Zimmer Partners LP Sells 1,032,431 Shares of Ventas, Inc. $VTR

Zimmer Partners LP reduced its position in Ventas, Inc. (NYSE:VTR) by 89.8% during the first quarter, Holdings Channel.com reports. The firm owned 117,500 shares of the real estate investment trust’s stock after selling 1,032,431 shares during the quarter. Zimmer Partners LP’s holdings in Ventas were worth $8,079,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of VTR. Cloud Capital Management LLC bought a new position in shares of Ventas in the 1st quarter worth $25,000. Larson Financial Group LLC lifted its stake in Ventas by 1,334.6% during the 1st quarter. Larson Financial Group LLC now owns 373 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 347 shares in the last quarter. Franchise Capital Ltd bought a new position in Ventas during the 1st quarter valued at $32,000. Rossby Financial LCC bought a new position in Ventas during the 1st quarter valued at $34,000. Finally, Bank Julius Baer & Co. Ltd Zurich bought a new position in Ventas during the 1st quarter valued at $41,000. 94.18% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Ventas

In other news, CEO Debra A. Cafaro sold 10,322 shares of the firm’s stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $67.80, for a total transaction of $699,831.60. Following the completion of the sale, the chief executive officer directly owned 1,145,695 shares of the company’s stock, valued at $77,678,121. This trade represents a 0.89% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Robert F. Probst sold 29,691 shares of the firm’s stock in a transaction on Monday, August 4th. The shares were sold at an average price of $68.49, for a total value of $2,033,536.59. Following the sale, the chief financial officer directly owned 168,364 shares of the company’s stock, valued at approximately $11,531,250.36. This represents a 14.99% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 276,788 shares of company stock valued at $18,279,081. Insiders own 1.00% of the company’s stock.

Analyst Upgrades and Downgrades

VTR has been the topic of several recent analyst reports. Argus restated a “buy” rating and set a $75.00 price objective on shares of Ventas in a research note on Tuesday, August 26th. Raymond James Financial restated an “outperform” rating and set a $78.00 price objective (up from $74.00) on shares of Ventas in a research note on Friday, August 22nd. Scotiabank raised their price objective on Ventas from $72.00 to $74.00 and gave the company a “sector perform” rating in a research note on Thursday, August 28th. Wall Street Zen cut Ventas from a “hold” rating to a “sell” rating in a research note on Thursday, May 22nd. Finally, JPMorgan Chase & Co. raised their price objective on Ventas from $72.00 to $76.00 and gave the company an “overweight” rating in a research note 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 assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $74.36.

Ventas Trading Up 0.3%

Shares of Ventas stock opened at $68.10 on Tuesday. Ventas, Inc. has a 1 year low of $56.68 and a 1 year high of $71.36. The firm has a market cap of $30.95 billion, a PE ratio of 158.38, a P/E/G ratio of 2.50 and a beta of 0.87. The stock has a fifty day moving average price of $66.68 and a 200-day moving average price of $66.27. The company has a debt-to-equity ratio of 1.13, a current ratio of 0.68 and a quick ratio of 0.68.

Ventas (NYSE:VTR) last announced its earnings results on Wednesday, July 30th. The real estate investment trust reported $0.87 earnings per share (EPS) 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 firm had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.37 billion. During the same period last year, the firm posted $0.80 EPS. 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. Equities research analysts anticipate that Ventas, Inc. will post 3.4 EPS for the current year.

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.