FMR LLC Discloses 5.811% Passive Stake in Ventas, Inc.
Ticker: VTR · Form: SC 13G · Filed: Feb 9, 2024 · CIK: 740260
| Field | Detail |
|---|---|
| Company | Ventas, Inc. (VTR) |
| Form Type | SC 13G |
| Filed Date | Feb 9, 2024 |
| Risk Level | low |
| Sentiment | bullish |
Complexity: simple
Sentiment: bullish
Topics: institutional-ownership, passive-investment, SC-13G
TL;DR
**FMR LLC just revealed a 5.811% passive stake in Ventas (VTR).**
AI Summary
FMR LLC, a major investment management firm, and its principal owner, Abigail P. Johnson, have disclosed a significant stake in Ventas, Inc. (VTR), a healthcare real estate investment trust. As of December 31, 2023, FMR LLC beneficially owns 23,403,411 shares of Ventas common stock, representing 5.811% of the company's outstanding shares. This filing indicates FMR LLC's position as a substantial passive investor, which could signal confidence in Ventas's long-term prospects and potentially influence its stock performance.
Why It Matters
This filing shows a major institutional investor, FMR LLC, has a significant stake in Ventas, which can be seen as a vote of confidence and might attract other investors.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of a passive investment, indicating no immediate negative risk to the company.
Analyst Insight
A smart investor would view FMR LLC's 5.811% passive stake as a positive signal, potentially indicating institutional confidence in Ventas, Inc., and might consider further research into VTR's fundamentals.
Key Numbers
- 23,403,411 — Shares Beneficially Owned (Total shares of Ventas, Inc. common stock held by FMR LLC and Abigail P. Johnson.)
- 5.811% — Percent of Class (The percentage of Ventas, Inc.'s common stock that FMR LLC and Abigail P. Johnson collectively own.)
Key Players & Entities
- FMR LLC (company) — reporting person and parent holding company
- Ventas, Inc. (company) — subject company, issuer of common stock
- Abigail P. Johnson (person) — reporting person, principal owner of FMR LLC
- 23,403,411 (dollar_amount) — shares beneficially owned by FMR LLC and Abigail P. Johnson
- 5.811% (dollar_amount) — percentage of Ventas, Inc. common stock owned
Forward-Looking Statements
- Ventas, Inc. stock may experience increased investor interest due to FMR LLC's significant stake. (Ventas, Inc.) — medium confidence, target: next 3-6 months
FAQ
Who is the reporting person in this SC 13G filing?
The reporting person in this SC 13G filing is FMR LLC, and also Abigail P. Johnson, who is associated with FMR LLC.
What is the name of the issuer whose securities are being reported?
The name of the issuer is VENTAS INC, as stated in Item 1(a) of the filing.
How many shares of Ventas, Inc. common stock does FMR LLC beneficially own?
FMR LLC beneficially owns 23,403,411 shares of Ventas, Inc. common stock, as reported in Item 4(a) of the filing.
What percentage of Ventas, Inc.'s common stock does FMR LLC own?
FMR LLC owns 5.811% of Ventas, Inc.'s common stock, as reported in Item 4(b) and Item 11 for both FMR LLC and Abigail P. Johnson.
Under which rule is this Schedule 13G filed?
This Schedule 13G is filed pursuant to Rule 13d-1(b), as indicated by the checked box in the filing.
Filing Details
This Form SC 13G (Form SC 13G) was filed with the SEC on February 9, 2024 by Abigail P. Johnson regarding Ventas, Inc. (VTR).