Corient Private Wealth LLC Cuts Holdings in Ventas, Inc. $VTR

Corient Private Wealth LLC lessened its position in shares of Ventas, Inc. (NYSE:VTR) by 8.3% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 83,790 shares of the real estate investment trust’s stock after selling 7,547 shares during the period. Corient Private Wealth LLC’s holdings in Ventas were worth $5,292,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Ameritas Advisory Services LLC purchased a new stake in shares of Ventas during the 2nd quarter worth approximately $33,000. Golden State Wealth Management LLC increased its holdings in shares of Ventas by 52.7% in the second 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. Elevation Point Wealth Partners LLC acquired a new stake in shares of Ventas in the 2nd quarter worth $35,000. IFP Advisors Inc boosted its holdings in Ventas by 61.3% in the 2nd quarter. IFP Advisors Inc now owns 974 shares of the real estate investment trust’s stock valued at $62,000 after purchasing an additional 370 shares in the last quarter. Finally, CYBER HORNET ETFs LLC acquired a new position in Ventas during the second quarter worth $67,000. Institutional investors and hedge funds own 94.18% of the company’s stock.

Insider Activity

In related news, CEO Peter J. Bulgarelli sold 3,924 shares of the firm’s stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $75.00, for a total transaction of $294,300.00. Following the transaction, the chief executive officer owned 112,564 shares in the company, valued at $8,442,300. This trade represents a 3.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Robert F. Probst sold 33,591 shares of Ventas stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $76.77, for a total value of $2,578,781.07. Following the transaction, the chief financial officer owned 168,364 shares in the company, valued at approximately $12,925,304.28. This trade represents a 16.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 688,184 shares of company stock worth $50,726,248 over the last three months. Corporate insiders own 0.80% of the company’s stock.

Ventas Stock Down 1.0%

NYSE:VTR opened at $79.13 on Friday. The company has a current ratio of 0.32, a quick ratio of 0.32 and a debt-to-equity ratio of 1.01. The firm has a market capitalization of $37.17 billion, a PE ratio of 152.18, a price-to-earnings-growth ratio of 1.99 and a beta of 0.78. Ventas, Inc. has a 52 week low of $56.68 and a 52 week high of $81.89. The stock has a 50 day moving average of $76.06 and a 200-day moving average of $69.84.

Ventas (NYSE:VTR) last announced its quarterly 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. Ventas had a net margin of 4.28% and a return on equity of 2.05%. The company had revenue of $1.49 billion during the quarter, compared to the consensus estimate of $1.44 billion. During the same quarter in the previous year, the company posted $0.80 earnings per share. The company’s revenue for the quarter was up 20.5% compared to the same quarter last year. Ventas has set its FY 2025 guidance at 3.450-3.480 EPS. Analysts predict that Ventas, Inc. will post 3.4 EPS for the current year.

Ventas Announces Dividend

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 issued a $0.48 dividend. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $1.92 annualized dividend and a yield of 2.4%. Ventas’s dividend payout ratio is presently 369.23%.

Wall Street Analysts Forecast Growth

VTR has been the topic of a number of research reports. Cantor Fitzgerald upped their price target on Ventas from $77.00 to $85.00 and gave the stock an “overweight” rating in a report on Friday, October 31st. UBS Group initiated coverage on shares of Ventas in a report on Friday, September 19th. They set a “neutral” rating and a $73.00 price objective on the stock. Weiss Ratings downgraded Ventas from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, December 15th. Evercore ISI increased their price target on Ventas from $77.00 to $80.00 and gave the company an “outperform” rating in a report on Monday, September 15th. Finally, Scotiabank upped their target price 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. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $79.31.

Ventas Company Profile

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.