Ventas, Inc. $VTR Stake Boosted by Nissay Asset Management Corp Japan ADV

Key Points

• Nissay Asset Management Corp Japan ADV increased its stake in Ventas, Inc. by 4.4%, holding 114,715 shares valued at approximately $7.89 million as of the latest SEC filing.
• In the 1st quarter, multiple institutional investors, including Vanguard and JPMorgan Chase & Co., also increased their positions in Ventas, indicating strong institutional interest.
• Analyst ratings for Ventas are mixed, with one downgrade to "sell" and several others affirming a "buy" rating, setting an average target price of $74.36.

Nissay Asset Management Corp Japan ADV grew its stake in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 4.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 114,715 shares of the real estate investment trust's stock after purchasing an additional 4,844 shares during the quarter. Nissay Asset Management Corp Japan ADV's holdings in Ventas were worth $7,888,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its position in shares of Ventas by 3.7% during 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 buying an additional 2,440,551 shares during the period. JPMorgan Chase & Co. raised its stake in Ventas by 9.5% during 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 acquiring an additional 2,811,241 shares in the last quarter. Price T Rowe Associates Inc. MD raised its stake in Ventas by 4.6% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,414,404 shares of the real estate investment trust's stock valued at $441,056,000 after acquiring an additional 281,232 shares in the last quarter. Northern Trust Corp raised its stake in Ventas by 3.1% during the 1st quarter. Northern Trust Corp now owns 6,402,413 shares of the real estate investment trust's stock valued at $440,230,000 after acquiring an additional 194,860 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in Ventas by 3.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 6,338,089 shares of the real estate investment trust's stock valued at $435,806,000 after acquiring an additional 233,639 shares in the last quarter. 94.18% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have weighed in on VTR shares. Wall Street Zen downgraded Ventas from a "hold" rating to a "sell" rating in a research note on Thursday, May 22nd. Argus reaffirmed a "buy" rating and set a $75.00 target price on shares of Ventas in a research note on Tuesday, August 26th. JPMorgan Chase & Co. lifted their target price on 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 set a $78.00 target price (up previously from $74.00) on shares of Ventas in a research note on Friday, August 22nd. Finally, Scotiabank lifted their target price on Ventas from $72.00 to $74.00 and gave the company a "sector perform" rating in a research note on Thursday, August 28th. One investment 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. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $74.36.

Insiders Place Their Bets

In other news, CFO Robert F. Probst sold 168,318 shares of the stock in a transaction on Monday, July 14th. The stock was sold at an average price of $65.36, for a total value of $11,001,264.48. Following the completion of the sale, the chief financial officer owned 168,364 shares in the company, valued at $11,004,271.04. This represents a 49.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Debra A. Cafaro sold 14,753 shares of the stock in a transaction on 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 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 position. The disclosure for this sale can be found here. Insiders sold a total of 276,788 shares of company stock worth $18,279,081 over the last 90 days. Insiders own 0.80% of the company's stock.

Ventas Stock Performance

Shares of NYSE VTR opened at $67.88 on Friday. The stock has a fifty day moving average price of $66.59 and a two-hundred day moving average price of $66.26. 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 market cap of $30.85 billion, a P/E ratio of 157.87, a PEG ratio of 2.50 and a beta of 0.87. 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 issued its quarterly earnings results on Wednesday, July 30th. The real estate investment trust reported $0.87 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.85 by $0.02. The firm 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 firm's quarterly revenue was up 18.3% on a year-over-year basis. During the same period last year, the company posted $0.80 EPS. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. Research analysts forecast that Ventas, Inc. will post 3.4 EPS for the current fiscal year.

Ventas 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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