Cubist Systematic Strategies LLC Takes $10.09 Million Position in Ventas, Inc. $VTR

Key Points

• Cubist Systematic Strategies LLC has acquired a new stake in Ventas, Inc., purchasing 146,714 shares valued at approximately $10,088,000 during the 1st quarter.
• Ventas reported earnings per share (EPS) of $0.87 for the last quarter, exceeding analyst estimates, and forecasts a FY 2025 EPS between 3.410 and 3.46.
• Despite institutional investors owning 94.18% of the company's stock, CEO Debra A. Cafaro and CFO Robert F. Probst recently sold shares, indicating some insider profit-taking.

Cubist Systematic Strategies LLC bought a new position in shares of Ventas, Inc. (NYSE:VTR - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 146,714 shares of the real estate investment trust's stock, valued at approximately $10,088,000.

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

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on VTR shares. Raymond James Financial reiterated an "outperform" rating and set a $78.00 price target (up from $74.00) on shares of Ventas in a report on Friday, August 22nd. Scotiabank lifted their price target on Ventas from $72.00 to $74.00 and gave the company a "sector perform" rating in a report on Thursday, August 28th. Argus reiterated a "buy" rating and set a $75.00 price target on shares of Ventas in a report on Tuesday, August 26th. Morgan Stanley lifted their price target on Ventas from $70.00 to $75.00 and gave the company an "equal weight" rating in a report on Friday, August 15th. Finally, JPMorgan Chase & Co. lifted their price target on Ventas from $72.00 to $76.00 and gave the company an "overweight" rating in a report on Tuesday, August 26th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Ventas currently has an average rating of "Moderate Buy" and an average price target of $74.36.

Ventas Stock Performance

VTR traded up $0.16 on Friday, hitting $67.88. The company had a trading volume of 2,688,717 shares, compared to its average volume of 2,312,876. The company's fifty day moving average price is $66.59 and its 200 day moving average price is $66.26. Ventas, Inc. has a 1-year low of $56.68 and a 1-year high of $71.36. The company has a debt-to-equity ratio of 1.13, a current ratio of 0.68 and a quick ratio of 0.68. The stock has a market cap of $30.85 billion, a price-to-earnings ratio of 157.87, a price-to-earnings-growth ratio of 2.50 and a beta of 0.87.

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

Insider Activity at Ventas

In other Ventas news, CEO Debra A. Cafaro sold 14,753 shares of Ventas stock in a transaction that occurred on Monday, July 14th. The stock was sold at an average price of $65.60, for a total value of $967,796.80. Following the transaction, the chief executive officer directly owned 1,145,695 shares of the company's stock, valued at $75,157,592. The trade was a 1.27% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Robert F. Probst sold 168,318 shares of Ventas stock in a transaction that occurred on Monday, July 14th. The stock was sold at an average price of $65.36, for a total value of $11,001,264.48. Following the completion of the transaction, the chief financial officer directly owned 168,364 shares in the company, 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. Over the last ninety days, insiders sold 276,788 shares of company stock worth $18,279,081. Company insiders own 0.80% 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.