Credit Agricole S A Sells 99,582 Shares of Ventas, Inc. $VTR

Key Points

• Credit Agricole S A sold 99,582 shares of Ventas, Inc., reducing its stake in the healthcare REIT by 90% to 11,020 shares, valued at approximately $758,000.
• Multiple institutional investors, including Lindbrook Capital and DoubleLine ETF Adviser, have increased their holdings in Ventas, indicating ongoing interest despite Credit Agricole's sell-off.
• Analysts have mixed ratings on Ventas, with most giving it a "Moderate Buy" average and target prices ranging up to $78.00, reflecting confidence in the company's long-term performance.

Credit Agricole S A decreased its position in Ventas, Inc. (NYSE:VTR - Free Report) by 90.0% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,020 shares of the real estate investment trust's stock after selling 99,582 shares during the quarter. Credit Agricole S A's holdings in Ventas were worth $758,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Lindbrook Capital LLC raised its holdings in Ventas by 3.9% in the first quarter. Lindbrook Capital LLC now owns 4,440 shares of the real estate investment trust's stock worth $305,000 after purchasing an additional 165 shares in the last quarter. DoubleLine ETF Adviser LP raised its holdings in Ventas by 0.6% in the fourth quarter. DoubleLine ETF Adviser LP now owns 29,695 shares of the real estate investment trust's stock worth $1,749,000 after purchasing an additional 171 shares in the last quarter. Hennion & Walsh Asset Management Inc. raised its holdings in Ventas by 1.6% in the first quarter. Hennion & Walsh Asset Management Inc. now owns 10,674 shares of the real estate investment trust's stock worth $734,000 after purchasing an additional 172 shares in the last quarter. Kentucky Retirement Systems raised its holdings in Ventas by 0.6% in the first quarter. Kentucky Retirement Systems now owns 28,574 shares of the real estate investment trust's stock worth $1,965,000 after purchasing an additional 183 shares in the last quarter. Finally, Naviter Wealth LLC raised its holdings in Ventas by 0.7% in the first quarter. Naviter Wealth LLC now owns 30,169 shares of the real estate investment trust's stock worth $2,074,000 after purchasing an additional 200 shares in the last quarter. Institutional investors own 94.18% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have issued reports 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 report on Friday. Morgan Stanley increased their target price on Ventas from $70.00 to $75.00 and gave the stock an "equal weight" rating in a research note on Friday, August 15th. JPMorgan Chase & Co. raised Ventas from a "neutral" rating to an "overweight" rating and increased their target price for the stock from $70.00 to $72.00 in a research note on Monday, June 23rd. Wall Street Zen cut Ventas from a "hold" rating to a "sell" rating in a research note on Thursday, May 22nd. Finally, Scotiabank increased their target price on Ventas from $71.00 to $72.00 and gave the stock a "sector perform" rating in a research note on Monday, June 23rd. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, Ventas currently has an average rating of "Moderate Buy" and an average price target of $73.82.

Ventas Trading Down 0.1%

Ventas stock opened at $67.6950 on Tuesday. The company has a debt-to-equity ratio of 1.13, a current ratio of 0.68 and a quick ratio of 0.68. Ventas, Inc. has a one year low of $56.68 and a one year high of $71.36. The stock has a market capitalization of $30.77 billion, a PE ratio of 157.43, a price-to-earnings-growth ratio of 2.50 and a beta of 0.87. The business's fifty day moving average is $65.73 and its 200 day moving average is $66.03.

Ventas (NYSE:VTR - Get Free Report) last released its quarterly earnings data 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 return on equity of 1.75% and a net margin of 3.61%.The company had revenue of $1.42 billion for the quarter, compared to analysts' expectations of $1.37 billion. During the same period last year, the firm posted $0.80 earnings per share. Ventas's revenue was up 18.3% compared to the same quarter last year. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. On average, sell-side analysts predict that Ventas, Inc. will post 3.4 EPS for the current year.

Insider Activity at Ventas

In other Ventas news, CFO Robert F. Probst sold 29,691 shares of the firm's 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 transaction, the chief financial officer directly owned 168,364 shares of the company's stock, valued at approximately $11,531,250.36. This trade represents a 14.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Debra A. Cafaro sold 10,322 shares of the firm's stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $67.40, for a total value of $695,702.80. Following the completion of the transaction, the chief executive officer directly owned 1,145,695 shares in the company, valued at $77,219,843. The trade was a 0.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 289,966 shares of company stock valued at $19,088,654 over the last ninety days. Insiders own 1.00% of the company's stock.

Ventas 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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