Raymond James Financial Inc. lessened its stake in Ventas, Inc. (NYSE:VTR – Free Report) by 4.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 156,079 shares of the real estate investment trust’s stock after selling 6,486 shares during the period. Raymond James Financial Inc.’s holdings in Ventas were worth $10,732,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors also recently bought and sold shares of VTR. Nuveen LLC acquired a new position in Ventas in the first quarter valued at $359,113,000. JPMorgan Chase & Co. grew its holdings in shares of Ventas by 9.5% during 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 last quarter. Vanguard Group Inc. grew its holdings in shares of Ventas by 3.7% during 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 last quarter. Rush Island Management LP grew its holdings in shares of Ventas by 130.6% during 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 last quarter. Finally, Zimmer Partners LP purchased a new position in shares of Ventas during the fourth quarter worth about $67,719,000. Institutional investors and hedge funds own 94.18% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research firms recently issued reports on VTR. Morgan Stanley raised their price target on Ventas from $70.00 to $75.00 and gave the stock an “equal weight” rating in a report on Friday, August 15th. JPMorgan Chase & Co. raised their price target on Ventas from $72.00 to $76.00 and gave the stock an “overweight” rating in a report on Tuesday, August 26th. Argus reissued a “buy” rating and set a $75.00 price target on shares of Ventas in a report on Tuesday, August 26th. Raymond James Financial reissued an “outperform” rating and set a $78.00 price target (up previously from $74.00) on shares of Ventas in a report on Friday, August 22nd. Finally, Royal Bank Of Canada raised their price target on Ventas from $74.00 to $75.00 and gave the stock an “outperform” rating in a report on Wednesday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Ventas presently has an average rating of “Moderate Buy” and an average price target of $74.36.
Ventas Price Performance
Shares of VTR opened at $68.11 on Friday. Ventas, Inc. has a twelve month low of $56.68 and a twelve month high of $71.36. The stock’s 50 day moving average is $66.14 and its two-hundred day moving average is $66.21. The firm has a market capitalization of $30.95 billion, a PE ratio of 158.38, a P/E/G ratio of 2.51 and a beta of 0.87. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 1.13.
Ventas (NYSE:VTR – Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The real estate investment trust reported $0.87 earnings per share for the quarter, beating analysts’ consensus estimates 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 quarter in the previous year, the company earned $0.80 EPS. The firm’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. Research analysts anticipate that Ventas, Inc. will post 3.4 earnings per share for the current year.
Insider Buying and Selling
In other news, CFO Robert F. Probst sold 29,691 shares of the business’s stock in a transaction that occurred on 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 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Debra A. Cafaro sold 10,322 shares of the business’s stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $67.40, for a total value of $695,702.80. Following the sale, the chief executive officer directly owned 1,145,695 shares in the company, valued at $77,219,843. This trade represents a 0.89% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 266,466 shares of company stock worth $17,579,249 in the last ninety days. 0.80% of the stock is owned by corporate insiders.
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.
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