Arrowstreet Capital Limited Partnership Decreases Stake in Ventas, Inc. $VTR

Arrowstreet Capital Limited Partnership cut its holdings in shares of Ventas, Inc. (NYSE:VTR) by 16.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 120,779 shares of the real estate investment trust’s stock after selling 24,536 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in Ventas were worth $7,627,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Ameritas Investment Partners Inc. boosted its holdings in Ventas by 3.8% in the second quarter. Ameritas Investment Partners Inc. now owns 4,260 shares of the real estate investment trust’s stock valued at $269,000 after purchasing an additional 155 shares during the last quarter. Legacy Wealth Asset Management LLC raised its position in shares of Ventas by 3.8% in the 2nd quarter. Legacy Wealth Asset Management LLC now owns 4,335 shares of the real estate investment trust’s stock valued at $274,000 after purchasing an additional 158 shares in the last quarter. Golden State Wealth Management LLC boosted its stake in shares of Ventas by 52.7% during 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 buying an additional 185 shares during the last quarter. Commerzbank Aktiengesellschaft FI boosted its stake in shares of Ventas by 4.3% during the 2nd quarter. Commerzbank Aktiengesellschaft FI now owns 4,546 shares of the real estate investment trust’s stock valued at $288,000 after buying an additional 187 shares during the last quarter. Finally, Smartleaf Asset Management LLC grew its position in shares of Ventas by 7.1% during the first quarter. Smartleaf Asset Management LLC now owns 2,896 shares of the real estate investment trust’s stock worth $199,000 after buying an additional 193 shares in the last quarter. 94.18% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CEO Debra A. Cafaro sold 41,294 shares of the company’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $79.01, for a total transaction of $3,262,638.94. Following the completion of the transaction, the chief executive officer owned 1,145,695 shares in the company, valued at approximately $90,521,361.95. This represents a 3.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Peter J. Bulgarelli sold 2,229 shares of Ventas stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $80.08, for a total transaction of $178,498.32. Following the completion of the sale, the chief executive officer owned 106,488 shares in the company, valued at approximately $8,527,559.04. This represents a 2.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 688,590 shares of company stock valued at $50,754,668 over the last three months. Company insiders own 0.80% of the company’s stock.

Ventas Price Performance

VTR opened at $77.55 on Thursday. The company has a quick ratio of 0.32, a current ratio of 0.32 and a debt-to-equity ratio of 1.01. The company’s 50-day moving average price is $74.68 and its 200 day moving average price is $69.13. Ventas, Inc. has a fifty-two week low of $56.68 and a fifty-two week high of $81.89. The firm has a market cap of $36.43 billion, a price-to-earnings ratio of 149.14, a price-to-earnings-growth ratio of 2.02 and a beta of 0.78.

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

Ventas Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. KeyCorp upped their price target on shares of Ventas from $70.00 to $85.00 and gave the company an “overweight” rating in a report on Thursday, December 4th. Argus reissued a “buy” rating and issued a $75.00 target price on shares of Ventas in a research report on Tuesday, August 26th. Weiss Ratings restated a “buy (b-)” rating on shares of Ventas in a research note on Monday. Morgan Stanley increased their price target on shares of Ventas from $70.00 to $75.00 and gave the stock an “equal weight” rating in a research report on Friday, August 15th. Finally, Evercore ISI boosted their price objective on Ventas from $77.00 to $80.00 and gave the company an “outperform” rating in a report on Monday, September 15th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $78.40.

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.