Hudson Bay Capital Management LP Makes New Investment in Ventas, Inc. $VTR

Hudson Bay Capital Management LP purchased a new stake in shares of Ventas, Inc. (NYSE:VTR) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 278,193 shares of the real estate investment trust’s stock, valued at approximately $17,568,000. Hudson Bay Capital Management LP owned 0.06% of Ventas as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also modified their holdings of the company. Ethic Inc. lifted its position in shares of Ventas by 27.9% during the 1st quarter. Ethic Inc. now owns 66,748 shares of the real estate investment trust’s stock valued at $4,624,000 after acquiring an additional 14,568 shares during the last quarter. Nicola Wealth Management LTD. acquired a new position in shares of Ventas in the 1st quarter worth $1,169,000. Cbre Investment Management Listed Real Assets LLC raised its position in shares of Ventas by 25.7% during the first quarter. Cbre Investment Management Listed Real Assets LLC now owns 376,973 shares of the real estate investment trust’s stock worth $25,921,000 after purchasing an additional 77,066 shares during the period. Investment Management Corp of Ontario lifted its holdings in shares of Ventas by 1,019.0% during the second quarter. Investment Management Corp of Ontario now owns 133,061 shares of the real estate investment trust’s stock valued at $8,403,000 after purchasing an additional 121,170 shares during the last quarter. Finally, Nordea Investment Management AB boosted its position in shares of Ventas by 1,042.6% in the 2nd quarter. Nordea Investment Management AB now owns 386,881 shares of the real estate investment trust’s stock valued at $24,064,000 after purchasing an additional 353,022 shares during the period. 94.18% of the stock is currently owned by institutional investors.

Ventas Stock Up 0.8%

VTR stock opened at $77.90 on Monday. The company has a 50 day moving average of $75.00 and a two-hundred day moving average of $69.35. The company has a market cap of $36.59 billion, a price-to-earnings ratio of 149.80, a PEG ratio of 1.96 and a beta of 0.78. Ventas, Inc. has a 12-month low of $56.68 and a 12-month high of $81.89. The company has a quick ratio of 0.32, a current ratio of 0.32 and a debt-to-equity ratio of 1.01.

Ventas (NYSE:VTR) last posted its quarterly earnings results on Wednesday, October 29th. The real estate investment trust reported $0.88 EPS for the quarter, beating the consensus estimate of $0.87 by $0.01. Ventas had a net margin of 4.28% and a return on equity of 2.05%. The business had revenue of $1.49 billion for the quarter, compared to analysts’ expectations of $1.44 billion. During the same period in the previous year, the company posted $0.80 EPS. Ventas’s revenue was up 20.5% on a year-over-year basis. Ventas has set its FY 2025 guidance at 3.450-3.480 EPS. On average, equities analysts anticipate that Ventas, Inc. will post 3.4 earnings per share for the current fiscal year.

Ventas Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st will be issued a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Wednesday, December 31st. Ventas’s payout ratio is currently 369.23%.

Insider Activity at Ventas

In related news, CFO Robert F. Probst sold 33,591 shares of the stock in a transaction that occurred on Wednesday, November 12th. The stock was sold at an average price of $76.77, for a total value of $2,578,781.07. Following the transaction, the chief financial officer owned 168,364 shares in the company, valued at approximately $12,925,304.28. This represents a 16.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Peter J. Bulgarelli sold 2,229 shares of the firm’s stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $80.08, for a total transaction of $178,498.32. Following the transaction, the chief executive officer directly owned 106,488 shares in the company, valued at approximately $8,527,559.04. The trade was a 2.05% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 688,184 shares of company stock valued at $50,726,248. 1.00% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several analysts have issued reports on VTR shares. Argus restated a “buy” rating and set a $75.00 price objective on shares of Ventas in a report on Tuesday, August 26th. KeyCorp boosted their price target on shares of Ventas from $70.00 to $85.00 and gave the company an “overweight” rating in a report on Thursday, December 4th. JPMorgan Chase & Co. raised their price objective on shares of Ventas from $72.00 to $76.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 26th. Weiss Ratings reissued a “buy (b-)” rating on shares of Ventas in a research note on Monday, December 8th. Finally, Scotiabank increased their target price on Ventas from $74.00 to $80.00 and gave the company a “sector perform” rating in a report on Thursday, November 13th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $78.40.

Ventas 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.