Ventas, Inc. $VTR Shares Purchased by Northwest & Ethical Investments L.P.

Key Points

• Northwest & Ethical Investments L.P. increased its holdings in Ventas, Inc. by 85.4%, totaling $3.49 million with 50,817 shares after purchasing an additional 23,406 shares in the first quarter.
• Institutional investors and hedge funds currently own 94.18% of Ventas's stock, indicating strong institutional interest in the real estate investment trust.
• Ventas reported earnings per share of $0.87 for the quarter ending July 30, beating analysts' expectations, with revenue reaching $1.42 billion, an 18.3% increase year-over-year.

Northwest & Ethical Investments L.P. raised its stake in Ventas, Inc. (NYSE:VTR - Free Report) by 85.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 50,817 shares of the real estate investment trust's stock after acquiring an additional 23,406 shares during the quarter. Northwest & Ethical Investments L.P.'s holdings in Ventas were worth $3,493,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Nuveen LLC purchased a new position in shares of Ventas during the first quarter worth approximately $359,113,000. JPMorgan Chase & Co. boosted its stake in Ventas by 9.5% in the 1st 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 in the last quarter. Vanguard Group Inc. boosted its stake in Ventas by 3.7% in the 1st 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 in the last quarter. Northern Trust Corp raised its position in Ventas by 60.8% in the 4th quarter. Northern Trust Corp now owns 6,207,553 shares of the real estate investment trust's stock worth $365,563,000 after buying an additional 2,347,705 shares during the last quarter. Finally, Rush Island Management LP increased its position in shares of Ventas by 130.6% during the 4th quarter. Rush Island Management LP now owns 3,097,830 shares of the real estate investment trust's stock valued at $182,431,000 after purchasing an additional 1,754,494 shares during the last quarter. 94.18% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, CEO Debra A. Cafaro sold 14,753 shares of Ventas stock in a transaction on Monday, July 14th. The stock was sold at an average price of $65.60, for a total value of $967,796.80. Following the transaction, the chief executive officer owned 1,145,695 shares in the company, valued at approximately $75,157,592. This trade represents a 1.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 value of $1,509,405.00. Following the completion of the transaction, the executive vice president owned 116,650 shares in the company, valued at $7,492,429.50. The trade was a 16.77% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 307,340 shares of company stock valued at $20,221,787. Corporate insiders own 0.80% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on VTR shares. Royal Bank Of Canada upped their price target on Ventas from $74.00 to $75.00 and gave the stock an "outperform" rating in a research note on Wednesday, May 7th. JPMorgan Chase & Co. upgraded Ventas from a "neutral" rating to an "overweight" rating and lifted their target price for the company from $70.00 to $72.00 in a research note on Monday, June 23rd. Morgan Stanley boosted their price target on Ventas from $70.00 to $75.00 and gave the company an "equal weight" rating in a report on Friday, August 15th. Wall Street Zen lowered Ventas from a "hold" rating to a "sell" rating in a research note on Thursday, May 22nd. Finally, Scotiabank upped their price target on Ventas from $71.00 to $72.00 and gave the stock a "sector perform" rating in a report on Monday, June 23rd. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Ventas has an average rating of "Moderate Buy" and an average price target of $73.40.

Ventas Price Performance

NYSE VTR traded up $1.2170 during mid-day trading on Wednesday, hitting $69.1770. The stock had a trading volume of 3,123,591 shares, compared to its average volume of 2,653,157. Ventas, Inc. has a 52-week low of $56.68 and a 52-week high of $71.36. The company has a market cap of $31.44 billion, a price-to-earnings ratio of 160.88, a P/E/G ratio of 2.44 and a beta of 0.87. The company has a 50 day simple moving average of $65.33 and a 200 day simple moving average of $65.78. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 1.13.

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