MBB Public Markets I LLC Takes $323,000 Position in Ventas, Inc. $VTR

MBB Public Markets I LLC bought a new position in shares of Ventas, Inc. (NYSE:VTR) in the 1st quarter, Holdings Channel.com reports. The institutional investor bought 4,694 shares of the real estate investment trust’s stock, valued at approximately $323,000.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Ascent Group LLC lifted its position in shares of Ventas by 57.7% during the 1st quarter. Ascent Group LLC now owns 9,820 shares of the real estate investment trust’s stock worth $675,000 after buying an additional 3,593 shares during the period. United Services Automobile Association bought a new stake in shares of Ventas in the 1st quarter worth about $663,000. Great Lakes Advisors LLC bought a new stake in shares of Ventas in the 1st quarter worth about $298,000. Goldman Sachs Group Inc. grew its holdings in shares of Ventas by 40.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 3,649,367 shares of the real estate investment trust’s stock worth $250,930,000 after purchasing an additional 1,056,447 shares during the last quarter. Finally, Presima Securities ULC grew its holdings in shares of Ventas by 10.7% in the 1st quarter. Presima Securities ULC now owns 487,072 shares of the real estate investment trust’s stock worth $33,491,000 after purchasing an additional 47,130 shares during the last quarter. Institutional investors own 94.18% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. Argus reaffirmed a “buy” rating and issued a $75.00 target price on shares of Ventas in a report on Tuesday, August 26th. Raymond James Financial reaffirmed an “outperform” rating and issued a $78.00 target price (up previously from $74.00) on shares of Ventas in a report on Friday, August 22nd. Morgan Stanley upped their target price on shares of Ventas from $70.00 to $75.00 and gave the stock an “equal weight” rating in a report on Friday, August 15th. Wall Street Zen lowered shares of Ventas from a “hold” rating to a “sell” rating in a report on Thursday, May 22nd. Finally, JPMorgan Chase & Co. upped their target price on shares of Ventas from $72.00 to $76.00 and gave the stock an “overweight” rating in a report on Tuesday, August 26th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $74.36.

Insider Activity

In related news, CFO Robert F. Probst sold 168,318 shares of Ventas stock in a transaction dated 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 directly owned 168,364 shares in the company, valued at $11,004,271.04. This trade represents a 49.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Debra A. Cafaro sold 14,753 shares of the business’s stock in a transaction dated Monday, July 14th. The stock was sold at an average price of $65.60, for a total value of $967,796.80. Following the sale, the chief executive officer directly owned 1,145,695 shares of the company’s stock, valued at $75,157,592. This represents a 1.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 276,788 shares of company stock worth $18,279,081. 1.00% of the stock is owned by corporate insiders.

Ventas Stock Up 0.3%

Shares of NYSE VTR opened at $68.10 on Tuesday. The firm’s 50-day simple moving average is $66.68 and its 200 day simple moving average is $66.27. The company has a market cap of $30.95 billion, a price-to-earnings ratio of 158.38, a price-to-earnings-growth ratio of 2.50 and a beta of 0.87. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 1.13. Ventas, Inc. has a 12-month low of $56.68 and a 12-month high of $71.36.

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. The business had revenue of $1.42 billion for the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.80 EPS. Ventas has set its FY 2025 guidance at 3.410-3.46 EPS. On average, research analysts expect that Ventas, Inc. will post 3.4 earnings per share for the current fiscal year.

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.