Ventas, Inc. (NYSE:VTR) Shares Bought by abrdn plc

abrdn plc boosted its holdings in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 28.7% in the third quarter, according to its most recent filing with the SEC. The firm owned 961,359 shares of the real estate investment trust's stock after acquiring an additional 214,384 shares during the period. abrdn plc owned 0.23% of Ventas worth $61,878,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. Centersquare Investment Management LLC increased its position 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 last quarter. Dimensional Fund Advisors LP grew its stake in shares of Ventas by 1.7% in the second quarter. Dimensional Fund Advisors LP now owns 5,931,538 shares of the real estate investment trust's stock valued at $304,047,000 after acquiring an additional 96,482 shares in the last quarter. Price T Rowe Associates Inc. MD increased its holdings in shares of Ventas by 8.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 5,489,159 shares of the real estate investment trust's stock worth $239,000,000 after purchasing an additional 413,564 shares during the period. Massachusetts Financial Services Co. MA acquired a new position in Ventas in the 2nd quarter valued at $135,425,000. Finally, Canada Pension Plan Investment Board lifted its position in Ventas by 0.4% during the second quarter. Canada Pension Plan Investment Board now owns 1,756,752 shares of the real estate investment trust's stock worth $90,051,000 after purchasing an additional 7,585 shares during the period. 94.18% of the stock is owned by institutional investors and hedge funds.

Ventas Stock Performance

Shares of NYSE VTR traded up $0.46 during midday trading on Wednesday, hitting $66.49. 2,486,563 shares of the stock traded hands, compared to its average volume of 2,379,725. The firm has a 50-day moving average of $63.48 and a two-hundred day moving average of $55.10. Ventas, Inc. has a one year low of $41.45 and a one year high of $66.98. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.58 and a current ratio of 0.58. The firm has a market capitalization of $27.47 billion, a P/E ratio of -166.22, a PEG ratio of 2.87 and a beta of 1.36.

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

Ventas Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 17th. Investors of record on Tuesday, October 1st were paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 2.71%. The ex-dividend date of this dividend was Tuesday, October 1st. Ventas's payout ratio is -449.99%.

Analyst Upgrades and Downgrades

VTR has been the topic of a number of research reports. Wolfe Research raised shares of Ventas to a "strong-buy" rating in a research note on Friday, August 9th. Evercore ISI upped their target price on Ventas from $64.00 to $70.00 and gave the company an "outperform" rating in a research report on Monday, September 16th. Wells Fargo & Company upgraded Ventas from an "equal weight" rating to an "overweight" rating and raised their target price for the company from $61.00 to $71.00 in a research note on Tuesday, October 1st. StockNews.com cut shares of Ventas from a "hold" rating to a "sell" rating in a report on Monday, October 21st. Finally, Royal Bank of Canada increased their price target on Ventas from $52.00 to $63.00 and gave the company an "outperform" rating in a research report on Friday, August 9th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $63.63.

Insider Transactions at Ventas

In other Ventas news, CEO Peter J. Bulgarelli sold 3,784 shares of the business's stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $55.24, for a total transaction of $209,028.16. Following the completion of the transaction, the chief executive officer now owns 104,295 shares in the company, valued at $5,761,255.80. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other news, CEO Debra A. Cafaro sold 6,004 shares of the stock in a transaction on Friday, October 25th. The stock was sold at an average price of $66.11, for a total transaction of $396,924.44. Following the completion of the sale, the chief executive officer now owns 986,717 shares in the company, valued at approximately $65,231,860.87. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Peter J. Bulgarelli sold 3,784 shares of the firm's stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $55.24, for a total transaction of $209,028.16. Following the completion of the transaction, the chief executive officer now directly owns 104,295 shares of the company's stock, valued at approximately $5,761,255.80. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 83,069 shares of company stock worth $4,923,389. 1.00% of the stock is currently owned by company insiders.

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.