Ventas, Inc. (NYSE:VTR – Get Free Report) CEO Debra A. Cafaro sold 121,248 shares of the business’s stock in a transaction dated Tuesday, October 29th. The shares were sold at an average price of $66.17, for a total transaction of $8,022,980.16. Following the transaction, the chief executive officer now directly owns 986,717 shares of the company’s stock, valued at $65,291,063.89. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Ventas Price Performance
NYSE:VTR traded down $1.03 during mid-day trading on Thursday, reaching $65.45. 4,739,492 shares of the stock were exchanged, compared to its average volume of 2,390,912. Ventas, Inc. has a 1-year low of $41.45 and a 1-year high of $67.61. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 1.36. The firm has a market capitalization of $27.04 billion, a PE ratio of -385.24, a PEG ratio of 2.87 and a beta of 1.36. The business has a fifty day moving average price of $63.48 and a 200 day moving average price of $55.10.
Ventas (NYSE:VTR – Get Free Report) last released its earnings results on Thursday, August 1st. The real estate investment trust reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.74). The business had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.19 billion. Ventas had a negative return on equity of 1.63% and a negative net margin of 3.33%. The firm’s revenue for the quarter was up 8.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.75 earnings per share. Research analysts expect that Ventas, Inc. will post 3.18 earnings per share for the current fiscal year.
Ventas Dividend Announcement
Institutional Investors Weigh In On Ventas
A number of institutional investors and hedge funds have recently modified their holdings of VTR. First Community Trust NA acquired a new stake in shares of Ventas during the second quarter worth $25,000. ORG Partners LLC purchased a new position in Ventas in the 2nd quarter worth about $27,000. EdgeRock Capital LLC purchased a new position in Ventas in the 2nd quarter worth about $41,000. Global X Japan Co. Ltd. acquired a new stake in Ventas during the 3rd quarter worth about $48,000. Finally, Friedenthal Financial purchased a new stake in Ventas during the second quarter valued at about $51,000. Institutional investors and hedge funds own 94.18% of the company’s stock.
Wall Street Analyst Weigh In
Several equities analysts have recently issued reports on the company. Scotiabank boosted their price objective on Ventas from $59.00 to $65.00 and gave the stock a “sector perform” rating in a research report on Friday, October 11th. StockNews.com lowered Ventas from a “hold” rating to a “sell” rating in a research report on Monday, October 21st. Wedbush raised their price target on Ventas from $64.00 to $71.00 and gave the company an “outperform” rating in a report on Tuesday, September 10th. Royal Bank of Canada upped their price objective on shares of Ventas from $52.00 to $63.00 and gave the stock an “outperform” rating in a report on Friday, August 9th. Finally, Wolfe Research raised shares of Ventas to a “strong-buy” rating in a research note on Friday, August 9th. One analyst has rated the stock with a sell rating, one has issued a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $63.63.
Get Our Latest Stock Analysis on Ventas
About Ventas
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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