Hillsdale Investment Management Inc. Reduces Stake in Ventas, Inc. $VTR

Hillsdale Investment Management Inc. cut its stake in shares of Ventas, Inc. (NYSE:VTR) by 16.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,700 shares of the real estate investment trust’s stock after selling 1,500 shares during the period. Hillsdale Investment Management Inc.’s holdings in Ventas were worth $486,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the stock. Ameritas Advisory Services LLC bought a new position in shares of Ventas during the 2nd quarter valued at approximately $33,000. Golden State Wealth Management LLC lifted its position in Ventas by 52.7% in the second quarter. Golden State Wealth Management LLC now owns 536 shares of the real estate investment trust’s stock worth $34,000 after buying an additional 185 shares during the last quarter. Zions Bancorporation National Association UT purchased a new position in Ventas during the first quarter worth $41,000. Manchester Capital Management LLC increased its position in Ventas by 37.5% during the first quarter. Manchester Capital Management LLC now owns 883 shares of the real estate investment trust’s stock valued at $61,000 after acquiring an additional 241 shares during the last quarter. Finally, IFP Advisors Inc increased its position in Ventas by 61.3% during the second quarter. IFP Advisors Inc now owns 974 shares of the real estate investment trust’s stock valued at $62,000 after acquiring an additional 370 shares during the last quarter. 94.18% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, CEO Peter J. Bulgarelli sold 2,229 shares of the stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $80.08, for a total transaction of $178,498.32. Following the transaction, the chief executive officer owned 106,488 shares of the company’s stock, valued at approximately $8,527,559.04. This represents a 2.05% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Robert F. Probst sold 33,591 shares of the firm’s stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $76.77, for a total value of $2,578,781.07. Following the transaction, the chief financial officer owned 168,364 shares in the company, valued at approximately $12,925,304.28. This represents a 16.63% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 698,912 shares of company stock worth $51,454,499. 0.80% of the stock is currently owned by company insiders.

Ventas Price Performance

Shares of VTR stock opened at $79.25 on Monday. The company has a debt-to-equity ratio of 1.13, a current ratio of 0.68 and a quick ratio of 0.68. The company has a market capitalization of $37.23 billion, a P/E ratio of 152.41, a P/E/G ratio of 2.36 and a beta of 0.88. The company’s 50-day simple moving average is $71.72 and its two-hundred day simple moving average is $67.77. Ventas, Inc. has a one year low of $56.68 and a one year high of $80.50.

Ventas (NYSE:VTR) last posted its quarterly earnings results on Wednesday, October 29th. The real estate investment trust reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.87 by $0.01. The firm had revenue of $1.49 billion during the quarter, compared to the consensus estimate of $1.44 billion. Ventas had a net margin of 4.28% and a return on equity of 2.10%. The company’s revenue was up 20.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.80 earnings per share. Ventas has set its FY 2025 guidance at 3.450-3.480 EPS. As a group, equities analysts anticipate that Ventas, Inc. will post 3.4 EPS for the current year.

Ventas Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 16th. Shareholders of record on Tuesday, September 30th were issued a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 2.4%. The ex-dividend date was Tuesday, September 30th. Ventas’s dividend payout ratio is currently 369.23%.

Analyst Ratings Changes

Several research firms have recently issued reports on VTR. Wells Fargo & Company raised their target price on shares of Ventas from $77.00 to $80.00 and gave the stock an “overweight” rating in a report on Tuesday, October 21st. Raymond James Financial reissued an “outperform” rating and issued a $78.00 price objective (up previously from $74.00) on shares of Ventas in a research note on Friday, August 22nd. JPMorgan Chase & Co. upped their target price on Ventas from $72.00 to $76.00 and gave the company an “overweight” rating in a research note on Tuesday, August 26th. Morgan Stanley increased their price target on Ventas from $70.00 to $75.00 and gave the stock an “equal weight” rating in a report on Friday, August 15th. Finally, Cantor Fitzgerald raised their price target on Ventas from $77.00 to $85.00 and gave the stock an “overweight” rating in a research note on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, Ventas presently has an average rating of “Moderate Buy” and a consensus price target of $77.36.

About Ventas

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.