Ventas, Inc. $VTR Shares Sold by Raymond James Financial Inc.

Key Points

• Raymond James Financial Inc. has reduced its stake in Ventas, Inc. by 4.0%, now holding 156,079 shares valued at approximately $10.7 million.
• Analysts have raised price targets for Ventas, with JPMorgan Chase increasing it from $72.00 to $76.00 and Morgan Stanley setting a new target of $75.00.
• Ventas reported a quarterly earnings per share of $0.87, exceeding analysts' expectations and reflecting an 18.3% increase in revenue year-over-year.

Raymond James Financial Inc. decreased its stake in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 4.0% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 156,079 shares of the real estate investment trust's stock after selling 6,486 shares during the period. Raymond James Financial Inc.'s holdings in Ventas were worth $10,732,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Cloud Capital Management LLC acquired a new stake in Ventas during the first quarter valued at approximately $25,000. Larson Financial Group LLC increased its holdings in shares of Ventas by 1,334.6% in the 1st quarter. Larson Financial Group LLC now owns 373 shares of the real estate investment trust's stock valued at $26,000 after acquiring an additional 347 shares during the last quarter. Franchise Capital Ltd acquired a new stake in shares of Ventas during the 1st quarter valued at approximately $32,000. Rossby Financial LCC acquired a new stake in shares of Ventas during the 1st quarter valued at approximately $34,000. Finally, Bank Julius Baer & Co. Ltd Zurich bought a new position in Ventas during the first quarter worth $41,000. 94.18% of the stock is currently owned by institutional investors and hedge funds.

Ventas Stock Performance

VTR stock traded up $0.04 on Thursday, reaching $67.49. The company's stock had a trading volume of 844,016 shares, compared to its average volume of 3,040,799. Ventas, Inc. has a 52 week low of $56.68 and a 52 week 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 company has a market capitalization of $30.67 billion, a P/E ratio of 156.95, a price-to-earnings-growth ratio of 2.51 and a beta of 0.87. The firm has a fifty day moving average of $66.40 and a two-hundred day moving average of $66.25.

Ventas (NYSE:VTR - Get Free Report) last posted its 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. The firm had revenue of $1.42 billion for the quarter, compared to analysts' expectations of $1.37 billion. Ventas had a return on equity of 1.75% and a net margin of 3.61%.The firm's revenue was up 18.3% compared to the same quarter last year. During the same period last year, the firm earned $0.80 EPS. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. As a group, analysts predict that Ventas, Inc. will post 3.4 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have weighed in on VTR. JPMorgan Chase & Co. boosted their target price on shares of Ventas from $72.00 to $76.00 and gave the company an "overweight" rating in a research note on Tuesday, August 26th. Raymond James Financial reaffirmed an "outperform" rating and issued a $78.00 price target (up from $74.00) on shares of Ventas in a report on Friday, August 22nd. Argus reaffirmed a "buy" rating and set a $75.00 price objective on shares of Ventas in a research report on Tuesday, August 26th. Wall Street Zen cut shares of Ventas from a "hold" rating to a "sell" rating in a report on Thursday, May 22nd. Finally, Morgan Stanley lifted their target price on Ventas from $70.00 to $75.00 and gave the company an "equal weight" rating in a research note on Friday, August 15th. 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's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $74.36.

Insiders Place Their Bets

In related news, CEO Debra A. Cafaro sold 14,753 shares of Ventas stock in a transaction dated Monday, July 14th. The shares were sold at an average price of $65.60, for a total transaction of $967,796.80. Following the sale, the chief executive officer directly owned 1,145,695 shares in the company, valued at $75,157,592. The trade was a 1.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Robert F. Probst sold 168,318 shares of the stock in a transaction dated Monday, July 14th. The shares were 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 $11,004,271.04. This represents a 49.99% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 266,466 shares of company stock worth $17,579,249 over the last three months. Corporate insiders own 1.00% 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.