Norinchukin Bank The Buys 4,857 Shares of Ventas, Inc. $VTR

Key Points

• Norinchukin Bank increased its holdings in Ventas, Inc. by 13.3%, acquiring an additional 4,857 shares, bringing its total to 41,296 shares worth approximately $2.84 million.
• Institutional investors hold 94.18% of Ventas's stock, with Vanguard Group and JPMorgan Chase also increasing their stakes significantly in the first quarter of this year.
• Ventas reported $0.87 EPS for the quarter, exceeding expectations, while analysts predict a consensus price target of $73.82 for the stock.

Norinchukin Bank The increased its stake in Ventas, Inc. (NYSE:VTR - Free Report) by 13.3% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 41,296 shares of the real estate investment trust's stock after purchasing an additional 4,857 shares during the quarter. Norinchukin Bank The's holdings in Ventas were worth $2,840,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its holdings in 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 purchasing an additional 2,440,551 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in Ventas by 9.5% in the first quarter. JPMorgan Chase & Co. now owns 32,347,333 shares of the real estate investment trust's stock worth $2,224,203,000 after purchasing an additional 2,811,241 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in Ventas by 4.6% in the first quarter. Price T Rowe Associates Inc. MD now owns 6,414,404 shares of the real estate investment trust's stock worth $441,056,000 after purchasing an additional 281,232 shares during the last quarter. Northern Trust Corp boosted its holdings in Ventas by 3.1% in the first quarter. Northern Trust Corp now owns 6,402,413 shares of the real estate investment trust's stock worth $440,230,000 after purchasing an additional 194,860 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in Ventas by 3.8% in the first quarter. Dimensional Fund Advisors LP now owns 6,338,089 shares of the real estate investment trust's stock worth $435,806,000 after purchasing an additional 233,639 shares during the last quarter. Hedge funds and other institutional investors own 94.18% of the company's stock.

Ventas Price Performance

Shares of VTR traded down $0.0950 during trading hours on Monday, reaching $67.6950. 2,192,433 shares of the stock traded hands, compared to its average volume of 2,720,468. 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, Inc. has a 52-week low of $56.68 and a 52-week high of $71.36. The company's 50-day moving average price is $65.73 and its two-hundred day moving average price is $66.03. The company has a market cap of $30.77 billion, a P/E ratio of 157.43, a price-to-earnings-growth 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 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 for the quarter, compared to analysts' expectations of $1.37 billion. During the same quarter in the previous year, the company earned $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. On average, analysts anticipate that Ventas, Inc. will post 3.4 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Scotiabank raised 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. Raymond James Financial reiterated an "outperform" rating and set a $78.00 price target (up previously from $74.00) on shares of Ventas in a research note on Friday. JPMorgan Chase & Co. upgraded shares of Ventas from a "neutral" rating to an "overweight" rating and lifted their price target for the stock from $70.00 to $72.00 in a research note on Monday, June 23rd. Wall Street Zen cut shares of Ventas from a "hold" rating to a "sell" rating in a research note on Thursday, May 22nd. Finally, Morgan Stanley lifted their price target on shares of Ventas from $70.00 to $75.00 and gave the stock an "equal weight" rating in a research note on Friday, August 15th. One 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 company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $73.82.

Insider Activity at Ventas

In related news, CFO Robert F. Probst sold 168,318 shares of Ventas 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 transaction, the chief financial officer owned 168,364 shares in the company, valued at approximately $11,004,271.04. The trade was a 49.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Carey S. Roberts sold 23,500 shares of Ventas stock in a transaction on Friday, May 30th. The shares were sold at an average price of $64.23, for a total transaction of $1,509,405.00. Following the completion of the sale, the executive vice president owned 116,650 shares in the company, valued at approximately $7,492,429.50. This represents a 16.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 307,340 shares of company stock worth $20,221,787. 1.00% of the stock is owned by corporate 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.