Federated Hermes Inc. boosted its holdings in Ventas, Inc. (NYSE:VTR – Free Report) by 109.5% throughout the 2nd quarter, based on the corporate in its most up-to-date submitting with the Securities and Trade Fee (SEC). The agency owned 7,678 shares of the true property funding belief’s inventory after buying an extra 4,013 shares throughout the quarter. Federated Hermes Inc.’s holdings in Ventas have been value $394,000 on the finish of the newest quarter.
A number of different hedge funds have additionally not too long ago added to or decreased their stakes in VTR. First Group Belief NA purchased a brand new place in shares of Ventas within the second quarter value $25,000. ORG Companions LLC purchased a brand new stake in shares of Ventas throughout the 2nd quarter value about $27,000. First Monetary Corp IN acquired a brand new stake in shares of Ventas within the 1st quarter value roughly $30,000. EdgeRock Capital LLC purchased a brand new place in shares of Ventas within the second quarter valued at roughly $41,000. Lastly, Friedenthal Monetary acquired a brand new place in shares of Ventas throughout the second quarter valued at roughly $51,000. Institutional traders personal 94.18% of the corporate’s inventory.
Ventas Inventory Up 3.3 %
Shares of NYSE:VTR opened at $64.21 on Tuesday. The agency has a 50 day easy shifting common of $59.14 and a 200 day easy shifting common of $51.21. Ventas, Inc. has a 52 week low of $39.33 and a 52 week excessive of $65.64. The corporate has a debt-to-equity ratio of 1.36, a fast ratio of 0.58 and a present ratio of 0.58. The corporate has a market cap of $25.99 billion, a PE ratio of -337.95, a price-to-earnings-growth ratio of two.87 and a beta of 1.36.
Ventas (NYSE:VTR – Get Free Report) final issued its quarterly earnings outcomes on Thursday, August 1st. The actual property funding belief reported $0.05 earnings per share for the quarter, lacking analysts’ consensus estimates of $0.79 by ($0.74). The enterprise had income of $1.20 billion for the quarter, in comparison with analysts’ expectations of $1.19 billion. Ventas had a unfavorable web margin of three.33% and a unfavorable return on fairness of 1.63%. The enterprise’s quarterly income was up 8.6% in comparison with the identical quarter final 12 months. Throughout the identical quarter within the prior 12 months, the agency posted $0.75 EPS. As a bunch, analysis analysts anticipate that Ventas, Inc. will put up 3.18 earnings per share for the present 12 months.
Ventas Dividend Announcement
The enterprise additionally not too long ago disclosed a quarterly dividend, which can be paid on Thursday, October seventeenth. Buyers of report on Tuesday, October 1st can be given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized foundation and a yield of two.80%. The ex-dividend date is Tuesday, October 1st. Ventas’s payout ratio is presently -947.37%.
Analysts Set New Worth Targets
Plenty of equities analysis analysts have weighed in on VTR shares. Royal Financial institution of Canada upped their goal worth on Ventas from $52.00 to $63.00 and gave the inventory an “outperform” ranking in a analysis report on Friday, August ninth. StockNews.com raised Ventas from a “promote” ranking to a “maintain” ranking in a report on Wednesday, July tenth. Wedbush upped their worth goal on shares of Ventas from $64.00 to $71.00 and gave the corporate an “outperform” ranking in a report on Tuesday, September tenth. Wolfe Analysis raised shares of Ventas to a “strong-buy” ranking in a analysis observe on Friday, August ninth. Lastly, Scotiabank elevated their goal worth on shares of Ventas from $55.00 to $59.00 and gave the corporate a “sector carry out” ranking in a analysis observe on Wednesday, August seventh. Three funding analysts have rated the inventory with a maintain ranking, seven have assigned a purchase ranking and one has given a powerful purchase ranking to the corporate’s inventory. Based mostly on knowledge from MarketBeat, the corporate presently has a consensus ranking of “Reasonable Purchase” and a consensus worth goal of $58.67.
View Our Newest Evaluation on VTR
Insider Shopping for and Promoting at Ventas
In different information, CFO Robert F. Probst offered 20,000 shares of the enterprise’s inventory in a transaction on Thursday, August eighth. The shares have been offered at a mean worth of $58.87, for a complete transaction of $1,177,400.00. Following the transaction, the chief monetary officer now immediately owns 156,403 shares within the firm, valued at roughly $9,207,444.61. The transaction was disclosed in a submitting with the SEC, which is on the market at this hyperlink. In different information, CEO Debra A. Cafaro offered 40,079 shares of Ventas inventory in a transaction dated Tuesday, August sixth. The inventory was offered at a mean worth of $57.29, for a complete transaction of $2,296,125.91. Following the completion of the sale, the chief government officer now immediately owns 986,717 shares within the firm, valued at roughly $56,529,016.93. The sale was disclosed in a submitting with the SEC, which could be accessed by way of this hyperlink. Additionally, CFO Robert F. Probst offered 20,000 shares of the enterprise’s inventory in a transaction that occurred on Thursday, August eighth. The shares have been offered at a mean worth of $58.87, for a complete worth of $1,177,400.00. Following the completion of the sale, the chief monetary officer now immediately owns 156,403 shares of the corporate’s inventory, valued at roughly $9,207,444.61. The disclosure for this sale could be discovered right here. Within the final quarter, insiders have offered 77,065 shares of firm inventory value $4,526,464. 1.00% of the inventory is presently owned by firm insiders.
Ventas Firm Profile
Ventas Inc (NYSE: VTR) is a number one S&P 500 actual property funding belief targeted on delivering sturdy, sustainable shareholder returns by enabling distinctive environments that profit a big and rising growing older inhabitants. The Firm’s progress is fueled by its senior housing communities, which give worthwhile providers to residents and allow them to thrive in supported environments.
Additional Studying
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