United Services Automobile Association Invests $663,000 in Ventas, Inc. $VTR

Key Points

• United Services Automobile Association purchased 9,638 shares of Ventas, Inc. valued at approximately $663,000 during the first quarter.
• Notable analysts have raised their price targets for Ventas, with Morgan Stanley now targeting $75.00 and JPMorgan Chase & Co. increasing it to $76.00.
• A significant portion of Ventas shares, around 94.18%, is owned by institutional investors and hedge funds, indicating strong institutional interest in the stock.

United Services Automobile Association bought a new stake in Ventas, Inc. (NYSE:VTR - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 9,638 shares of the real estate investment trust's stock, valued at approximately $663,000.

Other large investors have also recently bought and sold shares of the company. Baird Financial Group Inc. boosted its stake in shares of Ventas by 40.4% during the fourth quarter. Baird Financial Group Inc. now owns 9,978 shares of the real estate investment trust's stock worth $588,000 after buying an additional 2,872 shares during the period. Captrust Financial Advisors raised its stake in Ventas by 4.5% during the 4th quarter. Captrust Financial Advisors now owns 25,255 shares of the real estate investment trust's stock valued at $1,487,000 after acquiring an additional 1,094 shares during the last quarter. Cetera Investment Advisers lifted its position in Ventas by 6.7% during the 4th quarter. Cetera Investment Advisers now owns 36,273 shares of the real estate investment trust's stock worth $2,136,000 after acquiring an additional 2,287 shares during the period. Cresset Asset Management LLC purchased a new position in shares of Ventas in the 4th quarter valued at approximately $842,000. Finally, Jefferies Financial Group Inc. acquired a new position in shares of Ventas in the fourth quarter valued at approximately $313,000. Institutional investors and hedge funds own 94.18% of the company's stock.

Ventas Price Performance

Ventas stock traded up $0.27 during midday trading on Friday, reaching $69.72. 1,758,466 shares of the company were exchanged, compared to its average volume of 2,339,779. 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 capitalization of $31.69 billion, a price-to-earnings ratio of 162.15, a P/E/G ratio of 2.56 and a beta of 0.87. The firm's 50-day simple moving average is $67.18 and its 200-day simple moving average is $66.33. Ventas, Inc. has a 1 year low of $56.68 and a 1 year 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 the consensus estimate of $0.85 by $0.02. Ventas had a net margin of 3.61% and a return on equity of 1.75%. The firm had revenue of $1.42 billion during the quarter, compared to analysts' expectations of $1.37 billion. During the same period 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 EPS for the current year.

Insiders Place Their Bets

In other Ventas news, CFO Robert F. Probst sold 29,691 shares of the business's stock in a transaction dated 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 completion of the sale, the chief financial officer owned 168,364 shares of the company's stock, valued at approximately $11,531,250.36. The trade was a 14.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Debra A. Cafaro sold 10,322 shares of the company's stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $67.80, for a total value of $699,831.60. Following the sale, the chief executive officer owned 1,145,695 shares of the company's stock, valued at $77,678,121. This represents a 0.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 276,788 shares of company stock valued at $18,279,081. Insiders own 0.80% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on VTR. JPMorgan Chase & Co. boosted their price objective on shares of Ventas from $72.00 to $76.00 and gave the company an "overweight" rating in a research note on Tuesday, August 26th. Scotiabank increased their price target on shares of Ventas from $72.00 to $74.00 and gave the stock a "sector perform" rating in a report on Thursday, August 28th. Morgan Stanley lifted their price objective 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 downgraded Ventas from a "hold" rating to a "sell" rating in a research note on Thursday, May 22nd. Finally, Argus restated a "buy" rating and issued a $75.00 price target on shares of Ventas in a research note on Tuesday, August 26th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Ventas has an average rating of "Moderate Buy" and an average price target of $74.36.

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.