Ventas, Inc. (NYSE:VTR) Shares Sold by Macquarie Group Ltd.

Posted by on Mar 7th, 2023

Macquarie Group Ltd. decreased its stake in shares of Ventas, Inc. (NYSE:VTR – Get Rating) by 50.2% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 206,728 shares of the real estate investment trust’s stock after selling 207,981 shares during the period. Macquarie Group Ltd. owned 0.05% of Ventas worth $8,477,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Capital Analysts LLC acquired a new position in Ventas during the second quarter worth approximately $30,000. Private Trust Co. NA purchased a new stake in Ventas during the second quarter worth approximately $31,000. EdgeRock Capital LLC purchased a new stake in Ventas during the third quarter worth approximately $32,000. Fairfield Bush & CO. purchased a new stake in Ventas during the first quarter worth approximately $41,000. Finally, Heritage Wealth Management LLC purchased a new stake in Ventas during the second quarter worth approximately $53,000. Institutional investors and hedge funds own 91.28% of the company’s stock.

Ventas Stock Performance

Shares of VTR opened at $48.88 on Tuesday. The firm has a 50-day moving average price of $49.36 and a 200 day moving average price of $45.64. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 1.20. Ventas, Inc. has a 52-week low of $35.33 and a 52-week high of $64.02.

Ventas (NYSE:VTR – Get Rating) last announced its earnings results on Thursday, February 9th. The real estate investment trust reported ($0.11) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.83). Ventas had a negative net margin of 1.15% and a negative return on equity of 0.45%. The company had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.04 billion. During the same quarter in the prior year, the company earned $0.73 EPS. The business’s quarterly revenue was up 2.8% on a year-over-year basis. On average, sell-side analysts predict that Ventas, Inc. will post 2.99 earnings per share for the current fiscal year.

Ventas Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 19th. Shareholders of record on Tuesday, January 3rd were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 3.68%. The ex-dividend date of this dividend was Friday, December 30th. Ventas’s payout ratio is -1,500.00%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. StockNews.com downgraded shares of Ventas from a “hold” rating to a “sell” rating in a research note on Saturday, December 17th. Morgan Stanley increased their target price on shares of Ventas from $44.50 to $45.00 and gave the stock an “equal weight” rating in a report on Wednesday, November 23rd. Raymond James increased their target price on shares of Ventas from $46.00 to $55.00 and gave the stock an “outperform” rating in a report on Monday, January 9th. Mizuho dropped their target price on shares of Ventas from $61.00 to $60.00 in a report on Friday, December 2nd. Finally, Royal Bank of Canada dropped their target price on shares of Ventas from $60.00 to $56.00 and set an “outperform” rating on the stock in a report on Wednesday, November 23rd. One analyst has rated the stock with a sell rating, two have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $57.77.

Insiders Place Their Bets

In other Ventas news, CEO Debra A. Cafaro sold 32,932 shares of the firm’s stock in a transaction dated Thursday, February 2nd. The shares were sold at an average price of $52.74, for a total value of $1,736,833.68. Following the completion of the transaction, the chief executive officer now directly owns 863,555 shares in the company, valued at $45,543,890.70. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 1.30% of the company’s stock.

Ventas Profile

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Ventas, Inc engages in the acquisition and ownership of seniors housing and healthcare properties. It operates through the following segments: Triple-Net Leased Properties, Senior Housing Operating Portfolio (SHOP), and Office Operations. The Triple-Net Leased Properties segment invests in and owns senior housing and healthcare properties.

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Institutional Ownership by Quarter for Ventas (NYSE:VTR)

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