Rhumbline Advisers Grows Stock Position in Ventas, Inc. $VTR

Rhumbline Advisers raised its position in Ventas, Inc. (NYSE:VTR) by 3.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 880,542 shares of the real estate investment trust’s stock after acquiring an additional 29,944 shares during the quarter. Rhumbline Advisers’ holdings in Ventas were worth $55,606,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in VTR. Nuveen LLC acquired a new stake in Ventas during the 1st quarter valued at $359,113,000. Vanguard Group Inc. boosted its position in Ventas by 4.1% in the 2nd quarter. Vanguard Group Inc. now owns 71,796,312 shares of the real estate investment trust’s stock valued at $4,533,937,000 after buying an additional 2,854,751 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Ventas by 9.5% during the first quarter. JPMorgan Chase & Co. now owns 32,347,333 shares of the real estate investment trust’s stock valued at $2,224,203,000 after acquiring an additional 2,811,241 shares in the last quarter. Citigroup Inc. increased its position in shares of Ventas by 451.9% during the second quarter. Citigroup Inc. now owns 2,316,344 shares of the real estate investment trust’s stock worth $146,277,000 after acquiring an additional 1,896,627 shares during the last quarter. Finally, AQR Capital Management LLC increased its position in shares of Ventas by 289.6% during the first quarter. AQR Capital Management LLC now owns 1,603,300 shares of the real estate investment trust’s stock worth $110,243,000 after acquiring an additional 1,191,773 shares during the last quarter. 94.18% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have weighed in on VTR. Citigroup raised 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. JPMorgan Chase & Co. increased 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. UBS Group started coverage on shares of Ventas in a research report on Friday, September 19th. They set a “neutral” rating and a $73.00 price target for the company. Argus reaffirmed a “buy” rating and issued a $75.00 price target on shares of Ventas in a report on Tuesday, August 26th. Finally, Raymond James Financial reiterated an “outperform” rating and set a $78.00 price objective (up from $74.00) on shares of Ventas in a research note on Friday, August 22nd. 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 company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $77.36.

Insider Activity at Ventas

In related news, CEO Debra A. Cafaro sold 41,294 shares of the stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $79.01, for a total transaction of $3,262,638.94. Following the sale, the chief executive officer owned 1,145,695 shares in the company, 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 through this hyperlink. Also, CEO Peter J. Bulgarelli sold 2,229 shares of the firm’s stock in a transaction dated Wednesday, November 19th. The stock was 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 $8,527,559.04. This represents a 2.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 698,912 shares of company stock valued at $51,454,499 in the last quarter. Insiders own 0.80% of the company’s stock.

Ventas Price Performance

Shares of NYSE VTR opened at $78.78 on Tuesday. 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 company has a market capitalization of $37.00 billion, a price-to-earnings ratio of 151.50, a price-to-earnings-growth ratio of 2.36 and a beta of 0.88. Ventas, Inc. has a twelve month low of $56.68 and a twelve month high of $80.50. The business has a 50 day simple moving average of $71.90 and a 200-day simple moving average of $67.87.

Ventas (NYSE:VTR) last announced its quarterly earnings data 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. The firm had revenue of $1.49 billion for the quarter, compared to analysts’ expectations of $1.44 billion. Ventas had a return on equity of 2.10% and a net margin of 4.28%.During the same period last year, the business posted $0.80 earnings per share. The firm’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. As a group, equities research analysts expect that Ventas, Inc. will post 3.4 earnings per share for the current year.

Ventas Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 16th. Stockholders of record on Tuesday, September 30th were issued a $0.48 dividend. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $1.92 annualized dividend and a dividend yield of 2.4%. 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.