Investment Management Corp of Ontario Boosts Position in Ventas, Inc. $VTR

Investment Management Corp of Ontario raised its position in Ventas, Inc. (NYSE:VTR) by 1,019.0% during the 2nd quarter, Holdings Channel reports. The firm owned 133,061 shares of the real estate investment trust’s stock after acquiring an additional 121,170 shares during the quarter. Investment Management Corp of Ontario’s holdings in Ventas were worth $8,403,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Ameritas Advisory Services LLC acquired a new stake in Ventas in the 2nd quarter valued at about $33,000. Golden State Wealth Management LLC grew its position 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 last quarter. Elevation Point Wealth Partners LLC acquired a new stake in shares of Ventas in the second quarter valued at approximately $35,000. Zions Bancorporation National Association UT purchased a new position in shares of Ventas during the 1st quarter worth approximately $41,000. Finally, IFP Advisors Inc raised its position in shares of Ventas by 61.3% during the 2nd quarter. IFP Advisors Inc now owns 974 shares of the real estate investment trust’s stock worth $62,000 after purchasing an additional 370 shares during the last quarter. Institutional investors and hedge funds own 94.18% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on VTR shares. Argus reissued a “buy” rating and set a $75.00 price target on shares of Ventas in a research report on Tuesday, August 26th. JPMorgan Chase & Co. lifted their price objective on Ventas from $72.00 to $76.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 26th. Weiss Ratings reissued a “buy (b-)” rating on shares of Ventas in a research note on Monday, December 1st. Evercore ISI upped their target price on shares of Ventas from $77.00 to $80.00 and gave the company an “outperform” rating in a report on Monday, September 15th. Finally, Cantor Fitzgerald lifted their price target on shares of Ventas from $77.00 to $85.00 and gave the stock an “overweight” rating in a report on Friday, October 31st. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Ventas has an average rating of “Moderate Buy” and an average price target of $78.40.

Insiders Place Their Bets

In other news, CEO Debra A. Cafaro sold 41,294 shares of the stock in a transaction on Monday, November 17th. The shares were sold at an average price of $79.01, for a total value of $3,262,638.94. Following the completion of the sale, the chief executive officer owned 1,145,695 shares of the company’s stock, valued at $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 available at this hyperlink. Also, CEO Peter J. Bulgarelli sold 2,229 shares of the firm’s stock in a transaction on 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 transaction, the chief executive officer directly owned 106,488 shares in the company, valued at approximately $8,527,559.04. This represents a 2.05% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 688,590 shares of company stock worth $50,754,668 over the last ninety days. 1.00% of the stock is owned by company insiders.

Ventas Price Performance

Shares of Ventas stock opened at $81.09 on Tuesday. The business’s fifty day moving average price is $74.34 and its 200 day moving average price is $68.96. Ventas, Inc. has a twelve month low of $56.68 and a twelve month high of $81.85. 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 stock has a market capitalization of $38.09 billion, a P/E ratio of 155.95, a PEG ratio of 2.03 and a beta of 0.78.

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

Ventas Announces Dividend

The firm also recently declared 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. This represents a $1.92 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend was Tuesday, September 30th. Ventas’s payout ratio is 369.23%.

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.