Free Trial

Hsbc Holdings PLC Purchases 64,140 Shares of Ventas, Inc. $VTR

Ventas logo with Finance background

Key Points

  • Hsbc Holdings PLC increased its stake in Ventas, Inc. by 4.0% during Q1, now owning 1,662,163 shares worth about $114.2 million.
  • Ventas reported $1.42 billion in revenue for the quarter, exceeding analyst expectations and marking an 18.3% year-over-year increase.
  • Wall Street analysts have a consensus target price of $73.40 for Ventas, with ratings varying from "Strong Buy" to "Sell".
  • Need better tools to track Ventas? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

Hsbc Holdings PLC raised its position in Ventas, Inc. (NYSE:VTR - Free Report) by 4.0% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,662,163 shares of the real estate investment trust's stock after acquiring an additional 64,140 shares during the quarter. Hsbc Holdings PLC owned approximately 0.37% of Ventas worth $114,203,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Cloud Capital Management LLC acquired a new stake in Ventas in the first quarter valued at $25,000. Larson Financial Group LLC lifted its stake in Ventas by 1,334.6% in the first quarter. Larson Financial Group LLC now owns 373 shares of the real estate investment trust's stock valued at $26,000 after acquiring an additional 347 shares during the last quarter. Franchise Capital Ltd acquired a new stake in Ventas in the first quarter valued at $32,000. Rossby Financial LCC acquired a new stake in Ventas in the first quarter valued at $34,000. Finally, Zions Bancorporation National Association UT bought a new position in shares of Ventas in the first quarter valued at about $41,000. Institutional investors and hedge funds own 94.18% of the company's stock.

Ventas Stock Performance

NYSE:VTR traded down $1.4050 during mid-day trading on Friday, reaching $67.7150. 2,665,073 shares of the company's stock were exchanged, compared to its average volume of 2,683,666. Ventas, Inc. has a one year low of $56.68 and a one year high of $71.36. The firm has a market capitalization of $30.77 billion, a PE ratio of 157.48, a price-to-earnings-growth ratio of 2.50 and a beta of 0.87. The business's fifty day simple moving average is $65.63 and its two-hundred day simple moving average is $65.94. 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 (NYSE:VTR - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The real estate investment trust reported $0.87 EPS for the quarter, topping analysts' consensus estimates of $0.85 by $0.02. Ventas had a net margin of 3.61% and a return on equity of 1.75%. The business had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.37 billion. During the same period last year, the firm earned $0.80 earnings per share. Ventas'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. Analysts anticipate that Ventas, Inc. will post 3.4 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CFO Robert F. Probst sold 168,318 shares of the firm's stock in a transaction dated Monday, July 14th. The shares were sold at an average price of $65.36, for a total transaction of $11,001,264.48. Following the transaction, the chief financial officer directly owned 168,364 shares of the company's stock, valued at approximately $11,004,271.04. This trade represents a 49.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Debra A. Cafaro sold 14,753 shares of the firm's stock in a transaction dated Monday, July 14th. The shares were sold at an average price of $65.60, for a total transaction of $967,796.80. Following the completion of the transaction, the chief executive officer directly owned 1,145,695 shares in the company, valued at approximately $75,157,592. This represents a 1.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 307,340 shares of company stock valued at $20,221,787. 0.80% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on VTR shares. Scotiabank increased their price objective on shares of Ventas from $71.00 to $72.00 and gave the company a "sector perform" rating in a research report on Monday, June 23rd. Wall Street Zen lowered shares of Ventas from a "hold" rating to a "sell" rating in a research report on Thursday, May 22nd. Royal Bank Of Canada increased their price objective on shares of Ventas from $74.00 to $75.00 and gave the company an "outperform" rating in a research report on Wednesday, May 7th. Morgan Stanley increased their price objective on shares of Ventas from $70.00 to $75.00 and gave the company an "equal weight" rating in a research report on Friday, August 15th. Finally, Raymond James Financial reissued an "outperform" rating and issued a $78.00 price objective (up from $74.00) on shares of Ventas in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $73.82.

Check Out Our Latest Stock Analysis on Ventas

Ventas Company Profile

(Free Report)

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.

Featured Stories

Institutional Ownership by Quarter for Ventas (NYSE:VTR)

Should You Invest $1,000 in Ventas Right Now?

Before you consider Ventas, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ventas wasn't on the list.

While Ventas currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

5G Stocks: The Path Forward is Profitable Cover

Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Next Tech Boom: AI Robots Are Coming Sooner Than You Think!
Tech Stocks Stumble: Will Nvidia’s Report Spark a Rebound?
Follow the Money: 5 Stocks Institutions Are Buying NOW

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines