SCS Capital Management LLC Buys Shares of 216,900 Ventas, Inc. $VTR

SCS Capital Management LLC purchased a new position in shares of Ventas, Inc. (NYSE:VTR) in the 2nd quarter, HoldingsChannel.com reports. The firm purchased 216,900 shares of the real estate investment trust’s stock, valued at approximately $13,788,000.

A number of other institutional investors have also modified their holdings of VTR. Ethic Inc. lifted its holdings in Ventas by 27.9% during the 1st quarter. Ethic Inc. now owns 66,748 shares of the real estate investment trust’s stock worth $4,624,000 after buying an additional 14,568 shares during the last quarter. Nicola Wealth Management LTD. acquired a new stake in shares of Ventas during the 1st quarter worth about $1,169,000. Cbre Investment Management Listed Real Assets LLC lifted its stake in Ventas by 25.7% during the first quarter. Cbre Investment Management Listed Real Assets LLC now owns 376,973 shares of the real estate investment trust’s stock worth $25,921,000 after purchasing an additional 77,066 shares during the last quarter. Nordea Investment Management AB lifted its stake in Ventas by 1,042.6% during the second quarter. Nordea Investment Management AB now owns 386,881 shares of the real estate investment trust’s stock worth $24,064,000 after purchasing an additional 353,022 shares during the last quarter. Finally, Andra AP fonden boosted its holdings in Ventas by 11.1% in the second quarter. Andra AP fonden now owns 344,000 shares of the real estate investment trust’s stock valued at $21,724,000 after purchasing an additional 34,500 shares in the last quarter. 94.18% of the stock is owned by institutional investors and hedge funds.

Ventas Stock Performance

Shares of VTR opened at $80.36 on Friday. The stock has a market capitalization of $37.75 billion, a P/E ratio of 154.54, a P/E/G ratio of 2.02 and a beta of 0.78. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.32 and a current ratio of 0.32. Ventas, Inc. has a 1 year low of $56.68 and a 1 year high of $81.26. The company’s fifty day moving average is $73.86 and its two-hundred day moving average is $68.67.

Ventas (NYSE:VTR) last released its earnings results on Wednesday, October 29th. The real estate investment trust reported $0.88 EPS for the quarter, topping 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 analysts’ expectations of $1.44 billion. During the same quarter last year, the business earned $0.80 EPS. The business’s revenue was up 20.5% on a year-over-year basis. Ventas has set its FY 2025 guidance at 3.450-3.480 EPS. On average, sell-side analysts predict that Ventas, Inc. will post 3.4 earnings per share for the current year.

Ventas Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 16th. Shareholders of record on Tuesday, September 30th were given a dividend of $0.48 per share. The ex-dividend date was Tuesday, September 30th. This represents a $1.92 annualized dividend and a yield of 2.4%. Ventas’s payout ratio is presently 369.23%.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Scotiabank raised their price objective on shares of Ventas from $74.00 to $80.00 and gave the stock a “sector perform” rating in a report on Thursday, November 13th. Argus reiterated a “buy” rating and set a $75.00 price target on shares of Ventas in a research note on Tuesday, August 26th. Evercore ISI boosted their price target on shares of Ventas from $77.00 to $80.00 and gave the company an “outperform” rating in a research report on Monday, September 15th. KeyCorp raised their price objective on Ventas from $70.00 to $85.00 and gave the stock an “overweight” rating in a report on Thursday. Finally, Raymond James Financial reiterated an “outperform” rating and set a $78.00 target price (up previously from $74.00) on shares of Ventas in a research report on Friday, August 22nd. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $78.40.

Insiders Place Their Bets

In other news, CFO Robert F. Probst sold 33,591 shares of the firm’s stock in a transaction that occurred on Wednesday, November 12th. The stock was sold at an average price of $76.77, for a total value of $2,578,781.07. Following the completion of the sale, the chief financial officer directly owned 168,364 shares of the company’s stock, valued at $12,925,304.28. This trade represents a 16.63% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Peter J. Bulgarelli sold 3,924 shares of Ventas stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $75.00, for a total value of $294,300.00. Following the completion of the sale, the chief executive officer owned 112,564 shares in the company, valued at approximately $8,442,300. This trade represents a 3.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 688,590 shares of company stock worth $50,754,668. Company insiders own 0.80% of the company’s stock.

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.