FMR LLC Discloses 5.811% Passive Stake in Ventas, Inc.

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

From the Filing

0000315066-24-001560.txt : 20240209 0000315066-24-001560.hdr.sgml : 20240209 20240209100520 ACCESSION NUMBER: 0000315066-24-001560 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240209 DATE AS OF CHANGE: 20240209 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Ventas, Inc. CENTRAL INDEX KEY: 0000740260 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 611055020 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-40710 FILM NUMBER: 24612629 BUSINESS ADDRESS: STREET 1: 353 N. CLARK STREET STREET 2: SUITE 3300 CITY: CHICAGO STATE: IL ZIP: 60654 BUSINESS PHONE: 3126603800 MAIL ADDRESS: STREET 1: 353 N. CLARK STREET STREET 2: SUITE 3300 CITY: CHICAGO STATE: IL ZIP: 60654 FORMER COMPANY: FORMER CONFORMED NAME: VENTAS INC DATE OF NAME CHANGE: 19980507 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FMR LLC CENTRAL INDEX KEY: 0000315066 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] ORGANIZATION NAME: IRS NUMBER: 043532603 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 BUSINESS PHONE: 6175706339 MAIL ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 FORMER COMPANY: FORMER CONFORMED NAME: FMR CORP DATE OF NAME CHANGE: 19920717 SC 13G 1 filing.txt SCHEDULE 13G Amendment No.0 VENTAS INC COMMON STOCK Cusip #92276F100 Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [x] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) Cusip #92276F100 Item 1: Reporting Person - FMR LLC Item 2: (a) [ ] (b) [ ] Item 4: Delaware Item 5: 22,675,406 Item 6: 0 Item 7: 23,403,411 Item 8: 0 Item 9: 23,403,411 Item 11: 5.811% Item 12: HC Cusip #92276F100 Item 1: Reporting Person - Abigail P. Johnson Item 2: (a) [ ] (b) [ ] Item 4: United States of America Item 5: 0 Item 6: 0 Item 7: 23,403,411 Item 8: 0 Item 9: 23,403,411 Item 11: 5.811% Item 12: IN Item 1(a). Name of Issuer: VENTAS INC Item 1(b). Address of Issuer's Principal Executive Offices: 353 N. Clark St, Suite 3300 Chicago, IL 60654 USA Item 2(a). Name of Person Filing: FMR LLC Item 2(b). Address or Principal Business Office or, if None, Residence: 245 Summer Street, Boston, Massachusetts 02210 Item 2(c). Citizenship: Not applicable Item 2(d). Title of Class of Securities: COMMON STOCK Item 2(e). CUSIP Number: 92276F100 Item 3. This statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c) and the person filing, FMR LLC, is a parent holding company in accordance with Section 240.13d-1(b)(1)(ii)(G). (Note: See Exhibit A). Item 4. Ownership (a) Amount Beneficially Owned: 23,403,411 (b) Percent of Class: 5.811% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: Please see the responses to Items 5 and 6 on the cover page (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 23,403,411 (iv) shared power to dispose or to direct the disposition of: 0 Item 5. Ownership of Five Percent or Less of a Class. Not applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person. One or more other persons are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the COMMON STOCK of VENTAS INC. No one other person's interest in the COMMON STOCK of VENTAS INC is more than five percent of the total outstanding COMMON STOCK. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. See attached Exhibit A. Item 8. Identification and Classification of Members of the Group. Not applicable. Item 9. Notice of Dissolution of Group. Not applicable. Item 10. Certifications. By signing