Ventas, Inc. (NYSE:VTR) Holdings Lifted by Charles Schwab Investment Management Inc.

Key Points

• Charles Schwab Investment Management Inc. increased its stake in Ventas, Inc. by 4.7% in Q1, owning approximately 5.27 million shares worth around $362 million.
• Ventas reported a quarterly earnings per share (EPS) of $0.87, surpassing analyst expectations, with revenue rising by 18.3% year-over-year.
• Several analysts have revised their ratings for Ventas, with Royal Bank of Canada upgrading their price target from $74 to $75 while maintaining an "outperform" rating.

Charles Schwab Investment Management Inc. boosted its position in Ventas, Inc. (NYSE:VTR - Free Report) by 4.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,266,301 shares of the real estate investment trust's stock after purchasing an additional 238,286 shares during the period. Charles Schwab Investment Management Inc. owned about 1.20% of Ventas worth $362,111,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in VTR. Vanguard Group Inc. lifted its position in Ventas by 3.7% in the first 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 purchasing an additional 2,440,551 shares during the period. Northern Trust Corp lifted its position in Ventas by 60.8% in the fourth quarter. Northern Trust Corp now owns 6,207,553 shares of the real estate investment trust's stock valued at $365,563,000 after purchasing an additional 2,347,705 shares during the period. Rush Island Management LP lifted its position in Ventas by 130.6% in the fourth quarter. Rush Island Management LP now owns 3,097,830 shares of the real estate investment trust's stock valued at $182,431,000 after purchasing an additional 1,754,494 shares during the period. Marshall Wace LLP lifted its position in Ventas by 1,489.5% in the fourth quarter. Marshall Wace LLP now owns 1,456,112 shares of the real estate investment trust's stock valued at $85,750,000 after purchasing an additional 1,364,504 shares during the period. Finally, Zimmer Partners LP acquired a new stake in Ventas in the fourth quarter valued at about $67,719,000. Institutional investors and hedge funds own 94.18% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. JPMorgan Chase & Co. upgraded shares of Ventas from a "neutral" rating to an "overweight" rating and raised their price objective for the company from $70.00 to $72.00 in a research report on Monday, June 23rd. Scotiabank lifted their price target on shares of Ventas from $71.00 to $72.00 and gave the company a "sector perform" rating in a research report on Monday, June 23rd. Royal Bank Of Canada lifted their price target on shares of Ventas from $74.00 to $75.00 and gave the company an "outperform" rating in a research report on Wednesday, May 7th. Finally, Wall Street Zen downgraded shares of Ventas from a "hold" rating to a "sell" rating in a research report on Thursday, May 22nd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Ventas presently has an average rating of "Moderate Buy" and a consensus price target of $72.90.

Insider Activity

In other 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 sale, 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 sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Debra A. Cafaro sold 10,322 shares of the company's stock in a transaction dated 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 owned 1,145,695 shares in the company, valued at approximately $77,219,843. This trade represents a 0.89% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 376,932 shares of company stock worth $24,716,734. 1.00% of the stock is currently owned by corporate insiders.

Ventas Stock Down 1.4%

Ventas stock traded down $0.93 during trading on Wednesday, reaching $67.58. 1,311,219 shares of the company's stock were exchanged, compared to its average volume of 3,092,714. Ventas, Inc. has a 52-week low of $56.68 and a 52-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 $30.71 billion, a price-to-earnings ratio of 157.26, a PEG ratio of 2.47 and a beta of 0.87. The company's 50-day moving average is $64.88 and its two-hundred day moving average is $65.53.

Ventas (NYSE:VTR - Get Free Report) last released its quarterly earnings results 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 business had revenue of $1.42 billion for the quarter, compared to analysts' expectations of $1.37 billion. Ventas had a return on equity of 1.75% and a net margin of 3.61%. The company's revenue was up 18.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.80 earnings per share. On average, analysts predict that Ventas, Inc. will post 3.4 earnings per share for the current year.

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.