Acadian Asset Management LLC Makes New $3.51 Million Investment in Ventas, Inc. $VTR

Key Points

• Acadian Asset Management LLC has made a new investment of approximately $3.51 million in Ventas, acquiring 51,108 shares of the real estate investment trust.
• Ventas reported quarterly earnings of $0.87 EPS, exceeding estimates, with revenue rising 18.3% year-over-year to $1.42 billion.
• Several analysts have upgraded Ventas' stock ratings, with Raymond James setting a new price target of $78.00, reflecting positive sentiment toward the company's future.

Acadian Asset Management LLC acquired a new stake in shares of Ventas, Inc. (NYSE:VTR - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 51,108 shares of the real estate investment trust's stock, valued at approximately $3,512,000.

Several other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in Ventas by 3.7% during the 1st quarter. Vanguard Group Inc. now owns 68,941,561 shares of the real estate investment trust's stock valued at $4,740,422,000 after acquiring an additional 2,440,551 shares during the period. JPMorgan Chase & Co. lifted its stake in Ventas by 9.5% during the 1st quarter. JPMorgan Chase & Co. now owns 32,347,333 shares of the real estate investment trust's stock valued at $2,224,203,000 after acquiring an additional 2,811,241 shares during the period. Resolution Capital Ltd lifted its stake in shares of Ventas by 10.5% in the 1st quarter. Resolution Capital Ltd now owns 7,889,848 shares of the real estate investment trust's stock worth $542,506,000 after purchasing an additional 751,587 shares during the period. Price T Rowe Associates Inc. MD lifted its stake in shares of Ventas by 4.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,414,404 shares of the real estate investment trust's stock worth $441,056,000 after purchasing an additional 281,232 shares during the period. Finally, Northern Trust Corp lifted its stake in shares of Ventas by 3.1% in the 1st quarter. Northern Trust Corp now owns 6,402,413 shares of the real estate investment trust's stock worth $440,230,000 after purchasing an additional 194,860 shares during the period. 94.18% of the stock is owned by hedge funds and other institutional investors.

Ventas Trading Up 0.4%

VTR stock opened at $69.72 on Monday. The firm has a fifty day moving average price of $67.18 and a 200 day moving average price of $66.30. Ventas, Inc. has a fifty-two week low of $56.68 and a fifty-two week high of $71.36. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.68 and a current ratio of 0.68. The firm has a market cap of $31.69 billion, a PE ratio of 162.15, a price-to-earnings-growth ratio of 2.57 and a beta of 0.87.

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

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on VTR shares. Raymond James Financial reiterated 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. raised their target price on shares of Ventas from $72.00 to $76.00 and gave the stock an "overweight" rating in a research note on Tuesday, August 26th. Scotiabank raised their target price on shares of Ventas from $72.00 to $74.00 and gave the stock a "sector perform" rating in a research note on Thursday, August 28th. Argus restated a "buy" rating and set a $75.00 target price on shares of Ventas in a research note on Tuesday, August 26th. Finally, Wall Street Zen cut shares of Ventas from a "hold" rating to a "sell" rating in a research note on Thursday, May 22nd. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Ventas presently has an average rating of "Moderate Buy" and a consensus price target of $74.36.

Insider Buying and Selling at Ventas

In related news, CFO Robert F. Probst sold 29,691 shares of Ventas stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $68.49, for a total value of $2,033,536.59. Following the completion of the sale, the chief financial officer directly owned 168,364 shares in the company, valued at $11,531,250.36. The trade was a 14.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Debra A. Cafaro sold 10,322 shares of Ventas stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $67.80, for a total value of $699,831.60. Following the completion of the sale, the chief executive officer owned 1,145,695 shares of the company's stock, valued at $77,678,121. The trade was a 0.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 276,788 shares of company stock valued at $18,279,081. Corporate insiders own 0.80% of the company's stock.

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.

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