Foresight Group Ltd Liability Partnership Grows Stock Position in Ventas, Inc. $VTR

Key Points

• Foresight Group Ltd Liability Partnership has increased its holdings in Ventas, Inc. by 537.6% in the first quarter, owning 113,299 shares valued at approximately $7.79 million.
• Ventas reported earnings of $0.87 per share for the quarter, exceeding analysts' expectations, with a revenue growth of 18.3% year-over-year.
• Analysts have varied ratings on Ventas, with target prices ranging from $72 to $78, highlighting a consensus rating of "Moderate Buy" and a target price of $74.36.

Foresight Group Ltd Liability Partnership raised its holdings in Ventas, Inc. (NYSE:VTR - Free Report) by 537.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 113,299 shares of the real estate investment trust's stock after buying an additional 95,530 shares during the quarter. Foresight Group Ltd Liability Partnership's holdings in Ventas were worth $7,787,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Acadian Asset Management LLC purchased a new stake in Ventas in the first quarter valued at approximately $3,512,000. Intech Investment Management LLC raised its stake in Ventas by 68.3% during the first quarter. Intech Investment Management LLC now owns 72,573 shares of the real estate investment trust's stock worth $4,990,000 after purchasing an additional 29,464 shares during the period. Focus Partners Wealth boosted its holdings in shares of Ventas by 130.4% in the 1st quarter. Focus Partners Wealth now owns 21,613 shares of the real estate investment trust's stock valued at $1,486,000 after purchasing an additional 12,233 shares during the last quarter. Integrity Alliance LLC. purchased a new stake in shares of Ventas during the 1st quarter valued at $273,000. Finally, Glenview Trust co increased its holdings in shares of Ventas by 38.2% during the 1st quarter. Glenview Trust co now owns 6,485 shares of the real estate investment trust's stock worth $446,000 after buying an additional 1,792 shares during the last quarter. 94.18% of the stock is currently owned by hedge funds and other institutional investors.

Ventas Price Performance

VTR stock opened at $69.21 on Thursday. The firm has a market cap of $31.45 billion, a P/E ratio of 160.95, a price-to-earnings-growth ratio of 2.52 and a beta of 0.87. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.68 and a current ratio of 0.68. Ventas, Inc. has a 1 year low of $56.68 and a 1 year high of $71.36. The stock has a 50-day simple moving average of $66.92 and a 200-day simple moving average of $66.30.

Ventas (NYSE:VTR - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The real estate investment trust reported $0.87 earnings per share for the quarter, topping analysts' consensus estimates of $0.85 by $0.02. The firm had revenue of $1.42 billion during 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%.Ventas's quarterly revenue was up 18.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.80 EPS. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. On average, equities analysts predict that Ventas, Inc. will post 3.4 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Ventas news, CFO Robert F. Probst sold 29,691 shares of the company's stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $68.49, for a total value of $2,033,536.59. Following the completion of the transaction, the chief financial officer directly owned 168,364 shares of the company's stock, valued at $11,531,250.36. This represents a 14.99% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Debra A. Cafaro sold 10,322 shares of the firm's stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $67.80, for a total value of $699,831.60. Following the sale, the chief executive officer owned 1,145,695 shares of the company's stock, valued at $77,678,121. This represents a 0.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 276,788 shares of company stock valued at $18,279,081. Company insiders own 0.80% of the company's stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on VTR. Scotiabank lifted their target price on Ventas from $72.00 to $74.00 and gave the company a "sector perform" rating in a report on Thursday, August 28th. Morgan Stanley raised 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. Raymond James Financial reiterated an "outperform" rating and set a $78.00 target price (up previously from $74.00) on shares of Ventas in a report on Friday, August 22nd. Wall Street Zen downgraded shares of Ventas from a "hold" rating to a "sell" rating in a research report on Thursday, May 22nd. Finally, Argus reaffirmed a "buy" rating and set a $75.00 price target on shares of Ventas in a research report on Tuesday, August 26th. One 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 MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $74.36.

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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