Ventas, Inc. $VTR Shares Sold by Fjarde AP Fonden Fourth Swedish National Pension Fund

Key Points

• Fjarde AP Fonden Fourth Swedish National Pension Fund reduced its stake in Ventas, Inc. by 16.4%, holding 68,824 shares valued at approximately $4.73 million after selling 13,500 shares in the first quarter.
• A variety of hedge funds have adjusted their positions in Ventas, including Mariner LLC which increased its stake by 10%, and CreativeOne Wealth LLC which raised its stake by 77.6% during the fourth quarter.
• Ventas EPS exceeded analyst expectations, reporting $0.87 for the quarter, up from $0.80 year-over-year, with an expected earnings per share of 3.4 for the current year.

Fjarde AP Fonden Fourth Swedish National Pension Fund reduced its position in Ventas, Inc. (NYSE:VTR - Free Report) by 16.4% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 68,824 shares of the real estate investment trust's stock after selling 13,500 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund's holdings in Ventas were worth $4,732,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in VTR. Cloud Capital Management LLC purchased a new position in Ventas during the first quarter worth about $25,000. Larson Financial Group LLC increased its position in Ventas by 1,334.6% during the 1st quarter. Larson Financial Group LLC now owns 373 shares of the real estate investment trust's stock worth $26,000 after purchasing an additional 347 shares during the period. Franchise Capital Ltd purchased a new position in shares of Ventas during the 1st quarter worth approximately $32,000. Rossby Financial LCC purchased a new position in shares of Ventas during the 1st quarter worth approximately $34,000. Finally, Bank Julius Baer & Co. Ltd Zurich acquired a new stake in shares of Ventas in the 1st quarter valued at approximately $41,000. Institutional investors and hedge funds own 94.18% of the company's stock.

Insider Activity

In related news, CFO Robert F. Probst sold 168,318 shares of Ventas stock in a transaction 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 transaction, the chief financial officer owned 168,364 shares in the company, valued at approximately $11,004,271.04. This trade represents a 49.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Debra A. Cafaro sold 14,753 shares of the company's stock in a transaction dated Monday, July 14th. The stock was sold at an average price of $65.60, for a total value of $967,796.80. Following the sale, the chief executive officer owned 1,145,695 shares of the company's stock, valued at $75,157,592. This represents a 1.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 307,340 shares of company stock valued at $20,221,787 in the last 90 days. 0.80% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research analysts recently weighed in on VTR shares. Morgan Stanley upped their price objective on Ventas from $70.00 to $75.00 and gave the stock an "equal weight" rating in a report on Friday, August 15th. Scotiabank raised their price objective 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. Royal Bank Of Canada upped their target price on shares of Ventas from $74.00 to $75.00 and gave the stock an "outperform" rating in a research report on Wednesday, May 7th. JPMorgan Chase & Co. upgraded shares of Ventas from a "neutral" rating to an "overweight" rating and lifted their price target for the company from $70.00 to $72.00 in a research report on Monday, June 23rd. Finally, Wall Street Zen cut Ventas from a "hold" rating to a "sell" rating in a report on Thursday, May 22nd. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat, Ventas currently has an average rating of "Moderate Buy" and an average price target of $73.40.

Ventas Price Performance

NYSE:VTR traded up $0.0070 during trading hours on Thursday, reaching $69.1870. 1,001,124 shares of the company traded hands, compared to its average volume of 3,073,853. 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 firm's 50-day moving average is $65.45 and its 200-day moving average is $65.80. The stock has a market cap of $31.44 billion, a P/E ratio of 160.91, a P/E/G ratio of 2.44 and a beta of 0.87. Ventas, Inc. has a 1-year low of $56.68 and a 1-year high of $71.36.

Ventas (NYSE:VTR - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The real estate investment trust reported $0.87 EPS for the quarter, beating analysts' consensus estimates 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%.The business's revenue for the quarter was up 18.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.80 earnings per share. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. Equities research analysts expect that Ventas, Inc. will post 3.4 earnings per share for the current fiscal 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.