Gotham Asset Management LLC Has $22.27 Million Stock Holdings in Ventas, Inc. $VTR

Key Points

• Gotham Asset Management LLC increased its position in Ventas, Inc. by 70.1% in Q1, acquiring an additional 133,480 shares and bringing its total to 323,846 shares valued at approximately $22.27 million.
• A variety of other institutional investors also expanded their stakes, with notable increases from Nuveen LLC and JPMorgan Chase & Co., showcasing strong institutional interest in Ventas.
• Analysts have set new price targets for Ventas, with estimates ranging from $70.00 to $78.00, indicating positive sentiment and a consensus rating of "Moderate Buy."

Gotham Asset Management LLC lifted its stake in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 70.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 323,846 shares of the real estate investment trust's stock after buying an additional 133,480 shares during the quarter. Gotham Asset Management LLC owned about 0.07% of Ventas worth $22,268,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Lindbrook Capital LLC boosted its position in shares of Ventas by 3.9% during the 1st 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. Hennion & Walsh Asset Management Inc. increased its position in Ventas by 1.6% during the 1st 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 grew its position 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 valued at $1,965,000 after acquiring an additional 183 shares in the last quarter. Smartleaf Asset Management LLC boosted its stake in shares of Ventas by 7.1% during the 1st quarter. Smartleaf Asset Management LLC now owns 2,896 shares of the real estate investment trust's stock valued at $199,000 after buying an additional 193 shares during the last quarter. Finally, Quarry LP boosted its stake in shares of Ventas by 17.9% during the 1st quarter. Quarry LP now owns 1,313 shares of the real estate investment trust's stock valued at $90,000 after buying an additional 199 shares during the last quarter. 94.18% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. 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 report on Friday, August 15th. Scotiabank increased their price target on Ventas from $72.00 to $74.00 and gave the company a "sector perform" rating in a research report on Thursday, August 28th. Wall Street Zen lowered Ventas from a "hold" rating to a "sell" rating in a report on Thursday, May 22nd. Argus restated a "buy" rating and issued a $75.00 target price on shares of Ventas in a report on Tuesday, August 26th. Finally, JPMorgan Chase & Co. lifted their price target on Ventas from $72.00 to $76.00 and gave the stock an "overweight" rating in a research report on Tuesday, August 26th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $74.36.

Insider Buying and Selling

In other Ventas news, CFO Robert F. Probst sold 29,691 shares of the firm's stock in a transaction 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 transaction, the chief financial officer owned 168,364 shares in the company, valued at $11,531,250.36. This trade represents a 14.99% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Debra A. Cafaro sold 10,322 shares of the business's stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $67.80, for a total value of $699,831.60. Following the transaction, the chief executive officer directly owned 1,145,695 shares of the company's stock, valued at $77,678,121. This trade represents a 0.89% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 276,788 shares of company stock valued at $18,279,081. Insiders own 1.00% of the company's stock.

Ventas Trading Up 0.2%

NYSE:VTR traded up $0.16 during mid-day trading on Friday, hitting $67.88. The company had a trading volume of 2,688,717 shares, compared to its average volume of 2,362,682. Ventas, Inc. has a fifty-two week low of $56.68 and a fifty-two week high of $71.36. The business's fifty day moving average is $66.59 and its two-hundred day moving average is $66.26. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.68 and a current ratio of 0.68. The firm has a market cap of $30.85 billion, a P/E ratio of 157.87, a P/E/G ratio of 2.50 and a beta of 0.87.

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 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 during the quarter, compared to the consensus estimate of $1.37 billion. During the same period in the prior year, the company earned $0.80 earnings per share. The company's revenue for the quarter was up 18.3% compared to the same quarter last year. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. As a group, research analysts expect that Ventas, Inc. will post 3.4 earnings per share for the current 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.