Sumitomo Mitsui DS Asset Management Company Ltd Purchases 7,769 Shares of Ventas, Inc. $VTR

Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in Ventas, Inc. (NYSE:VTR) by 5.5% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 149,411 shares of the real estate investment trust’s stock after purchasing an additional 7,769 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Ventas were worth $9,435,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Nuveen LLC acquired a new stake in Ventas in the first quarter valued at approximately $359,113,000. JPMorgan Chase & Co. boosted its stake in Ventas by 9.5% in the first quarter. JPMorgan Chase & Co. now owns 32,347,333 shares of the real estate investment trust’s stock valued at $2,224,203,000 after acquiring an additional 2,811,241 shares in the last quarter. Vanguard Group Inc. boosted its stake in Ventas by 3.7% in the first quarter. Vanguard Group Inc. now owns 68,941,561 shares of the real estate investment trust’s stock valued at $4,740,422,000 after acquiring an additional 2,440,551 shares in the last quarter. AQR Capital Management LLC boosted its stake in Ventas by 289.6% in the first quarter. AQR Capital Management LLC now owns 1,603,300 shares of the real estate investment trust’s stock valued at $110,243,000 after acquiring an additional 1,191,773 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in Ventas by 40.7% in the first quarter. Goldman Sachs Group Inc. now owns 3,649,367 shares of the real estate investment trust’s stock valued at $250,930,000 after acquiring an additional 1,056,447 shares in the last quarter. 94.18% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, CFO Robert F. Probst sold 168,318 shares of the business’s stock in a transaction on Monday, July 14th. The shares were sold at an average price of $65.36, for a total transaction of $11,001,264.48. Following the completion of the transaction, the chief financial officer directly owned 168,364 shares in the company, valued at $11,004,271.04. The trade was a 49.99% 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 14,753 shares of the business’s stock in a transaction on Monday, July 14th. The shares were sold at an average price of $65.60, for a total transaction of $967,796.80. Following the transaction, the chief executive officer owned 1,145,695 shares of the company’s stock, valued at $75,157,592. This represents a 1.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 277,194 shares of company stock valued at $18,307,501 over the last 90 days. 0.80% of the stock is currently owned by insiders.

Ventas Trading Up 1.0%

NYSE:VTR opened at $68.03 on Friday. Ventas, Inc. has a 12 month low of $56.68 and a 12 month high of $71.36. The firm has a fifty day simple moving average of $67.61 and a 200-day simple moving average of $66.30. 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 capitalization of $30.92 billion, a P/E ratio of 158.20, a PEG ratio of 2.48 and a beta of 0.87.

Ventas (NYSE:VTR) last posted its 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 company 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 firm’s quarterly revenue was up 18.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.80 earnings per share. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. On average, equities research analysts anticipate that Ventas, Inc. will post 3.4 earnings per share for the current year.

Ventas Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 16th. Investors of record on Tuesday, September 30th will be given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 2.8%. Ventas’s dividend payout ratio is presently 446.51%.

Analyst Ratings Changes

VTR has been the subject of several recent analyst reports. Morgan Stanley raised their target price on shares of Ventas from $70.00 to $75.00 and gave the company an “equal weight” rating in a research note on Friday, August 15th. Scotiabank raised their target price on shares of Ventas from $72.00 to $74.00 and gave the company a “sector perform” rating in a research note on Thursday, August 28th. Raymond James Financial restated an “outperform” rating and issued a $78.00 target price (up from $74.00) on shares of Ventas in a research note on Friday, August 22nd. JPMorgan Chase & Co. raised their target price on shares of Ventas from $72.00 to $76.00 and gave the company an “overweight” rating in a research note on Tuesday, August 26th. Finally, Argus restated a “buy” rating and issued a $75.00 target price on shares of Ventas in a research note on Tuesday, August 26th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $75.27.

Ventas Company 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.