VIRGINIA RETIREMENT SYSTEMS ET Al Purchases Shares of 219,970 Ventas, Inc. $VTR

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Ventas, Inc. (NYSE:VTR) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 219,970 shares of the real estate investment trust’s stock, valued at approximately $13,891,000.

Several other institutional investors have also made changes to their positions in VTR. Spirit of America Management Corp NY raised its position in Ventas by 33.5% in the second quarter. Spirit of America Management Corp NY now owns 15,950 shares of the real estate investment trust’s stock worth $1,007,000 after purchasing an additional 4,000 shares in the last quarter. Chevy Chase Trust Holdings LLC raised its holdings in shares of Ventas by 4.0% in the 2nd quarter. Chevy Chase Trust Holdings LLC now owns 238,389 shares of the real estate investment trust’s stock worth $15,054,000 after buying an additional 9,114 shares in the last quarter. Easterly Investment Partners LLC bought a new position in shares of Ventas during the 2nd quarter worth approximately $18,991,000. Stratos Wealth Partners LTD. boosted its stake in Ventas by 24.4% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 4,763 shares of the real estate investment trust’s stock valued at $301,000 after buying an additional 935 shares in the last quarter. Finally, Nordea Investment Management AB boosted its stake in Ventas by 1,042.6% in the 2nd quarter. Nordea Investment Management AB now owns 386,881 shares of the real estate investment trust’s stock valued at $24,064,000 after buying an additional 353,022 shares in the last quarter. 94.18% of the stock is currently owned by institutional investors and hedge funds.

Ventas Stock Performance

Shares of NYSE:VTR opened at $70.65 on Monday. The business has a fifty day moving average of $68.42 and a 200-day moving average of $66.37. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.68 and a current ratio of 0.68. Ventas, Inc. has a twelve month low of $56.68 and a twelve month high of $71.36. The firm has a market cap of $32.11 billion, a PE ratio of 164.30, a price-to-earnings-growth ratio of 2.60 and a beta of 0.89.

Ventas (NYSE:VTR) last issued its quarterly earnings data on Wednesday, July 30th. The real estate investment trust reported $0.87 EPS for the quarter, topping analysts’ consensus estimates of $0.85 by $0.02. The firm had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.37 billion. Ventas had a net margin of 3.61% and a return on equity of 1.75%. The company’s revenue was up 18.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.80 EPS. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. On average, equities research analysts predict that Ventas, Inc. will post 3.4 EPS for the current fiscal year.

Ventas Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 16th. Investors of record on Tuesday, September 30th were given a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 2.7%. The ex-dividend date was Tuesday, September 30th. Ventas’s payout ratio is 446.51%.

Analyst Ratings Changes

VTR has been the subject of several recent analyst reports. UBS Group started coverage on Ventas in a research note on Friday, September 19th. They set a “neutral” rating and a $73.00 price objective for the company. JPMorgan Chase & Co. increased their target price on shares of Ventas from $72.00 to $76.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 26th. Cantor Fitzgerald started coverage on shares of Ventas in a report on Wednesday, October 1st. They set an “overweight” rating and a $77.00 price target for the company. Scotiabank boosted their price target on shares of Ventas from $72.00 to $74.00 and gave the company a “sector perform” rating in a research report on Thursday, August 28th. Finally, Evercore ISI upped their price objective on shares of Ventas from $77.00 to $80.00 and gave the stock an “outperform” rating in a research note on Monday, September 15th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $75.23.

Insider Buying and Selling

In other news, CEO Peter J. Bulgarelli sold 2,554 shares of Ventas stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $70.26, for a total value of $179,444.04. Following the completion of the sale, the chief executive officer directly owned 116,488 shares of the company’s stock, valued at approximately $8,184,446.88. This trade represents a 2.15% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Debra A. Cafaro sold 10,322 shares of the business’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $70.24, for a total value of $725,017.28. Following the sale, the chief executive officer owned 1,145,695 shares of the company’s stock, valued at approximately $80,473,616.80. The trade was a 0.89% decrease in their position. The disclosure for this sale can be found here. Insiders sold 69,557 shares of company stock worth $4,771,687 in the last quarter. Insiders own 1.00% of the company’s stock.

Ventas 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.