Ventas, Inc. $VTR is HGI Capital Management LLC's 4th Largest Position

Key Points

• HGI Capital Management LLC has reduced its stake in Ventas, Inc. by 9.1%, selling 8,796 shares and now holding 88,337 shares valued at approximately $6.07 million.
• Wall Street analysts have mostly rated Ventas with a consensus of "Moderate Buy," with price targets ranging up to $78.00 from various firms, including Raymond James and JPMorgan Chase.
• Ventas reported $0.87 EPS for the last quarter, beating estimates and representing an 18.3% year-over-year revenue increase, highlighting its ongoing financial growth.

HGI Capital Management LLC cut its stake in Ventas, Inc. (NYSE:VTR - Free Report) by 9.1% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 88,337 shares of the real estate investment trust's stock after selling 8,796 shares during the quarter. Ventas comprises approximately 7.6% of HGI Capital Management LLC's investment portfolio, making the stock its 4th biggest position. HGI Capital Management LLC's holdings in Ventas were worth $6,074,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Ethic Inc. increased its stake in shares of Ventas by 27.9% in the 1st quarter. Ethic Inc. now owns 66,748 shares of the real estate investment trust's stock worth $4,624,000 after acquiring an additional 14,568 shares during the last quarter. DAVENPORT & Co LLC acquired a new stake in shares of Ventas during the 1st quarter worth about $276,000. NBC Securities Inc. acquired a new stake in shares of Ventas during the 1st quarter worth about $65,000. Cbre Investment Management Listed Real Assets LLC increased its position in shares of Ventas by 25.7% during the 1st quarter. Cbre Investment Management Listed Real Assets LLC now owns 376,973 shares of the real estate investment trust's stock worth $25,921,000 after purchasing an additional 77,066 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its position in shares of Ventas by 40.9% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 34,773 shares of the real estate investment trust's stock worth $2,391,000 after purchasing an additional 10,091 shares during the last quarter. 94.18% of the stock is owned by institutional investors and hedge funds.

Ventas Trading Up 0.8%

Ventas stock traded up $0.57 during midday trading on Friday, reaching $68.11. 2,121,825 shares of the stock traded hands, compared to its average volume of 2,630,710. The company has a 50-day simple moving average of $66.14 and a two-hundred day simple moving average of $66.21. Ventas, Inc. has a 12-month low of $56.68 and a 12-month high of $71.36. The firm has a market cap of $30.95 billion, a PE ratio of 158.38, a price-to-earnings-growth ratio of 2.51 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.

Ventas (NYSE:VTR - Get Free Report) last announced its earnings results 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. 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 analysts' expectations of $1.37 billion. During the same period last year, the business posted $0.80 EPS. Ventas's revenue for the quarter was up 18.3% on a year-over-year basis. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. Research analysts expect that Ventas, Inc. will post 3.4 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

VTR has been the subject of a number of recent analyst reports. Wall Street Zen downgraded Ventas from a "hold" rating to a "sell" rating in a research report on Thursday, May 22nd. Scotiabank raised their price objective on Ventas from $72.00 to $74.00 and gave the stock a "sector perform" rating in a research report on Thursday. Raymond James Financial reissued an "outperform" rating and set a $78.00 price objective (up from $74.00) on shares of Ventas in a research report on Friday, August 22nd. Royal Bank Of Canada raised their price objective on Ventas from $74.00 to $75.00 and gave the stock an "outperform" rating in a research report on Wednesday, May 7th. Finally, Argus reissued a "buy" rating and set a $75.00 price objective on shares of Ventas in a research report on Tuesday, August 26th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $74.36.

Insider Transactions at Ventas

In other news, CEO Debra A. Cafaro sold 14,753 shares of Ventas 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 completion of the transaction, the chief executive officer owned 1,145,695 shares in the company, valued at approximately $75,157,592. This trade represents a 1.27% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Robert F. Probst sold 168,318 shares of Ventas stock in a transaction dated Monday, July 14th. The shares were 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 owned 168,364 shares of the company's stock, valued at $11,004,271.04. The trade was a 49.99% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 266,466 shares of company stock valued at $17,579,249 over the last 90 days. 0.80% of the stock is currently owned by company insiders.

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.