United Services Automobile Association Invests $663,000 in Ventas, Inc. $VTR

United Services Automobile Association acquired a new position in shares of Ventas, Inc. (NYSE:VTR) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 9,638 shares of the real estate investment trust’s stock, valued at approximately $663,000.

Several other hedge funds and other institutional investors have also modified their holdings of VTR. Nuveen LLC acquired a new stake in shares of Ventas in the first quarter worth $359,113,000. JPMorgan Chase & Co. boosted its position 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 worth $2,224,203,000 after buying an additional 2,811,241 shares during the period. Vanguard Group Inc. boosted its position 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 worth $4,740,422,000 after buying an additional 2,440,551 shares during the period. Rush Island Management LP boosted its position 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 worth $182,431,000 after buying an additional 1,754,494 shares during the period. Finally, AQR Capital Management LLC boosted its position 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 worth $110,243,000 after buying an additional 1,191,773 shares during the period. Institutional investors and hedge funds own 94.18% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on VTR. JPMorgan Chase & Co. increased their price objective on Ventas from $72.00 to $76.00 and gave the stock an “overweight” rating in a report on Tuesday, August 26th. Wall Street Zen lowered Ventas from a “hold” rating to a “sell” rating in a report on Thursday, May 22nd. Morgan Stanley increased their price objective on Ventas from $70.00 to $75.00 and gave the stock an “equal weight” rating in a report on Friday, August 15th. Scotiabank increased their price objective on Ventas from $72.00 to $74.00 and gave the stock a “sector perform” rating in a report on Thursday, August 28th. Finally, Argus reiterated a “buy” rating and set a $75.00 price objective on shares of Ventas 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 company’s stock. According to MarketBeat, Ventas currently has a consensus rating of “Moderate Buy” and a consensus price target of $74.36.

Insider Activity

In other Ventas news, CEO Debra A. Cafaro sold 14,753 shares of the firm’s stock in a transaction dated Monday, July 14th. The stock was sold at an average price of $65.60, for a total transaction of $967,796.80. Following the transaction, the chief executive officer directly owned 1,145,695 shares in the company, valued at $75,157,592. This trade represents a 1.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Robert F. Probst sold 168,318 shares of the firm’s stock in a transaction dated 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 transaction, the chief financial officer owned 168,364 shares in the company, valued at approximately $11,004,271.04. This trade represents a 49.99% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 276,788 shares of company stock worth $18,279,081. Corporate insiders own 1.00% of the company’s stock.

Ventas Price Performance

NYSE VTR opened at $68.27 on Wednesday. Ventas, Inc. has a fifty-two week low of $56.68 and a fifty-two week high of $71.36. The stock’s 50-day moving average is $66.79 and its two-hundred day moving average is $66.28. The company has a debt-to-equity ratio of 1.13, a current ratio of 0.68 and a quick ratio of 0.68. The firm has a market cap of $31.03 billion, a P/E ratio of 158.77, a price-to-earnings-growth ratio of 2.51 and a beta of 0.87.

Ventas (NYSE:VTR) last posted its earnings results on Wednesday, July 30th. The real estate investment trust reported $0.87 earnings per share for the quarter, beating 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 company had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.37 billion. During the same period last year, the company earned $0.80 earnings per share. The business’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, analysts anticipate 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.