Price T Rowe Associates Inc. MD Raises Stock Holdings in Ventas, Inc. $VTR

Key Points

• Price T Rowe Associates Inc. MD increased its stake in Ventas, Inc. by 4.6%, now owning 6,414,404 shares, valued at approximately $441 million.
• Insider sales at Ventas included CFO Robert F. Probst and EVP Carey S. Roberts, with combined sales of over $3.5 million reflecting significant decreases in their stock positions.
• Wall Street analysts have mixed outlooks for Ventas, with ratings ranging from "sell" to "outperform" and a consensus target price of $73.82.

Price T Rowe Associates Inc. MD grew its stake in Ventas, Inc. (NYSE:VTR - Free Report) by 4.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,414,404 shares of the real estate investment trust's stock after purchasing an additional 281,232 shares during the quarter. Price T Rowe Associates Inc. MD owned approximately 1.42% of Ventas worth $441,056,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of VTR. Nuveen LLC acquired a new position in shares of Ventas in the first quarter valued at about $359,113,000. JPMorgan Chase & Co. boosted its stake in shares of Ventas by 9.5% in the 1st quarter. JPMorgan Chase & Co. now owns 32,347,333 shares of the real estate investment trust's stock valued at $2,224,203,000 after purchasing an additional 2,811,241 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Ventas by 3.7% in the 1st quarter. Vanguard Group Inc. now owns 68,941,561 shares of the real estate investment trust's stock valued at $4,740,422,000 after purchasing an additional 2,440,551 shares in the last quarter. Northern Trust Corp raised its holdings in Ventas by 60.8% in the 4th quarter. Northern Trust Corp now owns 6,207,553 shares of the real estate investment trust's stock valued at $365,563,000 after buying an additional 2,347,705 shares during the last quarter. Finally, Rush Island Management LP raised its holdings in Ventas by 130.6% during the 4th quarter. Rush Island Management LP now owns 3,097,830 shares of the real estate investment trust's stock worth $182,431,000 after purchasing an additional 1,754,494 shares during the last quarter. 94.18% of the stock is owned by institutional investors.

Insider Transactions at Ventas

In related news, EVP Carey S. Roberts sold 23,500 shares of Ventas stock in a transaction dated Friday, May 30th. The stock was sold at an average price of $64.23, for a total value of $1,509,405.00. Following the completion of the sale, the executive vice president directly 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Debra A. Cafaro sold 14,753 shares of Ventas stock in a transaction dated Monday, July 14th. The stock was sold at an average price of $65.60, for a total value of $967,796.80. Following the completion of the sale, the chief executive officer owned 1,145,695 shares of the company's stock, valued at $75,157,592. The trade was a 1.27% decrease in their ownership of the stock. 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 quarter. 1.00% of the stock is owned by insiders.

Ventas Stock Down 0.1%

Ventas stock traded down $0.0950 on Monday, hitting $67.6950. 2,192,433 shares of the stock traded hands, compared to its average volume of 2,720,468. 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 firm has a market cap of $30.77 billion, a P/E ratio of 157.43, a price-to-earnings-growth ratio of 2.50 and a beta of 0.87. The business's fifty day simple moving average is $65.73 and its 200 day simple moving average is $66.03. 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 announced its quarterly earnings data on Wednesday, July 30th. The real estate investment trust reported $0.87 EPS for the quarter, beating the consensus estimate 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 return on equity of 1.75% and a net margin of 3.61%.The company's revenue for the quarter was up 18.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.80 earnings per share. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. As a group, sell-side analysts forecast that Ventas, Inc. will post 3.4 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on VTR. Morgan Stanley lifted their price target 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. Wall Street Zen cut Ventas from a "hold" rating to a "sell" rating in a research note on Thursday, May 22nd. Royal Bank Of Canada boosted their price objective on Ventas from $74.00 to $75.00 and gave the company an "outperform" rating in a research note on Wednesday, May 7th. Raymond James Financial restated an "outperform" rating and issued a $78.00 price objective (up from $74.00) on shares of Ventas in a research note on Friday. Finally, Scotiabank upped their price target on Ventas from $71.00 to $72.00 and gave the company a "sector perform" rating in a research report on Monday, June 23rd. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat, Ventas currently has a consensus rating of "Moderate Buy" and a consensus price target of $73.82.

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.