Swedbank AB Increases Stock Holdings in Ventas, Inc. $VTR

Key Points

• Swedbank AB has increased its stake in Ventas, Inc. by 6.6%, owning approximately 465,434 shares valued at $32 million as of the latest SEC filing.
• The real estate investment trust (REIT) reported a quarterly earnings per share of $0.87, exceeding analyst expectations, along with an 18.3% increase in revenue compared to the same quarter last year.
• Wall Street analysts have issued a generally optimistic outlook for Ventas, with target prices ranging from $74 to $78, indicating potential growth for the stock.

Swedbank AB increased its holdings in Ventas, Inc. (NYSE:VTR - Free Report) by 6.6% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 465,434 shares of the real estate investment trust's stock after acquiring an additional 28,648 shares during the quarter. Swedbank AB owned about 0.10% of Ventas worth $32,003,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Voya Investment Management LLC boosted its holdings in shares of Ventas by 3.1% during the 1st quarter. Voya Investment Management LLC now owns 122,962 shares of the real estate investment trust's stock valued at $8,455,000 after buying an additional 3,746 shares in the last quarter. Nicola Wealth Management LTD. purchased a new position in Ventas during the 1st quarter valued at about $1,169,000. Militia Capital Partners LP lifted its position in Ventas by 255.6% during the 1st quarter. Militia Capital Partners LP now owns 6,400 shares of the real estate investment trust's stock valued at $440,000 after acquiring an additional 4,600 shares during the period. Inspire Investing LLC lifted its position in Ventas by 6.7% during the 1st quarter. Inspire Investing LLC now owns 43,936 shares of the real estate investment trust's stock valued at $3,021,000 after acquiring an additional 2,760 shares during the period. Finally, Strs Ohio purchased a new position in Ventas during the 1st quarter valued at about $41,664,000. Hedge funds and other institutional investors own 94.18% of the company's stock.

Ventas Stock Up 0.4%

NYSE:VTR opened at $69.72 on Friday. The firm has a market cap of $31.69 billion, a P/E ratio of 162.15, a P/E/G ratio of 2.56 and a beta of 0.87. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.68 and a current ratio of 0.68. Ventas, Inc. has a fifty-two week low of $56.68 and a fifty-two week high of $71.36. The firm has a 50-day simple moving average of $67.18 and a two-hundred day simple moving average of $66.31.

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 analysts' consensus estimates of $0.85 by $0.02. The business had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.37 billion. Ventas had a net margin of 3.61% and a return on equity of 1.75%. Ventas's revenue was up 18.3% compared to the same quarter last year. During the same period last year, the business earned $0.80 EPS. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. Analysts predict that Ventas, Inc. will post 3.4 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on VTR shares. Argus reissued a "buy" rating and set a $75.00 price target on shares of Ventas in a research report on Tuesday, August 26th. Raymond James Financial reissued an "outperform" rating and set a $78.00 price target (up from $74.00) on shares of Ventas in a research report on Friday, August 22nd. JPMorgan Chase & Co. lifted their price target on shares of Ventas from $72.00 to $76.00 and gave the company an "overweight" rating in a research report on Tuesday, August 26th. Scotiabank upped their price target on shares of Ventas from $72.00 to $74.00 and gave the stock a "sector perform" rating in a research note on Thursday, August 28th. Finally, Morgan Stanley increased their price objective on shares of Ventas from $70.00 to $75.00 and gave the company an "equal weight" rating in a research report on Friday, August 15th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $74.36.

Insider Activity

In other Ventas news, CEO Debra A. Cafaro sold 14,753 shares of the company's stock in a transaction dated Monday, July 14th. The shares were sold at an average price of $65.60, for a total transaction 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 represents a 1.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Robert F. Probst sold 168,318 shares of the company's stock in a transaction dated 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 $11,004,271.04. This represents a 49.99% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 276,788 shares of company stock worth $18,279,081 in the last 90 days. Company insiders own 0.80% of the company's stock.

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.

Want to see what other hedge funds are holding VTR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ventas, Inc. (NYSE:VTR - Free Report).

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.