Retirement Systems of Alabama Has $53.11 Million Holdings in Ventas, Inc. $VTR

Retirement Systems of Alabama raised its stake in Ventas, Inc. (NYSE:VTR) by 150.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 841,014 shares of the real estate investment trust’s stock after acquiring an additional 505,656 shares during the quarter. Retirement Systems of Alabama owned about 0.19% of Ventas worth $53,110,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Cloud Capital Management LLC acquired a new stake in shares of Ventas during the 1st quarter worth approximately $25,000. Larson Financial Group LLC grew its position in shares of Ventas by 1,334.6% during the 1st quarter. Larson Financial Group LLC now owns 373 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 347 shares during the period. Rossby Financial LCC acquired a new stake in shares of Ventas during the 1st quarter worth approximately $34,000. Ameritas Advisory Services LLC acquired a new stake in shares of Ventas during the 2nd quarter worth approximately $33,000. Finally, Zions Bancorporation National Association UT acquired a new stake in shares of Ventas during the 1st quarter worth approximately $41,000. Institutional investors and hedge funds own 94.18% of the company’s stock.

Ventas Stock Down 0.8%

Shares of NYSE VTR opened at $69.52 on Thursday. The stock has a market cap of $31.60 billion, a P/E ratio of 161.68, a P/E/G ratio of 2.37 and a beta of 0.89. The firm has a 50 day moving average price of $68.80 and a 200 day moving average price of $66.68. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.68 and a current ratio of 0.68. Ventas, Inc. has a 52-week low of $56.68 and a 52-week high of $72.02.

Ventas (NYSE:VTR) last issued its quarterly earnings data on Wednesday, October 29th. The real estate investment trust reported $0.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.87 by $0.01. Ventas had a net margin of 3.61% and a return on equity of 1.75%. The business’s quarterly revenue was up 20.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.80 earnings per share. Ventas has set its FY 2025 guidance at 3.450-3.480 EPS. Analysts expect that Ventas, Inc. will post 3.4 EPS for the current year.

Ventas Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 16th. Investors of record on Tuesday, September 30th were issued a dividend of $0.48 per share. The ex-dividend date was Tuesday, September 30th. This represents a $1.92 dividend on an annualized basis and a yield of 2.8%. Ventas’s payout ratio is currently 446.51%.

Insider Buying and Selling at Ventas

In other Ventas news, CFO Robert F. Probst sold 29,691 shares of Ventas stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $68.49, for a total value of $2,033,536.59. Following the transaction, the chief financial officer owned 168,364 shares of the company’s stock, valued at approximately $11,531,250.36. The trade was a 14.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Debra A. Cafaro sold 219,515 shares of Ventas stock in a transaction that occurred on Monday, October 20th. The shares were sold at an average price of $71.32, for a total transaction of $15,655,809.80. Following the completion of the transaction, the chief executive officer directly owned 1,145,695 shares in the company, valued at approximately $81,710,967.40. The trade was a 16.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 285,172 shares of company stock valued at $20,160,542. 0.80% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. Scotiabank lifted their price target on shares of Ventas from $72.00 to $74.00 and gave the stock a “sector perform” rating in a research report on Thursday, August 28th. UBS Group assumed coverage on shares of Ventas in a research report on Friday, September 19th. They set a “neutral” rating and a $73.00 price target for the company. Morgan Stanley lifted their price target on shares of Ventas from $70.00 to $75.00 and gave the stock an “equal weight” rating in a research report on Friday, August 15th. Wells Fargo & Company lifted their price target on shares of Ventas from $77.00 to $80.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 21st. Finally, Raymond James Financial reiterated an “outperform” rating and set a $78.00 price target (up previously from $74.00) on shares of Ventas in a research report on Friday, August 22nd. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $75.46.

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.