UniSuper Management Pty Ltd Increases Position in Ventas, Inc. $VTR

UniSuper Management Pty Ltd increased its position in shares of Ventas, Inc. (NYSE:VTR) by 7.2% in the third quarter, HoldingsChannel.com reports. The firm owned 180,288 shares of the real estate investment trust’s stock after acquiring an additional 12,146 shares during the quarter. UniSuper Management Pty Ltd’s holdings in Ventas were worth $12,618,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of VTR. Aberdeen Group plc lifted its holdings in Ventas by 2.5% during the 2nd quarter. Aberdeen Group plc now owns 1,460,098 shares of the real estate investment trust’s stock worth $90,409,000 after buying an additional 35,965 shares during the last quarter. Investment Management Corp of Ontario raised its position in shares of Ventas by 1,019.0% during the 2nd quarter. Investment Management Corp of Ontario now owns 133,061 shares of the real estate investment trust’s stock worth $8,403,000 after acquiring an additional 121,170 shares in the last quarter. Hudson Bay Capital Management LP purchased a new stake in Ventas during the second quarter worth approximately $17,568,000. SCS Capital Management LLC purchased a new stake in Ventas during the second quarter worth approximately $13,788,000. Finally, Brighton Jones LLC acquired a new position in Ventas in the third quarter valued at approximately $652,000. Hedge funds and other institutional investors own 94.18% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on VTR shares. KeyCorp raised their price objective on shares of Ventas from $70.00 to $85.00 and gave the stock an “overweight” rating in a report on Thursday, December 4th. Wells Fargo & Company lifted their price target on shares of Ventas from $80.00 to $88.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 25th. Scotiabank upped their price objective on shares of Ventas from $74.00 to $80.00 and gave the company a “sector perform” rating in a research note on Thursday, November 13th. Citigroup raised their price objective on Ventas from $80.00 to $88.00 and gave the stock a “buy” rating in a report on Tuesday, November 11th. Finally, Weiss Ratings upgraded Ventas from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, December 29th. Fourteen investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $81.63.

Ventas Stock Up 0.5%

Shares of NYSE:VTR opened at $76.94 on Friday. The stock has a market cap of $36.14 billion, a P/E ratio of 147.95, a P/E/G ratio of 1.91 and a beta of 0.78. The firm has a fifty day moving average price of $78.51 and a 200 day moving average price of $72.36. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.32 and a quick ratio of 0.32. Ventas, Inc. has a 1-year low of $58.72 and a 1-year high of $81.89.

Ventas (NYSE:VTR) last posted its quarterly earnings data on Wednesday, October 29th. The real estate investment trust reported $0.88 EPS for the quarter, beating analysts’ consensus estimates of $0.87 by $0.01. Ventas had a net margin of 4.28% and a return on equity of 2.05%. The company had revenue of $1.49 billion for the quarter, compared to analyst estimates of $1.44 billion. During the same period in the previous year, the business posted $0.80 earnings per share. Ventas’s quarterly revenue was up 20.5% on a year-over-year basis. Ventas has set its FY 2025 guidance at 3.450-3.480 EPS. Sell-side analysts predict that Ventas, Inc. will post 3.4 EPS for the current year.

Ventas Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were paid a dividend of $0.48 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $1.92 annualized dividend and a yield of 2.5%. Ventas’s dividend payout ratio is currently 369.23%.

Insiders Place Their Bets

In other Ventas news, CEO Debra A. Cafaro sold 10,322 shares of Ventas stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $77.26, for a total value of $797,477.72. Following the transaction, the chief executive officer directly owned 1,145,695 shares in the company, valued at approximately $88,516,395.70. This trade represents a 0.89% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Peter J. Bulgarelli sold 2,229 shares of the business’s stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $80.08, for a total value of $178,498.32. Following the completion of the transaction, the chief executive officer directly owned 106,488 shares in the company, valued at approximately $8,527,559.04. The trade was a 2.05% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 494,005 shares of company stock valued at $37,132,767. 0.80% of the stock is owned by company insiders.

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.