Sun Sep 15 11:32:50 UTC 2024: ## Texas Permanent School Fund Corp Cuts Ventas Holdings, VTR Stock Sees Mixed Activity
**New York, NY** – Texas Permanent School Fund Corp decreased its holdings in real estate investment trust Ventas, Inc. (NYSE: VTR) by 20% in the second quarter, according to a recent Form 13F filing with the Securities and Exchange Commission. The fund now owns 66,510 shares of VTR, worth approximately $3.4 million.
This move comes amidst a flurry of activity by other institutional investors regarding VTR. While First Community Trust NA, Manchester Capital Management LLC, ORG Partners LLC, First Financial Corp IN, and EdgeRock Capital LLC all acquired new positions or increased existing ones, VTR stock has seen a mixed performance.
The stock opened at $65.06 on Friday, with a market cap of $26.88 billion. Analysts have offered a range of opinions on the company, with some expressing optimism while others are more cautious. StockNews.com upgraded VTR from “sell” to “hold”, while Scotiabank, Evercore ISI, Wedbush, and Wells Fargo & Company all increased their price targets. However, the stock still carries an average rating of “Moderate Buy” with an average price target of $56.91, according to MarketBeat.
Adding to the mixed signals, Ventas CEO Peter J. Bulgarelli and CEO Debra A. Cafaro both recently sold shares of the company. In the past 90 days, insiders have sold a total of 77,065 shares, valued at $4,526,464.
Ventas, Inc., a leading S&P 500 real estate investment trust, is focused on providing strong returns for shareholders through its senior housing communities. The company’s growth is driven by its focus on serving the needs of an aging population.
First Piper 