Resona Asset Management Co. Ltd. Increases Position in Ventas, Inc. $VTR

Resona Asset Management Co. Ltd. lifted its position in Ventas, Inc. (NYSE:VTRFree Report) by 8.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 271,652 shares of the real estate investment trust’s stock after acquiring an additional 20,451 shares during the period. Resona Asset Management Co. Ltd. owned 0.06% of Ventas worth $18,849,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. True Wealth Design LLC increased its holdings in shares of Ventas by 1,557.7% in the third quarter. True Wealth Design LLC now owns 431 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 405 shares during the period. ORG Partners LLC lifted its holdings in shares of Ventas by 76.1% during the third quarter. ORG Partners LLC now owns 456 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 197 shares during the period. Wilmington Savings Fund Society FSB boosted its position in Ventas by 65.5% in the third quarter. Wilmington Savings Fund Society FSB now owns 455 shares of the real estate investment trust’s stock valued at $32,000 after buying an additional 180 shares during the last quarter. Ameritas Advisory Services LLC acquired a new position in Ventas in the 2nd quarter worth approximately $33,000. Finally, Golden State Wealth Management LLC increased its holdings in Ventas by 52.7% in the 2nd quarter. Golden State Wealth Management LLC now owns 536 shares of the real estate investment trust’s stock worth $34,000 after buying an additional 185 shares during the period. Institutional investors and hedge funds own 94.18% of the company’s stock.

Insider Transactions at Ventas

In other news, CFO Robert F. Probst sold 33,591 shares of the stock in a transaction that occurred on Wednesday, November 12th. The stock was sold at an average price of $76.77, for a total transaction of $2,578,781.07. Following the transaction, the chief financial officer owned 168,364 shares in the company, valued at $12,925,304.28. This trade represents a 16.63% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Peter J. Bulgarelli sold 3,924 shares of the business’s stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $75.00, for a total transaction of $294,300.00. Following the completion of the sale, the chief executive officer directly owned 112,564 shares of the company’s stock, valued at approximately $8,442,300. The trade was a 3.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 494,005 shares of company stock valued at $37,132,767 in the last three months. 0.80% of the stock is currently owned by company insiders.

Ventas Stock Up 0.5%

VTR stock opened at $76.94 on Friday. Ventas, Inc. has a one year low of $58.72 and a one year 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’s fifty day moving average is $78.51 and its 200 day moving average is $72.36. The firm has a market cap of $36.14 billion, a PE ratio of 147.95, a P/E/G ratio of 1.91 and a beta of 0.78.

Ventas (NYSE:VTRGet Free Report) last posted its earnings results on Wednesday, October 29th. The real estate investment trust reported $0.88 earnings per share (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 business had revenue of $1.49 billion for the quarter, compared to analyst estimates of $1.44 billion. During the same period in the prior year, the company posted $0.80 EPS. The company’s revenue for the quarter 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, research analysts forecast that Ventas, Inc. will post 3.4 EPS for the current year.

Ventas Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were given a $0.48 dividend. The ex-dividend date was Wednesday, December 31st. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.5%. Ventas’s payout ratio is 369.23%.

Analysts Set New Price Targets

Several analysts have recently commented on VTR shares. Scotiabank upped their price objective on shares of Ventas from $74.00 to $80.00 and gave the company a “sector perform” rating in a report on Thursday, November 13th. Weiss Ratings upgraded shares of Ventas from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, December 29th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $93.00 price target on shares of Ventas in a report on Monday, December 15th. The Goldman Sachs Group began coverage on Ventas in a research report on Friday, January 9th. They set a “buy” rating and a $94.00 price target on the stock. Finally, Citigroup lifted their price objective on Ventas from $80.00 to $88.00 and gave the company a “buy” rating in a research note on Tuesday, November 11th. Fourteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Ventas presently has a consensus rating of “Moderate Buy” and an average target price of $81.63.

Read Our Latest Research Report on Ventas

About Ventas

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Ventas (NYSE:VTR)

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