Geode Capital Management LLC Has $1 Billion Position in Ventas, Inc. $VTR

Geode Capital Management LLC grew its holdings in Ventas, Inc. (NYSE:VTR) by 3.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 12,988,943 shares of the real estate investment trust’s stock after purchasing an additional 475,633 shares during the quarter. Geode Capital Management LLC’s holdings in Ventas were worth $1,001,447,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Bleakley Financial Group LLC acquired a new stake in shares of Ventas in the fourth quarter valued at about $906,000. PGGM Investments acquired a new stake in shares of Ventas in the fourth quarter valued at about $98,686,000. Global Assets Advisory LLC grew its position in shares of Ventas by 13.5% in the fourth quarter. Global Assets Advisory LLC now owns 3,986 shares of the real estate investment trust’s stock valued at $308,000 after purchasing an additional 475 shares during the last quarter. Allstate Corp grew its position in shares of Ventas by 121.5% in the fourth quarter. Allstate Corp now owns 48,827 shares of the real estate investment trust’s stock valued at $3,778,000 after purchasing an additional 26,783 shares during the last quarter. Finally, Summitry LLC grew its position in shares of Ventas by 10.9% in the fourth quarter. Summitry LLC now owns 4,280 shares of the real estate investment trust’s stock valued at $331,000 after purchasing an additional 421 shares during the last quarter. 94.18% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on VTR shares. Royal Bank Of Canada raised their price target on Ventas from $91.00 to $98.00 and gave the company an “outperform” rating in a research report on Monday, May 4th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $93.00 price target on shares of Ventas in a research report on Monday, February 9th. JPMorgan Chase & Co. increased their target price on shares of Ventas from $93.00 to $94.00 and gave the company an “overweight” rating in a research note on Monday, May 11th. Mizuho set a $98.00 target price on shares of Ventas in a research note on Friday, May 22nd. Finally, Argus set a $88.00 target price on shares of Ventas in a research note on Tuesday, February 10th. Fourteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $95.00.

Ventas Stock Down 1.4%

Shares of VTR opened at $84.55 on Friday. The stock has a market cap of $41.10 billion, a price-to-earnings ratio of 153.72, a P/E/G ratio of 1.89 and a beta of 0.74. The company has a quick ratio of 0.25, a current ratio of 0.25 and a debt-to-equity ratio of 0.95. Ventas, Inc. has a 12 month low of $61.76 and a 12 month high of $91.06. The company has a 50-day moving average price of $85.30 and a two-hundred day moving average price of $82.24.

Ventas (NYSE:VTR) last announced its quarterly earnings results on Monday, April 27th. The real estate investment trust reported $0.11 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.01). The business had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.59 billion. Ventas had a return on equity of 2.09% and a net margin of 4.25%.The firm’s revenue for the quarter was up 22.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.84 EPS. Ventas has set its FY 2026 guidance at 3.820-3.890 EPS. Equities analysts predict that Ventas, Inc. will post 3.88 EPS for the current fiscal year.

Ventas Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 16th. Shareholders of record on Tuesday, June 30th will be paid a dividend of $0.52 per share. The ex-dividend date is Tuesday, June 30th. This represents a $2.08 dividend on an annualized basis and a yield of 2.5%. Ventas’s dividend payout ratio (DPR) is currently 378.18%.

Insider Buying and Selling

In other Ventas news, Director Walter C. Rakowich sold 1,152 shares of the firm’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $90.20, for a total transaction of $103,910.40. Following the completion of the transaction, the director owned 28,349 shares in the company, valued at $2,557,079.80. This trade represents a 3.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.53% of the stock is currently owned by corporate insiders.

About Ventas

Ventas, Inc (NYSE: VTR) is a real estate investment trust (REIT) that specializes in healthcare-related real estate. The company acquires, owns and manages a diversified portfolio of properties serving the healthcare continuum, including senior housing communities, skilled nursing facilities, medical office buildings, life science and research centers, and other properties leased to healthcare providers and operators. Ventas generates revenue through long-term leases, property management and selective development activities focused on meeting the real estate needs of the healthcare sector.

Ventas’ business model combines property ownership with active asset management and capital markets activity.