Ventas, Inc. $VTR Shares Purchased by Nordea Investment Management AB

Key Points

• Nordea Investment Management AB significantly increased its stake in Ventas, Inc. by 1,042.6% during the 2nd quarter, now owning 386,881 shares valued at approximately $24 million.
• Several major institutional investors have also increased their holdings, with Nuveen LLC acquiring shares worth about $359 million, contributing to 94.18% of Ventas's stock being held by institutional investors.
• Analysts maintain a generally positive outlook for Ventas, with a consensus rating of "Moderate Buy" and a target price averaging around $75.23, indicating growth potential for the stock.

Nordea Investment Management AB increased its stake in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 1,042.6% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 386,881 shares of the real estate investment trust's stock after purchasing an additional 353,022 shares during the period. Nordea Investment Management AB owned 0.09% of Ventas worth $24,064,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of VTR. Nuveen LLC acquired a new position in shares of Ventas during the 1st quarter worth about $359,113,000. JPMorgan Chase & Co. lifted its stake in 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 in the last quarter. Vanguard Group Inc. lifted its stake in 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 worth $4,740,422,000 after purchasing an additional 2,440,551 shares in the last quarter. AQR Capital Management LLC lifted its stake in Ventas by 289.6% in the 1st quarter. AQR Capital Management LLC now owns 1,603,300 shares of the real estate investment trust's stock worth $110,243,000 after purchasing an additional 1,191,773 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in Ventas by 40.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 3,649,367 shares of the real estate investment trust's stock worth $250,930,000 after purchasing an additional 1,056,447 shares in the last quarter. Institutional investors and hedge funds own 94.18% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Argus reissued a "buy" rating and issued a $75.00 target price on shares of Ventas in a research note on Tuesday, August 26th. Scotiabank raised their target price on shares of Ventas from $72.00 to $74.00 and gave the stock a "sector perform" rating in a research note on Thursday, August 28th. Morgan Stanley raised their target price on shares of Ventas from $70.00 to $75.00 and gave the stock an "equal weight" rating in a research note on Friday, August 15th. Raymond James Financial restated an "outperform" rating and set a $78.00 price target (up previously from $74.00) on shares of Ventas in a report on Friday, August 22nd. Finally, Cantor Fitzgerald assumed coverage on shares of Ventas in a report on Wednesday, October 1st. They set an "overweight" rating and a $77.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $75.23.

Ventas Stock Up 1.6%

Ventas stock opened at $70.65 on Friday. Ventas, Inc. has a fifty-two week low of $56.68 and a fifty-two week high of $71.36. 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 firm has a 50 day moving average price of $68.42 and a 200 day moving average price of $66.39. The company has a market capitalization of $32.11 billion, a PE ratio of 164.30, a price-to-earnings-growth ratio of 2.60 and a beta of 0.89.

Ventas (NYSE:VTR - Get Free Report) last posted its earnings results on Wednesday, July 30th. The real estate investment trust reported $0.87 earnings per share for the quarter, beating 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 the consensus estimate of $1.37 billion. During the same quarter last year, the firm earned $0.80 EPS. The firm'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. Research analysts expect that Ventas, Inc. will post 3.4 earnings per share for the current year.

Ventas Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 16th. Investors of record on Tuesday, September 30th were issued a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 2.7%. The ex-dividend date was Tuesday, September 30th. Ventas's dividend payout ratio (DPR) is 446.51%.

Insider Activity at Ventas

In related news, CEO Peter J. Bulgarelli sold 2,554 shares of Ventas stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $70.26, for a total value of $179,444.04. Following the completion of the sale, the chief executive officer owned 116,488 shares in the company, valued at approximately $8,184,446.88. This trade represents a 2.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Debra A. Cafaro sold 10,322 shares of Ventas stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $70.24, for a total transaction of $725,017.28. Following the completion of the sale, the chief executive officer owned 1,145,695 shares of the company's stock, valued at $80,473,616.80. This trade represents a 0.89% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 99,050 shares of company stock worth $6,726,778. Insiders own 0.80% of the company's stock.

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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