Resolution Capital Ltd Purchases 751,587 Shares of Ventas, Inc. $VTR

Key Points

• Resolution Capital Ltd increased its holdings in Ventas, Inc. by 10.5%, now owning 7,889,848 shares, making Ventas its second-largest position.
• Wall Street analysts have raised their price targets for Ventas, with JPMorgan Chase increasing it from $72 to $76 and Raymond James raising it to $78, reflecting a consensus target price of $74.36.
• Ventas reported a strong quarterly performance with a revenue of $1.42 billion, which was above analysts' estimates, and set EPS guidance of 3.410-3.460 for FY 2025.

Resolution Capital Ltd increased its position in shares of Ventas, Inc. (NYSE:VTR - Free Report) by 10.5% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,889,848 shares of the real estate investment trust's stock after purchasing an additional 751,587 shares during the period. Ventas makes up approximately 10.6% of Resolution Capital Ltd's portfolio, making the stock its 2nd largest position. Resolution Capital Ltd owned about 1.75% of Ventas worth $542,506,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Algert Global LLC purchased a new position in Ventas in the fourth quarter valued at about $642,000. Baird Financial Group Inc. increased its holdings in Ventas by 40.4% in the fourth quarter. Baird Financial Group Inc. now owns 9,978 shares of the real estate investment trust's stock valued at $588,000 after buying an additional 2,872 shares in the last quarter. Captrust Financial Advisors increased its holdings in Ventas by 4.5% in the fourth quarter. Captrust Financial Advisors now owns 25,255 shares of the real estate investment trust's stock valued at $1,487,000 after buying an additional 1,094 shares in the last quarter. Brevan Howard Capital Management LP purchased a new position in Ventas in the fourth quarter valued at about $665,000. Finally, Centiva Capital LP purchased a new position in Ventas in the fourth quarter valued at about $630,000. 94.18% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Ventas

In related news, CFO Robert F. Probst sold 29,691 shares of the firm's 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 sale, the chief financial officer owned 168,364 shares in the company, valued at approximately $11,531,250.36. This trade represents a 14.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Debra A. Cafaro sold 10,322 shares of the firm's stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $67.80, for a total transaction of $699,831.60. Following the sale, the chief executive officer owned 1,145,695 shares in the company, valued at approximately $77,678,121. This trade represents a 0.89% decrease in their position. The disclosure for this sale can be found here. Insiders sold 276,788 shares of company stock worth $18,279,081 over the last quarter. Company insiders own 1.00% of the company's stock.

Analyst Ratings Changes

A number of brokerages have issued reports on VTR. Morgan Stanley increased their target price on shares of Ventas from $70.00 to $75.00 and gave the company an "equal weight" rating in a report on Friday, August 15th. Scotiabank increased their target price on shares of Ventas from $72.00 to $74.00 and gave the company a "sector perform" rating in a report on Thursday, August 28th. Raymond James Financial reaffirmed an "outperform" rating and issued a $78.00 target price (up from $74.00) on shares of Ventas in a report on Friday, August 22nd. Wall Street Zen cut shares of Ventas from a "hold" rating to a "sell" rating in a report on Thursday, May 22nd. Finally, Argus reaffirmed a "buy" rating and issued a $75.00 target price on shares of Ventas in a report on Tuesday, August 26th. One 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's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $74.36.

Ventas Price Performance

Shares of VTR stock traded up $0.19 during trading hours on Tuesday, hitting $68.27. The company's stock had a trading volume of 2,434,543 shares, compared to its average volume of 2,380,386. The business has a fifty day moving average of $66.79 and a 200-day moving average of $66.28. The stock has a market cap of $31.03 billion, a price-to-earnings ratio of 158.77, a P/E/G ratio of 2.51 and a beta of 0.87. Ventas, Inc. has a twelve month low of $56.68 and a twelve month high of $71.36. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 1.13.

Ventas (NYSE:VTR - Get Free Report) last released 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. The business had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.37 billion. Ventas had a net margin of 3.61% and a return on equity of 1.75%. The company's quarterly revenue was up 18.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.80 earnings per share. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. As a group, equities research analysts anticipate that Ventas, Inc. will post 3.4 EPS for the current 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.