Ventas, Inc. $VTR Shares Bought by Intech Investment Management LLC

Key Points

• Intech Investment Management LLC increased its holdings in Ventas, Inc. by 68.3% during Q1, now owning 72,573 shares valued at approximately $4.99 million.
• Ventas reported EPS of $0.87 for the last quarter, above analysts' expectations, with a revenue of $1.42 billion, reflecting an 18.3% increase year-over-year.
• Institutional investors and hedge funds dominate ownership of Ventas stock, holding 94.18% of the total shares, indicating strong institutional confidence in the company.

Intech Investment Management LLC lifted its holdings in Ventas, Inc. (NYSE:VTR - Free Report) by 68.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 72,573 shares of the real estate investment trust's stock after purchasing an additional 29,464 shares during the period. Intech Investment Management LLC's holdings in Ventas were worth $4,990,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in VTR. Nuveen LLC acquired a new position in shares of Ventas in the 1st quarter worth approximately $359,113,000. JPMorgan Chase & Co. grew 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 worth $2,224,203,000 after purchasing an additional 2,811,241 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Ventas by 3.7% in the first 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. Rush Island Management LP increased its position in shares of Ventas by 130.6% in the fourth quarter. Rush Island Management LP now owns 3,097,830 shares of the real estate investment trust's stock worth $182,431,000 after acquiring an additional 1,754,494 shares in the last quarter. Finally, AQR Capital Management LLC increased its position in shares of Ventas by 289.6% in the first quarter. AQR Capital Management LLC now owns 1,603,300 shares of the real estate investment trust's stock worth $110,243,000 after acquiring an additional 1,191,773 shares in the last quarter. Institutional investors and hedge funds own 94.18% of the company's stock.

Ventas Stock Performance

VTR stock opened at $69.72 on Friday. 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 stock has a market cap of $31.69 billion, a P/E ratio of 162.15, a P/E/G ratio of 2.56 and a beta of 0.87. The firm has a 50 day simple moving average of $67.18 and a 200 day simple moving average of $66.33. Ventas, Inc. has a 52 week low of $56.68 and a 52 week high of $71.36.

Ventas (NYSE:VTR - Get Free Report) last posted its quarterly 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. The business 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 quarterly revenue was up 18.3% compared to the same quarter last year. During the same period last year, the company posted $0.80 earnings per share. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. Research analysts anticipate that Ventas, Inc. will post 3.4 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Scotiabank lifted their target price on shares of Ventas from $72.00 to $74.00 and gave the stock a "sector perform" rating in a research report on Thursday, August 28th. Argus reissued a "buy" rating and issued a $75.00 target price on shares of Ventas in a research report on Tuesday, August 26th. Raymond James Financial reissued an "outperform" rating and issued a $78.00 target price (up from $74.00) on shares of Ventas in a research report on Friday, August 22nd. Morgan Stanley lifted their target price 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. Finally, Wall Street Zen downgraded shares of Ventas from a "hold" rating to a "sell" rating in a research report on Thursday, May 22nd. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $74.36.

Insider Activity at Ventas

In other Ventas news, CEO Debra A. Cafaro sold 10,322 shares of Ventas stock in a transaction that occurred 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 completion of 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Robert F. Probst sold 29,691 shares of Ventas stock in a transaction that occurred on Monday, August 4th. The shares were 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 $11,531,250.36. This trade represents a 14.99% 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. 0.80% of the stock is currently owned by corporate insiders.

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.

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