Ventas, Inc. (NYSE:VTR – Get Free Report) CEO Debra A. Cafaro sold 6,827 shares of the business’s stock in a transaction dated Thursday, September 5th. The shares were sold at an average price of $63.20, for a total transaction of $431,466.40. Following the sale, the chief executive officer now directly owns 986,717 shares of the company’s stock, valued at approximately $62,360,514.40. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Ventas Price Performance
Shares of Ventas stock traded up $0.04 during midday trading on Friday, reaching $62.86. 2,490,056 shares of the company’s stock traded hands, compared to its average volume of 2,320,945. The company’s 50 day simple moving average is $56.24 and its 200 day simple moving average is $49.38. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 1.36. Ventas, Inc. has a 52 week low of $39.33 and a 52 week high of $63.46.
Ventas (NYSE:VTR – Get Free Report) last released its quarterly earnings results on Thursday, August 1st. The real estate investment trust reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.74). The business had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.19 billion. Ventas had a negative net margin of 3.33% and a negative return on equity of 1.63%. The firm’s revenue for the quarter was up 8.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.75 EPS. Equities analysts forecast that Ventas, Inc. will post 3.16 EPS for the current year.
Institutional Inflows and Outflows
Analyst Ratings Changes
Several brokerages have commented on VTR. Wedbush raised their price target on shares of Ventas from $54.00 to $64.00 and gave the company an “outperform” rating in a research note on Monday, August 5th. Evercore ISI increased their price objective on shares of Ventas from $61.00 to $64.00 and gave the company an “outperform” rating in a report on Wednesday, August 28th. Wells Fargo & Company increased their price objective on shares of Ventas from $46.00 to $49.00 and gave the company an “equal weight” rating in a report on Thursday, May 30th. StockNews.com upgraded shares of Ventas from a “sell” rating to a “hold” rating in a report on Wednesday, July 10th. Finally, Wolfe Research upgraded shares of Ventas to a “strong-buy” rating in a report on Friday, August 9th. Four research analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $55.50.
Get Our Latest Research Report on VTR
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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