Ventas, Inc. $VTR Shares Acquired by Wellington Management Group LLP

Key Points

• Wellington Management Group LLP significantly increased its stake in Ventas, Inc. by 2,305.0% during the first quarter, acquiring an additional 880,095 shares to total 918,277 shares valued at approximately $63.14 million.
• Several other institutional investors, such as Cloud Capital Management LLC and Larson Financial Group LLC, also made new investments or drastically increased their holdings in Ventas during the same period.
• Analyst ratings for Ventas have varied, with JPMorgan raising its rating to "overweight" and a target price increase from $70 to $72, while Wall Street Zen downgraded it from "hold" to "sell," highlighting the mixed sentiment surrounding the stock.

Wellington Management Group LLP boosted its holdings in Ventas, Inc. (NYSE:VTR - Free Report) by 2,305.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 918,277 shares of the real estate investment trust's stock after purchasing an additional 880,095 shares during the quarter. Wellington Management Group LLP owned about 0.20% of Ventas worth $63,141,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the business. Korea Investment CORP grew its holdings in shares of Ventas by 46.9% during the first quarter. Korea Investment CORP now owns 400,522 shares of the real estate investment trust's stock worth $27,540,000 after buying an additional 127,820 shares during the last quarter. Qtron Investments LLC purchased a new position in shares of Ventas in the 1st quarter valued at approximately $665,000. Northern Trust Corp increased its holdings in shares of Ventas by 3.1% in the first quarter. Northern Trust Corp now owns 6,402,413 shares of the real estate investment trust's stock valued at $440,230,000 after purchasing an additional 194,860 shares during the period. Algert Global LLC raised its stake in shares of Ventas by 335.0% during the first quarter. Algert Global LLC now owns 47,406 shares of the real estate investment trust's stock worth $3,260,000 after purchasing an additional 36,508 shares during the last quarter. Finally, Northwest & Ethical Investments L.P. raised its position in Ventas by 85.4% during the 1st quarter. Northwest & Ethical Investments L.P. now owns 50,817 shares of the real estate investment trust's stock worth $3,493,000 after buying an additional 23,406 shares during the last quarter. 94.18% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, EVP Carey S. Roberts sold 23,500 shares of the company's stock in a transaction 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 completion of the sale, the executive vice president directly owned 116,650 shares of the company's stock, valued at approximately $7,492,429.50. This represents a 16.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Robert F. Probst sold 168,318 shares of the stock in a transaction on Monday, July 14th. The shares were 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 of the company's stock, valued at approximately $11,004,271.04. This represents a 49.99% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 307,340 shares of company stock valued at $20,221,787 in the last three months. Corporate insiders own 1.00% of the company's stock.

Ventas Trading Down 0.1%

NYSE VTR traded down $0.0950 during trading hours on Monday, hitting $67.6950. 2,192,433 shares of the company's stock were exchanged, compared to its average volume of 2,720,468. The business's 50 day moving average is $65.73 and its 200-day moving average is $66.03. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.68 and a current ratio of 0.68. Ventas, Inc. has a 12-month low of $56.68 and a 12-month high of $71.36. The firm has a market capitalization of $30.77 billion, a P/E ratio of 157.43, a price-to-earnings-growth ratio of 2.50 and a beta of 0.87.

Ventas (NYSE:VTR - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The real estate investment trust reported $0.87 EPS for the quarter, topping 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 firm had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.37 billion. During the same quarter in the prior year, the business posted $0.80 earnings per share. Ventas's revenue for the quarter was up 18.3% compared to the same quarter last year. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. As a group, analysts anticipate that Ventas, Inc. will post 3.4 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Royal Bank Of Canada increased their price target on shares of Ventas from $74.00 to $75.00 and gave the stock an "outperform" rating in a report on Wednesday, May 7th. JPMorgan Chase & Co. upgraded shares of Ventas from a "neutral" rating to an "overweight" rating and lifted their price target for the company from $70.00 to $72.00 in a research report on Monday, June 23rd. Wall Street Zen downgraded Ventas from a "hold" rating to a "sell" rating in a research report on Thursday, May 22nd. Morgan Stanley raised their price target on Ventas from $70.00 to $75.00 and gave the company an "equal weight" rating in a research report on Friday, August 15th. Finally, Raymond James Financial reissued an "outperform" rating and issued a $78.00 price objective (up from $74.00) on shares of Ventas in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Ventas has an average rating of "Moderate Buy" and an average target price of $73.82.

About Ventas

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.