Cbre Investment Management Listed Real Assets LLC Boosts Stock Position in Ventas, Inc. $VTR

Key Points

• Cbre Investment Management Listed Real Assets LLC increased its position in Ventas, Inc. by 25.7%, owning 376,973 shares valued at approximately $25.9 million as of the end of the last quarter.
• Ventas reported $0.87 earnings per share (EPS) for the last quarter, exceeding analysts' expectations of $0.85 and reflecting an 18.3% increase in revenue year-over-year.
• Several institutional investors, including Vanguard Group and JPMorgan Chase, have also recently boosted their holdings in Ventas, indicating strong institutional interest in the stock.

Cbre Investment Management Listed Real Assets LLC grew its holdings in Ventas, Inc. (NYSE:VTR - Free Report) by 25.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 376,973 shares of the real estate investment trust's stock after acquiring an additional 77,066 shares during the quarter. Cbre Investment Management Listed Real Assets LLC owned 0.08% of Ventas worth $25,921,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. Nuveen LLC acquired a new stake in Ventas in the 1st quarter valued at $359,113,000. JPMorgan Chase & Co. increased its position in shares of Ventas by 9.5% during the first 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 during the last quarter. Vanguard Group Inc. boosted its holdings in Ventas by 3.7% during the 1st quarter. Vanguard Group Inc. now owns 68,941,561 shares of the real estate investment trust's stock valued at $4,740,422,000 after acquiring an additional 2,440,551 shares during the period. Northern Trust Corp grew its stake in shares of Ventas by 60.8% in the fourth quarter. Northern Trust Corp now owns 6,207,553 shares of the real estate investment trust's stock worth $365,563,000 after acquiring an additional 2,347,705 shares in the last quarter. Finally, Rush Island Management LP raised its holdings in Ventas by 130.6% in the fourth quarter. Rush Island Management LP now owns 3,097,830 shares of the real estate investment trust's stock valued at $182,431,000 after acquiring an additional 1,754,494 shares in the last quarter. 94.18% of the stock is owned by hedge funds and other institutional investors.

Ventas Stock Performance

NYSE:VTR traded down $0.0950 during midday trading on Monday, reaching $67.6950. The stock had a trading volume of 2,192,433 shares, compared to its average volume of 2,720,468. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 1.13. The stock has a market cap of $30.77 billion, a P/E ratio of 157.43, a P/E/G ratio of 2.50 and a beta of 0.87. The firm has a fifty day simple moving average of $65.73 and a two-hundred day simple moving average of $66.03. Ventas, Inc. has a 12-month low of $56.68 and a 12-month high of $71.36.

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

Insider Buying and Selling at Ventas

In related news, EVP Carey S. Roberts sold 23,500 shares of the company's stock in a transaction that occurred on Friday, May 30th. The shares were sold at an average price of $64.23, for a total transaction of $1,509,405.00. Following the transaction, the executive vice president owned 116,650 shares of the company's stock, valued at approximately $7,492,429.50. This represents a 16.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, 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 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. This trade represents a 1.27% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 307,340 shares of company stock worth $20,221,787. Corporate insiders own 1.00% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. Royal Bank Of Canada raised their price objective on shares of Ventas from $74.00 to $75.00 and gave the stock an "outperform" rating in a report on Wednesday, May 7th. Morgan Stanley lifted their price target 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. Scotiabank boosted their price target on shares of Ventas from $71.00 to $72.00 and gave the company a "sector perform" rating in a research report on Monday, June 23rd. Wall Street Zen lowered Ventas from a "hold" rating to a "sell" rating in a report on Thursday, May 22nd. Finally, Raymond James Financial reiterated an "outperform" rating and set a $78.00 target price (up previously from $74.00) on shares of Ventas in a research report on Friday. 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. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $73.82.

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.