Alyeska Investment Group L.P. Makes New Investment in Ventas, Inc. $VTR

Key Points

• Alyeska Investment Group L.P. acquired 845,508 shares of Ventas, Inc., valued at approximately $58.14 million, during the first quarter, representing a stake of 0.19% in the company.
• Institutional investors collectively own 94.18% of Ventas, with other significant investments including those from Cloud Capital Management and Larson Financial Group.
• Analysts have set new price targets for Ventas, with consensus expectations indicating a target price of $74.36 and ratings ranging from Strong Buy to Hold.

Alyeska Investment Group L.P. bought a new stake in Ventas, Inc. (NYSE:VTR - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 845,508 shares of the real estate investment trust's stock, valued at approximately $58,137,000. Alyeska Investment Group L.P. owned about 0.19% of Ventas as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Ethic Inc. grew its holdings in Ventas by 27.9% in the 1st quarter. Ethic Inc. now owns 66,748 shares of the real estate investment trust's stock valued at $4,624,000 after buying an additional 14,568 shares during the last quarter. DAVENPORT & Co LLC acquired a new stake in Ventas in the 1st quarter valued at approximately $276,000. NBC Securities Inc. acquired a new stake in Ventas in the 1st quarter valued at approximately $65,000. Cbre Investment Management Listed Real Assets LLC grew its holdings in shares of Ventas by 25.7% during the 1st quarter. Cbre Investment Management Listed Real Assets LLC now owns 376,973 shares of the real estate investment trust's stock worth $25,921,000 after purchasing an additional 77,066 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in shares of Ventas by 40.9% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 34,773 shares of the real estate investment trust's stock worth $2,391,000 after purchasing an additional 10,091 shares in the last quarter. Institutional investors and hedge funds own 94.18% of the company's stock.

Ventas Stock Up 0.2%

VTR traded up $0.16 on Friday, hitting $67.88. 2,688,717 shares of the company were exchanged, compared to its average volume of 2,312,876. Ventas, Inc. has a 12 month low of $56.68 and a 12 month high of $71.36. The company has a market cap of $30.85 billion, a PE ratio of 157.87, a PEG ratio of 2.50 and a beta of 0.87. 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 stock's fifty day moving average is $66.59 and its 200-day moving average is $66.26.

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, topping the consensus estimate of $0.85 by $0.02. The business had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.37 billion. Ventas had a return on equity of 1.75% and a net margin of 3.61%.Ventas's revenue was up 18.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.80 earnings per share. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. Equities research analysts predict that Ventas, Inc. will post 3.4 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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

Insider Activity at Ventas

In other Ventas news, 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 in the company, valued at $77,678,121. The trade was a 0.89% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Robert F. Probst sold 29,691 shares of the business's stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $68.49, for a total transaction of $2,033,536.59. Following the completion of the sale, the chief financial officer directly owned 168,364 shares of the company's stock, valued at $11,531,250.36. This represents a 14.99% decrease in their position. The disclosure for this sale can be found here. Insiders sold 276,788 shares of company stock worth $18,279,081 in the last 90 days. Corporate insiders own 0.80% of the company's stock.

About Ventas

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.