Ethic Inc. Increases Stake in Ventas, Inc. $VTR

Key Points

• Ethic Inc. increased its holdings in Ventas, Inc. by 27.9%, acquiring an additional 14,568 shares during the first quarter, while total holdings are now worth approximately $4.62 million.
• Various other institutional investors also adjusted their stakes in Ventas, contributing to 94.18% of the company's stock being owned by institutional investors and hedge funds combined.
• Ventas reported a quarterly EPS of $0.87, exceeding expectations, with revenues of $1.42 billion, representing an 18.3% year-over-year growth.

Ethic Inc. boosted its position in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 27.9% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 66,748 shares of the real estate investment trust's stock after acquiring an additional 14,568 shares during the period. Ethic Inc.'s holdings in Ventas were worth $4,624,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in Ventas by 3.7% during 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 acquiring an additional 2,440,551 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in Ventas by 9.5% during 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 acquiring an additional 2,811,241 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Ventas by 3.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 6,338,089 shares of the real estate investment trust's stock worth $435,806,000 after acquiring an additional 233,639 shares in the last quarter. Northern Trust Corp grew its holdings in Ventas by 60.8% during 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 acquiring an additional 2,347,705 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD grew its holdings in Ventas by 5.8% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 6,133,172 shares of the real estate investment trust's stock worth $361,184,000 after acquiring an additional 335,192 shares in the last quarter. Institutional investors and hedge funds own 94.18% of the company's stock.

Wall Street Analysts Forecast Growth

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

Ventas Stock Performance

NYSE:VTR traded down $0.0760 during trading hours on Thursday, reaching $69.1040. 1,601,029 shares of the company's stock were exchanged, compared to its average volume of 3,074,458. The firm has a market capitalization of $31.41 billion, a price-to-earnings ratio of 160.71, a P/E/G ratio of 2.44 and a beta of 0.87. The company has a 50-day moving average of $65.45 and a 200 day moving average of $65.80. 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, Inc. has a 1-year low of $56.68 and a 1-year high of $71.36.

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

Insider Buying and Selling

In other Ventas news, CEO Debra A. Cafaro sold 10,322 shares of the company's stock in a transaction on Friday, August 1st. The shares were sold at an average price of $67.40, for a total transaction of $695,702.80. Following the completion of the transaction, the chief executive officer owned 1,145,695 shares in the company, valued at approximately $77,219,843. This represents a 0.89% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Carey S. Roberts sold 23,500 shares of the company's stock in a transaction on Friday, May 30th. The stock was sold at an average price of $64.23, for a total transaction of $1,509,405.00. Following the transaction, the executive vice president owned 116,650 shares of the company's stock, valued at approximately $7,492,429.50. The trade was a 16.77% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 307,340 shares of company stock worth $20,221,787 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.