Invesco Ltd. Has $243.24 Million Stock Holdings in Ventas, Inc. (NYSE:VTR)

Key Points

• Invesco Ltd. has reduced its stake in Ventas, Inc. by 8.1% during the first quarter, now owning 3,537,524 shares valued at approximately $243 million.
• Ventures reported an earnings per share (EPS) of $0.87 for the recent quarter, exceeding analyst expectations of $0.85, with revenues reaching $1.42 billion, an increase of 18.3% year-over-year.
• Insider transactions include significant sales, with CFO Robert F. Probst selling 168,318 shares and CEO Debra A. Cafaro selling 14,753 shares, indicating decreased ownership levels for both executives.

Invesco Ltd. lowered its position in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 8.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,537,524 shares of the real estate investment trust's stock after selling 310,692 shares during the quarter. Invesco Ltd. owned 0.78% of Ventas worth $243,240,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Vanguard Group Inc. increased its stake in shares of Ventas by 3.7% in the first quarter. Vanguard Group Inc. now owns 68,941,561 shares of the real estate investment trust's stock worth $4,740,422,000 after acquiring an additional 2,440,551 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Ventas by 9.5% during the first 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 during the last quarter. Northern Trust Corp boosted its position in Ventas by 60.8% during the fourth quarter. Northern Trust Corp now owns 6,207,553 shares of the real estate investment trust's stock valued at $365,563,000 after purchasing an additional 2,347,705 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its position in Ventas by 5.8% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 6,133,172 shares of the real estate investment trust's stock valued at $361,184,000 after purchasing an additional 335,192 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in Ventas by 2.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 6,104,450 shares of the real estate investment trust's stock valued at $359,487,000 after purchasing an additional 138,803 shares during the last quarter. Institutional investors and hedge funds own 94.18% of the company's stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on VTR. Royal Bank Of Canada lifted their price objective on Ventas from $74.00 to $75.00 and gave the company an "outperform" rating in a research report on Wednesday, May 7th. Scotiabank boosted their target price on shares of Ventas from $71.00 to $72.00 and gave the stock a "sector perform" rating in a research report on Monday, June 23rd. Morgan Stanley boosted their target price on shares of Ventas from $70.00 to $75.00 and gave the stock an "equal weight" rating in a research report on Friday. Wall Street Zen downgraded shares of Ventas from a "hold" rating to a "sell" rating in a research report on Thursday, May 22nd. Finally, JPMorgan Chase & Co. raised shares of Ventas from a "neutral" rating to an "overweight" rating and boosted their target price for the stock from $70.00 to $72.00 in a research report on Monday, June 23rd. One investment analyst has rated the stock with a sell rating, two have given a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $73.40.

Insider Activity at Ventas

In related news, CFO Robert F. Probst sold 168,318 shares of the company's stock in a transaction on 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 completion of the transaction, the chief financial officer directly owned 168,364 shares in the company, valued at $11,004,271.04. This represents a 49.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Debra A. Cafaro sold 14,753 shares of the company's stock in a transaction on Monday, July 14th. The shares were sold at an average price of $65.60, for a total transaction of $967,796.80. Following the transaction, the chief executive officer owned 1,145,695 shares of the company's stock, valued at approximately $75,157,592. The trade was a 1.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 376,932 shares of company stock worth $24,716,734 in the last ninety days. 0.80% of the stock is currently owned by insiders.

Ventas Stock Performance

Shares of NYSE VTR traded up $0.23 during trading hours on Friday, hitting $67.76. 3,265,003 shares of the stock were exchanged, compared to its average volume of 2,625,225. The company has a debt-to-equity ratio of 1.13, a current ratio of 0.68 and a quick ratio of 0.68. The company's 50 day moving average is $65.15 and its 200 day moving average is $65.67. The firm has a market capitalization of $30.79 billion, a P/E ratio of 157.58, a P/E/G ratio of 2.44 and a beta of 0.87. Ventas, Inc. has a one year low of $56.68 and a one year high of $71.36.

Ventas (NYSE:VTR - Get Free Report) last posted its quarterly earnings data 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. The business had revenue of $1.42 billion during 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%. Ventas's quarterly revenue was up 18.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.80 EPS. On average, research analysts expect that Ventas, Inc. will post 3.4 EPS 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.