Ventas, Inc. $VTR Shares Sold by Aew Capital Management L P

Key Points

• Aew Capital Management L P reduced its stake in Ventas by 9.3%, now holding 895,976 shares valued at approximately $61.6 million, making it the firm's 9th largest position.
• Analysts are optimistic about Ventas, with several firms raising their price targets; the consensus target price is now $73.82 with a moderate buy rating.
• Insiders, including CEO Debra A. Cafaro and CFO Robert F. Probst, sold a total of 40,013 shares recently, with significant reductions in their ownership percentages.

Aew Capital Management L P lessened its stake in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 9.3% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 895,976 shares of the real estate investment trust's stock after selling 92,150 shares during the period. Ventas comprises approximately 3.0% of Aew Capital Management L P's investment portfolio, making the stock its 9th biggest holding. Aew Capital Management L P owned approximately 0.20% of Ventas worth $61,607,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Lindbrook Capital LLC grew its holdings in Ventas by 3.9% in the first quarter. Lindbrook Capital LLC now owns 4,440 shares of the real estate investment trust's stock worth $305,000 after purchasing an additional 165 shares during the last quarter. DoubleLine ETF Adviser LP grew its holdings in Ventas by 0.6% in the fourth quarter. DoubleLine ETF Adviser LP now owns 29,695 shares of the real estate investment trust's stock worth $1,749,000 after purchasing an additional 171 shares during the last quarter. Hennion & Walsh Asset Management Inc. grew its holdings in Ventas by 1.6% in the first quarter. Hennion & Walsh Asset Management Inc. now owns 10,674 shares of the real estate investment trust's stock worth $734,000 after purchasing an additional 172 shares during the last quarter. Kentucky Retirement Systems grew its holdings in Ventas by 0.6% in the first quarter. Kentucky Retirement Systems now owns 28,574 shares of the real estate investment trust's stock worth $1,965,000 after purchasing an additional 183 shares during the last quarter. Finally, Naviter Wealth LLC grew its holdings in Ventas by 0.7% in the first quarter. Naviter Wealth LLC now owns 30,169 shares of the real estate investment trust's stock worth $2,074,000 after purchasing an additional 200 shares during the last quarter. Institutional investors own 94.18% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on VTR. 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 report on Wednesday, May 7th. Raymond James Financial reissued an "outperform" rating and set a $78.00 price objective (up from $74.00) on shares of Ventas in a report on Friday. Wall Street Zen lowered shares of Ventas from a "hold" rating to a "sell" rating in a report on Thursday, May 22nd. 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 report on Monday, June 23rd. Finally, 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 report on Monday, June 23rd. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $73.82.

Insiders Place Their Bets

In other Ventas 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 completion of the transaction, 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Robert F. Probst sold 168,318 shares of the company's stock in a transaction dated Monday, July 14th. The stock was sold at an average price of $65.36, for a total transaction of $11,001,264.48. Following the completion of the transaction, the chief financial officer owned 168,364 shares of the company's stock, valued at approximately $11,004,271.04. This trade represents a 49.99% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 307,340 shares of company stock worth $20,221,787. Company insiders own 1.00% of the company's stock.

Ventas Stock Performance

NYSE:VTR traded down $0.0950 during mid-day trading on Monday, hitting $67.6950. The company's stock had a trading volume of 2,192,433 shares, compared to its average volume of 2,720,468. Ventas, Inc. has a 1 year low of $56.68 and a 1 year high of $71.36. The company has a debt-to-equity ratio of 1.13, a current ratio of 0.68 and a quick ratio of 0.68. The stock has a market cap of $30.77 billion, a price-to-earnings ratio of 157.43, a PEG ratio of 2.50 and a beta of 0.87. The business's fifty day moving average is $65.73 and its two-hundred day moving average is $66.03.

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, 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 company had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.37 billion. During the same period in the prior year, the company earned $0.80 earnings per share. The firm's revenue was up 18.3% on a year-over-year basis. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. Analysts anticipate that Ventas, Inc. will post 3.4 EPS for the current fiscal year.

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.