Principal Securities Inc. boosted its position in Ventas, Inc. (NYSE:VTR – Free Report) by 12.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,102 shares of the real estate investment trust’s stock after buying an additional 562 shares during the period. Principal Securities Inc.’s holdings in Ventas were worth $300,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in shares of Ventas by 7.9% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 332,300 shares of the real estate investment trust’s stock valued at $21,310,000 after acquiring an additional 24,300 shares during the last quarter. abrdn plc boosted its holdings in Ventas by 28.7% in the third quarter. abrdn plc now owns 961,359 shares of the real estate investment trust’s stock valued at $61,878,000 after purchasing an additional 214,384 shares during the last quarter. Northwest & Ethical Investments L.P. grew its position in Ventas by 480.7% during the 3rd quarter. Northwest & Ethical Investments L.P. now owns 26,214 shares of the real estate investment trust’s stock worth $1,681,000 after purchasing an additional 21,700 shares during the period. Presima Securities ULC raised its stake in shares of Ventas by 38.0% during the 4th quarter. Presima Securities ULC now owns 439,942 shares of the real estate investment trust’s stock valued at $25,908,000 after buying an additional 121,193 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Ventas by 5.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 4,904,078 shares of the real estate investment trust’s stock valued at $314,499,000 after buying an additional 231,352 shares during the last quarter. Institutional investors and hedge funds own 94.18% of the company’s stock.
Insider Activity at Ventas
In other news, CAO Gregory R. Liebbe sold 3,866 shares of the business’s stock in a transaction that occurred on Thursday, February 13th. The stock was sold at an average price of $63.00, for a total transaction of $243,558.00. Following the transaction, the chief accounting officer now directly owns 11,371 shares in the company, valued at $716,373. The trade was a 25.37 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.00% of the stock is owned by corporate insiders.
Wall Street Analysts Forecast Growth
Check Out Our Latest Research Report on VTR
Ventas Stock Performance
NYSE VTR opened at $66.08 on Monday. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.85 and a quick ratio of 0.85. The stock’s 50 day simple moving average is $60.20 and its 200-day simple moving average is $61.96. The company has a market cap of $28.88 billion, a PE ratio of 347.79, a price-to-earnings-growth ratio of 2.59 and a beta of 1.37. Ventas, Inc. has a 1-year low of $41.45 and a 1-year high of $67.61.
Ventas (NYSE:VTR – Get Free Report) last announced its quarterly earnings data on Wednesday, February 12th. The real estate investment trust reported $0.81 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.83. Ventas had a return on equity of 0.82% and a net margin of 1.65%. As a group, equities research analysts anticipate that Ventas, Inc. will post 3.4 EPS for the current fiscal year.
Ventas Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Monday, March 31st will be given a dividend of $0.48 per share. The ex-dividend date is Monday, March 31st. This is a positive change from Ventas’s previous quarterly dividend of $0.45. This represents a $1.92 dividend on an annualized basis and a yield of 2.91%. Ventas’s payout ratio is presently 1,010.53%.
Ventas 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.
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