Ventas, Inc. $VTR Stock Position Increased by The Manufacturers Life Insurance Company

Key Points

• The Manufacturers Life Insurance Company increased its stake in Ventas, Inc. by 5.8%, acquiring an additional 16,140 shares, bringing its total ownership to 295,758 shares worth $20.34 million.
• Several institutional investors, including Cloud Capital Management and Larson Financial Group, also recently adjusted their positions in Ventas, contributing to over 94% institutional ownership of the company.
• Wall Street analysts have given Ventas a consensus rating of "Moderate Buy" with an average target price around $74.36, reflecting mixed sentiments as some firms upgraded their ratings while others issued sell recommendations.

The Manufacturers Life Insurance Company grew its position in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 5.8% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 295,758 shares of the real estate investment trust's stock after acquiring an additional 16,140 shares during the quarter. The Manufacturers Life Insurance Company owned about 0.07% of Ventas worth $20,336,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Lindbrook Capital LLC grew its stake in shares of Ventas by 3.9% in the first quarter. Lindbrook Capital LLC now owns 4,440 shares of the real estate investment trust's stock valued at $305,000 after buying an additional 165 shares in the last quarter. Hennion & Walsh Asset Management Inc. grew its stake in shares of Ventas by 1.6% in the first quarter. Hennion & Walsh Asset Management Inc. now owns 10,674 shares of the real estate investment trust's stock valued at $734,000 after buying an additional 172 shares in the last quarter. Kentucky Retirement Systems grew its stake in shares of Ventas by 0.6% in the first quarter. Kentucky Retirement Systems now owns 28,574 shares of the real estate investment trust's stock valued at $1,965,000 after buying an additional 183 shares in the last quarter. Smartleaf Asset Management LLC grew its stake in shares of Ventas by 7.1% in the first quarter. Smartleaf Asset Management LLC now owns 2,896 shares of the real estate investment trust's stock valued at $199,000 after buying an additional 193 shares in the last quarter. Finally, Naviter Wealth LLC grew its stake in shares of Ventas by 0.7% in the first quarter. Naviter Wealth LLC now owns 30,169 shares of the real estate investment trust's stock valued at $2,074,000 after buying an additional 200 shares in the last quarter. 94.18% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Ventas

In other Ventas news, CFO Robert F. Probst sold 29,691 shares of Ventas 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 owned 168,364 shares of the company's stock, valued at $11,531,250.36. The trade was a 14.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Debra A. Cafaro sold 10,322 shares of Ventas 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. The trade was a 0.89% 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 ninety days. 0.80% of the stock is owned by company insiders.

Ventas Stock Performance

Shares of NYSE VTR traded up $0.16 during mid-day trading on Friday, hitting $67.88. The company had a trading volume of 2,688,717 shares, compared to its average volume of 2,312,876. The stock has a market cap of $30.85 billion, a price-to-earnings ratio of 157.87, a PEG ratio of 2.50 and a beta of 0.87. Ventas, Inc. has a 12 month low of $56.68 and a 12 month high of $71.36. The company has a debt-to-equity ratio of 1.13, a current ratio of 0.68 and a quick ratio of 0.68. The firm's 50 day simple moving average is $66.59 and its two-hundred day simple moving average is $66.26.

Ventas (NYSE:VTR - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The real estate investment trust reported $0.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.85 by $0.02. The business had revenue of $1.42 billion for 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%.The business's revenue was up 18.3% on a year-over-year basis. During the same quarter last year, the business posted $0.80 EPS. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. As a group, equities research analysts forecast that Ventas, Inc. will post 3.4 earnings per share for the current year.

Analyst Ratings Changes

VTR has been the subject of a number of recent research reports. Raymond James Financial reiterated an "outperform" rating and issued a $78.00 target price (up previously from $74.00) on shares of Ventas in a research note on Friday, August 22nd. Wall Street Zen lowered Ventas from a "hold" rating to a "sell" rating in a research note on Thursday, May 22nd. JPMorgan Chase & Co. raised their price objective on Ventas from $72.00 to $76.00 and gave the company an "overweight" rating in a research note on Tuesday, August 26th. Scotiabank raised their price objective on Ventas from $72.00 to $74.00 and gave the company a "sector perform" rating in a research note on Thursday, August 28th. Finally, Morgan Stanley raised their price objective on Ventas from $70.00 to $75.00 and gave the company 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 assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Ventas currently has a consensus rating of "Moderate Buy" and a consensus target price of $74.36.

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.