Ventas, Inc. $VTR Position Reduced by 1832 Asset Management L.P.

Key Points

• 1832 Asset Management L.P. decreased its stake in Ventas, Inc. by 2.4% during the first quarter, now owning 758,908 shares valued at approximately $52.2 million.
• Various hedge funds are reacting differently to Ventas, with Ethic Inc. increasing its holdings by 27.9% while others, like DAVENPORT & Co, purchased new positions.
• Wall Street analysts have mixed ratings on Ventas, with one analyst downgrading it to "sell" but others setting target prices as high as $78.00 amid predictions of moderate earnings growth.

1832 Asset Management L.P. reduced its holdings in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 2.4% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 758,908 shares of the real estate investment trust's stock after selling 18,600 shares during the period. 1832 Asset Management L.P. owned approximately 0.17% of Ventas worth $52,183,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of VTR. Cloud Capital Management LLC acquired a new stake in shares of Ventas in the 1st quarter worth $25,000. Larson Financial Group LLC lifted its stake in shares of Ventas by 1,334.6% in the 1st quarter. Larson Financial Group LLC now owns 373 shares of the real estate investment trust's stock worth $26,000 after acquiring an additional 347 shares during the period. Franchise Capital Ltd acquired a new stake in shares of Ventas in the 1st quarter worth $32,000. Rossby Financial LCC acquired a new stake in shares of Ventas in the 1st quarter worth $34,000. Finally, Bank Julius Baer & Co. Ltd Zurich acquired a new stake in shares of Ventas in the 1st quarter worth $41,000. 94.18% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Ventas

In related news, EVP Carey S. Roberts sold 23,500 shares of the company's stock in a transaction on Friday, May 30th. The shares were sold at an average price of $64.23, for a total value of $1,509,405.00. Following the sale, the executive vice president directly owned 116,650 shares of the company's stock, valued at $7,492,429.50. This represents a 16.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Debra A. Cafaro sold 10,322 shares of the company's stock in a transaction on Friday, August 1st. The shares were sold at an average price of $67.40, for a total transaction of $695,702.80. Following the completion of the sale, the chief executive officer directly owned 1,145,695 shares in the company, valued at $77,219,843. This represents a 0.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 307,340 shares of company stock valued at $20,221,787 over the last ninety days. Corporate insiders own 1.00% of the company's stock.

Ventas Price Performance

VTR traded down $0.0950 during midday trading on Monday, reaching $67.6950. 2,192,433 shares of the company's stock were exchanged, compared to its average volume of 2,720,468. The stock has a market capitalization of $30.77 billion, a PE ratio of 157.43, a P/E/G ratio of 2.50 and a beta of 0.87. Ventas, Inc. has a 1-year low of $56.68 and a 1-year high of $71.36. 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 business's 50-day moving average price is $65.73 and its 200 day moving average price is $66.03.

Ventas (NYSE:VTR - Get Free Report) last released its earnings results on Wednesday, July 30th. The real estate investment trust reported $0.87 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.85 by $0.02. Ventas had a net margin of 3.61% and a return on equity of 1.75%. The firm had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.37 billion. During the same period in the previous year, the firm earned $0.80 earnings per share. Ventas's revenue was up 18.3% compared to the same quarter last year. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. As a group, equities analysts anticipate that Ventas, Inc. will post 3.4 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Royal Bank Of Canada raised their target price on shares of Ventas from $74.00 to $75.00 and gave the stock an "outperform" rating in a research note on Wednesday, May 7th. Scotiabank raised their target price on shares of Ventas from $71.00 to $72.00 and gave the stock a "sector perform" rating in a research note on Monday, June 23rd. Wall Street Zen cut shares of Ventas from a "hold" rating to a "sell" rating in a research note on Thursday, May 22nd. JPMorgan Chase & Co. upgraded shares of Ventas from a "neutral" rating to an "overweight" rating and raised their target price for the stock from $70.00 to $72.00 in a research note on Monday, June 23rd. Finally, Morgan Stanley raised their price objective on shares of Ventas from $70.00 to $75.00 and gave the company an "equal weight" rating in a research note on Friday, August 15th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Ventas currently has an average rating of "Moderate Buy" and a consensus price target of $73.82.

Ventas Company Profile

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.