Goldman Sachs Group Inc. Acquires 1,056,447 Shares of Ventas, Inc. $VTR

Goldman Sachs Group Inc. raised its holdings in Ventas, Inc. (NYSE:VTR) by 40.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,649,367 shares of the real estate investment trust’s stock after purchasing an additional 1,056,447 shares during the quarter. Goldman Sachs Group Inc. owned 0.81% of Ventas worth $250,930,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of the business. Nuveen LLC bought a new stake in shares of Ventas in the first quarter valued at $359,113,000. JPMorgan Chase & Co. raised its stake in shares of Ventas by 9.5% in 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 buying an additional 2,811,241 shares during the period. Vanguard Group Inc. raised its stake in shares of Ventas by 3.7% in the first 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 buying an additional 2,440,551 shares during the period. Rush Island Management LP raised its stake in shares of 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 buying an additional 1,754,494 shares during the period. Finally, AQR Capital Management LLC raised its stake in shares of Ventas by 289.6% in the first quarter. AQR Capital Management LLC now owns 1,603,300 shares of the real estate investment trust’s stock valued at $110,243,000 after buying an additional 1,191,773 shares during the period. Institutional investors own 94.18% of the company’s stock.

Insider Activity

In other Ventas news, CFO Robert F. Probst sold 29,691 shares of Ventas stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $68.49, for a total transaction of $2,033,536.59. Following the completion of the sale, the chief financial officer owned 168,364 shares of the company’s stock, valued at $11,531,250.36. The trade was a 14.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Debra A. Cafaro sold 10,322 shares of Ventas stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $67.80, for a total value of $699,831.60. Following the sale, the chief executive officer directly owned 1,145,695 shares of the company’s stock, 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. In the last ninety days, insiders have sold 276,788 shares of company stock valued at $18,279,081. Corporate insiders own 1.00% of the company’s stock.

Ventas Price Performance

Ventas stock opened at $68.27 on Wednesday. Ventas, Inc. has a 52 week low of $56.68 and a 52 week high of $71.36. The business has a 50-day simple moving average of $66.79 and a 200 day simple moving average of $66.28. 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 $31.03 billion, a price-to-earnings ratio of 158.77, a PEG ratio of 2.51 and a beta of 0.87.

Ventas (NYSE:VTR) 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, topping the consensus estimate of $0.85 by $0.02. Ventas had a return on equity of 1.75% and a net margin of 3.61%.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 previous year, the company posted $0.80 earnings per share. The company’s revenue was up 18.3% compared to the same quarter last year. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. On average, research analysts forecast that Ventas, Inc. will post 3.4 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have issued reports on VTR shares. Scotiabank boosted 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. Raymond James Financial restated an “outperform” rating and issued a $78.00 target price (up from $74.00) on shares of Ventas in a research note on Friday, August 22nd. Wall Street Zen cut Ventas from a “hold” rating to a “sell” rating in a research report on Thursday, May 22nd. Morgan Stanley lifted 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, JPMorgan Chase & Co. lifted their price target on Ventas from $72.00 to $76.00 and gave the company an “overweight” rating in a research report on Tuesday, August 26th. One equities 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. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $74.36.

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.