Jupiter Asset Management Ltd. Acquires New Holdings in Ventas, Inc. $VTR

Jupiter Asset Management Ltd. purchased a new position in shares of Ventas, Inc. (NYSE:VTR) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 77,740 shares of the real estate investment trust’s stock, valued at approximately $4,909,000.

A number of other institutional investors have also recently added to or reduced their stakes in VTR. Cerity Partners LLC lifted its stake in Ventas by 50.7% during the first quarter. Cerity Partners LLC now owns 41,231 shares of the real estate investment trust’s stock valued at $2,835,000 after buying an additional 13,871 shares in the last quarter. Mutual of America Capital Management LLC boosted its holdings in Ventas by 0.6% in the first quarter. Mutual of America Capital Management LLC now owns 93,457 shares of the real estate investment trust’s stock worth $6,426,000 after purchasing an additional 575 shares in the last quarter. New York State Common Retirement Fund increased its holdings in shares of Ventas by 4.8% during the 1st quarter. New York State Common Retirement Fund now owns 260,916 shares of the real estate investment trust’s stock valued at $17,941,000 after acquiring an additional 11,903 shares during the last quarter. Schechter Investment Advisors LLC acquired a new position in Ventas in the 1st quarter valued at $202,000. Finally, Louisiana State Employees Retirement System lifted its position in shares of Ventas by 4.0% during the 1st quarter. Louisiana State Employees Retirement System now owns 23,500 shares of the real estate investment trust’s stock worth $1,616,000 after purchasing an additional 900 shares during the last quarter. 94.18% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have commented on VTR. Scotiabank raised their price objective on Ventas from $74.00 to $80.00 and gave the stock a “sector perform” rating in a research report on Thursday. Citigroup boosted their target price on Ventas from $80.00 to $88.00 and gave the stock a “buy” rating in a report on Tuesday. UBS Group started coverage on Ventas in a report on Friday, September 19th. They set a “neutral” rating and a $73.00 price target for the company. Morgan Stanley boosted their price objective on Ventas from $70.00 to $75.00 and gave the stock an “equal weight” rating in a research note on Friday, August 15th. Finally, JPMorgan Chase & Co. raised their target price on Ventas from $72.00 to $76.00 and gave the company an “overweight” rating in a research note on Tuesday, August 26th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $77.36.

Ventas Trading Up 0.4%

VTR opened at $77.20 on Friday. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 1.13. The stock has a market capitalization of $36.26 billion, a P/E ratio of 148.47, a P/E/G ratio of 2.36 and a beta of 0.88. The firm’s fifty day simple moving average is $70.46 and its 200 day simple moving average is $67.27. Ventas, Inc. has a 12 month low of $56.68 and a 12 month high of $77.53.

Ventas (NYSE:VTR) last announced 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. The business had revenue of $1.49 billion during the quarter, compared to analysts’ expectations of $1.44 billion. Ventas had a net margin of 4.28% and a return on equity of 2.10%. The firm’s revenue was up 20.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.80 earnings per share. 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 EPS for the current fiscal year.

Ventas Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 16th. Investors of record on Tuesday, September 30th were issued a dividend of $0.48 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.5%. Ventas’s payout ratio is presently 369.23%.

Insiders Place Their Bets

In other Ventas news, CEO Debra A. Cafaro sold 19,250 shares of the company’s stock in a transaction on Wednesday, November 5th. The shares were sold at an average price of $75.29, for a total value of $1,449,332.50. Following the transaction, the chief executive officer directly owned 1,145,695 shares in the company, valued at $86,259,376.55. The trade was a 1.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Peter J. Bulgarelli sold 870 shares of the stock in a transaction dated Wednesday, November 5th. The shares were sold at an average price of $75.28, for a total transaction of $65,493.60. Following the completion of the transaction, the chief executive officer directly owned 111,694 shares in the company, valued at approximately $8,408,324.32. This represents a 0.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 619,027 shares of company stock worth $45,212,873. 0.80% of the stock is owned by company insiders.

About Ventas

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.