Korea Investment CORP Purchases 127,820 Shares of Ventas, Inc. $VTR

Key Points

• Korea Investment CORP increased its holdings in Ventas, Inc. by 46.9% in the first quarter, acquiring an additional 127,820 shares and bringing its total ownership to 400,522 shares valued at approximately $27.54 million.
• Multiple analysts have expressed a positive outlook for Ventas, with Royal Bank of Canada raising its price target to $75.00 and several others upgrading their ratings, contributing to an average price target of $73.40.
• Ventas reported a net margin of 3.61% and a year-on-year revenue increase of 18.3%, while setting FY 2025 earnings guidance between 3.410-3.46 EPS.

Korea Investment CORP boosted its stake in Ventas, Inc. (NYSE:VTR - Free Report) by 46.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 400,522 shares of the real estate investment trust's stock after purchasing an additional 127,820 shares during the quarter. Korea Investment CORP owned approximately 0.09% of Ventas worth $27,540,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. Lindbrook Capital LLC increased its holdings in 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 acquiring an additional 165 shares during the period. DoubleLine ETF Adviser LP increased its holdings in Ventas by 0.6% during the 4th quarter. DoubleLine ETF Adviser LP now owns 29,695 shares of the real estate investment trust's stock worth $1,749,000 after acquiring an additional 171 shares during the period. Hennion & Walsh Asset Management Inc. increased its holdings 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 acquiring an additional 172 shares during the period. Kentucky Retirement Systems increased its holdings in Ventas by 0.6% during the 1st quarter. Kentucky Retirement Systems now owns 28,574 shares of the real estate investment trust's stock worth $1,965,000 after acquiring an additional 183 shares during the period. Finally, Naviter Wealth LLC increased its holdings in Ventas by 0.7% during the 1st quarter. Naviter Wealth LLC now owns 30,169 shares of the real estate investment trust's stock worth $2,074,000 after acquiring an additional 200 shares during the period. Institutional investors own 94.18% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on VTR shares. JPMorgan Chase & Co. raised shares of Ventas from a "neutral" rating to an "overweight" rating and upped their target price for the stock from $70.00 to $72.00 in a report on Monday, June 23rd. Royal Bank Of Canada upped their target price on shares of Ventas from $74.00 to $75.00 and gave the stock an "outperform" rating in a report on Wednesday, May 7th. 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 report on Friday, August 15th. Scotiabank upped their target price on shares of Ventas from $71.00 to $72.00 and gave the stock a "sector perform" rating in a report on Monday, June 23rd. Finally, Raymond James Financial reissued an "outperform" rating and issued a $78.00 price target (up previously from $74.00) on shares of Ventas in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $73.82.

Ventas Price Performance

Shares of NYSE:VTR traded down $1.4050 during trading on Friday, reaching $67.7150. The company had a trading volume of 2,665,073 shares, compared to its average volume of 2,683,666. The company has a fifty day moving average of $65.63 and a two-hundred day moving average of $65.91. The stock has a market capitalization of $30.77 billion, a P/E ratio of 157.48, a price-to-earnings-growth ratio of 2.55 and a beta of 0.87. Ventas, Inc. has a 12 month low of $56.68 and a 12 month high of $71.36. 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 quarterly earnings data on Wednesday, July 30th. The real estate investment trust reported $0.87 earnings per share (EPS) for the quarter, beating 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 company had revenue of $1.42 billion during the quarter, compared to analysts' expectations of $1.37 billion. During the same quarter in the prior year, the company earned $0.80 EPS. The firm's revenue was up 18.3% on a year-over-year basis. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. Equities research analysts forecast that Ventas, Inc. will post 3.4 earnings per share for the current year.

Insider Buying and Selling

In related news, EVP Carey S. Roberts sold 23,500 shares of the stock in a transaction dated Friday, May 30th. The shares were sold at an average price of $64.23, for a total value of $1,509,405.00. Following the completion of the transaction, the executive vice president directly owned 116,650 shares in the company, valued at $7,492,429.50. This trade represents a 16.77% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Debra A. Cafaro sold 14,753 shares of the stock in a transaction dated Monday, July 14th. The stock was 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 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 307,340 shares of company stock worth $20,221,787 in the last three months. 0.80% of the stock is owned by corporate insiders.

About Ventas

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.