California Public Employees Retirement System Sells 92,247 Shares of Ventas, Inc. $VTR

California Public Employees Retirement System cut its holdings in Ventas, Inc. (NYSE:VTR) by 6.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,325,067 shares of the real estate investment trust’s stock after selling 92,247 shares during the quarter. California Public Employees Retirement System’s holdings in Ventas were worth $92,741,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of VTR. BI Asset Management Fondsmaeglerselskab A S increased its stake in shares of Ventas by 97.7% during the third quarter. BI Asset Management Fondsmaeglerselskab A S now owns 36,713 shares of the real estate investment trust’s stock valued at $2,570,000 after purchasing an additional 18,146 shares in the last quarter. Investment Management Corp of Ontario boosted its position in shares of Ventas by 1,019.0% in the 2nd quarter. Investment Management Corp of Ontario now owns 133,061 shares of the real estate investment trust’s stock worth $8,403,000 after purchasing an additional 121,170 shares in the last quarter. Hudson Bay Capital Management LP purchased a new stake in shares of Ventas in the 2nd quarter worth approximately $17,568,000. Aberdeen Group plc grew its stake in shares of Ventas by 8.3% in the 3rd quarter. Aberdeen Group plc now owns 1,580,923 shares of the real estate investment trust’s stock worth $109,985,000 after buying an additional 120,825 shares during the last quarter. Finally, SCS Capital Management LLC bought a new position in Ventas during the 2nd quarter valued at approximately $13,788,000. 94.18% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on VTR. Cantor Fitzgerald reiterated an “overweight” rating and set a $93.00 price objective on shares of Ventas in a research note on Monday, February 9th. Royal Bank Of Canada increased their target price on Ventas from $83.00 to $91.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 10th. UBS Group restated a “neutral” rating and set a $85.00 price target on shares of Ventas in a report on Monday, February 9th. Weiss Ratings raised Ventas from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, December 29th. Finally, Wells Fargo & Company upped their price target on shares of Ventas from $80.00 to $88.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 25th. Thirteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $89.00.

Insider Buying and Selling

In other Ventas news, EVP Carey S. Roberts sold 35,532 shares of the business’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $85.00, for a total value of $3,020,220.00. Following the completion of the transaction, the executive vice president owned 72,755 shares of the company’s stock, valued at approximately $6,184,175. The trade was a 32.81% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Robert F. Probst sold 29,930 shares of the company’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $77.25, for a total transaction of $2,312,092.50. Following the transaction, the chief financial officer owned 138,434 shares in the company, valued at $10,694,026.50. This represents a 17.78% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 86,106 shares of company stock worth $6,931,397. 1.00% of the stock is owned by corporate insiders.

Ventas Stock Performance

VTR stock opened at $87.75 on Tuesday. The stock’s 50 day simple moving average is $81.68 and its 200 day simple moving average is $76.59. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 1.03. Ventas, Inc. has a 12-month low of $60.15 and a 12-month high of $88.23. The stock has a market capitalization of $41.68 billion, a PE ratio of 162.51, a price-to-earnings-growth ratio of 2.11 and a beta of 0.73.

Ventas (NYSE:VTR) last posted its earnings results on Thursday, February 5th. The real estate investment trust reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.74). Ventas had a return on equity of 2.09% and a net margin of 4.31%.The business had revenue of ($1,229.71) million during the quarter, compared to the consensus estimate of $1.53 billion. During the same period in the previous year, the business posted $0.81 EPS. The firm’s revenue for the quarter was up 21.7% on a year-over-year basis. Ventas has set its FY 2026 guidance at 3.780-3.880 EPS. As a group, research analysts forecast that Ventas, Inc. will post 3.4 earnings per share for the current fiscal year.

Ventas Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 16th. Investors of record on Tuesday, March 31st will be given a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a dividend yield of 2.4%. This is a boost from Ventas’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend is Tuesday, March 31st. Ventas’s payout ratio is 355.56%.

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.