Ventas, Inc. (NYSE:VTR) Shares Purchased by Federated Hermes Inc.

Federated Hermes Inc. boosted its position in Ventas, Inc. (NYSE:VTR) by 109.5% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 7,678 shares of the real estate investment trust’s stock after purchasing an additional 4,013 shares during the quarter. Federated Hermes Inc.’s holdings in Ventas were worth $394,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. ANTIPODES PARTNERS Ltd purchased a new stake in shares of Ventas during the second quarter worth about $73,517,000. Centersquare Investment Management LLC lifted its stake in shares of Ventas by 11.5% during the 1st quarter. Centersquare Investment Management LLC now owns 7,806,396 shares of the real estate investment trust’s stock worth $345,667,000 after purchasing an additional 802,546 shares during the period. Cbre Investment Management Listed Real Assets LLC grew its position in shares of Ventas by 65.6% in the fourth quarter. Cbre Investment Management Listed Real Assets LLC now owns 1,486,572 shares of the real estate investment trust’s stock valued at $74,091,000 after purchasing an additional 588,818 shares during the period. Swedbank AB acquired a new position in Ventas in the first quarter valued at $19,551,000. Finally, Balyasny Asset Management L.P. lifted its position in Ventas by 94.0% during the fourth quarter. Balyasny Asset Management L.P. now owns 855,548 shares of the real estate investment trust’s stock worth $42,641,000 after buying an additional 414,612 shares during the period. 94.18% of the stock is currently owned by hedge funds and other institutional investors.

Ventas Trading Up 3.3 %

Shares of VTR opened at $64.21 on Tuesday. Ventas, Inc. has a 12 month low of $39.33 and a 12 month high of $65.64. The stock’s 50-day moving average is $59.14 and its two-hundred day moving average is $51.21. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.58 and a quick ratio of 0.58. The stock has a market cap of $25.99 billion, a PE ratio of -337.95, a P/E/G ratio of 2.87 and a beta of 1.36.

Ventas (NYSE:VTR) last released its quarterly earnings results on Thursday, August 1st. The real estate investment trust reported $0.05 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.74). Ventas had a negative return on equity of 1.63% and a negative net margin of 3.33%. The company had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same period last year, the firm posted $0.75 earnings per share. The business’s revenue was up 8.6% on a year-over-year basis. Equities analysts forecast that Ventas, Inc. will post 3.18 earnings per share for the current fiscal year.

Ventas Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 17th. Stockholders of record on Tuesday, October 1st will be given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.80%. The ex-dividend date of this dividend is Tuesday, October 1st. Ventas’s payout ratio is currently -947.37%.

Insider Buying and Selling

In other Ventas news, CEO Debra A. Cafaro sold 40,079 shares of the stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $57.29, for a total transaction of $2,296,125.91. Following the transaction, the chief executive officer now directly owns 986,717 shares in the company, valued at approximately $56,529,016.93. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Ventas news, CFO Robert F. Probst sold 20,000 shares of the stock in a transaction on Thursday, August 8th. The shares were sold at an average price of $58.87, for a total transaction of $1,177,400.00. Following the sale, the chief financial officer now directly owns 156,403 shares of the company’s stock, valued at $9,207,444.61. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Debra A. Cafaro sold 40,079 shares of Ventas stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of $57.29, for a total transaction of $2,296,125.91. Following the completion of the transaction, the chief executive officer now directly owns 986,717 shares of the company’s stock, valued at $56,529,016.93. The disclosure for this sale can be found here. Over the last quarter, insiders sold 77,065 shares of company stock worth $4,526,464. Insiders own 1.00% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have commented on VTR. Scotiabank lifted their price target on Ventas from $55.00 to $59.00 and gave the company a “sector perform” rating in a report on Wednesday, August 7th. StockNews.com raised shares of Ventas from a “sell” rating to a “hold” rating in a research report on Wednesday, July 10th. Wedbush lifted their price target on shares of Ventas from $64.00 to $71.00 and gave the company an “outperform” rating in a report on Tuesday, September 10th. Evercore ISI upped their price objective on Ventas from $64.00 to $70.00 and gave the stock an “outperform” rating in a report on Monday, September 16th. Finally, Royal Bank of Canada lifted their target price on Ventas from $52.00 to $63.00 and gave the company an “outperform” rating in a report on Friday, August 9th. Three investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $58.67.

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.