MetLife Investment Management LLC Grows Holdings in Ventas, Inc. $VTR

Key Points

• MetLife Investment Management LLC increased its holdings in Ventas, Inc. by 41.2% during the 1st quarter, now owning 174,160 shares valued at approximately $11.98 million.
• Ventas received mixed ratings from analysts, with Morgan Stanley raising its target price to $75.00, while others like Wall Street Zen downgraded their rating to "sell."
• Insider selling has occurred recently, including a significant sale of 14,753 shares by CEO Debra A. Cafaro and 168,318 shares by CFO Robert F. Probst on the same day.

MetLife Investment Management LLC grew its holdings in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 41.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 174,160 shares of the real estate investment trust's stock after buying an additional 50,828 shares during the quarter. MetLife Investment Management LLC's holdings in Ventas were worth $11,975,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in VTR. Cloud Capital Management LLC bought a new stake in Ventas in the 1st quarter valued at about $25,000. Larson Financial Group LLC lifted its position in Ventas by 1,334.6% in the 1st quarter. Larson Financial Group LLC now owns 373 shares of the real estate investment trust's stock valued at $26,000 after purchasing an additional 347 shares during the last quarter. Franchise Capital Ltd bought a new stake in Ventas in the 1st quarter valued at about $32,000. Rossby Financial LCC bought a new stake in Ventas in the 1st quarter valued at about $34,000. Finally, Bank Julius Baer & Co. Ltd Zurich bought a new position in Ventas in the 1st quarter worth approximately $41,000. 94.18% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

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

Insider Buying and Selling

In related 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 transaction of $967,796.80. Following the transaction, the chief executive officer directly owned 1,145,695 shares of the company's stock, valued at $75,157,592. The trade was a 1.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Robert F. Probst sold 168,318 shares of Ventas stock in a transaction dated Monday, July 14th. The stock was sold at an average price of $65.36, for a total value of $11,001,264.48. Following the transaction, the chief financial officer directly owned 168,364 shares in the company, valued at approximately $11,004,271.04. The trade was a 49.99% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 289,966 shares of company stock valued at $19,088,654 over the last three months. Company insiders own 1.00% of the company's stock.

Ventas Price Performance

Shares of NYSE VTR opened at $67.6950 on Tuesday. Ventas, Inc. has a fifty-two week low of $56.68 and a fifty-two week high of $71.36. The firm's 50-day simple moving average is $65.73 and its 200 day simple moving average is $66.03. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 1.13. The stock has a market cap of $30.77 billion, a P/E ratio of 157.43, a P/E/G ratio of 2.50 and a beta of 0.87.

Ventas (NYSE:VTR - Get Free Report) last released its earnings results on Wednesday, July 30th. The real estate investment trust reported $0.87 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.85 by $0.02. The firm had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.37 billion. Ventas had a return on equity of 1.75% and a net margin of 3.61%.Ventas's revenue was up 18.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.80 earnings per share. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. Equities analysts expect that Ventas, Inc. will post 3.4 EPS for the current year.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.