Ventas, Inc. $VTR Shares Purchased by Adage Capital Partners GP L.L.C.

Key Points

• Adage Capital Partners GP L.L.C. has increased its holdings in Ventas, Inc. by 25.3%, acquiring a total of 1,424,000 shares valued at approximately $97.9 million.
• Numerous institutional investors, including Vanguard Group, JPMorgan Chase, and Nuveen LLC, have also made significant investments in Ventas, with hedge funds now owning 94.18% of the company's stock.
• Ventas reported earnings of $0.87 EPS for the last quarter, surpassing estimates, along with quarterly revenue of $1.42 billion, reflecting an 18.3% increase compared to the previous year.

Adage Capital Partners GP L.L.C. increased its holdings in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 25.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,424,000 shares of the real estate investment trust's stock after purchasing an additional 287,100 shares during the period. Adage Capital Partners GP L.L.C. owned approximately 0.32% of Ventas worth $97,914,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Cloud Capital Management LLC purchased a new position in shares of Ventas during the first quarter worth $25,000. Larson Financial Group LLC grew its position in Ventas by 1,334.6% during the first quarter. Larson Financial Group LLC now owns 373 shares of the real estate investment trust's stock valued at $26,000 after buying an additional 347 shares during the period. Franchise Capital Ltd acquired a new stake in Ventas during the first quarter valued at $32,000. Rossby Financial LCC acquired a new stake in Ventas during the first quarter valued at $34,000. Finally, Zions Bancorporation National Association UT acquired a new stake in Ventas during the first quarter valued at $41,000. Hedge funds and other institutional investors own 94.18% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on VTR. Scotiabank raised their price target on shares of Ventas from $72.00 to $74.00 and gave the company a "sector perform" rating in a research report on Thursday, August 28th. Wall Street Zen lowered shares of Ventas from a "hold" rating to a "sell" rating in a research report on Thursday, May 22nd. Raymond James Financial reiterated an "outperform" rating and issued a $78.00 target price (up previously from $74.00) on shares of Ventas in a research report on Friday, August 22nd. Morgan Stanley lifted their target price on shares of Ventas from $70.00 to $75.00 and gave the company an "equal weight" rating in a research report on Friday, August 15th. Finally, Argus reiterated a "buy" rating and issued a $75.00 target price on shares of Ventas in a research report on Tuesday, August 26th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $74.36.

Ventas Trading Up 0.2%

NYSE:VTR traded up $0.16 on Friday, hitting $67.88. The stock had a trading volume of 2,688,717 shares, compared to its average volume of 2,312,876. The company has a fifty day moving average price of $66.59 and a two-hundred day moving average price of $66.26. The stock has a market cap of $30.85 billion, a price-to-earnings ratio of 157.87, a PEG 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 quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 1.13.

Ventas (NYSE:VTR - Get Free Report) last released its quarterly 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. The business had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.37 billion. Ventas had a net margin of 3.61% and a return on equity of 1.75%. The business's revenue was up 18.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.80 EPS. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. Equities research analysts expect that Ventas, Inc. will post 3.4 earnings per share for the current fiscal year.

Insider Activity at Ventas

In other Ventas news, CFO Robert F. Probst sold 29,691 shares of the 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 sale, the chief financial officer directly owned 168,364 shares of the company's stock, valued at approximately $11,531,250.36. This represents a 14.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Debra A. Cafaro sold 10,322 shares of the stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $67.80, for a total transaction of $699,831.60. Following the completion of the transaction, the chief executive officer directly owned 1,145,695 shares in the company, valued at $77,678,121. This trade represents a 0.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 276,788 shares of company stock worth $18,279,081. 0.80% of the stock is owned by insiders.

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.