Teacher Retirement System of Texas Sells 57,133 Shares of Ventas, Inc. (NYSE:VTR)

Teacher Retirement System of Texas reduced its position in Ventas, Inc. (NYSE:VTR - Free Report) by 93.6% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 3,882 shares of the real estate investment trust's stock after selling 57,133 shares during the period. Teacher Retirement System of Texas' holdings in Ventas were worth $229,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Presima Securities ULC increased its position in Ventas by 38.0% in the fourth quarter. Presima Securities ULC now owns 439,942 shares of the real estate investment trust's stock worth $25,908,000 after purchasing an additional 121,193 shares during the period. EverSource Wealth Advisors LLC grew its position in shares of Ventas by 726.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 5,267 shares of the real estate investment trust's stock worth $310,000 after buying an additional 4,630 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of Ventas by 2.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,028,015 shares of the real estate investment trust's stock worth $296,100,000 after buying an additional 123,937 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Ventas by 2.2% in the third quarter. JPMorgan Chase & Co. now owns 27,557,480 shares of the real estate investment trust's stock valued at $1,767,261,000 after buying an additional 599,600 shares during the period. Finally, abrdn plc boosted its stake in Ventas by 13.6% in the fourth quarter. abrdn plc now owns 1,092,561 shares of the real estate investment trust's stock valued at $64,051,000 after acquiring an additional 131,202 shares during the last quarter. Institutional investors own 94.18% of the company's stock.

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Ventas Stock Up 0.3 %

VTR traded up $0.20 during trading on Thursday, hitting $69.59. The company had a trading volume of 5,569,378 shares, compared to its average volume of 2,613,897. The firm's 50-day moving average price is $65.59 and its 200 day moving average price is $63.35. The company has a market capitalization of $30.42 billion, a PE ratio of 366.26, a PEG ratio of 2.59 and a beta of 1.37. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.25. Ventas, Inc. has a one year low of $41.45 and a one year high of $71.32.

Ventas (NYSE:VTR - Get Free Report) last posted its quarterly earnings data on Wednesday, February 12th. The real estate investment trust reported $0.81 earnings per share (EPS) for the quarter, topping 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 analysts expect that Ventas, Inc. will post 3.4 earnings per share for the current year.

Ventas Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Monday, March 31st will be given a dividend of $0.48 per share. The ex-dividend date of this dividend is Monday, March 31st. This is a boost from Ventas's previous quarterly dividend of $0.45. This represents a $1.92 annualized dividend and a yield of 2.76%. Ventas's payout ratio is 1,010.53%.

Analyst Ratings Changes

A number of research firms have recently weighed in on VTR. StockNews.com raised Ventas from a "sell" rating to a "hold" rating in a research note on Friday, January 17th. Argus set a $75.00 target price on Ventas in a report on Friday, March 7th. Robert W. Baird raised Ventas from a "neutral" rating to an "outperform" rating and lowered their price target for the company from $66.00 to $65.00 in a research note on Friday, January 17th. Baird R W raised shares of Ventas from a "hold" rating to a "strong-buy" rating in a research note on Friday, January 17th. Finally, Mizuho upped their target price on shares of Ventas from $68.00 to $75.00 and gave the company an "outperform" rating in a research note on Tuesday, March 18th. Four equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, Ventas presently has a consensus rating of "Moderate Buy" and a consensus price target of $72.90.

Insider Transactions at Ventas

In other Ventas news, CAO Gregory R. Liebbe sold 3,866 shares of the company's stock in a transaction on Thursday, February 13th. The shares were sold at an average price of $63.00, for a total transaction of $243,558.00. Following the sale, the chief accounting officer now directly owns 11,371 shares of the company's stock, valued at approximately $716,373. This represents a 25.37 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Debra A. Cafaro sold 214,679 shares of Ventas stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $68.22, for a total transaction of $14,645,401.38. Following the completion of the transaction, the chief executive officer now directly owns 1,138,143 shares of the company's stock, valued at approximately $77,644,115.46. This trade represents a 15.87 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 260,227 shares of company stock worth $17,769,097 in the last three months. Insiders own 1.00% of the company's stock.

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.