Ventas, Inc. $VTR Position Increased by Prudential PLC

Key Points

• Prudential PLC raised its stake in Ventas, Inc. by 91.7% in the 1st quarter, acquiring an additional 4,396 shares for a total worth of $632,000 at the end of the reporting period.
• Ventas reported an earnings per share (EPS) of $0.87 for the quarter, surpassing analysts' estimates, and achieved revenue growth of 18.3% year-over-year.
• Insider transactions included CEO Debra A. Cafaro selling 10,322 shares valued at approximately $695,703, reflecting a 0.89% decrease in her total position in the company.

Prudential PLC boosted its position in Ventas, Inc. (NYSE:VTR - Free Report) by 91.7% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 9,189 shares of the real estate investment trust's stock after acquiring an additional 4,396 shares during the period. Prudential PLC's holdings in Ventas were worth $632,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VTR. Mariner LLC grew its stake in Ventas by 10.0% in the 4th quarter. Mariner LLC now owns 53,460 shares of the real estate investment trust's stock worth $3,148,000 after acquiring an additional 4,850 shares during the period. CreativeOne Wealth LLC grew its stake in shares of Ventas by 77.6% during the 4th quarter. CreativeOne Wealth LLC now owns 6,785 shares of the real estate investment trust's stock valued at $400,000 after buying an additional 2,964 shares during the period. Walleye Capital LLC grew its stake in shares of Ventas by 28.3% during the 4th quarter. Walleye Capital LLC now owns 6,197 shares of the real estate investment trust's stock valued at $365,000 after buying an additional 1,368 shares during the period. Bridgewater Associates LP grew its stake in shares of Ventas by 7.0% during the 4th quarter. Bridgewater Associates LP now owns 11,249 shares of the real estate investment trust's stock valued at $662,000 after buying an additional 732 shares during the period. Finally, Gamco Investors INC. ET AL purchased a new stake in shares of Ventas during the 4th quarter valued at $413,000. 94.18% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

VTR has been the subject of several research reports. Royal Bank Of Canada boosted their price objective on shares of Ventas from $74.00 to $75.00 and gave the company an "outperform" rating in a research note on Wednesday, May 7th. JPMorgan Chase & Co. raised shares of Ventas from a "neutral" rating to an "overweight" rating and boosted their price objective for the company from $70.00 to $72.00 in a research note on Monday, June 23rd. Scotiabank boosted their price objective on shares of Ventas from $71.00 to $72.00 and gave the company a "sector perform" rating in a research note on Monday, June 23rd. Wall Street Zen cut shares of Ventas from a "hold" rating to a "sell" rating in a research note on Thursday, May 22nd. Finally, Morgan Stanley upped their price target on shares of Ventas from $70.00 to $75.00 and gave the stock an "equal weight" rating in a research report on Friday, August 15th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $73.40.

Insider Buying and Selling at Ventas

In other 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 value of $967,796.80. Following the sale, 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 sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Carey S. Roberts sold 23,500 shares of the company's stock in a transaction dated Friday, May 30th. The shares were sold at an average price of $64.23, for a total transaction of $1,509,405.00. Following the completion of the sale, the executive vice president owned 116,650 shares in the company, valued at approximately $7,492,429.50. This trade represents 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 valued at $20,221,787 in the last ninety days. Insiders own 1.00% of the company's stock.

Ventas Stock Up 1.7%

NYSE:VTR traded up $1.1650 on Wednesday, reaching $69.1250. The stock had a trading volume of 1,520,582 shares, compared to its average volume of 3,076,815. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 1.13. The company has a 50-day moving average of $65.33 and a 200 day moving average of $65.78. The stock has a market cap of $31.42 billion, a P/E ratio of 160.78, a price-to-earnings-growth ratio of 2.42 and a beta of 0.87. 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 posted 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 company 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%. The firm's revenue for the quarter was up 18.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.80 EPS. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. On average, research analysts predict that Ventas, Inc. will post 3.4 earnings per share for the current year.

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.