Illinois Municipal Retirement Fund Sells 31,513 Shares of Ventas, Inc. $VTR

Illinois Municipal Retirement Fund trimmed its stake in shares of Ventas, Inc. (NYSE:VTR) by 23.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 104,893 shares of the real estate investment trust’s stock after selling 31,513 shares during the period. Illinois Municipal Retirement Fund’s holdings in Ventas were worth $7,341,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of VTR. Cloud Capital Management LLC purchased a new position in shares of Ventas during the third quarter valued at about $25,000. True Wealth Design LLC boosted its stake in Ventas by 1,557.7% during the third quarter. True Wealth Design LLC now owns 431 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 405 shares during the last quarter. ORG Partners LLC grew its holdings in Ventas by 76.1% during the 3rd quarter. ORG Partners LLC now owns 456 shares of the real estate investment trust’s stock valued at $32,000 after buying an additional 197 shares in the last quarter. Wilmington Savings Fund Society FSB grew its holdings in Ventas by 65.5% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 455 shares of the real estate investment trust’s stock valued at $32,000 after buying an additional 180 shares in the last quarter. Finally, Golden State Wealth Management LLC increased its stake 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 worth $34,000 after acquiring an additional 185 shares during the last quarter. Hedge funds and other institutional investors own 94.18% of the company’s stock.

Insiders Place Their Bets

In other Ventas news, CFO Robert F. Probst sold 29,930 shares of the stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $77.25, for a total value of $2,312,092.50. Following the sale, the chief financial officer owned 138,434 shares in the company, valued at $10,694,026.50. This trade represents a 17.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Debra A. Cafaro sold 10,322 shares of Ventas stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $77.66, for a total value of $801,606.52. Following the sale, the chief executive officer owned 1,114,034 shares of the company’s stock, valued at approximately $86,515,880.44. This trade represents a 0.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 132,400 shares of company stock valued at $10,594,242. Corporate insiders own 0.80% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on VTR. Wells Fargo & Company raised their target price on shares of Ventas from $80.00 to $88.00 and gave the company an “overweight” rating in a report on Tuesday, November 25th. Cantor Fitzgerald reiterated an “overweight” rating and set a $93.00 price objective on shares of Ventas in a research report on Monday, February 9th. Scotiabank lifted their price objective on shares of Ventas from $74.00 to $80.00 and gave the stock a “sector perform” rating in a research note on Thursday, November 13th. Weiss Ratings upgraded shares of Ventas from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, December 29th. Finally, KeyCorp increased their price target on shares of Ventas from $85.00 to $90.00 and gave the company an “overweight” rating in a report on Tuesday. Thirteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $86.87.

Ventas Trading Down 0.1%

Shares of VTR opened at $85.15 on Friday. The company’s fifty day simple moving average is $78.54 and its 200-day simple moving average is $73.81. The company has a market cap of $40.44 billion, a P/E ratio of 157.68, a P/E/G ratio of 2.08 and a beta of 0.77. The company has a current ratio of 0.67, a quick ratio of 0.32 and a debt-to-equity ratio of 1.03. Ventas, Inc. has a twelve month low of $60.15 and a twelve month high of $87.20.

Ventas (NYSE:VTR) last issued its quarterly earnings results on Thursday, February 5th. The real estate investment trust reported $0.15 EPS for the quarter, missing the consensus estimate of $0.89 by ($0.74). Ventas had a net margin of 4.31% and a return on equity of 2.09%. The firm had revenue of ($1,229.71) million for the quarter, compared to the consensus estimate of $1.53 billion. During the same quarter in the previous year, the company posted $0.81 earnings per share. The business’s revenue for the quarter was up 21.7% on a year-over-year basis. Ventas has set its FY 2026 guidance at 3.780-3.880 EPS. As a group, analysts expect that Ventas, Inc. will post 3.4 EPS for the current year.

Ventas Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 16th. Stockholders of record on Tuesday, March 31st will be issued a $0.52 dividend. The ex-dividend date is Tuesday, March 31st. This is a positive change from Ventas’s previous quarterly dividend of $0.48. This represents a $2.08 annualized dividend and a dividend yield of 2.4%. Ventas’s dividend payout ratio (DPR) is currently 385.19%.

About Ventas

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.