KLP Kapitalforvaltning AS Has $13.45 Million Stock Holdings in Ventas, Inc. $VTR

KLP Kapitalforvaltning AS lifted its holdings in shares of Ventas, Inc. (NYSE:VTR) by 14.0% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 191,119 shares of the real estate investment trust’s stock after buying an additional 23,500 shares during the period. KLP Kapitalforvaltning AS’s holdings in Ventas were worth $13,454,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VTR. True Wealth Design LLC lifted 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 worth $30,000 after acquiring an additional 405 shares during the last quarter. Ameritas Advisory Services LLC acquired a new position in Ventas during the 2nd quarter worth approximately $33,000. Golden State Wealth Management LLC lifted its stake 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 valued at $34,000 after purchasing an additional 185 shares during the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in Ventas in the second quarter valued at approximately $35,000. Finally, IFP Advisors Inc boosted its position in Ventas by 61.3% in the second quarter. IFP Advisors Inc now owns 974 shares of the real estate investment trust’s stock valued at $62,000 after buying an additional 370 shares in the last quarter. Institutional investors own 94.18% of the company’s stock.

Insider Activity

In related news, CFO Robert F. Probst sold 33,591 shares of the company’s stock in a transaction dated 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 sale, the chief financial officer owned 168,364 shares in the company, valued at $12,925,304.28. This represents a 16.63% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Peter J. Bulgarelli sold 3,924 shares of the firm’s stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $75.00, for a total value of $294,300.00. Following the sale, the chief executive officer directly owned 112,564 shares of the company’s stock, valued at $8,442,300. This represents a 3.37% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 713,520 shares of company stock valued at $52,788,577 in the last ninety days. 0.80% of the stock is owned by company insiders.

Ventas Stock Performance

Shares of VTR stock opened at $75.11 on Friday. The stock has a market capitalization of $35.28 billion, a PE ratio of 144.45, a PEG ratio of 1.87 and a beta of 0.78. The business’s 50 day simple moving average is $78.23 and its 200 day simple moving average is $71.23. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.32 and a quick ratio of 0.32. Ventas, Inc. has a one year low of $56.97 and a one year high of $81.89.

Ventas (NYSE:VTR) last issued its quarterly earnings results on Wednesday, October 29th. The real estate investment trust reported $0.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.87 by $0.01. Ventas had a net margin of 4.28% and a return on equity of 2.05%. The firm had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.44 billion. During the same quarter in the previous year, the company earned $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. As a group, research analysts forecast that Ventas, Inc. will post 3.4 earnings per share for the current year.

Ventas Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st will be given a $0.48 dividend. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $1.92 annualized dividend and a dividend yield of 2.6%. Ventas’s dividend payout ratio (DPR) is 369.23%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on VTR shares. Jefferies Financial Group reiterated a “buy” rating and issued a $93.00 price target on shares of Ventas in a research note on Monday, December 15th. Cantor Fitzgerald reissued an “overweight” rating and set a $93.00 price target on shares of Ventas in a research note on Monday. Wells Fargo & Company upped their price objective on Ventas from $80.00 to $88.00 and gave the company an “overweight” rating in a research note on Tuesday, November 25th. KeyCorp lifted their target price on shares of Ventas from $70.00 to $85.00 and gave the stock an “overweight” rating in a research report on Thursday, December 4th. Finally, UBS Group initiated coverage on shares of Ventas in a report on Friday, September 19th. They set a “neutral” rating and a $73.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $79.81.

Ventas Profile

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.