last year. Ventas has set its FY 2026 guidance at 3.820-3.890 EPS. As a group, research analysts anticipate that Ventas, Inc. will post 3.88 EPS for the current year.
Ventas Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 16th. Investors of record on Tuesday, June 30th will be given a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Tuesday, June 30th. Ventas’s dividend payout ratio (DPR) is currently 378.18%.
Analyst Ratings Changes
VTR has been the subject of a number of analyst reports. Wells Fargo & Company boosted their price objective on shares of Ventas from $93.00 to $96.00 and gave the company an “overweight” rating in a report on Monday, June 1st. Evercore restated an “outperform” rating and set a $95.00 price objective on shares of Ventas in a report on Wednesday, April 29th. UBS Group upped their price target on shares of Ventas from $85.00 to $93.00 and gave the company a “neutral” rating in a report on Monday, May 4th. Jefferies Financial Group upped their price target on shares of Ventas from $97.00 to $100.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Ventas in a report on Friday, March 27th. Fourteen analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $95.19.
Read Our Latest Report on Ventas
Ventas Company Profile
Ventas, Inc (NYSE: VTR) is a real estate investment trust (REIT) that specializes in healthcare-related real estate. The company acquires, owns and manages a diversified portfolio of properties serving the healthcare continuum, including senior housing communities, skilled nursing facilities, medical office buildings, life science and research centers, and other properties leased to healthcare providers and operators. Ventas generates revenue through long-term leases, property management and selective development activities focused on meeting the real estate needs of the healthcare sector.
Ventas’ business model combines property ownership with active asset management and capital markets activity.
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