Ventas, Inc. $VTR Shares Sold by American Century Companies Inc.

Key Points

• American Century Companies Inc. reduced its stake in Ventas, Inc. by 4.3%, totaling approximately $207.9 million after selling 136,885 shares in Q1.
• Other institutional investors, including Nuveen LLC and JPMorgan Chase & Co., have significantly increased their holdings in Ventas, contributing to 94.18% of the stock being owned by hedge funds.
• Ventas reported earnings of $0.87 EPS for the last quarter, surpassing expectations and showing an 18.3% revenue increase compared to the same period last year.

American Century Companies Inc. lowered its stake in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 4.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,024,006 shares of the real estate investment trust's stock after selling 136,885 shares during the period. American Century Companies Inc. owned approximately 0.67% of Ventas worth $207,931,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Vanguard Group Inc. raised its stake in Ventas by 3.7% during the first quarter. Vanguard Group Inc. now owns 68,941,561 shares of the real estate investment trust's stock worth $4,740,422,000 after purchasing an additional 2,440,551 shares during the period. JPMorgan Chase & Co. raised its stake in shares of Ventas by 9.5% in 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. Dimensional Fund Advisors LP raised its stake in shares of Ventas by 3.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 6,338,089 shares of the real estate investment trust's stock valued at $435,806,000 after acquiring an additional 233,639 shares during the period. Northern Trust Corp raised its stake in shares of Ventas by 60.8% in the 4th quarter. Northern Trust Corp now owns 6,207,553 shares of the real estate investment trust's stock valued at $365,563,000 after acquiring an additional 2,347,705 shares during the period. Finally, Price T Rowe Associates Inc. MD raised its stake in shares of Ventas by 5.8% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 6,133,172 shares of the real estate investment trust's stock valued at $361,184,000 after acquiring an additional 335,192 shares during the period. Hedge funds and other institutional investors own 94.18% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. JPMorgan Chase & Co. raised shares of Ventas from a "neutral" rating to an "overweight" rating and raised their target price for the company from $70.00 to $72.00 in a research note on Monday, June 23rd. Scotiabank raised their target price on shares of Ventas from $71.00 to $72.00 and gave the company a "sector perform" rating in a research note on Monday, June 23rd. Wall Street Zen downgraded shares of Ventas from a "hold" rating to a "sell" rating in a research note on Thursday, May 22nd. Morgan Stanley lifted their price target on shares of Ventas from $70.00 to $75.00 and gave the stock an "equal weight" rating in a research note on Friday, August 15th. Finally, Royal Bank Of Canada lifted their price target 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. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $73.40.

Insiders Place Their Bets

In other Ventas news, EVP Carey S. Roberts sold 23,500 shares of the company's stock in a transaction dated 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 completion of the transaction, the executive vice president owned 116,650 shares in the company, valued at approximately $7,492,429.50. This represents a 16.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Robert F. Probst sold 168,318 shares of the company's stock in a transaction that occurred on Monday, July 14th. The stock was sold at an average price of $65.36, for a total transaction of $11,001,264.48. Following the completion of the sale, the chief financial officer directly owned 168,364 shares of the company's stock, valued at approximately $11,004,271.04. This represents a 49.99% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 307,340 shares of company stock worth $20,221,787. Insiders own 1.00% of the company's stock.

Ventas Stock Up 2.0%

Shares of VTR traded up $1.3530 during midday trading on Wednesday, hitting $69.3130. The company had a trading volume of 1,862,976 shares, compared to its average volume of 3,079,149. The company's 50 day moving average price is $65.33 and its 200 day moving average price is $65.78. The stock has a market cap of $31.50 billion, a price-to-earnings ratio of 161.10, a PEG ratio of 2.42 and a beta of 0.87. Ventas, Inc. has a 52 week low of $56.68 and a 52 week 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 posted its quarterly earnings results on Wednesday, July 30th. The real estate investment trust reported $0.87 EPS for the quarter, beating the consensus estimate of $0.85 by $0.02. Ventas had a net margin of 3.61% and a return on equity of 1.75%. The business had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.37 billion. During the same period in the previous year, the business posted $0.80 EPS. The company's quarterly revenue was up 18.3% on a year-over-year basis. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. On average, equities research analysts predict that Ventas, Inc. will post 3.4 EPS for the current year.

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.