Goldman Sachs Group Inc. Buys 1,056,447 Shares of Ventas, Inc. $VTR

Key Points

• Goldman Sachs Group Inc. increased its stake in Ventas, Inc. by 40.7% during Q1, now holding a total of 3,649,367 shares worth approximately $250.93 million.
• Other institutional investors have also made significant moves, with Vanguard Group Inc. acquiring 68,941,561 shares valued at $4.74 billion, and JPMorgan Chase & Co. adding 2,811,241 shares to its holdings.
• Ventas reported a quarterly EPS of $0.87 for July 30th, exceeding estimates, with revenue rising 18.3% from the previous year, leading to a FY 2025 EPS guidance of 3.410-3.46.

Goldman Sachs Group Inc. raised its position in Ventas, Inc. (NYSE:VTR - Free Report) by 40.7% during the first quarter, according to its most recent filing with the SEC. The firm owned 3,649,367 shares of the real estate investment trust's stock after purchasing an additional 1,056,447 shares during the period. Goldman Sachs Group Inc. owned 0.81% of Ventas worth $250,930,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of VTR. Nuveen LLC acquired a new position in shares of Ventas during the 1st quarter valued at $359,113,000. JPMorgan Chase & Co. increased its stake in Ventas by 9.5% during the 1st quarter. JPMorgan Chase & Co. now owns 32,347,333 shares of the real estate investment trust's stock valued at $2,224,203,000 after purchasing an additional 2,811,241 shares in the last quarter. Vanguard Group Inc. increased its stake in Ventas by 3.7% during the 1st 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 in the last quarter. Rush Island Management LP increased its stake in Ventas by 130.6% during the 4th 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 in the last quarter. Finally, AQR Capital Management LLC increased its stake in Ventas by 289.6% during the 1st quarter. AQR Capital Management LLC now owns 1,603,300 shares of the real estate investment trust's stock valued at $110,243,000 after purchasing an additional 1,191,773 shares in the last quarter. Institutional investors and hedge funds own 94.18% of the company's stock.

Ventas Price Performance

Shares of Ventas stock traded up $0.27 on Friday, reaching $69.72. The stock had a trading volume of 1,758,466 shares, compared to its average volume of 2,339,779. Ventas, Inc. has a 1 year low of $56.68 and a 1 year high of $71.36. The company has a market cap of $31.69 billion, a P/E ratio of 162.15, a price-to-earnings-growth ratio of 2.56 and a beta of 0.87. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 1.13. The business's 50 day moving average is $67.18 and its two-hundred day moving average is $66.33.

Ventas (NYSE:VTR - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The real estate investment trust reported $0.87 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.85 by $0.02. The firm had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.37 billion. Ventas had a net margin of 3.61% and a return on equity of 1.75%. The company's revenue for the quarter was up 18.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.80 earnings per share. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. As a group, research analysts anticipate that Ventas, Inc. will post 3.4 EPS for the current year.

Insider Buying and Selling

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

Analyst Ratings Changes

VTR has been the subject of several recent analyst reports. Scotiabank upped their target price on shares of Ventas from $72.00 to $74.00 and gave the stock a "sector perform" rating in a research note on Thursday, August 28th. Argus reiterated a "buy" rating and issued a $75.00 target price on shares of Ventas in a research note on Tuesday, August 26th. Morgan Stanley upped their target price on shares of 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. increased their price target on shares of Ventas from $72.00 to $76.00 and gave the company an "overweight" rating in a research report on Tuesday, August 26th. Finally, 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 research report on Friday, August 22nd. 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's stock. According to data from MarketBeat.com, the company 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.