Exchange Traded Concepts LLC boosted its holdings in shares of Ventas, Inc. (NYSE:VTR – Free Report) by 287.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 40,578 shares of the real estate investment trust’s stock after acquiring an additional 30,100 shares during the period. Exchange Traded Concepts LLC’s holdings in Ventas were worth $2,840,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Ameritas Advisory Services LLC acquired a new stake in shares of Ventas during the second quarter worth about $33,000. Golden State Wealth Management LLC increased its stake in 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 worth $34,000 after purchasing an additional 185 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in Ventas during the 2nd quarter worth approximately $35,000. IFP Advisors Inc lifted its stake in Ventas by 61.3% in the second quarter. IFP Advisors Inc now owns 974 shares of the real estate investment trust’s stock valued at $62,000 after buying an additional 370 shares in the last quarter. Finally, CYBER HORNET ETFs LLC acquired a new position in shares of Ventas in the second quarter valued at approximately $67,000. 94.18% of the stock is owned by institutional investors and hedge funds.
Insider Activity
In related news, CEO Debra A. Cafaro sold 317,258 shares of the firm’s stock in a transaction dated Thursday, October 30th. The shares were sold at an average price of $74.24, for a total value of $23,553,233.92. Following the completion of the sale, the chief executive officer directly owned 1,145,695 shares in the company, valued at approximately $85,056,396.80. This trade represents a 21.69% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Peter J. Bulgarelli sold 3,924 shares of Ventas stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $75.00, for a total value of $294,300.00. Following the transaction, the chief executive officer owned 112,564 shares of the company’s stock, valued at $8,442,300. The trade was a 3.37% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 688,184 shares of company stock valued at $50,726,248 in the last quarter. Company insiders own 0.80% of the company’s stock.
Analyst Upgrades and Downgrades
Read Our Latest Report on Ventas
Ventas Stock Performance
VTR opened at $79.62 on Friday. The business’s 50-day simple moving average is $76.94 and its 200 day simple moving average is $70.24. Ventas, Inc. has a 52-week low of $56.68 and a 52-week high of $81.89. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.32 and a current ratio of 0.32. The firm has a market capitalization of $37.40 billion, a PE ratio of 153.12, a PEG ratio of 2.01 and a beta of 0.78.
Ventas (NYSE:VTR – Get Free Report) last posted its quarterly earnings results on Wednesday, October 29th. The real estate investment trust reported $0.88 earnings per share for the quarter, topping the consensus estimate of $0.87 by $0.01. The firm had revenue of $1.49 billion for 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 quarterly revenue was up 20.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.80 EPS. 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 fiscal year.
Ventas Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st will be paid a $0.48 dividend. The ex-dividend date is Wednesday, December 31st. This represents a $1.92 dividend on an annualized basis and a yield of 2.4%. Ventas’s dividend payout ratio (DPR) is currently 369.23%.
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.
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