Strs Ohio Makes New $41.66 Million Investment in Ventas, Inc. $VTR

Key Points

• Strs Ohio has made a significant investment in Ventas, Inc. by acquiring 605,933 shares valued at approximately $41.66 million, representing 0.13% ownership of the company.
• Ventas reported $1.42 billion in revenue for the last quarter, exceeding analyst expectations, and its earnings per share (EPS) was $0.87, beating consensus estimates by $0.02.
• Several hedge funds have increased or initiated their positions in Ventas during the first quarter, highlighting strong interest from institutional investors, who own 94.18% of the company's stock.

Strs Ohio acquired a new position in shares of Ventas, Inc. (NYSE:VTR - Free Report) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 605,933 shares of the real estate investment trust's stock, valued at approximately $41,664,000. Strs Ohio owned approximately 0.13% of Ventas as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Cloud Capital Management LLC acquired a new stake in Ventas during the first quarter worth about $25,000. Larson Financial Group LLC raised its holdings 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 buying an additional 347 shares during the last quarter. Franchise Capital Ltd bought a new position in Ventas during the 1st quarter worth approximately $32,000. Rossby Financial LCC bought a new stake in shares of Ventas in the 1st quarter valued at $34,000. Finally, Bank Julius Baer & Co. Ltd Zurich purchased a new position in Ventas during the 1st quarter worth $41,000. 94.18% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

VTR has been the topic of a number of recent analyst reports. Morgan Stanley lifted their target price on Ventas from $70.00 to $75.00 and gave the stock an "equal weight" rating in a research note on Friday, August 15th. Raymond James Financial restated an "outperform" rating and issued a $78.00 price objective (up from $74.00) on shares of Ventas in a research note on Friday, August 22nd. JPMorgan Chase & Co. upped their price target on Ventas from $72.00 to $76.00 and gave the company an "overweight" rating in a research report on Tuesday, August 26th. Argus reiterated a "buy" rating and set a $75.00 price target on shares of Ventas in a research report on Tuesday, August 26th. Finally, Scotiabank upped their price target on Ventas from $72.00 to $74.00 and gave the company a "sector perform" rating in a research report on Thursday, August 28th. One equities research 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 stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $74.36.

Insider Buying and Selling at Ventas

In related news, CFO Robert F. Probst sold 29,691 shares of the stock in a transaction on Monday, August 4th. The stock was sold at an average price of $68.49, for a total transaction of $2,033,536.59. Following the sale, the chief financial officer directly owned 168,364 shares of the company's stock, valued at $11,531,250.36. This trade represents a 14.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Debra A. Cafaro sold 10,322 shares of the stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $67.80, for a total value of $699,831.60. Following the sale, the chief executive officer directly owned 1,145,695 shares in the company, valued at $77,678,121. This trade represents a 0.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 276,788 shares of company stock worth $18,279,081 over the last ninety days. 0.80% of the stock is currently owned by insiders.

Ventas Trading Up 0.4%

Shares of Ventas stock traded up $0.27 during midday trading on Friday, reaching $69.72. 1,758,466 shares of the company's stock traded hands, compared to its average volume of 2,264,455. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.68 and a current ratio of 0.68. The company has a market cap of $31.69 billion, a PE ratio of 162.15, a price-to-earnings-growth ratio of 2.57 and a beta of 0.87. The stock has a 50 day moving average of $67.18 and a 200-day moving average of $66.31. Ventas, Inc. has a 12 month low of $56.68 and a 12 month high of $71.36.

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