Ventas, Inc. $VTR Shares Sold by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund lowered its stake in Ventas, Inc. (NYSE:VTR) by 12.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 136,406 shares of the real estate investment trust’s stock after selling 19,898 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in Ventas were worth $8,614,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Larson Financial Group LLC grew its stake in shares of Ventas by 1,334.6% in the 1st quarter. Larson Financial Group LLC now owns 373 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 347 shares during the last quarter. Ameritas Advisory Services LLC acquired a new stake in shares of Ventas in the second quarter worth $33,000. Golden State Wealth Management LLC increased its holdings in shares of 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 purchasing an additional 185 shares during the period. Zions Bancorporation National Association UT acquired a new stake in shares of Ventas during the 1st quarter valued at $41,000. Finally, Bank Julius Baer & Co. Ltd Zurich acquired a new position in Ventas in the 1st quarter worth about $41,000. 94.18% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on VTR shares. JPMorgan Chase & Co. boosted their target price on Ventas from $72.00 to $76.00 and gave the stock an “overweight” rating in a report on Tuesday, August 26th. UBS Group initiated coverage on Ventas in a report on Friday, September 19th. They set a “neutral” rating and a $73.00 price objective on the stock. Cantor Fitzgerald upped their target price on shares of Ventas from $77.00 to $85.00 and gave the company an “overweight” rating in a research note on Friday, October 31st. Evercore ISI increased their price objective on Ventas from $77.00 to $80.00 and gave the stock an “outperform” rating in a research note on Monday, September 15th. Finally, Raymond James Financial reiterated an “outperform” rating and issued a $78.00 target price (up previously from $74.00) on shares of Ventas in a research note on Friday, August 22nd. One equities research 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’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $76.93.

Insider Buying and Selling

In related news, CEO Debra A. Cafaro sold 19,250 shares of the business’s stock in a transaction that occurred on Wednesday, November 5th. The stock was sold at an average price of $75.29, for a total value of $1,449,332.50. Following the completion of the transaction, the chief executive officer directly owned 1,145,695 shares in the company, valued at approximately $86,259,376.55. The trade was a 1.65% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Peter J. Bulgarelli sold 870 shares of the stock in a transaction on Wednesday, November 5th. The stock was sold at an average price of $75.28, for a total transaction of $65,493.60. Following the sale, the chief executive officer directly owned 111,694 shares of the company’s stock, valued at $8,408,324.32. This represents a 0.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 618,987 shares of company stock worth $45,209,845 over the last quarter. 0.80% of the stock is currently owned by corporate insiders.

Ventas Stock Performance

Shares of NYSE:VTR opened at $76.12 on Wednesday. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 1.13. Ventas, Inc. has a 1-year low of $56.68 and a 1-year high of $76.62. The stock has a market capitalization of $35.76 billion, a P/E ratio of 146.38, a P/E/G ratio of 2.36 and a beta of 0.88. The business has a 50-day moving average price of $70.08 and a two-hundred day moving average price of $67.13.

Ventas (NYSE:VTR) last issued its earnings results on Wednesday, October 29th. The real estate investment trust reported $0.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.87 by $0.01. The company had revenue of $1.49 billion for the quarter, compared to analyst estimates of $1.44 billion. Ventas had a net margin of 4.28% and a return on equity of 2.10%. The company’s revenue for the quarter was up 20.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.80 EPS. Ventas has set its FY 2025 guidance at 3.450-3.480 EPS. Equities analysts predict that Ventas, Inc. will post 3.4 earnings per share for the current year.

Ventas Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 16th. Investors of record on Tuesday, September 30th were issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date was Tuesday, September 30th. Ventas’s dividend payout ratio is currently 369.23%.

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.